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January 25, 2024
SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Western Digital Corp. (WDC) on Thursday reported a loss of $268 million in its fiscal second quarter.
January 25, 2024
Western Digital Corp.โs stock declined nearly 4% in after-hours trading Thursday after the company posted quarterly results. Western Digital reported a...
January 25, 2024
News Summary Second quarter revenue was $3.03 billion, up 10% sequentially . Cloud revenue increased 23% , Client revenue decreased 2% and Consumer revenue increased 15% . Second quarter GAAP...
January 25, 2024
The major earnings after the close. Intel guidance lower than expectations.
January 25, 2024
Data storage products maker Western Digital Corp posted a wider-than-expected quarterly adjusted loss on Thursday, due to the impact of structural changes the company implemented in its flash and HDD...
January 25, 2024
Western Digital Corp (WDC) released Loss for second quarter that decreased from the same period last year and beat the Street estimates. The company's bottom line came in at -$282 million, or -$0.
January 25, 2024
Data storage products maker Western Digital Corp posted a wider second-quarter adjusted loss on Thursday, due to the impact of structural changes the company implemented in its flash and HDD businesses. Last quarter, the company said it would spin off its flash memory business, which has been grappling with a supply glut after talks of merging the unit with Japan's Kioxia stalled, by the second half of 2024. On an adjusted basis, the company reported a loss of 69 cents per share, compared...
January 24, 2024
Analysts discuss top semiconductor plays. Citi analyst positive on PC, wireless, server markets. Micron top pick. NVDA, AVGO, AMD, INTC also favored.
January 24, 2024
China's economy continues to see turmoil amid a perfect storm of issues coming together. An aging population is contributing to a decrease in productivity. At the same time, several real estate companies have gone under as rising interest rates and an overall slowdown have caused a meltdown in the Chinese real estate market. It's not just China's economic slowdown that investors must contend with. Over the weekend, Taiwan Vice President Lai Ching-te clinched the third consecutive ...
January 23, 2024
Nvidia Inc. lost the top spot as Morgan Stanley's Number 1 microchip company to Western Digital Corp. due to the the latter company's decision to spin off itsโฆ