JAN 28, 2026夜盘交易 20:00 - 04:00
ET 21:15

Corn Futures Decline 1-2¢ as Export Sales and Brazil Shipments Weigh

Corn futures fell 1-2 cents in front-month contracts on Tuesday, with March 2026 corn closing at $4.26½. The cash price dropped 1.5 cents to $3.90¾.
The USDA reported a private export sale of 110,000 MT of corn to unknown destinations, alongside 306,000 MT of sorghum. Brazil's ANEC estimates January corn exports at 3.39 MMT, below last year's 3.59 MMT, adding downward pressure.
Traders await Wednesday's EIA ethanol output data for the week ending January 23, with expectations of a decline. The combination of sluggish export demand and ample global supply continues to pressure prices.

Corn futures fell 1-2 cents in front-month contracts on Tuesday, with March 2026 corn closing at $4.26½. The cash price dropped 1.5 cents to $3.90¾.

The USDA reported a private export sale of 110,000 MT of corn to unknown destinations, alongside 306,000 MT of sorghum. Brazil's ANEC estimates January corn exports at 3.39 MMT, below last year's 3.59 MMT, adding downward pressure.

Traders await Wednesday's EIA ethanol output data for the week ending January 23, with expectations of a decline. The combination of sluggish export demand and ample global supply continues to pressure prices.

ET 21:15

Cattle Futures Decline on Weaker Beef Prices and Slaughter Data

Live cattle futures fell 35 to 60 cents on Tuesday, January 27, 2026, as cash trade remained inactive and wholesale beef prices weakened. The Choice/Select spread widened to $2.92, with Choice boxes down 79 cents to $368.11 and Select down $1.93 to $365.19.
USDA slaughter estimates totaled 112,000 head for the day, bringing the weekly total to 212,000 head—down 7,000 from last week and 24,878 below the same period last year. Feeder cattle futures closed mostly lower, down 5060 cents, though the soon-to-expire January contract gained 15 cents. The CME Feeder Cattle Index rose $1.16 to $364.73.

Live cattle futures fell 35 to 60 cents on Tuesday, January 27, 2026, as cash trade remained inactive and wholesale beef prices weakened. The Choice/Select spread widened to $2.92, with Choice boxes down 79 cents to $368.11 and Select down $1.93 to $365.19.

USDA slaughter estimates totaled 112,000 head for the day, bringing the weekly total to 212,000 head—down 7,000 from last week and 24,878 below the same period last year. Feeder cattle futures closed mostly lower, down 5060 cents, though the soon-to-expire January contract gained 15 cents. The CME Feeder Cattle Index rose $1.16 to $364.73.

ET 21:15

Australian Wine Exports Drop 8% to A$2.34B Amid Global Drinking Decline

Australian wine exports fell 8% to A$2.34 billion ($1.6 billion) in 2025, driven by reduced alcohol consumption globally and declining shipments to key markets including China and Britain, industry body Wine Australia reported on January 28, 2026.
Exports to China, Australia's most lucrative market, dropped 17% to A$755 million as Chinese wine demand shrunk to one-third of its size five years ago. Oversupply, trade barriers, and cost-of-living pressures contributed to the decline, with consumers cutting alcohol intake for health and budgetary reasons.
Despite a sales rebound in 2024 after China lifted tariffs, the broader trend of sobering consumers and market challenges continues to impact global wine exporters.

Australian wine exports fell 8% to A$2.34 billion ($1.6 billion) in 2025, driven by reduced alcohol consumption globally and declining shipments to key markets including China and Britain, industry body Wine Australia reported on January 28, 2026.

Exports to China, Australia's most lucrative market, dropped 17% to A$755 million as Chinese wine demand shrunk to one-third of its size five years ago. Oversupply, trade barriers, and cost-of-living pressures contributed to the decline, with consumers cutting alcohol intake for health and budgetary reasons.

Despite a sales rebound in 2024 after China lifted tariffs, the broader trend of sobering consumers and market challenges continues to impact global wine exporters.

