SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

CoreWeave, Inc. engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, Peter Salanki, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.

CoreWeave Inc. - Ordinary Shares - Class A

CoreWeave Inc

CoreWeaves steep selloff has centered on concerns about its debt burden, distressed bond trading, and ability to finance its AI data-center expansion. Goldman Sachs Buy upgrade prompted hopes for a rebound, but traders debated whether the move could overcome financing risks, with bearish concerns about dilution or default competing with dip-buying and oversold-bounce calls.

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+, and TMTG News. It operates through the Media and Truth.Fi segments. The Media segment includes products and services such as advertisement through the Truth Social platform. The Truth.Fi segment relates to customized exchange-traded funds or exchange-traded products invested in America First principles, and bitcoin and similar cryptocurrencies or crypto-related securities. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

Trump Media & Technology Group Corp.

DJTs slide to fresh lows is drawing bearish discussion focused on doubts about Trump Medias business prospects, including repeated criticism of its limited product base and losses. Traders also connect the weakness to Trumps falling approval and midterm political risk, though the messages do not establish a single confirmed catalyst.

QXO, Inc. is a publicly traded distributor of roofing, waterproofing and complementary building products in the United States. It plans to become tech-enabled in the building products distribution industry and generate outsized value for shareholders. The company was founded on October 3, 2002, and is headquartered in Greenwich, CT.

QXO Inc.

QXOs continued slide to fresh lows is being tied to soft residential roofing demand, housing-sector pressure and analyst target cuts, with traders also pointing to high rates and suspected dilution. Many are frustrated by the decline and managements limited communication, while some long-term holders remain optimistic about the building-products roll-up and future integration gains.

Cerebras Systems, Inc. engages in the designing and provision of processors for artificial intelligence (AI) training and inference. Its products include inference, Wafer Scale Engine, AI supercomputers, AI model services, cloud, systems, and processors. The company was founded by Sean Lie, Andrew D. Feldman, Gary Lauterbach, Michael James, and Jean Philippe Fricker in 2015 and is headquartered in Sunnyvale, CA.

Cerebras Systems Inc - Ordinary Shares - Class A

Cerebras Systems Inc

CBRS is drawing attention amid a steep post-IPO selloff, with traders pointing to IPO lockup share releases and reported insider selling as potential sources of pressure, alongside concerns about valuation, growth, and reliance on OpenAI. Bears expect further downside, while some bulls view the decline as overdone and are averaging in.

Robinhood Markets, Inc is a financial services platform, which engages in the provision of retail brokerage and offers trading in U.S. listed stocks and Exchange Traded Funds, related options, and cryptocurrency trading, as well as cash management, which includes debit cards services. The company was founded by Vladimir Tenev and Baiju Prafulkumar Bhatt in 2013 and is headquartered in Menlo Park, CA.

Robinhood Markets Inc - Ordinary Shares - Class A

Robinhood Markets Inc

Robinhood shares are under pressure amid a sustained selloff, with analyst caution and valuation concerns ahead of earnings adding to traders worries; some also point to broader market weakness and crypto declines. The bearish mood and speculation about insider selling or unusual activity contrast with dip-buyers who see the decline as an opportunity.

Galaxy Digital, Inc. engages in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. It operates through the following segments: Digital Assets, Data Centers, and Treasury and Corporate. The digital assets segment offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. The Data Centers segment competes with a range of infrastructure providers that are building or repurposing facilities to support the rapidly growing demand for AI and compute-intensive workloads. The Treasury and Corporate segment includes the company’s proprietary trading and mining activities, as well as the company’s principal investments and related gains and losses. The company was founded by Michael Novogratz in 2018 and is headquartered in New York, NY.

Galaxy Digital Inc. - Ordinary Shares - Class A

Galaxys sharp selloff is being discussed alongside weakness in crypto and AI/data-center stocks, with traders especially worried about its reliance on CoreWeave as a major Helios tenant; fears about CoreWeaves financial health remain speculation. Many also blame managements perceived silence and delayed updates on additional tenants, while some view the decline as an opportunity ahead of earnings.

