Seagate shares are up 20% on Thursday: explore why

03:48pm, Thursday, 27'th Jan 2022 Invezz
Shares of Seagate Technology Holdings plc (NASDAQ: STX) are up 20% on Thursday after the global data storage company reported market-beating results for its fiscal second-quarter late last night. Impo
US stocks opened on a strong note on Thursday after the country’s economy grew 6.9% on quarter during the last three months of previous year, up from 2.3% expansion in the prior quarter and also above market estimates of 5.5%. Following the market opening, the Dow traded up 1.43% to 34,657.34 while the NASDAQ rose 1.27% to 13,714.18. The S&P also rose, gaining, 1.43% to 4,412.35. Also check out these big insider trades here Leading and Lagging Sectors Energy shares jumped 2.1% on Thursday. Meanwhile, top gainers in the sector included FLEX LNG Ltd. (NYSE: FLNG ), up 7% and Clean Energy Fuels Corp. (NASDAQ: CLNE ) up 8%. In trading on Thursday, consumer discretionary shares rose by just 0.6%. Top Headline McDonald''s Corporation (NYSE: MCD ) reported weaker-than-expected results for its fourth quarter. McDonald''s reported adjusted earnings of $2.23 per share, missing the consensus of $2.34 per share. Net sales came in at $6.01 billion, versus the consensus of $6.03 billion. Equities Trading UP The National Security Group, Inc. (NASDAQ: NSEC ) shares shot up 68% to $15.08 after VR Insurance announced acquisition of the company.

Seagate (STX) Q2 Earnings & Revenues Beat Estimates, Shares Up

02:42pm, Thursday, 27'th Jan 2022 Zacks Investment Research
Seagate's (STX) Q2 performance gains from higher uptake of its mass capacity storage solutions, owing to healthy cloud data center demand.
Our call of the day from Bridgewater Associates tries to answer one question floating around markets. What kind of market selloff would get the Fed's attention.
NEW YORK , Jan. 27, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for STX, XLNX, BX, TSLA, and FB. … Full story available on Benzinga.com

2 Strong Nasdaq Stocks Making Premarket Moves Higher Thursday

01:47pm, Thursday, 27'th Jan 2022 The Motley Fool
Tech is still alive and kicking. These two companies prove it.
Shares of Seagate Technology Holdings plc (NASDAQ: STX) are up 20% on Thursday after the global data storage company reported market-beating results for its fiscal second-quarter late last night. Impo
The three major U.S. equities indexes sank rapidly on Wednesday following the press conference with Federal Reserve Chair Jerome Powell.

Seagate Technology (STX) Q2 2022 Earnings Call Transcript

07:00am, Thursday, 27'th Jan 2022 The Motley Fool
STX earnings call for the period ending December 31, 2021.

Seagate (STX) Q2 Earnings and Revenues Beat Estimates

10:35pm, Wednesday, 26'th Jan 2022 Zacks Investment Research
Seagate (STX) delivered earnings and revenue surprises of 2.12% and 0.31%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Seagate Technology declares $0.70 dividend (NASDAQ:STX)

09:55pm, Wednesday, 26'th Jan 2022 Seeking Alpha
Seagate Technology (NASDAQ:STX) declares $0.70/share quarterly dividend, in line with previous.Forward yield 2.91%Payable April 6; for shareholders of record March 22; ex-div March 21.See
Seagate Technology press release (STX): Q2 Non-GAAP EPS of $2.41 beats by $0.05.Revenue of $3.12B (+19.1% Y/Y) in-line.Q3 2022 Guidance: Revenue of $2.9 billion, plus or minus
Seagate Technology's (STX) CEO Dave Mosley on Fiscal Second Quarter 2022 Results - Earnings Call Transcript
Seagate (STX) delivered earnings and revenue surprises of 2.12% and 0.31%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Vertex Pharmaceuticals Inc., Marten Transport, Nucor, Seagate Technology and Sanderson Farms are included in this blog.
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