ET 21:10
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Operational

Apple to Absorb Rising Memory Costs for iPhone 18, Maintain Pricing to Gain Market Share: Ming-Chi Kuo

Apple Inc. (AAPL-US) will absorb increased memory costs rather than raise prices for its iPhone 18 series in 2026, according to analyst Ming-Chi Kuo. The company aims to maintain market competitiveness and expand its share by keeping starting prices stable despite a 230% surge in memory costs since early 2025.
Apple has secured critical DRAM supply agreements through Q2 2026, with prices renegotiated quarterly rather than semi-annually. The company's services division provides financial flexibility to offset margin pressure from memory pricing, currently estimated at $70 per 12GB LPDDR5X module. This strategy may extend to Mac products, potentially eroding competitor market share in notebooks.

Apple Inc. (AAPL-US) will absorb increased memory costs rather than raise prices for its iPhone 18 series in 2026, according to analyst Ming-Chi Kuo. The company aims to maintain market competitiveness and expand its share by keeping starting prices stable despite a 230% surge in memory costs since early 2025.

Apple has secured critical DRAM supply agreements through Q2 2026, with prices renegotiated quarterly rather than semi-annually. The company's services division provides financial flexibility to offset margin pressure from memory pricing, currently estimated at $70 per 12GB LPDDR5X module. This strategy may extend to Mac products, potentially eroding competitor market share in notebooks.

ET 21:01
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Earnings

Trustmark Corp (TRMK) Q4 Profit Climbs 15.2%, Exceeds Analyst Estimates

Trustmark Corporation (NASDAQ: TRMK) reported a 15.2% rise in fourth-quarter net income to $42.1 million, surpassing analyst expectations. The Mississippi-based bank posted earnings per share of $0.65, exceeding the consensus estimate of $0.59.
Total revenue increased 8.7% year-over-year to $188.5 million, driven by higher net interest income and improved credit quality. The bank's provision for credit losses decreased significantly, reflecting stronger loan performance. Trustmark's results were released after market close on January 27, 2026.

Trustmark Corporation (NASDAQ: TRMK) reported a 15.2% rise in fourth-quarter net income to $42.1 million, surpassing analyst expectations. The Mississippi-based bank posted earnings per share of $0.65, exceeding the consensus estimate of $0.59.

Total revenue increased 8.7% year-over-year to $188.5 million, driven by higher net interest income and improved credit quality. The bank's provision for credit losses decreased significantly, reflecting stronger loan performance. Trustmark's results were released after market close on January 27, 2026.

ET 21:01
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Earnings

BXP Q4 FFO Falls 8.5% to $1.73/Share, Misses Estimates

Boston Properties (NYSE: BXP) reported Q4 2025 FFO of $1.73 per share on January 27, 2026, an 8.5% year-over-year decline and below analyst consensus of $1.78. The office REIT attributed the decrease to higher interest expenses and softening demand in certain urban markets.
Revenue for the quarter reached $828.7 million, slightly above expectations. The company provided 2026 FFO guidance of $7.02-$7.22 per share, reflecting continued pressure from elevated capital costs and variable occupancy trends across its Class A office portfolio.

Boston Properties (NYSE: BXP) reported Q4 2025 FFO of $1.73 per share on January 27, 2026, an 8.5% year-over-year decline and below analyst consensus of $1.78. The office REIT attributed the decrease to higher interest expenses and softening demand in certain urban markets.

Revenue for the quarter reached $828.7 million, slightly above expectations. The company provided 2026 FFO guidance of $7.02-$7.22 per share, reflecting continued pressure from elevated capital costs and variable occupancy trends across its Class A office portfolio.

ET 21:01
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Regulatory

SEC Fines Archer-Daniels-Midland $40 Million for Accounting Fraud

The U.S. Securities and Exchange Commission fined Archer-Daniels-Midland Co. (NYSE: ADM) $40 million on January 28, 2026, for accounting fraud violations. The agribusiness giant agreed to settle charges that it misrepresented earnings from its nutrition segment over multiple reporting periods.
ADM's former CFO was also charged for his role in the misconduct. The company has agreed to cease and desist from future violations but did not admit or deny the SEC's findings. This settlement follows an internal investigation ADM launched in January 2024 that delayed its quarterly earnings reporting.

The U.S. Securities and Exchange Commission fined Archer-Daniels-Midland Co. (NYSE: ADM) $40 million on January 28, 2026, for accounting fraud violations. The agribusiness giant agreed to settle charges that it misrepresented earnings from its nutrition segment over multiple reporting periods.

