WDC News and Press, Western Digital Corporation From 02/09/22

Western Digital Corp. (Nasdaq: WDC) today announced that contamination of certain material used in its manufacturing processes has occurred and is affecting production operations at both its Yokkaichi and Kitakami joint venture, flash fabrication facilities. Western Digital’s...

Shares of Western Digital (NASDAQ: WDC) fell by 20.7% in January, according to data from S&P Global Market Intelligence . Tech stocks, even those in the booming semiconductor sector, largely fell last month as inflation remained hot, leading investors to react to the loo...

The expected continuation of hybrid working and the digitization trend should keep driving the demand for computer hardware. Therefore, Western Digital (WDC) and Seagate Technology (STX) should benefit. But which of these two stocks is a better buy now? Read more to find out. Even though...

The computer hardware market is expected to thrive as organizations continue to create remote IT setups for their employees. Shares of data storage devices and solutions provider Western Digital (WDC) garnered significant investors’ attention but may not have any further upside left du...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

Investors were hoping that stocks would regain their footing on Friday morning, but major market benchmarks still trended slightly lower in choppy trading. As of 10:15 a.m. ET, the Nasdaq Composite Index (NASDAQINDEX: ^IXIC) was close to the break-even point, down just 6 points to 1...

Image source: The Motley Fool. Western Digital (NASDAQ: WDC) Q2 2022 Earnings Call Jan 27, 2022 , 4:30 p.m. ET Operator Continue reading For further details see: Western Digital (WDC) Q2 2022 Earnings Call Transcript

Company Names Wissam Jabre as Executive Vice President and Chief Financial Officer Western Digital Corp. (Nasdaq: WDC) (“Western Digital” or the “Company”) today announced that Wissam Jabre will assume the role of Western Digital’s Executiv...

News Summary Second quarter revenue was $4.83 billion, up 23% year-over-year (YoY). Cloud revenue increased by 89%, Client revenue declined by 1%, and Consumer revenue remained flat YoY. Second quarter GAAP earnings per share (EPS) was $1.79 and non-GAAP EPS was $2.30. Non...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...