Coinbase Global, Inc. engages in the provision of a trusted platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a wide variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers primary financial account for the cryptoeconomy, institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. The company was founded by Brian Armstrong and Fred Ernest Ehrsam in May 2012 and is headquartered in New York, NY.

Coinbase Global Inc - Ordinary Shares - Class A

Coinbase Global Inc

COIN is drawing attention for volatile trading amid Bitcoin swings, crypto-market selling and liquidations, with traders frequently complaining that shares fall with Bitcoin but lag its rebounds. Some are buying the dip and looking toward the upcoming Q3 report, while others remain bearish after the stocks underperformance.

CorMedix, Inc. is a pharmaceutical and medical device company, which engages in the development and commercialization of therapeutic products for the prevention and treatment of diseases and conditions. The company was founded by Antony E. Pfaffle on July 28, 2006 and is headquartered in Berkeley Heights, NJ.

CorMedix Inc

The FDAs acceptance of CorMedixs REZZAYO supplemental application for priority review in invasive fungal-disease prevention is drawing attention, with traders focused on the potential label expansion and upcoming regulatory decision. Enthusiasm is tempered by frustration that the news has barely moved the share price and broader concerns about DefenCaths reimbursement and competition; acceptance does not guarantee approval.

Disc Medicine, Inc. is a clinical-stage biopharmaceutical company, which engages in the discovery, development, and commercialization of treatments for hematologic diseases. It assembles a portfolio of clinical and preclinical product candidates that aim to modify fundamental biological pathways associated with the formation and function of red blood cells, specifically heme biosynthesis and iron homeostasis. The company was founded in October 2017 and is headquartered in Watertown, MA.

Disc Medicine Inc

Disc Medicine shares surged after its Phase 3 APOLLO trial of bitopertin met both primary and all secondary endpoints in erythropoietic protoporphyria, strengthening the case for an FDA resubmission after an earlier rejection. Traders are weighing the positive results and potential short-covering against profit-taking, heavy selling, and the remaining regulatory uncertainty.

Cleveland-Cliffs, Inc. is a flat-rolled steel company, which engages in provision of iron ore pellets to the North American steel industry. It focuses on the production of metallic and coke, iron making, steelmaking, rolling and finishing, and downstream tubular components, stamping, and tooling. It operates through the Steelmaking and Other Businesses segments. The company was founded in 1847 and is headquartered in Cleveland, OH.

Cleveland-Cliffs Inc

Cleveland-Cliffs stronger-than-expected third-quarter results and upbeat longer-term earnings outlook are driving the rally. Bulls see improving steel pricing and potential short covering as support, while skeptics question whether the forecast can overcome the companys debt and whether the gains will hold.

statis crypto Watchlist

Bitcoin

Ethereum

Solana

Ripple

Dogecoin

Cardano

statis IN Watchlist

Nifty 50

Nifty Bank

Reliance Industries Ltd.

Zomato Ltd.

Tata Consultancy Services

Tata Motors Ltd.

HDFC Bank Ltd.

ITC Ltd.

Adani Enterprises Ltd

Axis Bank Ltd

Bajaj Finance Ltd

statis US Watchlist

SPDR S&P 500 ETF

Apple Inc.

Tesla Inc

Microsoft Corporation

NVIDIA Corp

 Hey, I want to invite you to join Stocktwits. It’s the largest global community of active traders. You’ll get access to the real-time market insights, news, discussion and much more! You can sign up using my unique link below 
 


 has invited you to join Stocktwits

$1000 Invested In Seagate Technology Hldgs 10 Years Ago Would Be Worth This Much Today

Seagate Technology Hldgs (NASDAQ:STX) has outperformed the market over the past 10 years by 20.35% on an annualized basis producing an average annual return of 34.0%. Currently, Seagate Technology Hldgs has a marketread more...