ADM's former CFO was also charged for his role in the misconduct. The company has agreed to cease and desist from future violations but did not admit or deny the SEC's findings. This settlement follows an internal investigation ADM launched in January 2024 that delayed its quarterly earnings reporting.

ET 21:01

Indonesian Stocks Set for Gains Wednesday Amid Positive Regional Momentum

The Indonesia Stock Exchange is poised to extend gains on Wednesday, January 28, 2026, following a positive lead from global markets and rising commodity prices. Analysts expect the benchmark Jakarta Composite Index to build on recent momentum.
Regional markets are trending higher, with strong performances in Asian equities overnight. Commodity-linked stocks may see particular strength as oil and palm oil prices show upward movement. The market closed higher in the previous session, with banking and resource sectors leading the advance.

The Indonesia Stock Exchange is poised to extend gains on Wednesday, January 28, 2026, following a positive lead from global markets and rising commodity prices. Analysts expect the benchmark Jakarta Composite Index to build on recent momentum.

Regional markets are trending higher, with strong performances in Asian equities overnight. Commodity-linked stocks may see particular strength as oil and palm oil prices show upward movement. The market closed higher in the previous session, with banking and resource sectors leading the advance.

ET 21:01
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Earnings

NextPower Inc. Reports Q3 Profit Growth Amid Strong Market Demand

NextPower Inc. (Ticker: NPWR) posted increased third-quarter earnings, driven by robust demand in the renewable energy sector. The company reported a net income of $45 million, up from $32 million in the same period last year.
Revenue climbed to $210 million, a 15% year-over-year increase, as the company expanded its solar and storage solutions portfolio. Management attributed the results to successful project deployments and favorable regulatory conditions supporting clean energy investments.

NextPower Inc. (Ticker: NPWR) posted increased third-quarter earnings, driven by robust demand in the renewable energy sector. The company reported a net income of $45 million, up from $32 million in the same period last year.

Revenue climbed to $210 million, a 15% year-over-year increase, as the company expanded its solar and storage solutions portfolio. Management attributed the results to successful project deployments and favorable regulatory conditions supporting clean energy investments.

ET 21:01
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Earnings

LG Display Posts Annual Profit After Two Years of Losses

LG Display Co Ltd (LPL) reported an annual operating profit of 131 billion won ($98 million) for fiscal year 2025, marking its first profitable year since 2022. The turnaround follows two consecutive years of losses driven by weak panel demand and inventory adjustments.
The South Korean display maker's fourth-quarter operating profit reached 131 billion won, reversing a 384 billion won loss from the same period last year. Quarterly revenue declined 16% to 5.9 trillion won. The company attributed improved performance to increased shipments of high-value OLED panels for televisions and stronger demand for IT displays.

LG Display Co Ltd (LPL) reported an annual operating profit of 131 billion won ($98 million) for fiscal year 2025, marking its first profitable year since 2022. The turnaround follows two consecutive years of losses driven by weak panel demand and inventory adjustments.

The South Korean display maker's fourth-quarter operating profit reached 131 billion won, reversing a 384 billion won loss from the same period last year. Quarterly revenue declined 16% to 5.9 trillion won. The company attributed improved performance to increased shipments of high-value OLED panels for televisions and stronger demand for IT displays.

ET 20:45
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Operational

X's UK Revenue Plummets 58% in 2024 Amid Advertiser Exodus

X Corp.'s UK operations reported a 58% revenue decline to $39.8 million in 2024, according to newly filed financial documents with UK regulators. The drop continues a catastrophic advertising exodus that began after Elon Musk acquired Twitter in October 2022, with UK revenue having already fallen 66% in 2023.
The company attributed the decline to reduced spending from major advertisers due to brand safety concerns and content moderation issues. Musk's controversial public statements and lawsuits against advertisers, including a November 2023 outburst telling fleeing advertisers to "go f--k yourself," have exacerbated the crisis. X's global ad revenue has collapsed from $4.5 billion in 2022 to an estimated $2 billion in 2024, while competitors like Instagram and Snapchat posted double-digit growth.

X Corp.'s UK operations reported a 58% revenue decline to $39.8 million in 2024, according to newly filed financial documents with UK regulators. The drop continues a catastrophic advertising exodus that began after Elon Musk acquired Twitter in October 2022, with UK revenue having already fallen 66% in 2023.

