Core Insights - Seagate Technology Holdings plc's revenue growth is primarily driven by the increasing demand for data centers, particularly from cloud service providers and enterprise customers supporting AI workloads and rising data volumes [1] Group 1: Financial Performance - In the first quarter of fiscal 2026, Seagate's data center revenue accounted for 80% of total revenue, reaching $2.1 billion, which is a 13% sequential increase and a 34% year-over-year increase [3][9] - For the fiscal second quarter, Seagate expects revenues of $2.7 billion (+/- $100 million), indicating a 16% year-over-year improvement at the midpoint [2] - The non-GAAP operating margin is projected to increase to approximately 30% at the midpoint of revenue guidance [2] Group 2: Product and Market Dynamics - Seagate shipped 159 exabytes to data center customers in the first quarter, up from 137 exabytes in the prior-year period, with a 26% increase in average nearline drive capacity contributing to overall growth [4][9] - The company is ramping up production of its high-capacity Mozaic products, with most major global cloud providers already qualified on Seagate's HAMR-based drives [5] - Long-term agreements with global data center customers provide strong visibility through 2027, supporting confidence in sustained demand [4] Group 3: Competitive Landscape - Western Digital Corporation's HDD business is also experiencing revenue growth, shipping 204 exabytes, up 23%, driven by demand for higher-capacity drives [6] - Pure Storage, Inc. is innovating in enterprise storage, raising its fiscal 2026 revenue outlook to $3.63-$3.64 billion, indicating a year-over-year growth of 14.5-14.9% [7] Group 4: Stock Performance and Valuation - Seagate's shares have gained 248.3% over the past year, outperforming the Zacks Computer Integrated Systems industry's growth of 97.6% [10] - The forward price/earnings ratio for Seagate's shares is currently at 24.26X, higher than the industry's 17.73X [11] - The Zacks Consensus Estimate for Seagate's earnings for fiscal 2026 has been revised up by 2.18% to $11.26 over the past 60 days [12]

Core Insights - Seagate Technology is showcasing advanced storage solutions at Intersec 2026, focusing on AI-driven video analytics that transform data into actionable intelligence [1] - The company emphasizes the importance of mass-capacity storage to support the growing demand for video data analytics across various industries [4] Industry Trends - AI applications in video image analytics are leading to significant data growth, with over 75% of organizations expecting their video data to double in the next five years [2] - New use cases for video data are emerging, including investigations, automated alerts, compliance, and operational insights [2] Company Developments - Seagate is introducing its 32TB hard drives across its Exos®, SkyHawk® AI, and IronWolf® Pro portfolios to meet the increasing demand for data storage [3] - The company’s hard drives are designed to deliver high capacity, performance, and scalability, enabling efficient storage and processing of large data volumes [3] Product Information - The 32TB hard drives are available starting January 14, with recommended retail prices of $699.99 for SkyHawk AI, $729.99 for Exos, and $849.99 for IronWolf Pro [5] - Key features of the drives include support for extensive video storage, high workload ratings, and reliability enhancements such as health management and data recovery services [10]

Market Overview - Investors should not overreact to uneventful unemployment data, as it allows for a focus on broader market trends and rallies beyond last year's winners [1] - Money is aggressively rotating into overlooked sectors, particularly data storage stocks, which have seen significant rallies while former market leaders struggle [2] Company Insights - Apple and Nvidia have not performed well despite strong underlying businesses, as they have become sources of funds for investors seeking new opportunities [3] - Upcoming earnings season is expected to start strong with JPMorgan Chase, although caution is advised regarding CEO Jamie Dimon's potential risk emphasis [6] - Delta Air Lines is anticipated to report strong results, with banks like Citigroup, Wells Fargo, Bank of America, Goldman Sachs, and Morgan Stanley also expected to perform well [7] Economic Indicators - The December consumer price index will be more significant than recent labor data, with signs of persistent inflation impacting consumer sentiment and presidential policies [5] - The JPMorgan Healthcare Conference is expected to generate merger-and-acquisition activity, with interviews of pharmaceutical executives planned [4] Sector Focus - Attention is on Taiwan Semiconductor Manufacturing Company, which may influence Nvidia's stock performance [8] - Transport stocks are also in focus, with expectations that a solid report from J.B. Hunt will support a bullish outlook on FedEx [9]

