Western Digital is a leading provider of data storage solutions, specializing in hard drives, solid-state drives, and cloud storage services. The company designs, manufactures, and sells a variety of storage devices for personal and enterprise use, catering to the needs of consumers, businesses, and data centers around the globe. With a focus on innovation, Western Digital continually develops advanced technologies to enhance data management and security, enabling users to store and access their information efficiently and reliably. The company plays a vital role in the digital economy, powering everything from personal computing and gaming to large-scale enterprise applications. Read More
New York, NY – October 16, 2025 – The U.S. stock market experienced a significant downturn today, with major indices closing sharply lower as renewed anxieties over regional bank stability and an escalating U.S.-China trade war gripped investors. The Dow Jones Industrial Average plunged over 300 points, while the
Shares of leading data storage manufacturer Western Digital (NASDAQ: WDC)
jumped 6.8% in the afternoon session after an analyst at Wedbush significantly raised the price target for the stock, reflecting a positive outlook on the company's future performance.
AI and hyperscale demand drive semiconductor growth for Nvidia, AMD, Broadcom. Rising hyperscaler capex and AI infrastructure investments lead to multi-year opportunities. Top beneficiaries include Nvidia, AMD, Broadcom, Marvell, Micron, and Western Digital.
Let's delve into the developments on the US markets one hour before the close of the markets on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
The S&P 500 Information Technology sector, encapsulated by the Technology Select Sector SPDR Fund (NYSEARCA: XLK), has emerged as the undisputed market leader in 2025, boasting a formidable year-to-date gain exceeding 20%. As of October 14, 2025, this robust performance underscores a significant shift in market dynamics, with technology
Western Digital Corp. (Nasdaq: WDC), the backbone of the AI-driven data economy, plans to announce its first quarter fiscal year 2026 financial results after the market closes on Thursday, October 30, 2025. The company will host a conference call with the investment community to discuss these results on October 30, 2025, at 1:30 p.m. Pacific / 4:30 p.m. Eastern. A live audio webcast and a webcast replay of the conference call will be available at investor.wdc.com.
Wall Street edged higher Tuesday as strong bank earnings lifted sentiment, even as renewed U.S.-China trade tensions kept investor enthusiasm in check.
Stay updated with the movements of the S&P500 index in the middle of the day on Tuesday. Discover which stocks are leading as top gainers and losers in today's session.
Short sellers are significantly increasing their wagers against S&P 500 technology stocks, signaling a growing wave of skepticism within the financial markets. This bearish sentiment comes despite a year of robust growth for the technology sector, creating a complex and potentially volatile landscape for investors as of October 14,
Shares of leading data storage manufacturer Western Digital (NASDAQ: WDC)
jumped 2.8% in the afternoon session after multiple analysts raised their price targets and the company announced the expansion of a key testing facility to meet rising demand from the artificial intelligence (AI) sector.
Western Digital (Nasdaq: WDC), the backbone of the AI-driven data economy, today announced the opening of its expanded System Integration and Test (SIT) Lab, a state-of-the-art 25,600 square foot facility designed to accelerate customer success and unlock faster time to value. As AI applications drive unprecedented storage demands, the new lab directly addresses what customers need most: faster, more predictable qualification of Western Digital’s reliable high-capacity HDDs.
A number of stocks fell in the afternoon session after the threat of a 'massive increase' in tariffs on Chinese goods by President Donald Trump, reignited fears of a trade war.
As the U.S. federal government enters its ninth day of shutdown on October 9, 2025, a striking calm has settled over the Treasury market. Despite the political gridlock in Washington, D.C., and the ensuing economic uncertainty, Treasury yields have largely remained quiet, reflecting a historically consistent muted market