The company attributed the decline to reduced spending from major advertisers due to brand safety concerns and content moderation issues. Musk's controversial public statements and lawsuits against advertisers, including a November 2023 outburst telling fleeing advertisers to "go f--k yourself," have exacerbated the crisis. X's global ad revenue has collapsed from $4.5 billion in 2022 to an estimated $2 billion in 2024, while competitors like Instagram and Snapchat posted double-digit growth.

ET 20:45

Anthropic Raises 2026 Revenue Forecast to $55B, Projects $18B for 2024

AI startup Anthropic has increased its revenue projections, forecasting up to $18 billion in 2024 sales and $55 billion in 2025, according to a January 27 report by The Information. The revised outlook represents a 20% increase from previous 2025 estimates and suggests quadrupled revenue growth this year.
The unverified report indicates accelerated commercial adoption of Anthropic's AI models and enterprise products. The company, backed by Amazon and Google, competes directly with OpenAI in the rapidly expanding generative AI market.

AI startup Anthropic has increased its revenue projections, forecasting up to $18 billion in 2024 sales and $55 billion in 2025, according to a January 27 report by The Information. The revised outlook represents a 20% increase from previous 2025 estimates and suggests quadrupled revenue growth this year.

The unverified report indicates accelerated commercial adoption of Anthropic's AI models and enterprise products. The company, backed by Amazon and Google, competes directly with OpenAI in the rapidly expanding generative AI market.

ET 20:35

Oil Tanker Rates Hit 5-Year Highs as Sanctions and Rerouting Tighten Market

Oil supertanker rates surged to multi-year highs in early 2026, continuing 2025's 467% rally, as sanctions on Russia and Venezuela and longer shipping routes strained vessel supply. The Baltic Dirty Tanker Index jumped 30% in late 2025 and another 30% in January 2026, with VLCC rates exceeding $112,000 daily.
New U.S. authorization for Venezuelan oil trade requires legitimate tankers instead of shadow fleets, increasing demand for voyages to U.S., Asian, and European refiners. Traders Vitol and Trafigura are chartering additional vessels for longer-haul routes. Persistent Red Sea security concerns delay Suez Canal normalization, extending rerouting pressures. Fitch Ratings warns geopolitical volatility will continue supporting tanker earnings through increased tonne-miles.

Oil supertanker rates surged to multi-year highs in early 2026, continuing 2025's 467% rally, as sanctions on Russia and Venezuela and longer shipping routes strained vessel supply. The Baltic Dirty Tanker Index jumped 30% in late 2025 and another 30% in January 2026, with VLCC rates exceeding $112,000 daily.

New U.S. authorization for Venezuelan oil trade requires legitimate tankers instead of shadow fleets, increasing demand for voyages to U.S., Asian, and European refiners. Traders Vitol and Trafigura are chartering additional vessels for longer-haul routes. Persistent Red Sea security concerns delay Suez Canal normalization, extending rerouting pressures. Fitch Ratings warns geopolitical volatility will continue supporting tanker earnings through increased tonne-miles.

ET 20:35
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Earnings

Microsoft (MSFT) Options Signal 5% Post-Earnings Move Amid AI Spending Concerns

Microsoft Corp. (MSFT) is expected to see a roughly 5% stock move following its Q2 fiscal 2026 earnings report after market close on Wednesday, January 28, with options pricing suggesting potential swings between $459 and $502 from Tuesday's $481 close.
Analysts project revenue of $80.31 billion (up 15% YoY) and EPS of $3.87, with Intelligent Cloud revenue anticipated to jump 27% to $32.39 billion. Despite strong estimates, investor focus remains on AI infrastructure spending impacts and Azure growth projections. Shares have declined 11% since October's earnings, when record AI investments were announced.
Morgan Stanley maintains an Overweight rating with a $650 target, citing Azure growth alignment with expectations as data center capacity expands. Visible Alpha data shows 14 of 15 analysts rate MSFT a Buy, with a mean target of $615 representing nearly 30% upside.

Microsoft Corp. (MSFT) is expected to see a roughly 5% stock move following its Q2 fiscal 2026 earnings report after market close on Wednesday, January 28, with options pricing suggesting potential swings between $459 and $502 from Tuesday's $481 close.

