Seagate stock soars 15% as AI storage boom fuels earnings beat
Seagate Technology delivered a strong set of third-quarter results that comfortably exceeded Wall Street expectations, sending its shares sharply higher in premarket trading and reinforcing investor confidence in the durability of artificial intelligence-driven demand for data storage. The hard-drive maker reported
Dow slips 90 pts as Fed decision, Big Tech earnings keep markets on edge
Wall Street opened in the red on Wednesday, as investors were cautious ahead of a pivotal Federal Reserve decision and a heavy slate of Big Tech earnings, while keeping a close eye on rising oil prices and geopolitical tensions. The S&P
SoFi stock drops 12% despite strong Q1 earnings as outlook disappoints
SoFi Technologies reported strong first-quarter results, with profit and revenue surpassing expectations, but its shares fell sharply after the company issued a slightly weaker-than-expected outlook for the current quarter. The financial services firm said it expects adjusted revenue growth of around
Equipment Theft Becomes a $13M Problem Driving IoT Asset Tracking Adoption
By Marc Kavinsky, Lead Editor at IoT Business News. Samsara’s 2026 State of Connected Operations research argues that equipment theft and loss is best understood as an operational cost problem—one it estimates at $13.2 million annually for large organizations without asset
Japan Trials Put Wi-Fi HaLow’s Long-Range IoT Claims to the Test
By Marc Kavinsky, Lead Editor at IoT Business News. The Wireless Broadband Alliance has published results from Wi‑Fi HaLow (IEEE 802.11ah) field trials in Japan, aiming to show how far sub‑GHz Wi‑Fi can stretch across smart city, campus, residential, and industrial
Bloom Energy stock surges as Murrey Math Lines points to a rally to $300
Bloom Energy share price popped by 20% on Wednesday as market participants cheered the strong earnings report. BE jumped to a record high of $271, up by 1,600% from its lowest level in 2025. This surge has turned it into
Yum Brands beats estimates as Taco Bell posts 8% sales growth
Yum Brands on Wednesday reported quarterly earnings and revenue that exceeded analysts’ expectations, supported by another strong performance from its Taco Bell division. The company posted adjusted earnings per share of $1.50, surpassing estimates of $1.38, according to a survey by
Rolls-Royce share price is crashing today: Here’s why April 30 will be key
Rolls-Royce share price slumped by nearly 2% today, April 29, as signs of a prolonged war between the US and Iran rose. It retreated to 1,113p, down sharply from the year-to-date high of 1,418p. The stock will be in the
Chevron braces for Q1 earnings and revenue decline
Chevron is bracing for a potential downturn, with Wall Street analysts broadly predicting a year-over-year decline in both earnings and revenue for the quarter ending March 2026. The oil giant's near-term stock performance, however, will hinge on whether its actual results
UK shares slip as earnings weigh ahead of central bank decisions
UK equities moved lower on Wednesday as investors assessed a mixed set of corporate earnings while shifting focus toward upcoming global central bank decisions, including the policy outlook from the Bank of England. The blue-chip FTSE 100 index slipped 0.7% by