Track market-moving stories before they get noisy

Amentum Holdings (AMTM - Free Report) came out with quarterly earnings of $0.6 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +3.90%. A quarter ago, it was expected that this government services company would post earnings of $0.53 per share when it actually produced earnings of $0.54, delivering a surprise of +1.89%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Amentum, which belongs to the Zacks Engineering - R and D Services industry, posted revenues of $3.48 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.02%. This compares to year-ago revenues of $3.49 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Amentum shares have lost about 15.4% since the beginning of the year versus the S&P 500's gain of 8.1%.

What's Next for Amentum?While Amentum has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Amentum was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.62 on $3.61 billion in revenues for the coming quarter and $2.42 on $14.13 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Engineering - R and D Services is currently in the top 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Shimmick Corporation (SHIM - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on May 14.

This company is expected to post quarterly loss of $0.06 per share in its upcoming report, which represents a year-over-year change of +72.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Shimmick Corporation's revenues are expected to be $131.3 million, up 7.5% from the year-ago quarter.

Amentum Holdings, Inc. (AMTM) Q2 2026 Earnings Call Transcript

© Dogora Sun / Shutterstock.com

Pre-Market Stock Futures: Futures are trading mixed on Wednesday, after a rough day for technology stocks and the Nasdaq. The combination of the prospect of a longer struggle with Iran, and higher inflation, which soared to 3.8% annually, the highest since May 2023, while the core number, which is less food and energy, rose to 2.8%, all but assuring that the Federal Reserve will be forced to hold rates higher for longer. Despite outstanding first-quarter earnings results, which are all but over, the market is heavily overbought and likely could use a breather. The Russell 2000 was the big loser on Tuesday, closing down 0.93% at 2,844, while the aforementioned Nasdaq closed down 0.71% at 26,011. The S&P 500 finished at 7,400, down 0.16%, while the only index to finish higher was the Dow Jones Industrial Average, which finished the session at 49,760, up 0.11%.

Treasury Bonds: The minute the bond market got a whiff of the inflation numbers, the selling came in fast and furious. Savvy traders knew right away that the potential for rate cuts had likely been pushed out to the end of the year, if at all. When the dust settled on Tuesday, the yield on the 30-year-long Treasury bond had jumped to 5.03% while the benchmark 10-year note ended trading at 4.46%.

Oil and Gas: The energy complex saw prices shoot higher once again, as growing concerns over supply, the collapse of the peace negotiations, and an Iranian proposal that the President deemed as “stupid” all contributed to the ongoing melt-up. When trading closed, Brent Crude ended the session at $107.80, up 3.48%, while West Texas Intermediate was last seen up 4.37% at $102.40. Natural gas actually finished down 2.51% at $2.84. 

Gold: Gold also had a rough day after starting the week strong, but finished way off the lows of the day at $4,713, down 0.45%. ING’s energy strategist predicted that turbulence in precious metals will likely continue in the near term, but they expect gold to reach $5,000 by the end of the year. Silver, which has been on fire, took a breather but closed higher, up 0.66% at $86.64. 

Crypto: On Tuesday, the crypto markets pulled back broadly, with Bitcoin trading in the $80,000–$81,000 range and running into resistance at its 200-day exponential moving average. Ethereum, XRP, Cardano, and other altcoins were similarly under pressure as investors digested the unsettling inflation numbers. At 8 AM EDT, Bitcoin was trading at $80,640, while Ethereum was quoted at $2,305. 

24/7 Wall St. reviews dozens of analyst research reports daily to identify new investment ideas for both investors and traders. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock. 

Here are some of the top Wall Street analyst upgrades, downgrades, and initiations seen on Wednesday, May 13, 2026.  

Upgrades: Akamai Technologies (NASDAQ: AKAM | AKAM Price Prediction) was upgraded to Buy from Neutral at Bank of America, which boosted the target price for the shares to $175 from $130. Johnson & Johnson (NYSE: JNJ) was upgraded to Outperform from Market Perform at Leerink, which has a $265 target price for the legacy healthcare giant. MasTec (NYSE: MTZ) was raised to Buy from Neutral at Guggenheim, with a $480 target price. Venture Global (NYSE: VG) was upgraded to Buy from Neutral at Citigroup, which lifted the target price for the LNG giant to $17 from $12.  Zebra Technologies (NASDAQ: ZBRA) was upgraded to Overweight from Sector Weight at KeyBanc, with a $305 target price. Downgrades: Advanced Micro Devices (NASDAQ: AMD) was downgraded to Outperform from Buy at Daiwa, which lifted the target price for the chip leader to $500 from $250, citing valuation. MercadoLibre (NASDAQ: MELI) was cut to Neutral from Buy at Citigroup, which slashed the price target for the stock to $1,950from $2,200. Select Medical Holdings (NYSE: SEM) was downgraded to Neutral from Outperform at Miauho, which trimmed the target price for the stock to $16.50 from $17. Snap (NYSE: SNAP) was cut to Hold from Buy at Freedom Capital, without a target price. Under Armour (NYSE: UAA) was downgraded to Hold from Buy at Stifel, which cut the target price for the fallen sports apparel shares to $6 from $9. Initiations: Amentum Holdings (NYSE: AMTM) was assumed with an Equal Weight rating at Morgan Stanley, with a $30 target price. BIOAGE Labs (NASDAQ: BIOA) was initiated with a Buy rating at BTIG, which has set a $40 target price for the shares. HEICO (NYSE: HEI) was initiated with a Buy rating at Rothschild & Co Redburn, which has a $360 target price for the company. NRX Pharmaceuticals (NASDAQ: NRXP) was started with a Buy rating at Lucid Capital Markets, with a massive $49 target price. Sandisk (NASDAQ: SNDK) was started with a Buy rating at Singular Research, with a massive $2,590 target price objective. 

BERKELEY, Calif., May 27, 2026 (GLOBE NEWSWIRE) -- Deep Isolation Nuclear, Inc. (“Deep Isolation” or the “Company”), a leading innovator in nuclear waste disposal technology, today announced that it has reached more than 100 issued patents worldwide, marking a major milestone in the Company’s effort to develop safe, scalable and cost-effective solutions for the permanent disposal of spent nuclear fuel and high-level radioactive waste.

This achievement reflects Deep Isolation’s strategy to build an integrated intellectual property footprint that protects every stage of the nuclear waste disposal lifecycle. Collectively, the patent portfolio is designed to support an end-to-end disposal ecosystem, including repository architecture, advanced methods for geologic site characterization, canister and packaging systems, emplacement and retrieval technologies, and closure and repository monitoring systems.

“Our patent portfolio reflects a decade of scientific research, engineering development and operational planning focused on solving one of the nuclear industry’s most critical challenges,” said Rod Baltzer, CEO of Deep Isolation. “Surpassing 100 issued patents demonstrates the depth and breadth of our innovation strategy and reinforces our commitment to delivering practical disposal solutions.”

Deep Isolation’s patents support its directional drilling-based disposal technology, which is designed to isolate nuclear waste deep underground in horizontal, slanted, or vertical borehole repositories. The portfolio also includes technologies related to the Company’s Universal Canister System (UCS), a unique packaging platform engineered to support integrated storage, transportation and disposal for waste from advanced reactor and recycling technologies as well as spent nuclear fuel from the existing light water reactor fleet. Deep Isolation’s intellectual property includes patents and applications across major nuclear markets including North America, Europe and Asia.

