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0 0 -0.000795097544893861 -0.000426637707016083 0.00527479346856461 0.00345188690222256 0.0037579024938914 0.0113640771050693
Stock impact report

Seagate Technology (STX) Stock Trades Up, Here Is Why [Yahoo! Finance]

Seagate Technology Holdings PLC - Ordinary Shares (Ireland) (STX) 
Last seagate technology holdings plc - ordinary shares (ireland) earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: seagate.com/investors/overview
Company Research Source: Yahoo! Finance
Shares of data storage manufacturer Seagate (NASDAQ:STX) rose in the afternoon session after reports highlighted the company's strong fundamental momentum and its key role in the growing artificial intelligence industry. Investor optimism was fueled by the idea that Seagate was well-positioned to meet the massive storage needs of the AI sector. The company's ability to deliver AI-capable hard drives at a large scale for data centers was seen as a major advantage. This market position was supported by strong financial health, as recent figures showed a 196% year-over-year rise in earnings per share and a 32% increase in revenue. The positive move also came as the broader tech sector edged higher, with investors keenly awaiting results from AI chip leader Nvidia. After the initial pop the shares cooled down to $256.58, up 1.1% from previous close. Is now the time to buy Seagate Technology? Access our full analysis report here What Is The Market Telling Us Seagate Technology's s Show less Read more
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