Today: 6 July 2026

Western Digital stock whipsaws after earnings as Seagate effect keeps AI storage trade in focus

Western Digital stock whipsaws after earnings as Seagate effect keeps AI storage trade in focus

SAN JOSE, Calif., Jan 29, 2026, 13:35 Western Digital reported a 25% rise in quarterly revenue and projects fiscal third-quarter sales near $3.2 billion, driven by steady demand for its high-capacity hard drives in data centers. The company posted adjusted earnings of $2.13 per share and free cash flow of $653 million for the quarter ending Jan. 2. Shares slipped about 0.5% in after-hours trading.
Visa crushes earnings estimates on holiday spending — but the stock still slips after hours

Visa crushes earnings estimates on holiday spending — but the stock still slips after hours

Visa beat expectations with its fiscal first-quarter earnings and revenue, buoyed by stronger cardholder spending, though shares dipped in after-hours trading. The payments giant posted adjusted earnings of $3.17 per share on revenue of $10.9 billion, topping estimates. Still, the stock fell roughly 1.4% following the release. The report arrives as investors seek clear signals on consumer activity. Visa’s network, used by billions daily, serves as a barometer for spending. Its payments volume often provides a fast snapshot of cash flow through households and businesses.
Robinhood puts money into Talos at a $1.5 billion valuation as crypto trading plumbing draws fresh backers

Robinhood puts money into Talos at a $1.5 billion valuation as crypto trading plumbing draws fresh backers

Robinhood Markets is boosting its stake in crypto trading tech firm Talos through a funding round that sets the company’s valuation near $1.5 billion. This move highlights the retail broker’s push further into the digital-asset trading infrastructure. https://www.coindesk.com/business/2026/01/29/robinhood-is-investing-in-crypto-trading-platform-talos-at-usd1-5-billion-valuation The deal is significant now as the crypto battle moves away from flashy tokens toward execution quality — focusing on liquidity, spreads, and settlement. Robinhood earned its reputation on smooth, low-friction trading, and upgrading its infrastructure is a key step to keep users active when markets turn volatile.
SanDisk stock jumps after blowout earnings as AI data-center demand lifts outlook

SanDisk stock jumps after blowout earnings as AI data-center demand lifts outlook

Sandisk shares surged in after-hours trading Thursday following a strong quarterly profit report and a forecast of significant revenue growth, driven by rising demand for AI-related storage. These results carry weight as Wall Street has been loading up on storage and memory stocks linked to the AI surge, wagering that spending on cloud and datacenters will continue to drive up NAND flash memory prices for solid-state drives.
Nvidia stock price in focus as CEO flags China H200 licence; OpenAI funding talks swirl

Nvidia stock price in focus as CEO flags China H200 licence; OpenAI funding talks swirl

NEW YORK, Jan 29, 2026, 16:08 — After-hours Nvidia shares edged up 0.2% to $191.94 late Thursday in New York, after trading between $186.08 and $193.41 earlier. CEO Jensen Huang, speaking in Taipei, said the “actual license” for the company’s H200 AI chip in China is “being finalised.” He added that Nvidia needs “orders” before it can coordinate supply with manufacturing partner TSMC and noted tight chip packaging capacity.
Denali Therapeutics stock price rises as FDA freezes rival Regenxbio’s Hunter syndrome gene therapy trials

Denali Therapeutics stock price rises as FDA freezes rival Regenxbio’s Hunter syndrome gene therapy trials

New York, Jan 29, 2026, 15:20 EST — Regular session • Denali Therapeutics shares climbed in afternoon trading, gaining ground while the broader biotech sector remained flat.• Attention intensified following the FDA’s decision to halt Regenxbio’s rare-disease gene therapy trials.• Investors are now zeroed in on Denali’s FDA timeline for its Hunter syndrome treatment and the data update expected in early February.

Stock Market Today

  • CoreWeave sinks 15% with Meta cloud plan and Nasdaq-100 slide
    July 5, 2026, 6:55 PM EDT. CoreWeave (NASDAQ:CRWV) shares tumbled 15.4% to $81.75 on the last session before the July 3 U.S. holiday. The drop comes even though the stock is part of the Nasdaq-100, but CoreWeave has lost 26.5% since it joined that index on June 22. Worries grew after Meta Platforms (NASDAQ:META) was reported to be developing its own cloud service to sell extra AI compute, which could compete with CoreWeave. Meta is a critical client: its contracts make up 82% of CoreWeave's $43.1 billion market cap and represent $35.2 billion in deals through 2032. CoreWeave has a $99.4 billion revenue backlog-over twice its market value. The possibility of Meta handling internal AI compute on its own is weighing on CoreWeave's shares as investors fret over its reliance on a single big customer.
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