Seagate Technology Plc is a leading provider of data storage solutions that design, manufacture, and market a broad range of hard disk drives and solid-state drives for a variety of applications, including enterprise and consumer markets. The company specializes in delivering high-performance storage systems and innovative data management solutions that cater to the growing demand for reliable and secure data storage amidst the ever-expanding digital landscape. Seagate's technologies are integral to a wide array of devices, enabling fast access to information and supporting the burgeoning fields of cloud computing, big data, and artificial intelligence. Additionally, the company focuses on sustainability initiatives and advancing storage technology to help customers effectively manage and protect their data. Read More
As of November 10, 2025, a palpable wave of optimism is sweeping through global financial markets, fueled by significant progress in the US Senate towards ending the longest government shutdown in American history, now in its 41st day. The advancement of a bipartisan bill aimed at resolving the impasse has
The U.S. stock market experienced a robust rebound on Monday, November 10, 2025, with major indexes surging on widespread optimism that a protracted government shutdown is finally nearing its conclusion. This significant upswing follows a turbulent period, particularly for the tech sector, which had recently faced a slump amidst
Monday's session is showcasing interesting market movements in the S&P500 index, with notable gap up and gap down stocks. Stay updated with the gapping S&P500 stocks in today's session.
As the US market prepares to open on Monday, let's get an early glimpse into the pre-market session and identify the S&P500 stocks leading the pack in terms of gains and losses.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Before the US market kicks off on Thursday, let's examine the pre-market session and unveil the notable performers among the S&P500 top gainers and losers.
As of November 5, 2025, the once-unbridled ascent of artificial intelligence (AI) stocks has hit a significant snag, with the market experiencing a notable pullback driven by escalating valuation concerns. What was once hailed as an unstoppable recovery narrative has transformed into a critical re-evaluation, as investors and financial institutions
Seagate Technology Holdings plc (NASDAQ: STX) (“Seagate” or “us”) and Seagate HDD Cayman, a subsidiary of Seagate (“Seagate HDD”), today announced that on November 4, 2025, they entered into separate, privately negotiated exchange agreements with a limited number of holders of Seagate HDD’s 3.50% Exchangeable Senior Notes due 2028 (the “notes”) to exchange (collectively, the “exchanges”) $500 million principal amount of notes for consideration consisting of an aggregate of approximately $503.4 million in cash and a number of Seagate’s ordinary shares (the “ordinary shares”) to be determined over a one trading day period beginning on, and including, November 5, 2025. The exchanges are expected to be consummated on or about November 10, 2025, subject to customary closing conditions. The notes being exchanged will be retired upon completion of the exchanges. Following the closing of the exchanges, Seagate HDD expects that approximately $1.0 billion in aggregate principal amount of notes will remain outstanding with terms unchanged.
A number of stocks fell in the morning session after investors reassessed stretched valuations following a period of strong gains. The tech-heavy Nasdaq fell as much as 1.6%, with the S&P 500 also declining.
Seagate’s third quarter results were met with a positive market reaction, as the company reported notable growth in both revenue and profitability. Management attributed this performance primarily to robust demand from global cloud service providers and enterprise customers, especially for high-capacity nearline hard drives. CEO Dave Mosley emphasized the importance of Seagate’s HAMR-based Mozaic platforms in capturing this demand, noting that “the data center end market, which is comprised of nearline sales into cloud, enterprise and VIA customers, represented 80% of overall revenue.” This surge in data center activity, fueled by the proliferation of AI applications and a sharp rise in unstructured video data, was the dominant driver of Seagate’s strong quarter.
Curious about the top performers within the S&P500 index in the middle of the day on Monday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Apple, Amazon, Microsoft, and Alphabet beat Q3 estimates with revenue and earnings growth. Trump and Xi conclude high-stakes meeting with trade, soybean, and resource agreements, potentially impacting U.S.-China economic relations and global markets.