Economic Indicators - US housing starts unexpectedly fell by 4.6% month-over-month to a 5.5-year low of 1.246 million, weaker than expectations of 1.330 million [1] - US building permits fell by 0.2% to 1.412 million, which was stronger than expectations of 1.350 million [1] - US nonfarm payrolls rose by 50,000 in December, weaker than expectations of 70,000, while November's payrolls were revised lower to 56,000 from 64,000 [2] - The December unemployment rate fell by 0.1% to 4.4%, better than expectations of 4.5% [2] Stock Market Performance - The S&P 500 Index closed up by 0.65%, reaching a new all-time high, supported by a resilient US labor market [5][6] - Chipmakers and data storage companies saw significant gains, with Sandisk closing up more than 12% and Intel up more than 10% [15] - Home builders and suppliers rallied after President Trump announced plans for Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds, with Builders FirstSource closing up more than 12% [16] - Power producers also experienced gains, with Vistra closing up more than 10% following electricity deals with Meta Platforms [17] Consumer Sentiment and Inflation Expectations - The University of Michigan's US January consumer sentiment index rose by 1.1 to 54.0, stronger than expectations of 53.5 [6] - January 1-year inflation expectations remained unchanged at 4.2%, while 5-10 year inflation expectations rose to 3.4% from 3.2% in December [7] Interest Rates and Federal Reserve Commentary - The 10-year T-note yield rose to a 4-week high of 4.203%, influenced by rising inflation expectations and hawkish comments from Atlanta Fed President Raphael Bostic [10][11] - The markets are currently discounting a 5% chance of a 25 basis point rate cut at the upcoming FOMC meeting [8] International Market Trends - European stock markets, including the Euro Stoxx 50, reached new record highs, with a 1.58% increase [9] - China's Shanghai Composite climbed to a 10.5-year high, closing up by 0.92% [9]

Core Insights - Western Digital Corporation (NASDAQ:WDC) triggered a significant Power Inflow alert, indicating a bullish trend in trading activity, particularly among institutional and retail investors [3][5]. Group 1: Power Inflow Signal - The Power Inflow signal was triggered at a price of $187.86 on January 9 at 10:17 AM EST, following a nearly 3% decline in stock price prior to the alert [4]. - After the alert, both retail and institutional trading interest shifted towards buying, resulting in a stock price increase to a post-alert high of $197.90 by 2:45 PM EST, reflecting a gain of 5.34% [5][8]. Group 2: Understanding Order Flow Analytics - The Power Inflow alert is a proprietary signal from TradePulse, issued within the first two hours of trading, highlighting significant shifts in order flow towards buying activity, suggesting a high probability of bullish price movement for the day [6]. - Order flow analytics provide insights into real-time buying and selling trends by examining volume, timing, and order size, enabling traders to make informed decisions based on market sentiment [7]. Group 3: WDC Performance Analysis - At the time of the Power Inflow alert, WDC was priced at $187.86, and the subsequent price increase demonstrates the effectiveness of the Power Inflow signal in identifying bullish momentum, especially during price declines [8]. - Traders who acted on the Power Inflow signal could have realized immediate and significant intraday gains, showcasing the value of monitoring order flow data for potential buying opportunities [8].

Group 1 - Palantir Technologies experienced a significant stock increase of 135% in 2025, driven by heightened demand for its AI software solutions from both government and enterprise sectors [1] - Despite the impressive growth, Palantir's stock is currently trading at a high valuation of 417 times earnings and 117 times sales, with analysts projecting only an 11% upside in the next year [2] - Only 25% of analysts recommend buying Palantir stock at this time, indicating a cautious outlook among market experts [2] Group 2 - Western Digital outperformed Palantir with a remarkable stock increase of 282% in 2025, attributed to its focus on data storage solutions [3] - The company generates nearly 90% of its revenue from the cloud segment, reflecting strong demand for storage solutions in AI data centers [5] - The global data generation is expected to triple from 2023 to 2028, with AI driving a 131% increase in HDD shipments between 2024 and 2028, expanding Western Digital's addressable market significantly [8]

Western Digital Corporation (NASDAQ:WDC) is one of the Best Unstoppable Growth Stocks to Buy Right Now. Western Digital Corporation (NASDAQ:WDC) has gained more than 9% since the start of 2026. The stock was among the unstoppable technology stocks with 278% gains last year. On December 31, CEO of Grasso Global, Steve Grasso, appeared on a CNBC Television interview to discuss the company’s performance and whether Western Digital can sustain its gains. Grasso noted that the gains are impressive, and after t ...

