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Seagate Scores a Game-Changing Deal. World's Largest HDD Vendor Buys HAMR Company, Critical to 100TB+

Seagate is set to acquire Intevac, a specialist in HAMR drive production, for $4 per share in an all-cash transaction. The acquisition will enable Seagate to increase HAMR drive production and solidify its position as the leading hard drive vendor. By acquiring Intevac's sputtering systems, Seagate can produce higher density data storage solutions.

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Seagate Hard Drive Controversy Persists as Scammers Discover Methods to Alter Reliability Metrics Δ1.77

Seagate's ongoing issues with counterfeit hard drive sales have taken a new turn, as scammers have discovered methods to manipulate Field Accessible Reliability Metrics (FARM) values, making it difficult for consumers to detect tampered devices. This latest development presents a significant challenge for Seagate and its customers, who must now find alternative ways to verify the authenticity of their purchases. The company has advised resellers to buy drives only from certified distribution partners to ensure authenticity.

Samsung Signs Patent Deal to Use China's YMTC Bonding Tech Δ1.71

YMTC, a Chinese storage company, holds critical patent on bonding technology essential for 400-layer NAND. Samsung has signed an agreement with YMTC to use its hybrid bonding tech, preventing infringement claims in production of 400-layer NAND. The deal may be influenced by US-China trade tensions, which have impacted YMTC's ability to sell memory components outside China.

Sabrent 30.72TB Enterprise SSD Revolutionizes Data Storage with Unparalleled Performance and Capacity Δ1.70

The Sabrent Rocket Enterprise PCIe 4.0 U.2/U.3 NVMe SSD has set a new benchmark for enterprise storage solutions, offering up to 7,000MB/s read speeds and handling over 56PB of data with one drive write per day durability. This massive 30.72TB model is designed to meet the demands of large-scale operations, including data centers and businesses requiring high-speed, high-endurance storage solutions. With its ultra-low bit error rate and sustained low-latency performance, this SSD is poised to disrupt the enterprise storage market.

The Sandisk Extreme Pro 8tb Portable Ssd Deal: A Storage Solution for Gamers and Professionals Δ1.70

Sandisk's Extreme Pro Portable 8TB SSD is currently listed on Amazon for $490, offering significant savings from its original price of $700. This deal makes the drive an attractive option for those who require large-capacity storage for their game libraries or important files and projects. With its high-performance capabilities and rugged design, the Sandisk Extreme Pro Portable SSD is well-suited to meet the demands of photographers, videographers, and drone operators.

Palantir Gains Premarket as Wedbush Sees Government Contract Momentum Δ1.70

Palantir Technologies is gaining momentum after analysts at Wedbush Securities reiterated its Outperform rating, citing potential gains in government contracts and IT budget allocations. The company's expertise in artificial intelligence-driven technologies has aligned well with the efficiency-driven projects of the U.S. Department of Defense. Palantir's involvement in high-priority military programs less likely to be subject to budget cuts positions the business to grab a bigger portion of IT contracts.

Chinese Innovation Could Dramatically Increase the Capacity of Hard Disk Drives Although Questions Remain Δ1.70

Chinese researchers are working to develop molecular hard drives with high capacity, which use organometallic molecules to boost data density and efficiency. These drives have the potential to store six times the amount of data compared to current mechanical models, overcoming limitations in traditional binary storage systems. The new technology relies on self-assembled monolayers of complex molecules, applied using a conductive atomic force microscope tip, to achieve ultra-low power consumption.

Redfin Stock Soars as Rocket Companies Acquires Firm for $1.75B Δ1.69

Redfin shares are surging 75% in premarket trading Monday after mortgage giant Rocket Companies announced it was buying the digital real estate brokerage in an all-stock deal valued at $1.75 billion. Shares of the Detroit-based Rocket are down 11%. Rocket said the transaction values Redfin shares at $12.50 each and "connects Redfin's nearly 50 million monthly visitors to Rocket's mortgage products." The acquisition brings together two companies with a shared goal of improving the homebuying experience, potentially leading to enhanced services for consumers.

