Western Digital is a leading provider of data storage solutions, specializing in hard drives, solid-state drives, and cloud storage services. The company designs, manufactures, and sells a variety of storage devices for personal and enterprise use, catering to the needs of consumers, businesses, and data centers around the globe. With a focus on innovation, Western Digital continually develops advanced technologies to enhance data management and security, enabling users to store and access their information efficiently and reliably. The company plays a vital role in the digital economy, powering everything from personal computing and gaming to large-scale enterprise applications. Read More
Essential to cloud data center infrastructure, hard disk drives (HDDs) are complex devices that blend material science, mechanical engineering and physics. As part of its innovation, HDDs use a range of rare earth elements (REEs) like Neodymium (Nd), Praseodymium (Pr) and Dysprosium (Dy), prized for their magnetic properties to help HDDs precisely read and write data. Yet, traditional recycling methods recover only a fraction of these valuable materials, often missing rare earths entirely, leading to unnecessary waste.
Western Digital Corp. (Nasdaq: WDC) plans to announce its third quarter fiscal year 2025 financial results before the market opens on Wednesday, April 30, 2025. The company will host a conference call with the investment community to discuss these results on April 30, 2025, at 5:30 a.m. Pacific / 8:30 a.m. Eastern. A live audio webcast and a webcast replay of the conference call will be available at investor.wdc.com.
The US market is yet to commence its session on Friday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
Benchmark analyst upgrades Western Digital (WDC) to Buy with $55 price target, citing attractive valuation, expected data center growth and AI opportunities.
Stay informed about the performance of the S&P500 index in the middle of the day on Tuesday. Uncover the top gainers and losers in today's session for valuable insights.
U.S. stocks staged a broad-based rally on Monday, snapping a volatile losing streak after President Donald Trump hinted at a more diplomatic approach to tariff negotiations.
Several large-cap stocks, mainly in technology, saw significant declines this week due to macro and supply chain uncertainties. Are they in your portfolio?
Shares of leading data storage manufacturer Western Digital (NASDAQ: WDC)
fell 10.5% in the afternoon session after China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was especially rough for the US chipmakers because a big chunk of their business leans on demand out of China. The new tariffs not only threaten to erode profit margins but also risk reducing market share.
What a brutal six months it’s been for Western Digital. The stock has dropped 39.5% and now trades at a new 52-week low of $40.41, rattling many shareholders. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
The market downturn has investors questioning if it's temporary or a prolonged bear market. An indicator suggests significant upside potential across the board, with stocks like Nvidia and Tesla ranking high. Analysts see potential gains for stocks like Caesars, Western Digital, United and Delta.
Western Digital (Nasdaq: WDC) announced today that it has hired Ahmed Shihab as Chief Product Officer. Shihab, a seasoned expert in cloud storage needs and requirements, most recently served as Corporate Vice President of Azure Storage at Microsoft. In this role, he led the engineering and operations teams for Object and Block storage, driving the design and development of Microsoft's cloud storage solutions. As Western Digital’s new Chief Product Officer, Shihab is responsible for leading product strategy and engineering as the company accelerates innovation and development of HDD products and solutions.