Analysts project revenue of $80.31 billion (up 15% YoY) and EPS of $3.87, with Intelligent Cloud revenue anticipated to jump 27% to $32.39 billion. Despite strong estimates, investor focus remains on AI infrastructure spending impacts and Azure growth projections. Shares have declined 11% since October's earnings, when record AI investments were announced.

Morgan Stanley maintains an Overweight rating with a $650 target, citing Azure growth alignment with expectations as data center capacity expands. Visible Alpha data shows 14 of 15 analysts rate MSFT a Buy, with a mean target of $615 representing nearly 30% upside.

ET 20:35

Tether Launches USAT Stablecoin, Posing First Major Challenge to Circle's USDC

Tether has launched USAT, its first U.S.-regulated stablecoin targeting institutional investors, in partnership with Anchorage Digital and Cantor Fitzgerald. The move represents the most significant potential threat to Circle's USDC dominance in the U.S. regulated digital dollar market.
USAT enters a market where Circle's USDC, with a $72 billion market cap, has been the preferred choice for regulated entities. Analysts note Tether's institutional partnerships and potential access to its global USDT network could challenge USDC's position. The stablecoin market is shifting focus from size to regulatory positioning and institutional trust, with USAT's launch potentially altering the competitive landscape.

Tether has launched USAT, its first U.S.-regulated stablecoin targeting institutional investors, in partnership with Anchorage Digital and Cantor Fitzgerald. The move represents the most significant potential threat to Circle's USDC dominance in the U.S. regulated digital dollar market.

USAT enters a market where Circle's USDC, with a $72 billion market cap, has been the preferred choice for regulated entities. Analysts note Tether's institutional partnerships and potential access to its global USDT network could challenge USDC's position. The stablecoin market is shifting focus from size to regulatory positioning and institutional trust, with USAT's launch potentially altering the competitive landscape.

ET 20:35
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Operational

Amazon (AMZN) Sends Premature Layoff Email to AWS Employees Ahead of Planned Cuts

Amazon mistakenly notified AWS employees about impending layoffs on January 28, sending a commiseration email and meeting invitation hours before planned terminations. The premature communication referenced "Project Dawn" and incorrectly stated that U.S., Canada, and Costa Rica-based employees had already been informed of job losses.
The email, signed by AWS SVP Colleen Aubrey, was quickly canceled according to internal Slack channels viewed by Reuters. Amazon had not yet officially confirmed the layoff plan or notified impacted employees, despite reports of thousands of impending corporate job cuts. The company did not immediately respond to requests for comment on the communication error.

Amazon mistakenly notified AWS employees about impending layoffs on January 28, sending a commiseration email and meeting invitation hours before planned terminations. The premature communication referenced "Project Dawn" and incorrectly stated that U.S., Canada, and Costa Rica-based employees had already been informed of job losses.

The email, signed by AWS SVP Colleen Aubrey, was quickly canceled according to internal Slack channels viewed by Reuters. Amazon had not yet officially confirmed the layoff plan or notified impacted employees, despite reports of thousands of impending corporate job cuts. The company did not immediately respond to requests for comment on the communication error.

ET 20:31
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Earnings

CNB Financial Q4 Profit Rises, Exceeds Estimates

CNB Financial Corp. (CCNE) reported increased fourth-quarter profit that surpassed analyst expectations, according to results released on January 28, 2026.
The company posted net income of $15.4 million, or $0.72 per diluted share, compared to $13.8 million, or $0.65 per share, in the same quarter last year. Analysts had projected earnings of $0.68 per share. Total revenue reached $58.2 million, up from $54.6 million year-over-year, driven by growth in both net interest income and non-interest income.

CNB Financial Corp. (CCNE) reported increased fourth-quarter profit that surpassed analyst expectations, according to results released on January 28, 2026.

The company posted net income of $15.4 million, or $0.72 per diluted share, compared to $13.8 million, or $0.65 per share, in the same quarter last year. Analysts had projected earnings of $0.68 per share. Total revenue reached $58.2 million, up from $54.6 million year-over-year, driven by growth in both net interest income and non-interest income.