Western Digital Pre-Q1 Earnings: Buy the Stock Now or Wait for Results?

WDC expects Q1 fiscal 2027 revenue to jump 45% as AI and cloud storage demand accelerates, but will its earnings beat estimates?

WDC, STX Stocks Headed For Third Straight Weekly Loss — Wells Fargo Slashes Targets But Sees Opportunity

Equity

Wells Fargo remains bullish on both hard disk drive makers despite concerns over rising competition, AI spending, and the sustainability of industry pricing.

Can Seagate's 44TB Mozaic 4 Drives Lift Gross Margins Further?

STX's 44TB Mozaic 4 drives are fueling gross margin expansion as cloud demand, higher storage density and improved cost efficiency boost profitability prospects.

Can Silicon Motion Capitalize on Rising Demand for Smartphone Storage?

SIMO's NAND flash controllers and embedded storage technologies support faster data access, improved power efficiency and growing demand for AI-enabled smartphones.

Monday.com and Evercore have been highlighted as Zacks Bull and Bear of the Day

Monday.com's AI revenue is accelerating as enterprise adoption grows, while Evercore faces falling earnings estimates and rate pressures. Micron and Sandisk may offer buying opportunities amid the memory selloff.

Micron Gets Musk Boost: Buy the Stock on a Dip With ETFs?

Micron's strong results, tight memory supply, and Musk's praise boost its outlook. Explore four ETFs with significant MU exposure amid rising competition and rate risks.

Memory Stocks Extend Losses For Third Straight Day -- Rosenblatt Calls CXMT-Driven Sell-Off 'Overblown'

Chinese firm CXMT recently reported progress on a new memory-chip architecture designed to increase storage density and improve efficiency.

AI Memory Chip Selloff Looks Overblown: 2 Stocks to Buy on the Dip  

Micron and Sandisk emerge as attractive buy-the-dip opportunities despite the memory stock sell-off, backed by strong AI demand and long-term growth prospects.

Seagate Technology to Report Fiscal First Quarter 2027 Financial Results on October 27, 2026

Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, will report fiscal first quarter 2027 financial results after the US market closes on Tuesday, October 27, 2026. The investment community conference call to discuss these results will take place that...

Seagate Technology Holdings Plc operates as holding company that is engaged in the development, production, and distribution of data storage products and electronic data storage solutions. Its products include hard disk drives, solid state hybrid drives, solid state drives, peripheral component interconnect express cards, serial advanced technology attachment controllers, storage subsystems and computing solutions. The firm offers its products under the Backup Plus and Expansion product lines, and Maxtor and LaCie brands. The company was founded in 1978 and is headquartered in Fremont, CA.

