Pomegra
Technology
NOTABLE
19h ago6 min read
Micron Technology Stock Jumps as Memory Rally Builds
Micron technology stock rose about 12% as SanDisk and Seagate also surged after CoreWeave said AI demand outpaces capacity and Morgan Stanley backed the dip.
Company hub
STX stock news & analysis
Everything Pomegra has published on STX: 23 news articles and 8 market briefs, newest first.
Market briefs on STX
- Memory Stocks Surge: Sandisk Up 16% After CoreWeave Earnings
Micron (MU) rose 11.9% and Seagate (STX) about 10% as CoreWeave's strong results eased AI spending fears.
19h ago
- SanDisk Stock Falls 5% Despite Earnings Beat, Stock Split
SanDisk (SNDK) shares closed at $1,330 as a Samsung miss hit memory stocks before its $11B quarter.
Oct 30
- Seagate Stock Falls 6% After Hours Despite Earnings Beat
Seagate (STX) slid after sales jumped 61% and guidance beat forecasts, following a day of storage-stock gains
Oct 28
- Western Digital Stock Jumps 6% as Chip Stocks Bounce
Western Digital (WDC) rose 6.09% as the chip index snapped an eight-day slide before Thursday's earnings.
Oct 20
- Micron Stock Falls 3% as China's CXMT Flags Denser Chips
Micron (MU) fell as Sandisk dropped 5.7% after China's CXMT said it will launch denser server memory chips
Oct 12
- Seagate Stock Falls 9.2% After Toshiba Capacity Plan
Seagate (STX) fell 9.2% and Western Digital (WDC) 6.9% on a Toshiba plan and a reported TDK bid fight.
Oct 7
- Seagate Stock Falls 14% After Toshiba Expansion Report
Seagate (STX) and Western Digital (WDC, down 14%) slid on a Toshiba plan to double hard-drive output.
Oct 2
- SanDisk Stock Jumps 6% as Rosenblatt Starts Coverage at Buy
SanDisk (SNDK) gets a $2,400 Rosenblatt target as AI demand locks in 65% of its FY2028 output.
Sep 23
STX news
Technology
NOTABLE
Oct 285 min read
Seagate (STX) Falls 7% After Hours Despite Q1 Beat
Seagate (STX) shares fell about 7% after hours despite a Q1 beat and guidance above forecasts, underscoring sky-high expectations for AI storage stocks.
Technology
NOTABLE
Oct 145 min read
Micron Technology Stock Falls 5% on CXMT Memory Threat
Micron Technology stock slid as much as 5% after China's CXMT flagged denser server memory by year-end, pulling Sandisk and other memory shares lower.
Technology
NOTABLE
Oct 134 min read
Western Digital Falls 7.7% as UBS Trims Target to $470
Western Digital (WDC) fell 7.7% and Seagate (STX) 7.3% as memory stocks sold off and UBS cut its WDC price target to $470 from $525 on supply concerns.
Technology
MAJOR
Oct 66 min read
Seagate, Western Digital Sink as Toshiba Doubles HDD Output
Seagate fell 9% and Western Digital 7% after Toshiba said it would double hard-disk output, challenging the supply scarcity behind this year's AI storage rally.
Technology
NOTABLE
Oct 45 min read
Seagate, Western Digital Slide on Toshiba HDD Plan
Seagate (STX) and Western Digital (WDC) fell about 10% after Nikkei reported Toshiba will double hard-disk output, hitting two of 2026's top AI stocks.
Technology
NOTABLE
Oct 25 min read
Seagate, WDC Fall as Toshiba Plans to Double HDD Output
Seagate (STX) and Western Digital (WDC) fell 7% to 11% on October 2 after Nikkei reported that Toshiba will double AI data-center hard-drive capacity by fiscal 2027.
Technology
NOTABLE
Oct 24 min read
Nvidia Hits Record High, Leading Chip Rally in 2026
Nvidia shares reached an all-time high near $237.75 on October 2, their first record since May, as a $150 billion buyback and AI optimism lifted chip stocks.
Markets
NOTABLE
Sep 127 min read
STX, SNDK Slide on Profit-Taking After Triple-Digit 2026 Runs
Seagate Technology and SanDisk pulled back sharply on Friday despite no new bearish catalyst, as investors rotated profits from two of 2026's most explosive ai stocks into the broader market rally.