ET 20:12
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Earnings

GM Stock Surges 9% Despite $7.6B EV Write-Down on Strong Cash Flow and Buybacks

General Motors (GM) shares surged 9% on January 27, 2026, adding over $7 billion in market capitalization after reporting robust financial results overshadowing a $7.6 billion write-down on its electric vehicle business. The automaker reported $12.7 billion in adjusted EBIT for 2025, at the high end of guidance, and $10.6 billion in adjusted automotive free cash flow.
The EV charges, primarily from restructuring and asset impairments, include $4.6 billion in expected cash settlements mostly in 2026. GM's shareholder returns were highlighted by $6 billion in stock buybacks in 2025 and a 20% dividend increase to $0.18 per share. The company guided 2026 adjusted EBIT of $13 billion-$15 billion and free cash flow of $9 billion-$11 billion, emphasizing continued investment in profitable trucks, SUVs, and software services including OnStar and Super Cruise.

General Motors (GM) shares surged 9% on January 27, 2026, adding over $7 billion in market capitalization after reporting robust financial results overshadowing a $7.6 billion write-down on its electric vehicle business. The automaker reported $12.7 billion in adjusted EBIT for 2025, at the high end of guidance, and $10.6 billion in adjusted automotive free cash flow.

The EV charges, primarily from restructuring and asset impairments, include $4.6 billion in expected cash settlements mostly in 2026. GM's shareholder returns were highlighted by $6 billion in stock buybacks in 2025 and a 20% dividend increase to $0.18 per share. The company guided 2026 adjusted EBIT of $13 billion-$15 billion and free cash flow of $9 billion-$11 billion, emphasizing continued investment in profitable trucks, SUVs, and software services including OnStar and Super Cruise.

ET 20:01

Singapore Shares Set to Retreat Wednesday After Previous Session's Gains

Singapore stocks are poised to decline at Wednesday's open, potentially reversing gains from the previous trading session. The benchmark Straits Times Index closed higher on Tuesday amid regional momentum, but market sentiment appears to be shifting ahead of key economic data releases.
Traders are monitoring regional market movements and awaiting potential catalysts that could influence trading direction. The cautious outlook follows mixed performances across Asian markets and comes as investors assess global economic conditions.

Singapore stocks are poised to decline at Wednesday's open, potentially reversing gains from the previous trading session. The benchmark Straits Times Index closed higher on Tuesday amid regional momentum, but market sentiment appears to be shifting ahead of key economic data releases.

Traders are monitoring regional market movements and awaiting potential catalysts that could influence trading direction. The cautious outlook follows mixed performances across Asian markets and comes as investors assess global economic conditions.

ET 20:01
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Earnings

Seagate (STX) Surges 9% After-Hours on Strong AI-Driven Earnings and Outlook

Seagate Technology (STX) beat quarterly estimates and provided stronger-than-expected Q3 guidance, with shares jumping 9% in after-hours trading on Tuesday, January 27, 2026, as AI demand continues to fuel data storage needs.
The company reported Q2 revenue of $2.83B versus $2.73B expected and EPS of $3.11 compared to $2.79 forecast. For Q3, it projected revenue of $2.9B against a $2.79B estimate and EPS of $3.40 versus $3.01 consensus. CEO Dave Mosley highlighted growing demand for high-capacity, cost-effective storage solutions in AI-driven data centers.
Seagate, a major HDD manufacturer and competitor to Western Digital (WDC), has seen its stock rise 271% over the past 12 months. The storage industry is expected to see low double-digit growth in coming years as capacity shipments increase despite pricing pressure.

Seagate Technology (STX) beat quarterly estimates and provided stronger-than-expected Q3 guidance, with shares jumping 9% in after-hours trading on Tuesday, January 27, 2026, as AI demand continues to fuel data storage needs.

The company reported Q2 revenue of $2.83B versus $2.73B expected and EPS of $3.11 compared to $2.79 forecast. For Q3, it projected revenue of $2.9B against a $2.79B estimate and EPS of $3.40 versus $3.01 consensus. CEO Dave Mosley highlighted growing demand for high-capacity, cost-effective storage solutions in AI-driven data centers.

Seagate, a major HDD manufacturer and competitor to Western Digital (WDC), has seen its stock rise 271% over the past 12 months. The storage industry is expected to see low double-digit growth in coming years as capacity shipments increase despite pricing pressure.