Seagate Technology Holdings Plc

Neutral Sentiment

<ul class="summary-bullets"><li>Wells Fargo lowered Western Digital's price target to $450 and Seagate's to $865, while maintaining ‘Overweight’ ratings.</li><li>The firm sees an attractive risk-reward setup, with durable revenue growth of 25% to 30%-plus and a path to gross margins of 60% to 65%-plus.</li><li>Both stocks have faced heavy selling pressure amid concerns that Toshiba's planned production expansion could threaten the industry's pricing power.</li></ul>Western Digital Corp. (WDC) and Seagate Technology Holdings Plc (STX) are on track to end their third consecutive week in the red, but Wells Fargo sees an opportunity in the hard disk drive makers’ steep selloff, even as it slashed their price targets by as much as 38% on Friday.According to The Fly, Wells Fargo cut Western Digital's price target to $450 from $730 and Seagate's to $865 from $1,180, while maintaining 'Overweight' ratings on both stocks.Over the last five trading sessions, WDC shares have fallen around 10%, while STX has plunged nearly 12%. Yet, the analyst remains bullish on the industry's fundamentals.&nbsp;The recent underperformance has created an attractive risk-reward setup heading into September-quarter earnings, TheFly noted, citing Wells Fargo. The firm continues to see durable revenue growth of 25% to 30% or more and a path toward gross margins of 60% to 65% or higher.At the time of this writing, <a href="https://stocktwits.com/symbol/WDC">WDC stock</a> was down nearly 2%, while STX was also trading over 1% lower in Friday’s premarket session.<h2 class="st-heading-2">Why WDC, STX Have Plunged Lately</h2>Wells Fargo's outlook comes amid a sharp selloff in data-storage stocks and broader weakness in AI-linked stocks, as investors question the sustainability of infrastructure spending amid higher borrowing costs and increasing scrutiny of returns on AI investments. Earlier this month, both WDC and STX came under pressure on October 2 after Nikkei reported that Japanese rival Toshiba planned to double production capacity for hard drives used in artificial intelligence (AI) data centers by fiscal 2027.The reported expansion, backed by an investment of approximately $380 million, raised concerns that additional supply could weaken the pricing power and profit margins Western Digital and Seagate have enjoyed amid strong AI-driven storage demand.<h2 class="st-heading-2">What Last Earnings Report Shows</h2>The companies' latest financial results illustrate the growth underpinning Wells Fargo's outlook.In August, Western Digital reported fiscal fourth-quarter (Q4) revenue growth of 44% year over year to $3.75 billion, with adjusted gross margin reaching 54.4%.Meanwhile, in July, Seagate reported fiscal fourth-quarter (Q4) revenue of $3.63 billion, up approximately 48.5% year over year, while adjusted gross margin reached 52.7%.<h2 class="st-heading-2">What Comes Next?</h2>Western Digital is scheduled to report fiscal first-quarter 2027 results on October 22, followed by Seagate on October 27.Both companies previously guided for quarterly revenue of approximately $4.1 billion. Investors will be watching for updated demand visibility, customer commitments and gross-margin expectations to assess whether increasing competition threatens the industry's growth outlook.<h2 class="st-heading-2">What Retail Thinks About WDC and STX Stock</h2>On Stocktwits, retail investors’ sentiment around WDC stock remained in the ‘bearish’ zone, while <a href="https://stocktwits.com/symbol/STX">STX stock</a> sentiment was ‘neutral.’&nbsp; So far this year, WDC stock has rallied nearly 90%, while STX shares have climbed over 140%.&nbsp;By comparison, the <a href="https://stocktwits.com/symbol/SPY">State Street SPDR S&amp;P 500 ETF Trust (SPY)</a> and the <a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust, Series 1 (QQQ)</a>, which hold the stocks, have risen around 13% and 19%, respectively, during this period.See Also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/stocktwits-wall-street-wrap-crocs-liquidia-win-upgrades-while-space-x-competition-and-grocery-woes-put-ast-space-mobile-albertsons-under-pressure/cZx0UOFRBsI">Stocktwits Wall Street Wrap: Crocs, Liquidia Win Upgrades While SpaceX Competition And Grocery Woes Put AST SpaceMobile, Albertsons Under Pressure</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

A staff member at a computer parts shop displays memory modules. (Photo by VCG/VCG via Getty Images)

Western Digital Corp. (WDC) and Seagate Technology Holdings Plc (STX) are on track to end their third consecutive week in the red, but Wells Fargo sees an opportunity in the hard disk drive makers’ steep selloff, even as it slashed their price targets by 

Western Digital Corp.

$SNDK

$STX

$SKHY

Memory stocks have been one of the market's most volatile trades this year and are down sharply in recent weeks. Which are you most interested in buying or adding to on this pullback? Vote and explain your reasoning in the comments.

Which memory stock are you most tempted to buy on the pullback: $MU, $SNDK, $STX, or $SKHY? 
 
Drop a comment if you prefer $DRAM or another memory play.

Feed

News

Sentiment

Earnings

Fundamentals

Info

STX News