The acquisition will expand Lilly's oncology pipeline with STX-478, the differentiated and potentially best-in-class, mutant-selective PI3Kα inhibitor currently in a Phase 1/2 clinical trialSTX-478 could potentially address 30-40% of people with hormone-positive breast cancer, building on Lilly's advancements against this diseaseINDIANAPOLIS and BOSTON, Mass., Jan. 13, 2025 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) and Scorpion Therapeutics, Inc. ("Scorpion"), a private biotechnology company develop ...

In late August, I wrote an analysis piece on Seagate Technology (NASDAQ: STX ) in which I labeled the company a buy. This was down from my pieces in 2015 and 2017 , asI’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and the Quincy Institute for Responsible Statecraft. I have been writing investment analy ...

Seagate Technology Holdings plc (STX) stock has slipped 9.9% in the past month compared with the industry and S&P 500 Composite’s decline of 4.2% and 2.7%, respectively.Price PerformanceImage Source: Zacks Investment ResearchThe stock fell 1% in the last trading session and closed at $88.69, trading near its 52-week low of $81.88. The factors that could have put downward pressure on the stock include concerns surrounding delays in the qualifications of its HAMR (Heat-Assisted Magnetic Recording) technology, ...

After helping to fuel the S&P 500 to record gains this year, the chip sector has taken a heavy step back, particularly over the past month as heavyweights Micron ( MU ) and Western Digital ( WDC ) signaledWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 20 ...

Seagate Technology Holdings plc (STX) stock has been on an upward trajectory amid broader market volatility. Despite solid year-to-date gains, STX’s valuation remains low, prompting investors to ponder if this represents a buying opportunity. Image Source: Zacks Investment ResearchSTX is currently trading at a forward 12 month price-to-sales ratio of 2.04X, a discount compared with the Zacks Computer & Technology sector’s 6.28X and the industry’s 3.12X.Image Source: Zacks Investment ResearchShares of STX ha ...

The digital domain has an insatiable appetite for data that is fueling a boom in the data storage industry. The International Data Corporation (IDC) projects a compound annual growth rate exceeding 10% for the overall data storage market through 2028, a trajectory primarily driven by the exponential growth of artificial intelligence (AI) and cloud computing. Within this rapidly expanding subsector of the technology sector, Seagate Technology NASDAQ: STX and Western Digital NASDAQ: WDC continue to face off a ...

Seagate Technology Holdings plc (NASDAQ:STX) Barclays 22nd Annual Global Technology Conference December 11, 2024 12:15 PM ET Company Participants Gianluca Romano - CFO Conference Call Participants Thomas O'Malley - Barclays Thomas O'Malley Can kick us off now on the clock, so we know. But welcome back, everyone. I'm Tom O'Malley, semi and semi-cap analyst here at Barclays. A pleasure to have Gianluca Romano here, CFO at Seagate. Thank you very much for joining us. Gianluca Romano Thank you for inviting us. ...

Seagate Technology Holdings plc (NASDAQ:STX) Barclays 22nd Annual Global Technology Conference December 11, 2024 12:15 PM ET Company Participants Gianluca Romano - CFO Conference Call Participants Thomas O'Malley - Barclays Thomas O'Malley Can kick us off now on the clock, so we know. But welcome back, everyone. I'm Tom O'Malley, semi and semi-cap analyst here at Barclays. A pleasure to have Gianluca Romano here, CFO at Seagate. Thank you very much for joining us. Gianluca Romano Thank you for inviting us. ...

Seagate Technology Holdings plc (NASDAQ:STX) Wells Fargo 8th Annual TMT Summit Conference December 4, 2024 2:00 PM ET Company Participants Gianluca Romano - CFO Conference Call Participants Aaron Rakers - Wells Fargo Aaron Rakers Why don't we go ahead and get started. We'll stay on schedule here. So I'm Aaron Rakers with Wells Fargo IT Hardware and Semiconductor analyst and pleased to have with us for a quick discussion Gianluca Romano, Executive Vice President and Chief Financial Officer of Seagate. So fir ...

Seagate Technology Holdings plc (NASDAQ:STX) UBS Global Technology and AI Conference December 3, 2024 3:35 PM ET Company Participants Dave Mosley - CEO Conference Call Participants Timothy Arcuri - UBS Securities LLC Timothy Arcuri Okay, we're going to start. I'm Tim Arcuri. I'm the Semiconductor Analyst here at UBS. Very happy to have Seagate with us, and we have Dave Mosley with us. Thanks, Dave. Dave is the CEO from Seagate. Dave Mosley Thanks Tim. We've got some just forward looking statements. Check ou ...