wdc stock

Seagate's rosy revenue outlook for its next quarter is buoying other pick-and-shovel AI plays, extending their recent rally. More insight into what's next for AI demand is expected later today, when four tech giants are set to report their latest results. The AI crowd is getting fired up, and the headliners haven't even hit the stage yet. Investors on Wednesday sent pick-and-shovel AI plays soaring hours before the Big Tech Earningspalooza —with results from Alphabet ( GOOGL ), Amazon ( AMZN ), Meta ( META ) and Microsoft ( MSFT )—is set to start. Shares of hard drive maker Seagate Technology