Seagate Posts Surprise Profit as Business Rebounds. Why the Stock is Sagging
The maker of hard disk drives said there are signs of improving demand from cloud data-center customers.
Source: marketwatch.com
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The maker of hard disk drives said there are signs of improving demand from cloud data-center customers.
Supermicro shares are soaring as the computer and server maker has gained more share in the slower-growing server arena.
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Sales fell 1% from a year early in dollar terms. In constant currency, sales declined 3%.
With U.S. stock markets set to open in two hours, (TKO) was up 8.5% in pre-market trading, and (UAL) was up 6.8%. (IONS), (VZ), and (RTX) were all posting...