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U.S.-listed storage stocks rise, led by Seagate’s 8.18% gain

U.S.-listed storage stocks rise, led by Seagate’s 8.18% gain

Storage and memory-related stocks advanced on July 30, as expectations of a Federal Reserve pause and strong tech earnings helped lift U.S. equities and intensified gains in memory names.

GT

Fact Check
The theblockbeats source explicitly confirms the exact claim: on July 30, U.S. storage stocks rose with Seagate leading at +8.18%, alongside Western Digital +6.29%, SK Hynix +3.01%, and SanDisk +0.89%. The macro framing (Fed pause expectations, strong tech earnings lifting memory names) is corroborated by PANews, which confirms the broad U.S. index gains and storage-sector surge on the same date. The odaily update shows gains later expanded well beyond 8%, indicating 8.18% was an accurate point-in-time snapshot rather than a final close. All primary figures in the claim match the primary source.
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Summary

Storage- and memory-related stocks moved higher on July 30, with multiple market snapshots showing gains accelerating through the session. Earlier BIT market data showed Seagate Technology up 8.18%, Western Digital up 6.29%, SK Hynix up 3.01% and SanDisk up 0.89%. A separate update cited by Odaily Planet Daily and based on MSX.COM data later showed broader strength, with SanDisk rising more than 19%, Seagate nearly 17%, Western Digital more than 16%, SK Hynix nearly 11% and Micron Technology more than 11%. A further U.S. trading snapshot cited by PANews and Bybit showed major indexes also advancing, with the Dow up 0.59%, the Nasdaq gaining 2.68% and the S&P 500 adding 1.28%; in that update, SK Hynix jumped 17.15% to $148.35 and Micron Technology rose 16.85%, while Coinbase was up 0.77% and Robinhood down 2.18%. Odaily later said expectations for a Federal Reserve pause and strong earnings from Microsoft and other tech giants supported U.S. stocks, with memory-related names leading gains. Gate data in that update showed SanDisk at $1,280.40, up 26.14%, and SK Hynix at $148.96, up 17.47%, while Coinglass said Gate's SNDK and SKHYNIX contract open interest reached $151 million and $121 million, both ranking second among centralized exchanges.

Terms & Concepts
  • Memory stocks: Shares of semiconductor companies that make memory chips used in computers, servers and storage devices.
  • Open interest: The total number of outstanding derivatives contracts that have not been closed or settled.
  • Centralized exchanges: Trading platforms operated by companies that match buyers and sellers and hold or manage user accounts.