The milestone comes as governments and advanced reactor developers increasingly prioritize long-term waste management strategies alongside nuclear deployment plans. As interest in nuclear energy continues to grow globally, Deep Isolation and its supply chain partners stand ready to support energy generators with IP embedded in a safe, scalable, licensing-ready disposal solution.  

“Deep Isolation has developed a comprehensive intellectual property portfolio in advanced nuclear waste management,” said Eric Knox, Vice President of Strategic Development at Amentum. “Their portfolio is supported by detailed engineering, prototyping, testing and supply-chain capabilities – which is why we are excited about working with other supply chain partners to deliver a full-scale, at-depth Commercial Pilot for Deep Isolation’s solution at Cameron, Texas.”

About Deep Isolation

Deep Isolation is the first company to undertake development of technologies for nuclear waste disposal in deep boreholes. When commercialized, Deep Isolation’s solution will offer a unique solution to help countries identify, plan for and complete the necessary steps to dispose of their nuclear waste inventories. With over 100 patents issued to date, Deep Isolation’s technology is being designed to leverage proven drilling practices to allow safe isolation of waste deep underground in horizontal, vertical, or slanted borehole repositories. Deep Isolation’s Universal Canister System was developed through a three-year project funded by the U.S. Department of Energy’s Advanced Research Projects Agency–Energy and is engineered to support integrated management of spent fuel and high-level radioactive waste from legacy and advanced reactors across storage, transportation, and eventual disposal. In January 2026, Deep Isolation launched a full-scale, at-depth deep borehole Commercialization Pilot for its solution at Cameron, Texas, in collaboration with the Deep Borehole Demonstration Center, Halliburton (NYSE: HAL), Amentum (NYSE: AMTM), NAC International, and Occlusion Nuclear Solutions.

For more information, visit: https://www.deepisolation.com

Media Contact:
Sophie McCallum
[email protected]

Investor Contact:
Caldwell Bailey
[email protected]

Forward-Looking Statements

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements regarding our plans, objectives and expectations for our business, the future growth of our business and the nuclear energy and nuclear waste disposal industries as a whole, and future benefits expected to arise from our strategic partnerships. In certain cases, forward-looking statements can be identified by the use of words and phrases or variations of words and phrases or statements such as “may,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “will,” “could,” “project,” “target,” “potential,” “continue” and similar expressions. Forward-looking statements are based on management’s belief and assumptions, including current expectations and projections about future events and trends, and on information currently available to management.

  Forward-looking statements in this or any other news release are subject to a number of risks, uncertainties, and assumptions that could cause actual results to be materially different from those expressed or implied by such forward-looking statements. Such risks, uncertainties, and assumptions are subject to a number of factors, including, among others: the failure of a market to develop for our deep borehole disposal solutions as quickly as we expect or at all; a failure of demand for our solution to develop sufficiently; regulatory and legal developments, including issues relating to obtaining regulatory approvals or permissions on the timelines we expect or at all; our lack of profitability; delays or failure in our initiative to complete a full-scale, at-depth demonstration of our Universal Canister System and our deep borehole solution; our failure to enter into contracts with customers or, once we do enter into contracts, to continue such contractual relationships or to receive new contract awards; our dependency on governmental contracts and awards and our ability to finalize negotiations on same; our failure to manage our growth effectively or to execute our business plan; our failure to sustain and expand relationships with governmental entities and strategic partners; a failure in the assumptions or analyses we have used in supporting forecasts or plans; our inability to commercialize our products at scale; the development or deployment of other technologies or solutions supplanting or competing with our technologies; challenges to our intellectual property; failures to protect, maintain, enforce, and enhance our intellectual property, and claims by others of intellectual property infringement; political and public perceptions of nuclear energy, including perceptions as to accidents or other high-profile events involving nuclear power facilities or radioactive materials; our liquidity and ability to raise capital; any inability to control operating and project costs and project delays or other project-related problems; security (including cybersecurity) breaches or disruptions; geopolitical, macroeconomic, domestic events or crises, including supply chain disruptions and other risks and uncertainties outside of our control; weather and effects of climate change; and litigation or legal proceedings that may be brought against us.

  The foregoing is not an exhaustive list of all the factors that may cause any forward-looking statements to prove inaccurate or our actual results to differ materially from our expectations and forecasts. Moreover, we operate in a highly regulated environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties, and assumptions, the future events and trends discussed in this release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements, and we cannot guarantee future results, performance, or achievements. Accordingly, readers should not place undue reliance on forward-looking statements. We undertake no obligation to update any forward-looking statements for any reason after the date of this release or to conform these statements to actual results or revised expectations, except as required by law.

  Additional information concerning the factors above and other factors will be found in the Company’s public filings with the Securities and Exchange Commission (the “SEC”), including the sections titled “Forward-Looking Statements” and “Risk Factors” in the Company’s Reports on Form 10-K and 10-Q for the fiscal year ended December 31, 2025 and the quarter ending March 31, 2026, respectively, as filed with the SEC, our Form S-1, originally filed August 18, 2025 and subsequently amended, our Proxy Statement for our 2026 Annual Meeting as filed on April 29, 2026, and in filings with the SEC that will be made in the future.

The Company’s SEC filings are available free of charge at

www.sec.gov or upon written request to Deep Isolation  at

[email protected] or

[email protected]. 

The U.S. Department of Energy (DOE) has selected Oklo Inc. (OKLO) and four other nuclear companies for advanced negotiations under the Surplus Plutonium Utilization Program. The program aims to convert surplus plutonium into fuel for next-generation reactors, creating a bridge fuel option that can accelerate deployment while new domestic enrichment and fabrication capacity comes online. This development highlights a new fuel pathway for advanced reactor developers and the important role of established operators at government-owned plutonium facilities.

Key Takeaways The DOE selected Oklo and four other companies to work on converting surplus plutonium into usable fuel for next-generation reactors. Companies that operate government-owned plutonium processing and handling facilities are well positioned to support these utilization programs. Many nuclear strategies are tilted to uranium mining and have only modest weightings to companies seeing opportunities around plutonium. Plutonium is a radioactive element historically produced for defense programs and stored by the government as a legacy of the Cold War. Rather than treating these surplus stockpiles as a long-term storage obligation, the DOE is now pursuing a ‘disposition-through-use’ approach. This converts the surplus material into fuel for next-generation reactors, effectively turning a long-standing liability into a practical, near-term fuel source.

The VettaFi Nuclear Renaissance Index (NUKZX) includes reactor developers, facility operators, and supply chain companies positioned to benefit from these plutonium utilization developments. NUKZX serves as the underlying index for the Range Nuclear Renaissance Index ETF (NUKZ).

Oklo & 4 Peers Selected for Plutonium-to-Fuel Pathways The Surplus Plutonium Utilization Program will provide up to 20 metric tons of surplus plutonium from past defense programs. Instead of treating the material as a long-term storage obligation, the DOE is making it available for conversion into reactor fuel, under strict security, safeguards, and accountability requirements. This disposition-through-use approach provides a practical near-term fuel bridge for advanced reactor designs that can utilize plutonium-based fuels.

Oklo was selected alongside Exodys Energy, SHINE Technologies, Standard Nuclear, and Flibe Energy. Oklo will leverage its partnership with European advanced reactor developer Newcleo. Under the partnership, Oklo will lead utilization efforts while Newcleo contributes fuel expertise and potential project capital, subject to final agreements. 

