Notícias

Barchart16d agoneutral

Seagate Technology Stock Has Everyone Talking About AI Tokens. What Does That Mean?

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

Investor's Business Daily16d agobullish

Red-Hot AI Stock Western Digital Slides Despite Earnings Beat. Here's Why.

Western Digital stock fell Friday after the data storage company that recently rebranded as WD reported fiscal third-quarter results. The San Jose, Calif.-based WD said that it earned an adjusted $2.72 per share for the April 3-ended quarter, up 97% from a year earlier. WD and its rival Seagate dominate the market for hard-disk drives.

Reuters17d agoneutral

Sandisk joins Western Digital, Seagate in signaling strong AI storage demand

Sandisk forecast quarterly revenue above estimates on Thursday, joining peers Western Digital and Seagate in signaling ‌that enterprise spending on data storage products used in artificial intelligence ‌data centers remains strong. Sandisk shares, which have risen about 350% this year, fell over 6% in extended trading, following a sharp AI-driven rally in storage stocks earlier this week sparked by Seagate's strong forecast. Western Digital, whose shares have more than doubled this year, also slipped nearly 8% even as it forecast quarterly revenue ‌above estimates.

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