Seagate stock jumped late Tuesday after the hard-disk drive maker reported quarterly results that beat expectations
Seagate Stock Shakes Off AI Rally Fears With Big Earnings Beat
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Seagate Technology (STX) stock is climbing after the hard-disk drive maker's quarterly results easily beat expectations. The company touted "durable" demand from data center customers, after recent fears about the sustainability of the AI rally weighed on memory and storage stocks. Seagate earned an adjusted $5.71 per share from sales of $3.6 billion for the June quarter, according to a…
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