Fluor & Amentum Positioned Through Existing Facility Operations Successful execution of these plutonium-to-fuel efforts will rely on companies already operating key government-owned facilities that process and handle plutonium. At the Savannah River Site in South Carolina, Fluor (FLR) leads Savannah River Nuclear Solutions. This is the management and operations contractor responsible for safe oversight of nuclear materials and defense programs, including plutonium-related work and construction of the Savannah River Plutonium Processing Facility. 

Amentum (AMTM) participates through the Savannah River Mission Completion consortium, contributing to nuclear materials management, remediation, and mission execution at the site. These established operational roles give Fluor and Amentum direct experience with the secure handling infrastructure that can support expanded plutonium utilization programs.

NUKZX vs. Uranium-Heavy Approaches The program creates opportunities across engineering, site operations, component supply, and fuel-related services, rather than concentrating benefits solely in primary uranium production. Many nuclear indexes maintain heavy allocations to uranium mining companies that stand to benefit less directly if surplus plutonium becomes a scalable fuel source. 

In contrast, NUKZX includes a broader mix of reactor developers such as Oklo, engineering and construction firms like Fluor, service providers including Amentum, and component manufacturers such as BWX Technologies (BWXT) and Curtiss-Wright (CW). This diversified composition positions NUKZX to capture value from both fuel pathways and the supporting infrastructure required to execute them. 

To learn more about the merits of a diversified approach to nuclear and global tailwinds for nuclear power, watch the replay of our recent webcast, Investing as Nuclear Moves from Chalkboards to Construction Sites.

Related Research: Investing in X-energy Without the Pre-Revenue IPO Risk

Uranium Conversion Capacity Set for Major Expansion

Not All Nuclear Exposure Is Created Equally

Looking for nuclear insights in your inbox? Subscribe here to keep a pulse on nuclear investing through our weekly research.

For more news, information, and analysis, visit the Nuclear Energy Content Hub.

vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for NUKZ, for which it receives an index licensing fee. However, NUKZ is not issued, sponsored, endorsed, or sold by VettaFi. VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of NUKZ.

New York, New York--(Newsfile Corp. - June 2, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Futu Holdings Limited (NASDAQ: FUTU) resulting from allegations that Futu may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Futu securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: On May 22, 2026, Reuters published an article entitled "China to crack down on 'illegal' cross-border securities" The article stated that China "announced a major crackdown on cross-border investment on Friday and said it would punish ​brokers it accused of illegally moving money to foreign markets, sending their shares plunging." Further, "online brokers Tiger, Futu and Longbridge would be penalised for soliciting ‌business in China without an onshore licence, the securities regulator said."

On this news, Futu American Depositary Shares ("ADSs") fell 27.5% on May 22, 2026.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299894

Source: The Rosen Law Firm PA

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Rosen Law Firm Encourages Futu Holdings Limited Investors to Inquire About Securities Class Action Investigation - FUTU PR Newswire

NEW YORK, June 3, 2026

, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Futu Holdings Limited (NASDAQ: FUTU) resulting from allegations that Futu may have issued materially misleading business information to the investing public.

So What: If you purchased Futu securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

What is this about: On May 22, 2026, Reuters published an article entitled "China to crack down on 'illegal' cross-border securities" The article stated that China "announced a major crackdown on cross-border investment on Friday and said it would punish brokers it accused of illegally moving money to foreign markets, sending their shares plunging." Further, "online rokers Tiger, Futu and Longbridge would be penalised for soliciting ‌business in China without an onshore licence, the securities regulator said."

On this news, Futu American Depositary Shares ("ADSs") fell 27.5% on May 22, 2026.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

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SOURCE THE ROSEN LAW FIRM, P. A.

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, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

          The investigation concerns whether Futu and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

          On May 22, 2026, Reuters published an article entitled "China to crack down on 'illegal' cross-border securities." The article reported that China "would punish brokers it accused of illegally moving money to foreign markets[.]" The article further reported that online brokers, including Futu, "would be penalised for soliciting business in China without an onshore licence[.]" 

          On this news, the price of Futu American Depositary Shares ("ADSs") fell $34.10 per ADS, or 27.5%, to close at $89.76 per ADS on May 22, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

New York, New York--(Newsfile Corp. - June 5, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Futu Holdings Limited (NASDAQ: FUTU) resulting from allegations that Futu may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Futu securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: On May 22, 2026, Reuters published an article entitled "China to crack down on 'illegal' cross-border securities" The article stated that China "announced a major crackdown on cross-border investment on Friday and said it would punish ​brokers it accused of illegally moving money to foreign markets, sending their shares plunging." Further, "online brokers Tiger, Futu and Longbridge would be penalised for soliciting ‌business in China without an onshore licence, the securities regulator said."

On this news, Futu American Depositary Shares ("ADSs") fell 27.5% on May 22, 2026.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300389

Source: The Rosen Law Firm PA

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, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Futu Holdings Limited ("Futu" or "the Company") (NASDAQ: FUTU) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Futu revealed on May 22, 2026, that it had received a Notice of Investigation and Administrative Penalty Pre-Notification Letter from the China Securities Regulatory Commission and its Shenzhen bureau. According to the Notice of Investigation, the Company was engaged in securities trading, public fund sales, and futures trading without licenses or approval. Based on this news, shares of Futu fell by more than 27.5% on the same day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm 
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com

SOURCE The Schall Law Firm

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), is investigating claims on behalf of investors of Futu Holdings Limited (NasdaqGM: FUTU). Such investors are advised to contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit us at https://ksfcounsel.com/cases/futu-holdings-limited-nasdaqgm-futu/ to learn more.

The investigation concerns whether Futu and certain of its officers and/or directors have engaged in fraud, negligence or other unlawful business practices.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20260608373955/en/

NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Futu Holdings Limited (“Futu” or the “Company”) (NASDAQ: FUTU).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Futu and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On May 22, 2026, Reuters published an article entitled “China to crack down on ‘illegal’ cross-border securities.”  The article reported that China “would punish ​brokers it accused of illegally moving money to foreign markets[.]”  The article further reported that online brokers, including Futu, “would be penalised for soliciting business in China without an onshore licence[.]” 

On this news, the price of Futu American Depositary Shares (“ADSs”) fell $34.10 per ADS, or 27.5%, to close at $89.76 per ADS on May 22, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.   

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

Rosen Law Firm Encourages Futu Holdings Limited Investors to Inquire About Securities Class Action Investigation - FUTU PR Newswire

NEW YORK, June 9, 2026

, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Futu Holdings Limited (NASDAQ: FUTU) resulting from allegations that Futu may have issued materially misleading business information to the investing public.

So What: If you purchased Futu securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

What is this about: On May 22, 2026, Reuters published an article entitled "China to crack down on 'illegal' cross-border securities." The article stated that China "announced a major crackdown on cross-border investment on Friday and said it would punish brokers it accused of illegally moving money to foreign markets, sending their shares plunging." Further, "online rokers Tiger, Futu and Longbridge would be penalised for soliciting ‌business in China without an onshore licence, the securities regulator said."

On this news, Futu American Depositary Shares ("ADSs") fell 27.5% on May 22, 2026.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

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SOURCE THE ROSEN LAW FIRM, P. A.

NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors of its investigation on behalf of Futu Holdings Limited (“Futu” or the “Company”) (NASDAQ:FUTU) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws or other unlawful business practices.

[LEARN MORE ABOUT THE INVESTIGATION]

What Happened?

