WDC

Seagate gained 6.3% and Western Digital rose 5.9% on September 4 even as the S&P 500 fell 0.4%. The pairing was consistent with investors rotating toward profitable storage infrastructure rather than making a random defensive trade. Generative AI creates enormous data sets, checkpoints, logs, and retrieval stores, so the storage layer can benefit even when […]

Yahoo · 23h ago

Western Digital director Stephanie Streeter’s family trust sold 5,600 shares across August 31 and September 1 for $2,519,280. The prices ranged from $447.06 to $455, and the trust retained 34,807 shares after the transactions. Western Digital Corporation (NASDAQ:WDC) had climbed roughly 448% over the 12 months through September 2, so the sale landed when investors […]

Yahoo · 1d ago

Western Digital stock has posted a very large 3 year gain while the broader valuation checks still lean cheap, so the recent share price strength and the current multiples are pointing in different directions for investors to weigh. With the stock back in focus after trade and policy headlines, the question is how much of that move is already reflected in today’s price. Over the past 3 years Western Digital has returned about 13x. This puts extra pressure on today’s buyers to be clear about...

Yahoo · 1d ago

A number of stocks jumped in the afternoon session after investors shrugged off interest rate hike expectations following the August jobs report and unwound defensive positioning in beaten-down chip designers, according to Bloomberg. The U.S. Bureau of Labor Statistics reported that employers added 162,000 nonfarm payroll jobs in August, easily beating estimates of a 56,000 increase from economists polled by FactSet. The agency also reported that the national unemployment rate held steady at 4.1

Yahoo · 1d ago

A broad memory bid swept through storage stocks Friday afternoon while the rest of the market softened, and the divergence between one sector ETF and the S&P 500 tells a story that goes well beyond a pair of NAND names catching a bid.

Yahoo · 1d ago

The AI trade is bucking the trend Friday.

Yahoo · 2d ago

Stay updated with the movements of the S&P500 index in the middle of the day on Friday. Discover which stocks are leading as top gainers and losers in today's session.

ChartMill · 2d ago