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Stock Market Today, April 29: Mixed Reactions as Big Tech Earnings Beat Expectations [Globe and Mail, The (Toronto, Canada)]
Seagate Technology Holdings PLC - Ordinary Shares (Ireland) (STX)
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Source: Globe and Mail, The
Last seagate technology holdings plc - ordinary shares (ireland) earnings: 4/22 04:05 pm
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US:NASDAQ Investor Relations: seagate.com/investors/overview
Industrial Average (DJINDICES:^DJI) fell 0.57% to 48,861.81 as traders stayed cautious ahead of the Fed rate decision and megacap tech earnings after the bell. Market movers PayPal gained after announcing a major reorganization and designating Venmo as a standalone business unit. Seagate Technology and Bloom Energy jumped on strong earnings. But the real action today took place after the bell when Alphabet Amazon Meta Platforms , and Microsoft announced quarterly earnings. All beat analyst expectations, but Alphabet and Amazon gained in after-hours trading while Meta and Microsoft fell. What this means for investors Markets were relatively flat today as investors awaited megacap earnings and Federal Reserve Chair Jerome Powell's comments following the two-day meeting. As expected, the Fed left rates unchanged, noting elevated inflation. Less expected was the news that Powell would stay on the Board of Governors once his term ends. Artificial intelligence (AI) spending and
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- Why Seagate Stock Surged Today [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
- Why Seagate Stock Surged Today [Yahoo! Finance][Yahoo! Finance]
- Stock Market Today, April 29: Mixed Reactions as Big Tech Earnings Beat Expectations [Yahoo! Finance][Yahoo! Finance]
- Data Is a 'Strategic Asset' Now—and Memory Stocks Just Can't Stop Flying [Yahoo! Finance][Yahoo! Finance]
- Seagate Technology (STX) had its price target raised by Barclays PLC from $625.00 to $750.00. They now have an "overweight" rating on the stock.[MarketBeat]
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