Seagate Stock Is Getting Crushed. Here’s What Spooked the Market.
1. Kioxia reported a 60% drop in adjusted net income this quarter. 2. Shares of WDC fell 4.01% following Kioxia's profit decline. 3. AI and cloud investments are driving demand in 2025. 4. WDC is a top performer, up 269% this year. 5. Investors question if Kioxia's results signal broader market issues.