Western Digital: Fiscal Q2 Earnings Snapshot
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.
Source: qz.com
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Western Digital Corp posts wider Q2 loss, sees impact of structural changes
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 businesses. Shares of the company were down about 4 per cent in after-market trading.Last quarter,
Source: channelnewsasia.com
US close: Dow and S&P 500 hit fresh highs after GDP beat
The Dow and S&P 500 both hit new record highs on Thursday after an upside surprise in US economic growth lifted sentiment, with airline stocks and IBM among the most prominent risers of the day.
Source: sharecast.com
Nasdaq Futures Slip Ahead Of Key Inflation Data As Tech Setbacks Sap Sentiment, But Analyst Believes Recession Fears Are Fading - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
However, bond market activity suggests traders are beginning to factor in the possibility of rate cuts throughout the year.
Source: benzinga.com
Nasdaq, S&P 500 Futures Unfazed By Tesla Disappointment As Focus Shifts To Q4 GDP, Earnings: Analyst Sees Hope In This Bullish Indicator - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
Economists, on average, expect annualized quarter-over-quarter growth of 2%, slower than the third quarter's 4.9% growth.
Source: benzinga.com