On May 22, 2026, Futu announced it had “received a Notice of Investigation and an Administrative Penalty Pre-Notification Letter from the China Securities Regulatory Commission and its Shenzhen bureau (collectively the “CSRC”) in connection with the Company’s operations in mainland China.” On this news, the price of Futu shares declined by $34.10 per share, or approximately 28%, from $123.86 per share on May 21, 2026 to close at $89.7 6 on May 22, 2026.

What Should I Do?

At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.

If you purchased or otherwise acquired Futu securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

[LEARN MORE ABOUT SECURITIES CLASS ACTIONS]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts
Kirby McInerney LLP
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
[email protected]

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.

In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.

However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.

Seagate (STX - Free Report) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank.

Research shows that stocks carrying the best growth features consistently beat the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.

While there are numerous reasons why the stock of this electronic storage maker is a great growth pick right now, we have highlighted three of the most important factors below:

Earnings GrowthArguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.

While the historical EPS growth rate for Seagate is 2.6%, investors should actually focus on the projected growth. The company's EPS is expected to grow 83.9% this year, crushing the industry average, which calls for EPS growth of 44.2%.

Impressive Asset Utilization RatioAsset utilization ratio -- also known as sales-to-total-assets (S/TA) ratio -- is often overlooked by investors, but it is an important indicator in growth investing. This metric shows how efficiently a firm is utilizing its assets to generate sales.

Right now, Seagate has an S/TA ratio of 1.29, which means that the company gets $1.29 in sales for each dollar in assets. Comparing this to the industry average of 0.68, it can be said that the company is more efficient.

In addition to efficiency in generating sales, sales growth plays an important role. And Seagate is well positioned from a sales growth perspective too. The company's sales are expected to grow 32.5% this year versus the industry average of 16.4%.

Promising Earnings Estimate RevisionsSuperiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

The current-year earnings estimates for Seagate have been revising upward. The Zacks Consensus Estimate for the current year has surged 16.2% over the past month.

Bottom LineWhile the overall earnings estimate revisions have made Seagate a Zacks Rank #1 stock, it has earned itself a Growth Score of A based on a number of factors, including the ones discussed above.

You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

This combination indicates that Seagate is a potential outperformer and a solid choice for growth investors.

Key Takeaways Seagate logged a record 47% non-GAAP gross margin in Q3 2026, up 480 bps sequentially.STX says Mozaic 4 HAMR can reach 44TB drives with minimal BOM changes, boosting mix-led costs.Seagate locked FY27 build-to-order deals; nearline capacity largely allocated through 2027 amid tight supply. Seagate Technology Holdings plc (STX - Free Report) has been sustaining strong gross margin expansion through a combination of disciplined pricing, improving product mix and the rapid adoption of its HAMR-based Mozaic platform. In the third quarter of fiscal 2026, Seagate reported a record non-GAAP gross margin of 47%, up 480 basis points (bps) sequentially and roughly 1,080 bps year over year. Revenues climbed 44% year over year to $3.1 billion. The company also generated nearly $1 billion in free cash flow, reflecting strong operational leverage and sustained demand from cloud and enterprise customers.

A major contributor to margin expansion has been Seagate’s transition toward higher-capacity HAMR drives. The company highlighted that Mozaic 4+, its second-generation HAMR platform, can deliver up to 44 terabytes per drive with minimal changes to bill of materials, allowing Seagate to increase storage density without significantly increasing manufacturing costs. Management emphasized that cost reductions are increasingly being driven by higher-capacity drive mix and technology efficiencies rather than factory utilization gains alone.

Seagate’s pricing strategy is also supporting profitability momentum. The company has finalized build-to-order agreements for fiscal 2027, locking in pricing, mix and volumes for a large portion of nearline capacity. Management noted that strong cloud demand, combined with tight supply conditions, continues to support favorable pricing trends. Executives added that profitability improvements are being driven by both pricing gains and the continued ramp of 40-terabyte HAMR drives.

Seagate expects the momentum to continue into fiscal 2027. The company guided for further sequential revenue and margin expansion, supported by rising AI-driven storage demand, increasing HAMR adoption and disciplined operational execution. With nearline capacity largely allocated through calendar 2027 and strong visibility into customer demand, Seagate appears well-positioned to sustain its gross margin expansion trajectory over the coming quarters.

For the fiscal fourth quarter, it expects revenues of $3.45 billion (+/- $100 million). At the midpoint, this indicates a 41% year-over-year improvement. At the midpoint of revenue guidance, non-GAAP operating margin is projected to increase in the low 40% range.

Taking a Look at STX’s Competitors’ Margin GrowthWestern Digital Corporation (WDC - Free Report) reported a non-GAAP gross margin of 50.5% for third-quarter fiscal 2026, up 1,040 bps year over year and 440 bps sequentially, above its guidance (47-48%). Strong gross margins were driven by a richer mix of higher-capacity drives, disciplined pricing and tight cost management. With strong demand, pricing and improved visibility across cloud, consumer and client segments, it expects revenues of $3.65 billion (+/- $100 million) in fourth-quarter fiscal 2026, implying about 40% year-over-year growth at the midpoint. The company expects non-GAAP gross margin in the range of 51-52%.

Micron Technology (MU - Free Report) posted a non-GAAP gross profit of $7.75 billion for the fiscal second quarter, up 486% year over year and 131% sequentially. The fiscal second-quarter non-GAAP gross margin of 74.9% improved from the year-ago quarter’s 37.9% and the previous quarter’s 56.8%. The non-GAAP operating margin came in at 69%. Micron Technology posted a non-GAAP operating margin of 47% for the previous quarter, and it had a non-GAAP operating margin of 24.9% in the year-ago quarter. For the third quarter of fiscal 2026. The company anticipates revenues of $35.5 billion (+/-$750 million). For the quarter, Micron Technology projects a non-GAAP gross margin of approximately 81%.

STX’s Price Performance, Valuation & EstimatesIn the past year, STX shares have skyrocketed 628%, outperforming the Computer Integrated Systems industry’s growth of 220.7%.

Image Source: Zacks Investment Research

In terms of forward price/earnings, STX’s shares are trading at 33.36X, higher than the industry’s 16.04X.

Image Source: Zacks Investment Research

STX is currently witnessing an uptrend in estimate revisions. Earnings estimates for fiscal 2026 have increased 15.6% to $14.89 over the past 60 days, while the same for fiscal 2027 has gone up 34.9% to $26.34.

Image Source: Zacks Investment Research

STX currently boasts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Seagate (STX - Free Report) , which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Seagate currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for STX that show why this electronic storage maker shows promise as a solid momentum pick.

Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.

For STX, shares are up 2.17% over the past week while the Zacks Computer - Integrated Systems industry is up 5.16% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 38.63% compares favorably with the industry's 9.42% performance as well.

Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Over the past quarter, shares of Seagate have risen 99.28%, and are up 620.89% in the last year. On the other hand, the S&P 500 has only moved 8.44% and 29.27%, respectively.

Investors should also pay attention to STX's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. STX is currently averaging 4,796,557 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with STX.

Over the past two months, 6 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost STX's consensus estimate, increasing from $12.88 to $14.89 in the past 60 days. Looking at the next fiscal year, 6 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineGiven these factors, it shouldn't be surprising that STX is a #1 (Strong Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Seagate on your short list.

Memory stocks are red-hot right now, led by juggernauts like Sandisk (SNDK 0.04%), Western Digital (WDC 5.34%), Seagate Technology (STX 3.44%), and Micron Technology (MU 3.81%), which are racking up triple-digit year-to-date returns.

