Seagate and SanDisk stocks dropped 4% and 3% respectively due to profit taking after strong gains this year, with no new company news to explain the decline. Seagate shares have surged 201% year-to-date, while SanDisk rose 29% in the past month. In contrast, Micron stock remained stable, benefiting from its focus on AI-driven DRAM memory, which continues to see strong demand. The divergence suggests investors are selectively locking in gains on storage stocks while maintaining positions in AI-related memory sectors like Micron. Investors should watch for further pullbacks in Seagate and SanDisk and the overall strength of the AI memory market.
Vertiv and Seagate both reported strong earnings driven by AI infrastructure demand, but their approaches differ significantly. Vertiv focuses on power and cooling solutions for AI data centers, expanding capacity and acquisitions to support growth, ...
In Q2 2026, the Janus Henderson Global Sustainable Equity fund delivered a 14.19% gross return, slightly outperforming the MSCI World Gross TR index's 13.90% return. The fund's overweight position in the IT sector, the best-performing sector in the i...
Seagate's stock has surged over 380% in the past year, driven by strong demand for data storage from hyperscalers and new technology like HAMR. Currently trading around $904, analysts see potential for the stock to reach $1,000 within 12 to 27 months...