Markets
MAJOR
Sep 67 min read
SanDisk Leads S&P 500 With 12% Gain on NAND Crunch
SanDisk surged 11.9% on Friday, September 5, to become the S&P 500's top performer as tightening NAND flash supply and AI data center storage demand triggered a sector-wide memory and storage rally.
Economy
MAJOR
Aug 227 min read
30-Year Treasury Yield Hits 5.33%, 19-Year High
A surging U.S. deficit and sticky inflation drove the 30-year Treasury yield to 5.33%, a 19-year high, sinking the Nasdaq for three straight sessions.
Markets
MAJOR
Aug 206 min read
Micron, Western Digital Fall as AI Chip Names Diverge
Micron and Western Digital fell 5-7% on August 18 as rising Treasury yields and an AI spending report accelerated profit-taking in an extended memory sector.
Markets
MAJOR
Aug 196 min read
Memory Chips Selloff Drags Storage Sector Down 9%
Western Digital, SanDisk, Marvell Technology, and Seagate fell as much as 9% Tuesday as a Wall Street Journal report on the true scale of big tech's AI debt and a surge in long-term Treasury…
Technology
MAJOR
Aug 187 min read
Storage Stocks Dive as WSJ Flags $3T AI Exposure
A Wall Street Journal analysis revealing $3 trillion in off-balance-sheet AI commitments triggered a broad selloff in memory chips and hard drives stocks, with SanDisk, Marvell, Seagate, and…
Business & Earnings
NOTABLE
Aug 85 min read
Western Digital Q4 2026: Earnings Beat, Guidance Disappoints
Western Digital's fiscal Q4 results surpassed Wall Street estimates on revenue and profit, but cautious sequential guidance triggered a selloff that dragged rival Seagate down with it.
Technology
MAJOR
Aug 47 min read
Micron Climbs 5% as AI Bid Sweeps Memory Sector
Micron Technology shares surged nearly 5% Monday as renewed demand for AI infrastructure pushed DRAM chips and storage stocks broadly higher across global markets.
Business & Earnings
Jul 295 min read
Seagate Surges 8% on Blockbuster Q1 2027 Guidance
Seagate Technology's fiscal Q4 2026 beat and $7.30 per-share Q1 outlook—24% above Street consensus—sent STX 8% higher after hours, pulling Western Digital up 4% in sympathy.
Business & Earnings
Jun 266 min read
Micron MU Stock Soars 15% on Record AI Chip Earnings
Micron stock soared 15% after Q3 FY2026 revenue quadrupled to $41.5B on AI demand, with Q4 guidance of $50B far exceeding Wall Street's $43.6B estimate.
Markets
Jun 267 min read
Nasdaq Gains 2% as Chip Losses Persist
Micron's blowout Q3 earnings drive a 2% Nasdaq surge on June 26, but broader chip stocks extend losses as a volatile session splits into AI memory winners and hyperscaler losers.
Markets
Jun 248 min read
WMT, Defensives Lead Rebound as Chips Crater
Consumer staples staged the session's sharpest sector rally Tuesday as investors rotated out of battered semiconductor names into Walmart, Johnson & Johnson, Procter & Gamble, and Coca-Cola.
MarketsEconomy
May 318 min read
Druckenmiller's $1.2B Three-Stock Bet Sparks Copycat Surge
Druckenmiller's Duquesne Family Office disclosed a $1.2 billion concentrated bet in three stocks, touching off a wave of copycat trading that propelled already-surging AI memory names to fresh…
Markets
May 197 min read
Wall Street Stocks Slide May 19, 2026 — Chips, Yields, Oil Collide
Wall Street's three major indexes opened in negative territory on Tuesday, May 19, 2026, as a convergence of macro headwinds — rising Treasury yields, a persistent global bond selloff, and a sharp…
Markets
Apr 17 min read
Intel Surges ~10% as $14.2B Ireland Fab Buyback and 18A Launch Ignite Chip Sector Rally
Intel shares posted one of their strongest single-session gains of the year on April 1, 2026, as a landmark $14.2 billion fab repurchase deal and the commercial debut of its 18A process node delivered...