WDC News and Press, Western Digital Corporation From 10/03/22

Summary Western Digital is a leader in hard drives and flash memory. The company announced mixed financial results for the fiscal fourth quarter, beating adjusted earnings but missing revenue estimates. The PC industry is going through a cyclical downturn, but Data Center grow...

Western Digital ( WDC ) shares rose on Friday even as investment firm Benchmark cut estimates for fiscal 2023 on worries over a deterioration in business conditions, rising inventories and lower NAND pricing, following Micron's ( MU ) fourth-quarter report and outlook . ...

Summary We end the July quarter having written about 20 of our favorite semiconductor names, and this article studies how our ratings played out. We got a lot of backlash on our bearish stance on, NVDA, AMD, WDC, and MU, among others, but the stocks did drop, consistent with our b...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Charles Knowles / Shutterstock.com Micron (NASDAQ: MU ) stock is in focus today after Mizuho Securities downgraded shares . Among the negative factors cited by the firm were “slowing […] dem...

Western Digital ( WDC ) shares slipped on Tuesday as Deutsche Bank downgraded the hard disk drive manufacturer and data storage company, noting it has an "uncertain" path towards recovery. Analyst Sidney Ho lowered his rating on Western Digital ( WDC ) shares to hold from bu...

Shares of hard disk drive and NAND flash chip producer Western Digital (NASDAQ: WDC) slid 13.8% this week, eclipsing the decline of the tech market overall. All stocks, and especially technology stocks, took a big hit after Tuesday's consumer price index (CPI) came in hotter tha...

Western Digital Corporation (WDC) Goldman Sachs Communacopia + Technology Conference September 12, 2022 12:15 PM ET Company Participants Dave Goeckeler – Chief Executive Officer Wissam Jabre – Executive Vice President and Chief Financial Officer C...

Summary The running narrative is Nvidia's poor quarter and terrible guidance is due mainly - and even solely - to crypto mining falling off. However, it doesn't line up when compared to the 2018 crypto crash and 2021's China ban. The retail crash found in nearly every other se...

Western Digital Corporation (WDC) Evercore ISI 2nd Annual TMT Conference September 8, 2022 1:30 PM ET Company Participants David Goeckeler - Chief Executive Officer Wissam Jabre - Chief Financial Officer Conference Call Participants C.J. Muse - Evercore I...

Western Digital Corporation (WDC) Citi 2022 Global Technology Conference September 7, 2022 12:15 PM ET Company Participants Wissam Jabre – Chief Financial Officer David Goeckeler – Chief Executive Officer Conference Call Participants Jim Suv...