Is Artificial Intelligence the Biggest Bubble in History?

Is it any surprise 31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading their OWN stocks at record pace? They're getting OUT of AI (and Tech Stocks) before it's too late. But why? And WHERE are they moving their cash for the biggest profits, in 2024?

Seagate Technology Holdings Plc
NASDAQ:STX
$88.40

Financials

Curr Year EPS Estimate1
Next Quarter EPS Estimate1.72
Profit Margin11.34%
Operating Margin13.49
Return on Assets0.08
Return on Equity0.22
Revenue7.3B
Earnings Per Share3.87
Revenue Per Share34.64
Gross Profit3,469,000,000
Quarterly Revenue Growth0.49

General

NameSeagate Technology Holdings Plc
TickerSTX
ExchangeNASDAQ
SectorTechnology
IndustryComputer Hardware
CurrencyUSD
CountryUSA
Fiscal Year EndJune
Full Time Employees30,000

About Seagate Technology Holdings Plc

Seagate Technology Holdings plc engages in the provision of data storage technology and infrastructure solutions in Singapore, the United States, the Netherlands, and internationally. The company offers mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. It also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, Expansion, and Basics product lines, as well as under the LaCie brand name; desktop drives for personal computers and workstation applications; notebook drives traditional notebooks, convertible systems, and external storage applications, DVR HDDs for video streaming applications, and gaming SSDs for gaming rigs. In addition, the company provides Lyve edge-to-cloud mass capacity platform, that includes modular hardware and software to support enterprises' on-premise and cloud storage infrastructure needs. It sells its products primarily to original equipment manufacturers, distributors, and retailers. The company was founded in 1978 and is based in Singapore.

Dividend

Seagate Technology Holdings Plc pays out a dividend of $2.85 per share, with a dividend yield of 3.22%.

STX's next dividend payment will be made to shareholders on January 6, 2025.

They pay out 177.19% of their earnings out as a dividend.

Recent Dividends

Jan 6, 2025$0.72
Oct 7, 2024$0.70
Jul 5, 2024$0.70
Apr 4, 2024$0.70
Jan 9, 2024$0.70
Oct 10, 2023$0.70
Jul 5, 2023$0.70
Apr 6, 2023$0.70
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