Seagate Technology is set to report its Q2 2026 earnings with analysts expecting an EPS of $5.10 and revenue around $3.5 billion, reflecting strong demand for data storage driven by AI growth. The company's optimistic guidance aligns with these estimates, boosting investor confidence and causing a stock rally. Citigroup raised Seagate's price target to $1,240 despite a high P/E ratio of 67.92, signaling expectations of future earnings growth. The earnings report, due after market close on July 28, 2026, will be closely watched as Seagate competes in a dynamic tech market alongside companies like Nvidia and Marvell Technology.
Apple became the second company ever to surpass a $5 trillion market valuation, reaching $5.04 trillion after its shares hit a session high of $342.89. This milestone was driven by strong demand for Apple products and its choice to avoid heavy AI spe...
This week, U.S. markets focus on the Federal Reserve's July meeting, key inflation data like Core PCE, and second-quarter GDP figures, alongside major tech earnings from Microsoft, Meta, Apple, and Amazon. Rising oil prices and geopolitical tensions ...