Two months ago, a new exchange-traded fund (ETF) was launched to tap into the incredible growth from this industry: the Roundhill Memory ETF (DRAM 3.68%). Investors have certainly taken notice, as the ETF has already amassed $10 billion in assets since its April 2 launch, making it one of the fastest-growing new ETFs ever.

The Roundhill Memory ETF is actively managed, focusing on memory and storage chip companies from around the world, not just the U.S.

Image source: Getty Images.

"Memory is a critical bottleneck of the AI [artificial intelligence] revolution, supported by a secular shift toward data-intensive applications and sustained demand growth," the ETF fact sheet states. "DRAM provides investors with global exposure to a targeted basket of leading memory producers, positioned at the center of AI-driven demand for faster, more efficient data processing and storage."

Roundhill promotes the DRAM fund as the first pure-play ETF that focuses exclusively on memory chip stocks. But investors should be aware that this popular new ETF is riskier than most.

Up 90% since it launched The Roundhill Memory ETF has only been around for about seven weeks, and already it has generated a 90% return, surging to about $52.82 per share as of May 25.

When you look at the ETFʻs top holdings, you can see why. Along with the memory stocks mentioned above -- Micron, Sandisk, Western Digital, Seagate -- the portfolio also includes major Korean chipmakers SK Hynix and Samsung Electronics, along with Kioxia from Japan, among others.

Today's Change

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There are only about 12 to 15 holdings in the portfolio, so it is highly concentrated.

There are certainly some red flags. The narrow focus of Roundhill Memory ETF on not just semiconductors, but a subset within the space, should elicit caution. These stocks will all move in tandem, and right now they are moving aggressively higher. But that won't always be the case.

Another red flag is that roughly 74% of the portfolio is concentrated in the top three holdings -- SK Hynix, Micron, and Samsung. That's an extremely top-heavy portfolio concentrated in three similar stocks, which makes the portfolio much riskier than the typical diversified ETF -- even a typical semiconductor ETF.

A third caution flag is the use of swap agreements and derivatives to amplify its gains, including a roughly 9% swap agreement in Micron. These derivatives generally carry higher risks than direct investments in a security, so while they may juice returns during a rally, they may increase declines during a downturn.

Highly concentrated and risky The good news is that there is a memory stock supercycle right now, where demand is outpacing supply due to the need for storage and memory for the massive AI computing infrastructure being built. That is driving the huge flows. But it will eventually peak, and there will be troughs, and this ETF will go in the other direction, perhaps aggressively so.

So, while this ETF will produce strong returns with its focus on this growth industry within the AI revolution when markets are up, it will not be without volatility. It helps that it is actively managed, so managers can make adjustments as needed. But it is highly concentrated in a specific area, so there's not going to be much diversification.

So while it is certainly not too late to invest in this ETF, investors should certainly make sure that the allocation to this concentrated, aggressive growth ETF is relatively small in a well-diversified portfolio.

Key Takeaways Seagate posted 44% revenue growth as AI demand and HAMR adoption boosted margins and cash flow.STX expects Mozaic HAMR drives to drive scalable growth with up to 50TB capacity by 2027.NetApp faces cautious IT spending and cloud competition despite hybrid cloud and AI momentum. The explosion of AI, cloud computing and enterprise data analytics has transformed data infrastructure into one of the most evolving technology themes of today. Companies are generating, storing and processing unprecedented amounts of information, creating long-term demand for storage hardware, hybrid cloud platforms and intelligent data management solutions. Two notable players benefiting from this trend are Seagate Technology Holdings plc (STX - Free Report) and NetApp, Inc. (NTAP - Free Report) .

Both benefit from growing enterprise demand for data storage and management solutions, serving customers navigating AI, cloud and digital transformation trends. Seagate is primarily a storage hardware company best known for its HDDs. The company benefits from the ongoing growth of cloud storage demand, particularly among hyperscalers building AI infrastructure. NetApp, by contrast, focuses on intelligent data infrastructure software and enterprise storage systems. It helps enterprises manage data across on-premise environments and public clouds through hybrid cloud solutions, all-flash storage arrays and AI-ready data services.

In simple terms, Seagate sells the “capacity” needed to store massive amounts of data, while NetApp sells the “intelligence” needed to manage, optimize and secure that data. This distinction is critical because software-centric infrastructure companies often command higher margins and more recurring revenue than hardware-focused businesses.

While both companies operate in the broader data management ecosystem, their business models, growth drivers and investment profiles differ significantly. For investors seeking exposure to the AI and data infrastructure boom, the question becomes: which stock offers the better investment opportunity? Let’s find out.

The Case for STXSeagate delivered a strong March quarter, highlighting resilient demand and strong operating leverage. Revenue rose 44% year over year, gross margin reached a record level, non-GAAP operating income more than doubled and free cash flow approached $1 billion — among the company’s highest ever. Momentum also continued to build for its Mozaic HAMR platform, with two of the world’s largest cloud service providers qualifying Seagate’s 4+ terabyte-per-disk products. Qualification timelines matched those of PMR products, reflecting the platform’s maturity and Seagate’s execution as it works to meet the accelerating demand of its customers.

Seagate’s strategy is built on three key pillars. First, rising storage demand remains durable as AI-driven applications accelerate data creation, expand data retention and increase reliance on historical datasets. These trends are driving the need for cost- and energy-efficient high-capacity storage, making hard drives increasingly critical to modern data centers. Second, its technology roadmap, led by its Mozaic HAMR platform, is delivering key innovations to support growing customer demand both now and over the long term. Third, the company’s disciplined strategy is helping convert demand into profitable growth. Its build-to-order model improves demand visibility and pricing discipline, while the HAMR-based product roadmap is expected to support further margin expansion as adoption scales.

Per management, Seagate is entering a “new era of structural growth,” driven by AI-led demand, rising adoption of Mozaic products and disciplined execution focused on margins, cash flow and long-term value creation. While SSDs dominate high-speed workloads, HDDs remain far more cost-effective for bulk storage, making them essential for hyperscale AI data centers. STX’s strategy emphasizes increasing areal density rather than unit volumes, enabling a more capital-efficient path to scale while enhancing cost and power efficiency per terabyte.

This supports its goal of mid-20% exabyte growth. Its second-generation Mozaic 4+ HAMR platform delivers up to 44TB per drive—more than 30% higher capacity than earlier versions—while requiring minimal material changes and leveraging advanced laser and photonics technology for scalable manufacturing.  Following initial shipments in March, Mozaic 4 is expected to comprise the majority of HAMR exabyte shipments by the end of 2026. Mozaic 5 remains on track for late-2027 qualification with up to 50TB capacity, providing customers with a clear upgrade path within existing power and space constraints. As HAMR production expands beyond hyperscale customers into enterprise and edge markets, it anticipates additional cost and operational efficiencies over time.

Image Source: Zacks Investment Research

Seagate’s capital allocation strategy allows the company to use its earnings growth and strong cash flow generation to further strengthen the balance sheet while increasing long-term shareholder returns. In the third quarter of fiscal 2026, STX generated $1.1 billion in operating cash flow and $953 million in free cash flow. The company retired about $641 million in debt and $191 million to shareholders through dividends and buybacks, while also declaring a quarterly dividend of 74 cents per share. It expects free cash flow to improve through the rest of 2026, supported by steady demand, operational efficiency and disciplined spending. Fiscal 2026 capex is expected to remain within its 4–6% of revenue target range as the company continues scaling HAMR technology.

