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Seagate Technology, Texas Instruments, Richtech Robotics, Corning And Lam Research: Why These 5 Stocks Are On Investors' Radars Today - Seagate Technology Hldgs (NASDAQ:STX)
Benzinga· 2026-01-28 01:24
Market Overview - Wall Street experienced renewed momentum with the S&P 500 reaching fresh highs, while major U.S. indices closed mixed. The Dow Jones Industrial Average decreased by 0.8% to 49,003.41, the S&P 500 increased by 0.41% to 6,978.60, and the Nasdaq rose by 0.9% to 23,817.09 [1] Seagate Technology Holdings Plc - Seagate's stock increased by 3.76% to close at $371.76, with an intraday high of $383.88 and a low of $361. The stock's 52-week range is between $63.21 and $383.88. In after-hours trading, the stock rose by 9.66% to $407.64 [1] - Seagate reported second-quarter earnings of $3.11 per share, surpassing estimates of $2.81, with revenue of $2.83 billion, exceeding the consensus of $2.73 billion and up from $2.33 billion a year earlier. The results were driven by strong data center demand and momentum from HAMR-based Mozaic products. For the third quarter, Seagate guided for adjusted EPS of $3.20–$3.60 and revenue of $2.8–$3.0 billion, both ahead of Wall Street expectations [2] Texas Instruments Inc. - Texas Instruments saw a marginal increase of 0.02%, closing at $196.63, with an intraday high of $198.41 and a low of $194.34. The stock's 52-week range is $139.95 to $221.69. In after-hours trading, the stock surged by 8.08% to $212.51 [3] - Texas Instruments reported fourth-quarter revenue of $4.42 billion, slightly missing estimates of $4.44 billion, while earnings were $1.27 per share, below the consensus of $1.30. The results included a six-cent per share reduction not part of its original guidance, despite a 10% year-over-year revenue increase. The company generated $7.2 billion in operating cash flow and $2.9 billion in free cash flow over the past 12 months, ending the quarter with $3.23 billion in cash. For the first quarter, the company guided revenue of $4.32–$4.68 billion and earnings of $1.22–$1.48 per share, broadly in line to slightly above expectations [4] Richtech Robotics Inc. - Richtech Robotics surged by 44.62%, closing at $5.51, with an intraday high of $5.60 and a low of $4.05. The stock's 52-week range is $1.37 to $7.43 [5] - The company announced a new partnership with Microsoft to enhance its AI capabilities, which significantly contributed to the stock's gains. The partnership focuses on integrating Azure AI vision, voice, and reasoning tools into its ADAM robot, enabling more contextual and autonomous behavior. The upgraded ADAM platform can now consider various factors such as time of day and weather, while proactively addressing potential operational issues [6] Corning Incorporated - Corning's stock jumped by 15.55% to $109.74, with an intraday high of $113.99 and a low of $100.97. The stock rose by 3.88% in extended trading to $114 [7] - A $6 billion deal with Meta Platforms to supply data center infrastructure significantly boosted Corning's shares. The agreement involves supplying Meta with optical fiber, cable, and connectivity solutions tailored for high-density AI data centers, aimed at supporting Meta's AI applications and infrastructure needs. Corning plans to expand manufacturing capacity in North Carolina, including a major expansion at its Hickory optical cable facility, where Meta will be the anchor customer [8] Lam Research - Lam Research's stock rose by 7.00%, closing at $238.46, with an intraday high of $239.5 and a low of $228.76. The stock rose by 1.07% to $241 in after-hours trading [9] - Investors are anticipating the company's upcoming earnings report, with expectations of positive guidance and performance exceeding expectations. Analysts expect Lam Research to report EPS of $1.17, with a focus on both potential earnings beats and forward guidance [10]
Richtech Robotics Collaborates with Microsoft to Advance Agentic AI in Real-World Robotics Applications
Globenewswire· 2026-01-27 13:00
Joint engineering effort with Microsoft AI Co-Innovation Labs enhances Richtech’s ADAM robot and extends intelligent automation across physical environments LAS VEGAS, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a U.S.-based provider of AI-driven robots operating in commercial and industrial environments, today announced a hands-on collaboration with Microsoft through the Microsoft AI Co-Innovation Labs to jointly develop and deploy agentic artificial intelli ...
Richtech Robotics Expands ADAM Robot Capabilities with AI Powered Artisanal Espresso System
Globenewswire· 2025-05-16 12:00
Core Insights - Richtech Robotics is launching an upgraded AI-powered barista robot, ADAM, featuring a new artisanal espresso system at the National Restaurant Association Show in Chicago from May 17 to May 20, 2025 [1][4] Company Overview - Richtech Robotics specializes in AI-driven service robots, focusing on the hospitality and healthcare sectors, aiming to enhance customer experiences and operational efficiency through automation [5] Product Features - The new artisanal coffee system includes equipment like a precision grinder, tamping equipment, and a hand-pressed espresso machine, allowing ADAM to monitor and control the espresso-making process in real time using NVIDIA-powered AI vision [2][3] - ADAM's advanced physical AI capabilities enable it to craft high-quality beverages while maintaining workflow efficiency and stable staffing [3] Market Positioning - The company emphasizes that automation does not compromise quality, as ADAM bridges the gap between automation and artisanal craft, providing unique customer experiences [2][3]