Western Digital Corporation News
Stock Market Today - 7/22: Stocks End Lower As Recession Fears, Snap Warning Rattle Markets
Recession fears, alongside a pointed warnings on social media ad spending, send stocks lower Friday.
Stocks Edge Lower, Snap, Twitter, Mattel And Seagate Technology In Focus - Five Things To Know
Stock futures steady amid renewed recession risk; Snap shares plunge after ad sector warning; Twitter shares lower with Q2 earnings in focus; Mattel shares dip after solid Q2 profits, price hikes and Seagate warning hits memory chip makers.
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.
Cramer's Mad Money Recap 4/13: Delta, JPMorgan, Disney
Jim Cramer says investors need tried-and-proven stocks that work for the long haul.
Citi Makes Wolfe List of Yield-Curve Steepening Stocks
Wolfe Research anticipates the yield curve will steepen for weeks and has created a list of stocks that could thrive as a result.
Western Digital Shares Drop on Weaker-Than-Expected Guidance
For the current quarter, Western predicted adjusted profit of $1.95 to $2.25 a share, compared to analysts' forecast of $2.67.
Cisco Systems Stock Leaps On Q4 Earnings Beat, 2023 Sales Outlook As Supply Chain Pressures Ease
"Overall supply constraints began to ease slightly at the back half of the fourth quarter and continuing into the start of the first quarter," said CEO Chuck Robbins.
Ransomware Suspect Charged in U.S. as Incidents Surge
A Russian citizen is charged in the U.S. for his alleged role in an international cryptocurrency money laundering conspiracy.
TheStreet's Doug Kass: Don't Be Fooled by Stock Rally
The S&P 500 index has jumped 11% in the past month, 'reducing the general attraction of equities,' investor Doug Kass says.