News

Sandisk shares rose once more Tuesday, with the memory-chip company looking to join the likes of McDonald’s Verizon and PepsiCo when it comes to market value. Sandisk stock is currently on pace to surpass a $200 billion market capitalization for the first time since the company completed its spinoff from Western Digital on Feb. 24, 2025, according to Dow Jones Market Data. Sandisk advanced 13% to $1,413 on Tuesday, as investors continue to bet that the boom in construction of artificial-intelligence data centers will drive up memory demand.

SanDisk has authorized its first-ever buyback program as a standalone company.

Western Digital (WDC) is back in focus after reporting third quarter fiscal 2026 results, with year-over-year growth in sales and earnings, a 20% dividend increase, and stronger AI driven storage demand. See our latest analysis for Western Digital. The stock has surged recently, with a 49.97% 1 month share price return and a 135.67% year to date share price return. The 1 year total shareholder return is very large, signalling strong momentum around the AI storage theme and recent earnings,...

Here’s a number that makes you look twice: in a single quarter, SanDisk (NASDAQ: SNDK) generated nearly $3 billion in free cash flow, posted EPS of $23.41 vs estimates of $14.62, and then guided the next quarter to as much as $8.25 billion in revenue. About a year ago, the stock was at $40. Now it’s around $1,400. That’s not hype, it’s timing, execution, and a massive shift in demand all lining up. See, SanDisk’s Surge Explained: What’s Fueling the Move.

Our Western Digital (NASDAQ:WDC) call is straightforward: the AI-driven HDD upcycle still has room to run, and the stock’s parabolic move higher is supported by accelerating fundamentals. Our 24/7 Wall St. price target for Western Digital is $512.93, implying 15.95% upside from $442.36 over the next 12 months. We rate WDC a buy with high ... AI Boom Drives Western Digital Toward $500 Target

The S&P 500 Index ($SPX ) (SPY ) today is up +0.64%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.08%. June E-mini S&P futures (ESM26 ) are up +0.62%, and June E-mini Nasdaq futures...

8.30am: Oil prices ease, as Hegseth plays down Strait fighting Crude oil futures have eased further, as US defence officials struck a cautious tone on the Strait of Hormuz, saying Iranian actions remain below the threshold for a wider conflict, despite continued harassment of shipping. In...

Western Digital has markedly outperformed the broader market over both the past year, and Wall Street analysts arwe still maintaining a bullish stance on its forward prospects.

FTSE 100 down 168 points to 10,196 HSBC falls on profits miss Vodafone takes full ownership of UK mobile JV 2.55pm: Wall Street opens higher, FTSE sinks lower US stocks have opened higher, led by Intel's 11% gain and other tech stocks. The Nasdsq has marched 0.9% higher, while...

Western Digital is approaching a key date with its dividend hike in focus, underpinned by solid earnings and sustained AI-driven demand momentum.

Both Seagate and Western Digital are riding the AI storage wave. But with different market reactions after their latest financial report, which one actually stands out as the wiser pick?

Western Digital (WDC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

The benchmark index is up in 2026, but Sandisk and Intel are among eight S&P 500 stocks that have at least doubled.

In the last week, the United States market has stayed flat, yet it has experienced a significant rise of 28% over the past 12 months, with earnings expected to grow by 16% per annum in the coming years. In this context of robust growth potential and market stability, identifying high growth tech stocks involves looking for companies with strong innovation capabilities and scalable business models that align well with these positive trends.

Seagate Technology Holdings plc (NASDAQ:STX) was among the stocks Jim Cramer highlighted, as he discussed the massive AI infrastructure buildout. Cramer was slightly bearish on the stock during the episode, as he commented: Seagate, which had just reported a terrific quarter, but with Western Digital, Sandisk, those stocks though, are really overextended for me. They’re […]

Leading data storage manufacturer Western Digital (NASDAQ: WDC) reported Q1 CY2026 results exceeding the market’s revenue expectations, with sales up 45.5% year on year to $3.34 billion. On top of that, next quarter’s revenue guidance ($3.65 billion at the midpoint) was surprisingly good and 4.8% above what analysts were expecting. Its non-GAAP profit of $2.72 per share was 13.7% above analysts’ consensus estimates.

Western Digital reported fiscal third‑quarter 2026 results with sales of US$3,337 million and net income of US$3,205 million, significantly higher than a year earlier, alongside EPS gains and a dividend increase. The company’s margin expansion above 50% and emphasis on AI-driven demand for high-capacity HDDs and UltraSMR technology point to a business increasingly anchored in data‑center and AI storage workloads. With earnings beating expectations and gross margins surpassing 50%, we’ll now...

↗️ Apple (AAPL): The iPhone maker's revenue soared as customers continued to upgrade their devices. Shares were up 3% in afternoon trading. ↘️ Roblox (RBLX): The videogame company cut its full-year guidance as efforts to boost its safety features weighed on its latest quarterly results.

Oil prices fell and tech stocks extended gains after Iran shared its latest proposal for negotiations. Brent crude futures fell about 2% on Friday to around $108 a barrel. Both indexes finished April with their largest monthly gains since 2020, as investors looked past the war in Iran and focused instead on strong earnings.

Western Digital shares decline Friday after the hard-drive maker beats fiscal third-quarter earnings and revenue estimates.

Shares of Sandisk and Western Digital pared losses Friday after the industry peers posted solid results for their latest quarters.

Western Digital (NASDAQ:WDC) stock just received its most aggressive price target raise of the cycle. Citi lifted its price target to $500 from $405, maintaining a Buy rating, citing a beat-and-raise quarter and improving visibility into AI-driven hard disk drive (HDD) demand. The move arrives alongside fresh revisions from Barclays and UBS, sharpening the debate ... Citi Raises Western Digital Price Target to $500: Is the HDD Bull Case Just Getting Stronger?

The artificial intelligence boom is entering a new phase. For the past two years, investors obsessed over GPUs, data centers, and power consumption. But agentic AI — systems that can reason, plan, and act independently — is changing the equation. These models don’t just need compute. They need enormous amounts of fast memory constantly available ... The AI Gold Rush Just Hit a New Layer: Here’s Why Sandisk Is Printing Money

NVIDIA and peers stand to gain as Big Tech boosts AI spending to $725B, fueling demand for chips, memory, storage and data center infrastructure.

Seagate is rising after its blockbuster Q3 earnings. Should you consider buying the stock now?