Rocket to Buy Real Estate Broker Redfin for $1.75 Billion Δ1.69

Rocket Cos.'s acquisition of Redfin Corp., valued at $1.75 billion, signals a significant shift in the property market as the financial technology group delves deeper into the industry with a new listing site. The deal represents a premium of 63% over Redfin's common stock price, indicating investor confidence in Rocket's ability to integrate home search with its existing platform. By acquiring Redfin, Rocket aims to accelerate its purchase and AI strategy, aiming for $200 million in run-rate synergies by 2027.

Samsung's Speedy 2TB Portable SSD Is on Sale for 52% Off Δ1.69

The Samsung T7 portable SSD offers incredible speeds of up to 1,050 MB/s, making it an excellent option for storing games, recording 4K videos, and transferring large files. Its compact size and lightweight design make it easy to carry around, while its rugged aluminum casing provides protection against drops and bumps. This discount brings the already-fast drive down to a highly competitive price.

Intel's $13.4B Gamble: Can It Steal Nvidia and Broadcom From TSMC--Or Is This Another Pipe Dream? Δ1.69

Intel is testing its last shot at redemption. Nvidia and Broadcom are interested—yet will they actually commit? Intel (NASDAQ:INTC) is making waves after reports surfaced that Nvidia (NASDAQ:NVDA) and Broadcom (NASDAQ:AVGO) are running tests on its 18A manufacturing process. If these tests turn into actual contracts, it would be a massive win for Intel's struggling foundry business.

Honeywell to Buy Pump Maker Sundyne for $2.16 Billion Δ1.68

Honeywell International is set to expand its energy business with the acquisition of Sundyne, a leading manufacturer of engineered pumps and gas compressors, as part of its efforts to strengthen its presence in the aviation, automation, and energy sectors. The deal will add to Honeywell's unit catering to the energy and petrochemical industries, while enhancing its aftermarket services business. By acquiring Sundyne, Honeywell aims to capitalize on the growing demand for industrial equipment and services.

TSMC Announces Huge US Investment to Boost AI Development Δ1.68

Taiwan Semiconductor Manufacturing Company (TSMC) has committed to investing at least $100 billion in the US semiconductor manufacturing sector over the next four years, marking the largest single foreign direct investment in US history. This investment will support the establishment of three new fabrication plants, advanced packaging facilities, and an R&D center, with the potential to create tens of thousands of high-paying jobs in construction and technology. The move reflects a strategic effort to strengthen the US supply chain and reduce dependence on foreign semiconductor production.

AI Stock to Buy Hand Over Fist Before It Surges by 60%, According to 1 Wall Street Analyst Δ1.68

Palantir Technologies has received a new, record-high price target from Loop Capital Markets, with analyst Rob Sanderson predicting the stock will surge by 60% in the next 12 months. Despite concerns over valuation, Sanderson believes Palantir's long-term narrative and potential for growth justify the investment. The company's unique data analytics capabilities and growing adoption in the enterprise market position it for significant future success.

Rocket Companies to Acquire Redfin in $1.75B Deal Δ1.68

Rocket Companies is set to acquire Redfin in a $1.75 billion all-stock transaction, which will merge the two companies under a unified vision to enhance the home buying and selling experience. The deal values Redfin at a 63% premium to its recent trading price, with Rocket Companies shareholders expected to own 95% of the new entity. This acquisition follows a period of financial struggles for Redfin, with significant stock price fluctuations and disappointing earnings reports.

Saudi Aramco Exploring Initial Bid for BP's Castrol Unit, Source Says Δ1.68

Saudi Aramco is in the early stages of considering a potential bid for BP's lubricant business Castrol, according to a person with knowledge of the matter. The Saudi oil giant's interest comes as BP reviews its Castrol business, aiming to generate $20 billion in divestments by 2027. A successful acquisition could help Aramco expand its presence in the global lubricants market.

BYD Raises $5.6 Billion in Upsized Hong Kong Share Sale. Δ1.68

BYD Co., China's top electric vehicle maker, has secured HK$43.5 billion ($5.6 billion) in its largest share sale in nearly four years. The company sold 129.8 million shares at HK$335.20 each, confirming an earlier report and setting a 7.8% discount to Monday's close. BYD plans to use the fresh capital to expand its overseas business, invest in research and development, and supplement its working capital.

