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Seagate Technology, Texas Instruments, Richtech Robotics, Corning And Lam Research: Why These 5 Stocks Are On Investors' Radars Today

Wall Street saw renewed momentum on the day, as the S&P 500 pushed to fresh highs. Even so, major U.S. indices closed mixed, with the Dow Jones Industrial Average slipping 0.8% to 49,003.41, while the S&P 500 added 0.41% to 6,978.60 and the Nasdaq climbed 0.9% to 23,817.09.

These are the top stocks that gained the attention of retail traders and investors through the day:

Seagate Technology Holdings Plc. (NASDAQ:STX)

Seagate’s stock climbed 3.76% to close at $371.76, reaching an intraday high of $383.88 and a low of $361. The stock’s 52-week range is between $63.21 and $383.88. In the after-hours trading, the stock rose 9.66% to $407.64.

Seagate reported second-quarter earnings of $3.11 per share, beating estimates of $2.81, while revenue came in at $2.83 billion, above the $2.73 billion consensus and up from $2.33 billion a year earlier. The company said results were driven by strong data center demand and momentum from its HAMR-based Mozaic products. For the third quarter, Seagate guided for adjusted EPS of $3.20–$3.60 and revenue of $2.8–$3.0 billion, both ahead of Wall Street expectations.

Texas Instruments Inc. (NASDAQ:TXN)

Texas Instruments saw a marginal increase of 0.02%, closing at $196.63. The stock hit an intraday high of $198.41 and a low of $194.34, with a 52-week range of $139.95 to $221.69. The stock shot up 8.08% to $212.51 in the after-hours trading.

Texas Instruments reported fourth-quarter revenue of $4.42 billion, slightly missing estimates of $4.44 billion, while earnings came in at $1.27 per share, below the $1.30 consensus. The company said results included a six-cent per share reduction that was not part of its original guidance, even as revenue rose 10% year over year. Over the past 12 months, Texas Instruments generated $7.2 billion in operating cash flow and $2.9 billion in free cash flow, ending the quarter with $3.23 billion in cash. For the first quarter, the company guided revenue of $4.32–$4.68 billion and earnings of $1.22–$1.48 per share, broadly in line to slightly above expectations.

Richtech Robotics Inc. (NASDAQ:RR)

Richtech Robotics surged 44.62%, closing at $5.51, with an intraday high of $5.60 and a low of $4.05. The stock’s 52-week range is $1.37 to $7.43.

The company announced a new partnership with Microsoft to enhance its AI capabilities, driving the stock’s impressive gains. Richtech said the effort focused on integrating Azure AI vision, voice and reasoning tools into its ADAM robot, enabling more contextual, conversational and autonomous behavior. The upgraded ADAM platform can now factor in time of day, weather and in-store promotions, while proactively flagging ingredient or equipment issues before operations are disrupted. Management said the software-driven intelligence could be deployed across logistics, hospitality and manufacturing without significant new hardware investment.

Corning Incorporated (NYSE:GLW)

Corning’s stock jumped 15.55% to $109.74, with an intraday high of $113.99 and a low of $100.97. The 52-week range is $37.31 to $113.99. The stock rose 3.88% in extended trading to $114.

A $6 billion deal with Meta Platforms to supply data center infrastructure significantly boosted Corning’s shares. Corning said it entered an agreement to supply Meta with its latest optical fiber, cable and connectivity solutions tailored for high-density AI data centers. The partnership is aimed at supporting Meta's AI applications and infrastructure needs. To support the deal, Corning plans to expand manufacturing capacity in North Carolina, including a major expansion at its Hickory optical cable facility, where Meta will be the anchor customer.

Lam Research (NASDAQ:LRCX)

Lam Research rose 7.00%, closing at $238.46. The stock reached an intraday high of $239.5 and a low of $228.76, with a 52-week range of $56.32 to $239.5. The stock rose 1.07% to $241 in the after-hours session.

Investors are eagerly awaiting the company’s upcoming earnings report, with hopes of positive guidance and performance exceeding expectations. Lam Research is set to release its quarterly earnings on Wednesday. Analysts expected Lam Research to report EPS of $1.17, with investor attention focused not just on a potential earnings beat but also on forward guidance.

Benzinga Edge Stock Rankings show Seagate Stock has a Value in the 13th percentile and a Momentum in the 98th percentile.

Prepare for the day’s trading with top premarket movers and news by Benzinga.

Photo Courtesy: yanadhorn on Shutterstock.com

This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

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