Nonetheless, Seagate’s growth historically has been cyclical. Revenue and earnings often fluctuate depending on PC demand, enterprise spending cycles and storage pricing trends. While AI demand could reduce some cyclicality, the business remains heavily tied to hardware spending patterns. It operates in a highly competitive hardware market where pricing pressure and component costs can negatively impact margins. In addition, Seagate carries a sizable debt load, with $3.86 billion in long-term debt versus $1.15 billion in cash as of April 2026, reflecting its acquisition- and investment-driven growth strategy.

The Case for NTAPSlower enterprise IT spending, intense competition from cloud-native providers and execution challenges tied to its ongoing cloud transformation strategy are hurting NTAP’s prospects. Continued investments in cloud and AI initiatives could also pressure margins in the near term.

Management continues to see cautious customer spending amid an uncertain global macroeconomic environment. The U.S. public sector remained a headwind earlier in the fiscal year, with demand hurt significantly in the second quarter due to a government shutdown. Conditions improved somewhat in the third quarter, but the segment only performed in line with the company’s lowered expectations and has yet to fully recover. While management sees early signs of improvement heading into the fourth quarter, it believes it is still too soon to call for a sustained rebound in U.S. public sector demand.

NetApp continues to acquire a large number of companies. While this improves revenue opportunities, the move increases integration risks. Large acquisitions have negatively impacted the balance sheet in the form of high levels of goodwill and net intangible assets, which totaled $2.78 billion or 27.9% of total assets as of Jan. 23, 2026. Furthermore, NetApp faces stiff competition from bellwethers such as HP, Dell, IBM and Oracle. NetApp’s competitors are revamping their product lines with faster and more efficient products.

Image Source: Zacks Investment Research

However, recent quarterly results showed strong momentum in all-flash array revenue and cloud storage services, highlighting growing enterprise demand for hybrid cloud and AI-ready infrastructure. Unlike Seagate, NetApp benefits from more recurring software and subscription revenue streams. This improves visibility and reduces earnings volatility. The company is also benefiting from enterprise AI adoption, where organizations need intelligent ways to organize, access and secure massive datasets used for AI workloads.

NetApp also returns capital through dividends and repurchases, though its yield is generally lower than Seagate’s. The company returned $303 million to its shareholders as dividend payouts and share repurchases in the fiscal third quarter. NetApp returned $200 million to its shareholders through share repurchases and distributed $103 million in dividends. The company returned $1.57 billion to its shareholders as dividend payouts and share repurchases in fiscal 2025. 

Share Price Performance for STX & NTAPOver the past year, STX has registered gains of 620.8% while NTAP rose 39.4%.

Image Source: Zacks Investment Research

Valuation ComparisonGoing by the price/earnings ratio, NTAP’s shares currently trade at 19.32 forward earnings, compared with 34.59 for STX.

Image Source: Zacks Investment Research

From a value perspective, NTAP may appear cheaper on traditional metrics such as price-to-earnings ratios. However, cheaper does not always mean better. Investors must consider the quality and sustainability of future growth.

How Do Zacks Estimates Compare for STX & NTAP?STX is currently witnessing an uptrend in estimate revisions. Earnings estimates for fiscal 2026 have increased 15.6% to $14.89 over the past 60 days, while the same for fiscal 2027 has gone up 34.9% to $26.34.

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The Zacks Consensus Estimate for NTAP’s earnings remains unaltered over the past 60 days.

Image Source: Zacks Investment Research

STX or NTAP: Which Stock is the Better Investment?Seagate’s investment thesis increasingly revolves around AI-driven storage demand. HDDs remain significantly cheaper than solid-state drives for bulk storage, making Seagate an important supplier for hyperscale cloud providers. The company is also pushing advanced HAMR technology, which allows much higher storage densities. This innovation could support long-term capacity growth and improve Seagate’s competitive positioning. Software and subscription-heavy businesses generally produce stronger operating margins than hardware manufacturers. NetApp’s transition toward software-defined infrastructure and cloud services has steadily improved its earnings profile.

Seagate, meanwhile, operates in a highly competitive hardware market where pricing pressure and component costs can significantly affect margins. That said, Seagate is known for strong cash flow generation during upcycles. The company has historically returned substantial capital to shareholders through dividends and buybacks. Seagate continues to offer encouraging shareholder returns, appealing to income-oriented investors. It also remains attractive to value and income investors, particularly if AI-driven storage demand accelerates faster than expected. 

STX at present sports a Zacks Rank #1 (Strong Buy), while NTAP has a Zacks Rank #4 (Sell). Consequently, in terms of Zacks Rank, STX seems to be a better pick. You can see the complete list of today’s Zacks #1 Rank stocks here.

I am reiterating Seagate with a strong buy because my original thesis has not changed. It has improved. I argued that HAMR would change STX's earnings power. That view is being confirmed by Mozaic 4+ qualifications, stronger hyperscale demand, and record margin performance. The main growth drivers are nearline capacity allocation through CY27, Mozaic 4+ becoming a larger part of HAMR exabyte shipments, and AI-driven data center storage demand.

A month has gone by since the last earnings report for Seagate (STX - Free Report) . Shares have added about 35.3% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Seagate due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.

Seagate's Q3 Earnings Beat EstimatesSeagate reported third-quarter fiscal 2026 non-GAAP earnings of $4.10 per share, beating the Zacks Consensus Estimate of $3.50 and exceeding the high end of management’s guidance of $3.40 (+/- 20 cents).

The bottom line expanded 115% year over year and 32% sequentially on the back of the strong execution of its strategic objectives and effective use of the technology roadmap to support growing demand.

Non-GAAP revenues of $3.11 billion exceeded the Zacks Consensus Estimate by 5.7%. Revenues also surpassed the high end of guidance, increasing 44% year over year.

It is operating in a very strong demand environment, especially in data center markets. Management noted that the shift toward inference-driven workloads, agentic AI and multimodal applications is leading to exponential growth in data creation and storage needs.

The March quarter witnessed steady growth in high-capacity nearline drive demand across global cloud and hyperscaler customers. Nearline products accounted for roughly 90% of total exabyte shipments, with capacity largely allocated through calendar 2027.

Modern data centers increasingly need solutions that balance performance with cost efficiency, a trend that strongly favors Seagate’s roadmap. The company’s areal-density-driven strategy aligns well with the long-term growth of AI-generated data, suggesting sustained demand beyond short-term cycles. 

The company’s HAMR (Heat-Assisted Magnetic Recording) technology and Mozaic platform remain central to its long-term growth strategy. It began revenue shipments of Mozaic 4 in late March, which can deliver up to 44 terabytes per drive, representing more than 30% higher capacity compared with the first-generation drives. Seagate noted that Mozaic 4+ is projected to constitute the majority of its HAMR exabyte shipments exiting calendar 2026. With the development of Mozaic 5 underway, it targets to commence qualification shipments of the same in late calendar 2027.

Revenues by End MarketBeginning first-quarter fiscal 2026, it reports revenues across two key markets — Data Center, encompassing nearline products and systems sold to cloud, enterprise and VIA customers, and Edge IoT, covering consumer and client-focused segments, including network-attached storage.

The data center segment accounted for 80% of total revenues, at $2.5 billion, representing a 12% sequential increase and 55% year-over-year growth. The uptick is driven by continued strong demand from global cloud customers and sequential improvement across enterprise OEM markets.

