Seagate (STX) expects to generate annualized savings from this expanded restructuring plan in the range of $40-$45 million, beginning from the fourth quarter of fiscal 2023.

Seagate Technology Holdings PLC STX disclosed Wednesday that it is increasing the number of employees being laid off by 480, or 1% of its workforce. The maker of data-storage technologies had said in ...

Investors have assigned a higher multiple to STX stock due to its superior profitability and better financial position, as discussed below If we look at stock returns, both have seen significant cuts ...

With the Federal Reserve vowing higher interest rates for longer, the 10-year Treasury Note yield entered March like a lion roaring above 4% for the first time since November 2022. After finishing las...

Seagate Technology Holdings plc (NASDAQ:STX ) Morgan Stanley Technology, Media & Telecom Conference March 8, 2023 1:25 AM ET Company Participants Gianluca Romano - CFO Conference Call Participants Eri...

While last year presented challenges for sectors not tied to the hydrocarbon energy space, the technology-related segment suffered horrendously. Though it does lead to opportunities in battered stocks...

Micron said late Thursday a board committee has approved plans to cut certain executives' salaries and suspended all executive bonuses in the fiscal year 2023.

Tech stocks continue to be a major player in the stock market in 2023. Driven by ongoing innovation and investment, big-name turnarounds suggest that Feb. could be the beginning of a sharp upward tren...

Looking for reasons to celebrate during the fourth-quarter profit season? A few standout S&P 500 companies just gave you some big ones.

Data storage solutions giant Seagate Technology Holdings PLC (NYSE: STX) stock has been recovering since putting in a bottom of $47.47 in October 2022. Its recent fiscal Q2 2023 earnings weren't a sma...