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Western Digital Corporation News

Wynn Tops BofA List of US Stocks with China Exposure

The risk of a war between China and Taiwan threatens U.S. stocks much more than the war in Ukraine, BofA said.

Stock Market Today - 6/8: Stocks Finish Lower on Mounting Stagflation Worries: Gas Nears $5 Per Gallon

Slowing growth and surging inflation may not spark a 70s-style bout of global stagflation, but dimming prospects for the U.S. economy weighed on stocks Wednesday.

Western Digital Stock Leaps As Activists Win Push To Study Group Split

"We are actively engaging in a broad range of strategic and financial alternatives ... including Elliott’s offer to invest incremental equity capital in our Flash Business," said CEO David Goeckeler.

Stocks Lower, Novavax, WDC, Credit Suisse And The Denver Broncos - Five Things You Must Know

Stock futures lower as stagflation worries mount; Novavax surges as FDA panel recommends Covid vaccine; Western Digital leaps after board agrees to consider flash memory sale; Credit Suisse slumps after third straight profit warning and Denver Broncos sold to Walmart heir for record $4.65 billion

Western Digital Stock Surges As Activists Call for Sale of Flash Memory Business

"We believe a full separation of the Flash business can allow both HDD and Flash to be more successful and unlock significant value," said Elliott Associates.

Breaking News

Ford Makes a Major Change

The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.