Group 1 - SanDisk Corporation (NASDAQ:SNDK) is gaining attention as a promising tech stock, with Bank of America raising its price target from $300 to $390 and maintaining a Buy rating [1] - Analysts are optimistic about the role of NAND technology in AI infrastructure, particularly following Nvidia's presentation at CES 2026 [1][2] - The introduction of the Inference Context Memory Storage tier, powered by the BlueField-4 DPU, is expected to enhance the performance of flash memory, making it critical for AI applications [2] Group 2 - JPMorgan initiated coverage of SanDisk with a Neutral rating and a price target of $235, highlighting the company's strategic position to benefit from the AI-driven supercycle in enterprise solid-state drives [3] - SanDisk's competitive advantage stems from its lower cost base, achieved through a long-standing manufacturing joint venture with Kioxia [3] - The company develops and sells data storage devices using NAND flash technology across various global markets [4]

Economic Indicators - The number of Americans filing for initial jobless claims rose by 8,000 to 208,000, compared to the expected 213,000 [1] - U.S. Q3 nonfarm productivity increased by 4.9% quarter-over-quarter, aligning with expectations, while unit labor costs fell by 1.9% quarter-over-quarter, which was weaker than the expected no change [1] - The U.S. trade deficit for October unexpectedly narrowed to $29.4 billion, significantly better than the expected $58.1 billion, marking the lowest monthly level since 2009 [1] - U.S. consumer credit rose by $4.23 billion in November, falling short of the expected $10.1 billion [1] Stock Market Performance - Wall Street's major indices closed mixed, with data storage companies like Seagate Technology and Western Digital experiencing declines of over 7% and 6% respectively [2] - Software stocks also retreated, with Datadog dropping over 7% and Autodesk slipping more than 5% [2] - Defense stocks saw gains after President Trump proposed increasing U.S. military spending to $1.5 trillion by 2027, with AeroVironment rising over 8% and Huntington Ingalls Industries gaining over 6% [2] Corporate News - Asml Holding rose more than 4% after HSBC raised its price target on the stock [10] - Rocket Companies and UWM Holdings advanced over 7% and 5% respectively in pre-market trading due to President Trump's plan to buy $200 billion in mortgage bonds [17] - Revolution Medicines surged over 15% in pre-market trading following reports of Merck's interest in acquiring the company [17] International Market Developments - The Euro Stoxx 50 Index increased by 0.93%, reaching a new record high, driven by strong fourth-quarter revenue from TSMC [9] - German exports unexpectedly fell by 2.5% month-over-month, while imports rose by 0.8% month-over-month [11] - Japan's Nikkei 225 Stock Index closed sharply higher, boosted by strong earnings from Fast Retailing and a weaker yen [13]

Core Viewpoint - Sandisk Corporation (NASDAQ:SNDK) is identified as a strong growth stock, experiencing a significant price increase of over 17.8% on January 2, driven by positive market sentiment and strategic company developments [1]. Group 1: Market Sentiment and Stock Performance - The stock's price movement is linked to a broader rally in the AI sector, with increased investor interest in AI stocks due to rising demand for memory and chips as 2026 begins [2]. - Benchmark maintained a Buy rating on Sandisk with a price target of $260, citing strong demand for High Bandwidth Memory (HBM) and rising prices for NAND flash memory as key factors for its bullish outlook [4]. Group 2: Company Developments - Sandisk announced the appointment of Alexander R. Bradley to its board, who brings financial expertise and industry insights, which is seen as a strategic move to navigate the high-demand market for Hard Disk Drives [3]. - The CEO and Chairman of the Board, David Goeckeler, emphasized that Bradley's experience will help ensure long-term returns for shareholders amid increased market demand [3].