Why Western Digital and Seagate are seeing big stock drops today
Investors are worried that Toshiba will boost its production of a key AI storage product, potentially hurting the strong pricing power that Western Digital and Seagate currently enjoy.
Investors are worried that Toshiba will boost its production of a key AI storage product, potentially hurting the strong pricing power that Western Digital and Seagate currently enjoy.
The caverns that hold the U.S. strategic oil reserves could get damaged by the rapid release of stockpiles in response to the Iran war, experts warned this week as inventories hit a four-decade low. Damage to the caverns would make it more difficult to respond to future energy emergencies, the experts said. The oil in…
Before 2008, new banks routinely entered the U.S. banking system by the dozens each year. Since 2010, they have appeared at a rate of fewer than six a year. From 1995 through 2007, the lowest annual number of new banks was 93, according to Federal Deposit Insurance Corp. data. From 2010 through 2024, only 86…
Key Points Apple’s shares fell after its latest earnings report due to poor guidance. The tech giant tends not to stay down too long following post-earnings dips. Apple’s business is rock-solid, and the stock can still deliver excellent returns over the long run. 10 stocks we like better than Apple › Apple (NASDAQ: AAPL) reported…
The UK housing market showed increased property stock for buyers in May 2026, while the rental sector experienced a further decline in available properties, according to data from Propertymark. The estate agency trade body’s Housing Insight Report reveals that prospective buyer registrations fell to an average of 64 per branch in May, down from 78…
The correlation between bonds and fuel prices was already creeping back into the picture yesterday. After the Treasury buyback announcement got all of the morning’s attention, fuel prices guided the ebbs and flows in the second half of the day. Now today, we’re fully back to regularly scheduled programming and there are only so many…
PITTSBURGH, Sept. 17, 2026 /PRNewswire/ — “I wanted to provide linesmen with a significantly improved grip-all stick for working from a lift bucket on an electric utility truck,” said an inventor, from Clifford, ON, Canada, “so I invented the ULTIMATE GRIP. My design would improve overall control, balance, and safety.” The patent-pending invention provides improved…