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Seagate Raised Guidance Above Estimates, and Its Stock Fell 8%

Seagate's second-quarter EPS guidance beat consensus by 7% but fell short of Rosenblatt's estimate. Western Digital fell on a similar report five days earlier; investors are watching how long drive price increases last.

Read the PieceTuesday, October 276 Min Read4 Companies

Companies in This PieceLast CloseOct 27

STXSeagate Technology Holdings PLC$667.85
WDCWestern Digital Corp$380.88
SNDKSanDisk Corporation$1,304.84

+1 More Company

Earlier Pieces

October 2026

52 Pieces

October 27 Close, Asia

SK Square7.67%
SK Hynix5.18%
SoftBank Group4.95%

Monday, October 266 Min Read

Anthropic Filed for Its IPO, and Asian Chip Stocks Rallied Overnight

Anthropic filed its S-1 with the SEC to list on Nasdaq under the ticker ANT. The next day the Kospi rose 3.09%, with buying in SK Hynix, SK Square, SoftBank and Tokyo Electron.

96 of 168 pieces

What Gets Covered: events still worth reading six months laterHow It Is Written: verified numbers, sources listedHow Often: not daily, only when something happens

Daily headlines and concept explainers live in their own sections:News Guide

Seagate Raised Guidance Above Estimates, and Its Stock Fell 8%

Earlier Pieces

October 2026

Anthropic Filed for Its IPO, and Asian Chip Stocks Rallied Overnight

Seagate Raised Guidance Above Estimates, and Its Stock Fell 8%

Earlier Pieces

October 2026

Anthropic Filed for Its IPO, and Asian Chip Stocks Rallied Overnight

Meta Plans to Sell Up to $95B of Stock, and Its Chip Suppliers Want In

SpaceX Raised $40B for AI Chips; Musk Says Rival AI Clouds Can't

SpaceX Seeks Half of U.S. Cell Towers, AT&T and T-Mobile Drop 8%

Houthis Targeted Saudi Aramco Sites, Brent Hit Its Highest Since April

Nvidia Says Its Chips Last Eight Years; Lenders Still Count Four

SK Hynix Drops Solidigm's Nasdaq IPO After Korean Regulators Object

Lam Research Flagged a Parts Shortage, and the Chip Index Fell 6.7%

SpaceX and Tesla Weigh a Merger; Musk's Public Support May Slow It

Meta's Capital Spending Topped Its Operating Cash, Yet the Stock Rose

Micron Lays Out Its 2027 Memory Plan and Rejects Rivals' Chip Design

Anthropic's Cloud Commitments Reach Seven Times Its Annual Revenue

Super Micro Beat Its Own Forecast by $4 Billion; SK Hynix Rose 5.8%

SpaceX Earned $4.4B, but Its Quarterly Spending Was Four Times That

3M Gives Amazon a Stock Warrant Tied to $6 Billion in Purchases

Anthropic Pledges 5% of Its Shares to a Fund That Grows With Its Value

Microsoft Exits Nscale's UK Data Center Weeks Before Its IPO

Trump Suspended a Russia Sanctions Law; China and India Escape Tariffs

MSCI Approved a Rule That Could Drop Bitcoin Holder Strategy

Chip Stocks Fell for Eight Days; Micron's Profit Is Still at a Record

Broadcom and Verizon Refused to Let Their Shares Trade on a Crypto Venue

Anthropic's Growth Slowed, and Investors Pushed for a Lower IPO Value

TSMC Posted Record Profit After Asian Chip Stocks Had Already Tumbled

Barclays Says Memory Prices, Not AI, Lifted Dell's Sales; Stock Fell 11%

Hot US Inflation Hit Stocks, and Debt-Funded CoreWeave Fell 15.5%

ASML Posts Record Sales, Says It Can't Meet Machine Demand Through 2028

JPMorgan Cut Buybacks by 84%, Steering Capital Into New Loans

Samsung and SK Hynix Stop Buying Their Own Shares; Kospi Falls 5.5%

Broadcom and Intel CEOs Say Capital, Not Chips, Now Limits AI Spending

Samsung and SK Hynix Fell 4%; China's CXMT Is Moving Into Server Memory

Nvidia Is in Talks to Buy Reflection AI, a Startup It Already Backs

US Clears Russian Diesel for Six Months; Russia Clears One Day's Supply

ASML Raises Spare-Part Prices 10%; Samsung and SK Hynix Agree

Apple Cuts iPhone 18 Pro Orders 15%; Memory Is Now a Third of Its Cost

SpaceX Bought Mobile Airwaves; AT&T and Verizon Fell the Most Since 2002

The US Halted Microsoft's Green Card Filings but Left H-1B Visas Alone

TSMC Beat Its Own Revenue Guidance, and Its US Shares Fell 3%

OpenAI's Revenue Came In $20B Below Reports, and Oracle Fell 5.6%

Samsung Posts a Record $80 Billion Profit, but Revenue Misses Forecasts

House Panel Calls Webull a China Risk but Orders No Ban

Marvell Targets Tenfold Revenue Growth by 2031, Lifting Broadcom

Seagate Reportedly Bids for TDK's Disk-Head Business; Shares Fall 9%

Microsoft and Meta Cut Claude Budgets; Anthropic's Chip Rent Holds

TSMC Weighs Joining Musk's Texas Chip Fab; Intel Falls 2.4%

Schneider Electric Agrees to Buy PTC for $22.6B, Its Shares Fall 8%

Trump Drops Diesel Export Ban Threat as G7 Opens Its Reserves

SEC Clears the First 3x Bitcoin Product, but Sales Have Not Started

Amazon Plans to Sell $8 Billion of Nvidia Chips and Rent Them Back

Traders Gave Up on an October Fed Hike, Not on a December One

Toshiba Plans to Double Hard-Drive Output; Seagate Falls 10%

Accenture Posts Record Bookings, and Capgemini and Cognizant Rise Too

Broadcom Will Lend Anthropic $42B to Rent Broadcom's Own Chips

September 2026

Micron Guided to Record Revenue, but Its Margin Forecast Fell Short

US Regulator Froze PJM's Data Center Power Auction for Five Months

Trump Signs Anthropic's Oversight Ask, Leaves Out the Slowdown

Nvidia Seeks Insurers to Back Loans Secured by Its Own Chips

Fannie and Freddie Put FICO's Rival on Equal Pricing; FICO Falls 27%

Anthropic Lost $42 Billion, but $34 Billion of It Was Non-Cash

Nvidia Record Buyback Is Seven Times Its Latest Quarterly Cash Flow

China Weighs Letting Alibaba Buy Nvidia Chips; Cambricon Falls 5.7%

SK Hynix Weighs a U.S. IPO Valuing Solidigm at Up to $150 Billion

US and China Announce $30 Billion Tariff Relief, but Not the Rates

Trump Rejects Iran's Hormuz Offer as Oil Markets Sit Closed

Trump Wants a Diesel Export Ban; His Energy Secretary Does Not

Akamai Wins an Anthropic Order 2.6 Times Its Annual Revenue

Oracle Warns Blue Owl It May Defer Payments if Its Data Center Is Late

US-China Trade Truce Extended to January, but Not Yet in Writing

US Growth Hits a Five-Year High; Bond Yields Hit a 19-Year High

Meta's Muse Agent Sank Schwab and Allstate 5% as Nasdaq Hit a Record

SoftBank's SB Energy Heads for an IPO With No Data Center Running

SoftBank Borrows a Record $11 Billion to Fund Its OpenAI Payment

Meta's Muse Agent Lifted Intel 12.5%, Nvidia Only 2.3%