Seagate (STX) reports 61% revenue growth to $4.23B and $1.76B net income, generating $1.5B in free cash flow while reducing debt and raising dividends.
Oracle (ORCL) stock rises 3.56% to $130.55 as the tech giant pursues FedRAMP certification for AI database services across government clouds.
Meta (META) stock declines following announcement of $37.5B dual offering: $25B common shares at $625 plus $12.5B preferred stock with 6.50% dividend yield.
Datavault AI (DVLT) stock drops 48.68% to $0.0681 despite announcing 13 WiSA patent achievements. Questions remain about licensing revenue potential.
CoreWeave (CRWV) stock rises 7.89% to $59.55 as the company deploys NVIDIA Blackwell systems in Denmark and plans network expansion across seven new markets.
Cerebras Systems (CBRS) stock rises 9.88% on news of Oracle partnership bringing ultrafast AI inference to OCI, targeting enterprise deployment in 2027.
Strategy (MSTR) repurchased $204.9M in preferred shares while maintaining 848,517 BTC. Stock fell to $142 as Bitcoin traded near $80K ahead of Fed decision.
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