SoftBank’s Arm to Drive Malaysia’s $270 Billion Chip Goals Δ1.68

Arm Holdings Plc has entered a decade-long agreement with Malaysia to provide essential chip designs and technology, aiming to elevate the nation from mere chip assembly to advanced semiconductor production. The Malaysian government plans to invest $250 million in this partnership to foster local chip design capabilities and achieve ambitious semiconductor export targets of 1.2 trillion ringgit by 2030. This initiative is expected to significantly boost Malaysia's GDP and establish a robust tech ecosystem centered around homegrown chipmakers.

Political Squabbling Cannot Slow TSMC’s Semiconductor Surge Δ1.68

Taiwan Semiconductor Manufacturing Company (TSMC) continues to assert its dominance in the semiconductor industry, leveraging its position to attract investment despite geopolitical tensions. The company has committed $100 billion to U.S. manufacturing and R&D, enhancing its global supply-chain security while catering to its American clientele, including major tech firms. As TSMC diversifies its operations beyond Taiwan, it not only mitigates risks but also fosters closer collaboration with U.S. partners, positioning itself favorably for future growth.

BYD Raises Billions in Share Sale, Hong Kong's Largest in Four Years Δ1.68

BYD has raised $5.59 billion in a primary share sale that was increased in size, making it the largest of its kind in Hong Kong in four years. The company said it sold 129.8 million primary shares in the deal, up from the original 118 million shares planned when the deal launched on Monday. BYD's Hong Kong shares opened down 8% on Tuesday, in line with the discount the stock was sold at in the deal.

2TB SSD Sale Rocks the Industry Δ1.68

The 2TB MSI Spatium M461 SSD is currently on sale for $84, offering an unbeatable price of around 4 cents per GB. This discount brings the drive down from its recent average price of $99, making it a compelling option for those looking to upgrade their storage with fast performance. The drive's PCIe Gen 4 x4 interface and NVMe 1.4 standard interface provide speedy read/write speeds of up to 5,000/4,200 MBps.

TSMC to Spend $100B to Expand Chip Manufacturing in US, Trump Announces. Δ1.68

TSMC, the world's biggest semiconductor manufacturer, plans to invest $100 billion in the United States, President Donald Trump said Monday, on top of $65 billion in investments the company had previously announced. The investment will be for three more chip manufacturing plants, along with two packaging facilities, in Arizona. This move aims to restore American dominance in the global semiconductor market and create thousands of high-paying jobs.

Jim Cramer on Entergy Corporation (Etr): ‘Endless Love for Nuclear? Entergy Is Your Pick’ Δ1.68

Entergy Corporation (NYSE: ETR) stands out from other stocks identified by Jim Cramer as potential winners in a market volatile due to President Trump's tariff announcements, thanks to its unique position in the nuclear energy sector. Cramer believes that Entergy, which operates power plants and provides energy services across North America, can weather the impact of tariffs due to its diversified revenue streams and low exposure to international trade. As a result, Entergy may be an attractive option for investors seeking stability in a market uncertain by trade policies.

Cloud Storage Deal of the Century: Folderfort Offers Lifetime Subscription for 50% Off Δ1.68

Cloud storage subscriptions are expensive, and having a permanent home for your files is essential, but options are limited. FolderFort's 2TB Cloud Storage Lifetime Subscription is a game-changer, offering ample space for photos, videos, and work documents without recurring payments. This sale is too good to pass up, especially considering the traditional cloud storage services charge for storage space.

BYD Seeks $5.2 Billion in Biggest HK Share Sale Since 2021. Δ1.68

BYD Co., China's largest electric vehicle maker, is raising as much as HK$40.7 billion ($5.2 billion) in the largest share sale in Hong Kong nearly four years. The company aims to capitalize on its strong performance, with record sales and a surge in shares since January. BYD plans to use the funds for global expansion, including localizing production to bypass tariffs.

Rocket Companies to Acquire Redfin for $1.75B Δ1.68

Rocket Companies is set to acquire Redfin in an all-stock transaction valued at $1.75 billion, aiming to integrate their home search services with financing solutions. This merger is expected to enhance the home-buying experience, allowing customers to easily navigate from property search to loan qualification. Despite recent struggles in Redfin's stock performance and missed earnings expectations, the acquisition positions Rocket Companies to capitalize on Redfin's established market presence.