The edge IoT segment accounted for the remaining 20% of revenues, at $612 million, up 12% year over year and 2% sequentially. Higher supply and NAND prices, particularly in the client and consumer markets, offset the typical seasonal slowdown in March.

Exabyte Shipments in DetailIn the reported quarter, Seagate shipped 199 exabytes of HDD storage, up 39% year over year and 5% sequentially. The data center market accounted for 88% of shipments, driven by sustained demand from cloud and enterprise clients.

The company shipped 175 exabytes to data center customers, up 6% sequentially and 47% year over year.

Margin DetailsNon-GAAP gross margin reached a record 47%, rising about 480 basis points (bps) quarter over quarter and roughly 1,080 bps year over year, driven by favorable product mix and continued pricing initiatives.

Non-GAAP operating expenses were $296 million, up 8% year over year.

Non-GAAP income from operations totaled $1.2 billion, up from $507 million a year ago. Non-GAAP operating margin increased to 37.5% from 23.5% year over year.

Non-GAAP adjusted EBITDA totaled $1.2 billion, which more than doubled from the prior-year quarter.

Balance Sheet and Cash FlowAs of April 3, 2026, cash and cash equivalents were $1.146 billion compared with $1.046 billion as of Jan. 2.

Long-term debt (including the current portion) was $3.86 billion as of April 3, 2026, compared with $4.5 billion as of Jan. 2.

Cash flow from operations was $1.1 billion compared with $723 million in the previous quarter. Free cash flow amounted to $953 million, up 57% sequentially, being the highest level in a decade, as highlighted by Seagate. 

In the March quarter, it returned $191 million to its shareholders via dividends. It retired $641 million in debt, including exchangeable senior notes (using cash on hand) worth $600 million due 2028, reducing potential dilution and preserving cash flexibility for future share repurchases.

Strong Fiscal Q4 Business OutlookIt does not expect any material impact on its business amid ongoing geopolitical tensions, including in the Middle East. For the fiscal fourth quarter, it expects revenues of $3.45 billion (+/- $100 million). At the midpoint, this indicates a 41% year-over-year improvement.

Non-GAAP earnings are expected to be $5.00 per share (+/- 20 cents). For the quarter, non-GAAP operating expenses are expected to be around $295 million. At the midpoint of revenue guidance, non-GAAP operating margin is projected to increase in the low 40% range.

Management also revised its long-term revenue outlook, now targeting a minimum of 20% annual revenue growth over the next few years, up from prior expectations of low to mid-teens growth.

It expects free cash flow ("FCF") generation to improve through the remaining quarter in calendar 2026.  Sustained demand, operational efficiencies and capital discipline are likely to support FCF growth.

The company will maintain capital discipline while continuing the transition and ramp-up of HAMR technology, with fiscal 2026 capital spending expected to remain within its target range of 4-6% of revenues.

How Have Estimates Been Moving Since Then?It turns out, estimates review have trended upward during the past month.

The consensus estimate has shifted 36.13% due to these changes.

VGM ScoresAt this time, Seagate has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. Following the exact same course, the stock was allocated a grade of F on the value side, putting it in the fifth quintile for value investors.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Seagate has a Zacks Rank #1 (Strong Buy). We expect an above average return from the stock in the next few months.

Performance of an Industry PlayerSeagate is part of the Zacks Computer - Integrated Systems industry. Over the past month, IBM (IBM - Free Report) , a stock from the same industry, has gained 12.4%. The company reported its results for the quarter ended March 2026 more than a month ago.

IBM reported revenues of $15.92 billion in the last reported quarter, representing a year-over-year change of +9.5%. EPS of $1.91 for the same period compares with $1.60 a year ago.

IBM is expected to post earnings of $2.95 per share for the current quarter, representing a year-over-year change of +5.4%. Over the last 30 days, the Zacks Consensus Estimate has changed +4.6%.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for IBM. Also, the stock has a VGM Score of D.

Stanley Druckenmiller just made a few portfolio moves that Wall Street is watching rather closely.

The billionaire founder of Duquesne Family Office – widely regarded as the most influential active money manager since Warren Buffett’s retirement – has completely exited his position in Alphabet and piled into five AI hardware stocks instead.

His latest 13F filing, covering holdings as of March 31st, reveals a bet on the physical infrastructure that powers artificial intelligence (AI), not the software giants who ride it.

Names Druckenmiller has invested in include SanDisk, Micron, Seagate, Broadcom, and Arm.

Duquesne has offloaded its entire stake in Alphabet, selling all 385,000 Class A shares worth nearly $153 million – a position the billionaire had just built up by 277% in the prior quarter.

The exit looks like disciplined profit-taking, given Google, in the two-plus quarters Druckenmiller held the stock, appreciated by more than 50%.

Following this surge, Google shares are trading at roughly 28x forward earnings, versus 17x only just a year ago.

Druckenmiller has also been openly skeptical about AI valuations – saying he believes “AI might be a little overhyped now” and that “AI could rhyme with the internet.”

And when the valuation no longer fits the thesis, the billionaire moves on – fast.

Duquesne opened a new position in SanDisk, buying 38,155 shares worth about $24.2 million – and the timing was exceptional.  

SNDK’s Q3 report was the giveaway; revenue hit $6 billion versus $4.7 billion estimates, up 251% year-over-year, with data center sales of $1.5 billion, up 645% year-over-year.

CEO David Goeckeler described the results as “a fundamental inflection point,” citing a structural shift toward AI inference workloads that demand high-speed NAND flash at scale.

With hyperscalers locking in multi-year supply agreements, SanDisk is no longer just a consumer storage brand – it has become a critical node in the AI infrastructure stack.

Druckenmiller’s bet on Micron stock may prove to be his sharpest call of the quarter.

Micron delivered Q2 revenue of $23.9 billion – a 196% increase year-over-year – cementing its position as one of the biggest beneficiaries of the AI boom.

The numbers didn't just beat estimates – they demolished them. Earnings per share (EPS) came in at $12.07, far above the $9.33 consensus, while revenue exceeded forecasts by nearly $3.7 billion.

And the outlook is even more striking: for the current quarter, MU guided for about $33.5 billion in revenue, implying year-over-year growth of over 200%.

As CEO Sanjay Mehrotra put it, Micron is an essential AI enabler and the only US-based memory manufacturer – a strategic asset in a supply-constrained world.

Old-fashioned spinning hard drives sound like a strange AI play, but Druckenmiller saw something others missed; Duquesne bought 50,700 Seagate shares valued at about $19.9 million.

The thesis is playing out emphatically. Seagate's Q3 delivered revenue of $3.1 billion – up 44% year-over-year, with adjusted earnings per share of $4.10 – far ahead of analyst expectations.

Better yet, demand visibility is “extraordinary”: nearline capacity is nearly fully allocated through calendar 2027, with build-to-order contracts being finalized through the end of fiscal 2027.

Moreover, the top three global cloud providers' remaining purchase obligations nearly doubled to about $1.1 trillion; Seagate is essentially sold out well into next year.

Druckenmiller initiated a significant new stake in Broadcom, purchasing roughly 196,000 shares worth $60.7 million – the largest single new position in the batch.

Broadcom is the dominant designer of custom AI accelerators for hyperscalers like Google and Meta, offering a cost-effective alternative to Nvidia's off-the-shelf GPUs.

Q1 AI revenue hit $8.4 billion, up 106% year-over-year, above the company's own forecast – and the acceleration isn't slowing: AVGO guided for AI semiconductor revenue of $10.7 billion in Q2, with total Q2 revenue expected to reach $22 billion, up 47% year-over-year.

