Abnormal movement in U.S. stocks | Storage sector continues to soar, Seagate Technology (STX.US) surges 16% after earnings.

According to the Wisdom Financial APP, on Wednesday, the storage sector of the US stock market continued to surge. Seagate Technology (STX.US) rose by 16% following its earnings report, Western Digital (WDC.US) rose by over 11%, SanDisk (SNDK.US) rose by over 9%, Micron Technology (MU.US) and Rambus (RMBS.US) rose by over 3%. In terms of news, Seagate Technology reported first-quarter revenue of $2.63 billion in fiscal year 26, a 21% year-on-year increase, exceeding the market's expected $2.55 billion; non-GAAP earnings per share were $2.61, a 65% year-on-year increase, exceeding the expected $0.21. Revenue guidance for the second quarter of fiscal year 26 is $2.7 billion, a 25% year-on-year increase; earnings per share are $2.75, with an operating profit margin of approximately 30%, indicating a sustained momentum of sequential growth.