Western Digital Corporation (WDC) is Attracting Investor Attention: Here is What You Should Know — Aug 30th, 2024

Western Digital (WDC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this maker of hard drives for businesses and personal co...

3 AI-Driven Storage Device Stocks in Focus to Maximize Your Returns — Sep 6th, 2024

The computer storage devices industry players are well-poised to gain from solid momentum in cloud computing, Internet of Things (IoT), auto, connected devices, virtual reality and Artificial Intelligence (AI) in the long run. Per a report from Gartner, worldwide IT spending is projected ...

Why Should You Add Western Digital Corp. (WDC) to Your Portfolio? — Sep 7th, 2024

Parnassus Investments, an investment management company, released the “Parnassus Mid Cap Fund” second quarter 2024 investor letter. A copy of the letter can be downloaded here. In the second quarter, the Fund (Investor Shares) declined -5.80% (net of fees) underperforming the Russell M...

Why Is Western Digital (WDC) Up 4.1% Since Last Earnings Report? — Aug 30th, 2024

It has been about a month since the last earnings report for Western Digital (WDC). Shares have added about 4.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Western Digital due for a pullback? Before...

Western Digital's (WDC) Thailand Project Reportedly Gets Approval — Aug 26th, 2024

Western Digital Corporation's WDC latest investment of 23.5 billion baht ($693 million) to expand its manufacturing capabilities in Thailand has been approved by the nation’s Board of Investment (“BOI”), according to a Reuters report. Per the report, BOI added that the investment...

Why Is Teradata (TDC) Up 10.8% Since Last Earnings Report? — Sep 4th, 2024

A month has gone by since the last earnings report for Teradata (TDC). Shares have added about 10.8% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Teradata due for a pullback? Before we dive into how i...

Intel should exit the foundry business, Citi says — Sep 5th, 2024

Investing.com -- At the Citi TMT Conference on Tuesday, Intel (NASDAQ:INTC) provided updates on its cost-saving initiatives, its manufacturing strategy, and the state of the PC market. Notably, the company also mentioned that it expects to generate significant foundry revenue by 2025. “...

3 Undervalued Stocks With Discounts Up To 41.4% — Sep 2nd, 2024

As global markets navigate mixed performance and subdued inflation, investors are increasingly turning their attention to value stocks, which have recently outperformed growth shares. In this environment, identifying undervalued stocks can be a strategic move for those looking to capitaliz...

Thailand approves Western Digital's $693 million investment project — Aug 26th, 2024

BANGKOK (Reuters) - Thailand has approved Western Digital's 23.5 billion baht ($693 million) project to expand hard disk production in the country, Thailand's Board of Investment (BOI) said on Monday, as cloud technology and data centre demand grows. The investment would boost the Thai ec...

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.55% — Aug 30th, 2024

Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Consumer Services, Consumer Goods and Industrials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.55% to hit a new all time high, while the S&P 500 index added 1....

Is Western Digital Corporation (WDC) the Best Affordable Tech Stock to Buy According to Analysts? — Aug 28th, 2024

We recently published a list of 10 Best Affordable Tech Stocks to Buy According to Analysts. In this article, we are going to take a look at where Western Digital Corporation (NASDAQ:WDC) stands against the other affordable tech stocks. Undoubtedly, technology continues to change rapidly...