CEO Hock Tan has stated plainly that AI revenue growth is accelerating, with the company eyeing $100 billion in cumulative AI-related sales by 2027.

Rounding out the five picks is Arm Holdings, the British chip-design firm whose instruction set architecture sits inside virtually every modern processor.

Duquesne opened a new position of 106,700 ARM shares worth about $16.1 million.

ARM is benefiting structurally from AI’s spread across every compute environment.

For the full fiscal year, Arm posted record revenue of $4.9 billion, with royalty revenue up 21% and licensing revenue up 25%, its third consecutive year of more than 20% revenue growth since going public.

Most tellingly, data center royalties more than doubled year-over-year as cloud companies increasingly turn to Arm-based custom chips.

With AI moving from training to inference at the edge and in data centers alike, Arm's architecture is everywhere – and Druckenmiller is betting it stays that way.

Seagate Technology Holdings plc (STX) Presents at Bank of America 2026 Global Technology Conference Transcript

Key Takeaways MU is one of five AI-focused growth stocks highlighted for June as infrastructure demand expands.DELL sees strong demand for AI servers and targets $60 billion in fiscal 2027 AI server sales.FIX is gaining from AI-driven data center cooling needs, supporting high-margin HVAC growth. U.S. stock markets closed at record highs in May, supported by astonishing artificial intelligence (AI) trade. For the past three and a half years, AI trade has single-handedly driven the Wall Street bull run. What is surprising is that as days progress, AI trade is gaining more strength despite the highly overstretched valuation of this space. 

AI infrastructure trade is now expanding from generative AI-based chips to memory and storage devices as well as servers and racks. Moreover, agentic AI is expanding the scope of AI infrastructure providers in the physical layer across industries. 

At this stage, we have identified five AI-centric growth stocks that investors should purchase to strengthen their portfolios in June. Growth investors are primarily focused on stocks with aggressive earnings or revenue growth, which should propel prices higher in the future.

The stocks are: Micron Technology Inc. (MU - Free Report) , Sandisk Corp. (SNDK - Free Report) , Seagate Technology Holdings plc (STX - Free Report) , Dell Technologies Inc. (DELL - Free Report) and Comfort Systems USA Inc. (FIX - Free Report) . Each of our picks sports a Zacks Rank #1 (Strong Buy) and has a Growth Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here.

The chart below shows the price performance of our five picks in the past three months.

Image Source: Zacks Investment Research

Micron Technology Inc.Micron Technology is benefiting from the rapidly expanding AI-driven memory and storage markets. MU has become a leader in the AI infrastructure boom due to strong demand for its high-bandwidth memory (HBM) solutions. Record sales in the data center end market and accelerating HBM adoption have been driving MU’s Dynamic Access Random Memory (DRAM) revenues higher.

The growing adoption of AI servers is reshaping the DRAM market as these systems require significantly more memory than traditional servers. This is boosting demand for both high-capacity DIMMs (Dual In-line Memory Module) and low-power server DRAM.

Micron Technology has an expected revenue and earnings growth rate of more than 100% each, for the current year (ending August 2026). The Zacks Consensus Estimate for the current year’s earnings has improved 1.2% over the last seven days.

Sandisk Corp.Sandisk — a leading flash and advanced memory technology innovator — is set to maintain its astonishing momentum. SNDK has benefited from the structural shift toward AI computing, which requires significantly more NAND flash storage per deployment compared with traditional workloads. 
AI training models and inference applications generate massive data volumes that demand high-performance enterprise solid-state drives, while edge devices need greater storage capacity to support on-device AI features. 

This creates a favorable demand environment where SNDK can command premium pricing for its advanced technology products while maintaining disciplined supply allocation. SNDK’s BiCS8 quad-level cell storage product continues to advance through qualification with two major hyperscalers. The extended joint venture agreement with Kioxia Corporation through December 2034 positions Sandisk favorably in the AI memory and storage space. 

Sandisk has an expected revenue and earnings growth rate of more than 100%, each, for next year (ending June 2027). The Zacks Consensus Estimate for next year’s earnings has improved 76.1% over the last 60 days.

Seagate Technology Holdings plcSeagate Technology has been benefiting from AI-led storage demand, a robust technology roadmap anchored in Mozaic and HAMR and disciplined execution focused on converting demand into profitable growth and long-term value creation. 

STX highlighted that the company is entering a “new era of structural growth” driven by strong AI-led demand, the rising adoption of Mozaic products and disciplined execution focused on expanding margins, cash flow and long-term value.

HDDs remain significantly more cost-effective for bulk storage—especially critical in hyperscale data centers supporting AI infrastructure. Seagate is well-positioned to capture this expanding opportunity through a technology strategy focused on increasing areal density rather than unit volumes, enabling a more capital- and manufacturing-efficient path to scale while improving cost and power efficiency per terabyte. 

This supports STX’s target of mid-20% exabyte growth. Its Mozaic 4+ platform, a second-generation HAMR product, delivers up to 44TB per drive — more than 30% higher capacity than earlier versions — achieved with minimal changes to materials, while integrating advanced laser and photonics technology for precision manufacturing at scale. 

Seagate Technology has an expected revenue and earnings growth rate of 33.9% and 76.9%, respectively, for the next year (ending June 2027). The Zacks Consensus Estimate for next year’s earnings has improved 34.3% in the last 60 days.

Dell Technologies Inc. Dell Technologies is benefiting from strong demand for AI-optimized servers driven by the ongoing digital transformation and heightened interest in generative AI applications. Its PowerEdge XE9680 AI-optimized server is much in demand. 

DELL’s advanced AI-optimized servers, including the PowerEdge XE9780 and 9780L platforms supporting up to 256 NVIDIA Corp. (NVDA) HGX B300 GPUs per rack, the XE9712 with NVIDIA GB300 NVL72, and the XE7745 supporting NVIDIA RTX Pro 6000 Blackwell GPUs, are noteworthy. 

Aside from NVIDIA, Dell Technologies has partnerships with Advanced Micro Devices Inc. (AMD), Microsoft Corp. (MSFT) and Meta Platforms Inc. (META) to name a few. DELL said that the company currently has more than 5,000 AI server customers, including neoclouds, sovereign clients and enterprises.

On May 27, the Pentagon announced a five-year contract with Dell worth $9.7 billion for Microsoft 365 productivity services. As a result, management is hopeful that its fiscal 2027 AI server sales will reach $60 billion.

Dell Technologies has an expected revenue and earnings growth rate of 47.4% and 41.2%, respectively, for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 10.7% in the last seven days.

Comfort Systems USA Inc.Comfort Systems operates primarily in the commercial and industrial heating, ventilation and air conditioning (HVAC) markets, and performs most of its services within manufacturing plants, office buildings, retail centers, apartment complexes, and healthcare, education and government facilities.

The data center boom, driven by AI, cloud computing, and high-performance computing, is fueling demand for specialized HVAC solutions from FIX. Cooling systems for these facilities should deliver precise and reliable performance, prompting investments in advanced technologies such as liquid cooling and modular units. 

This segment is becoming a significant growth driver for FIX, offering high-margin growth and attracting M&A activity. HVAC firms with capabilities in precision cooling and energy-efficient infrastructure are well-positioned to capture share in this fast-expanding niche. 

Comfort Systems USA has an expected revenue and earnings growth rate of 30.5% and 49.1%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.7% in the last seven days.