Today: 19 July 2026
Browse Category

NYSE:WDC 22 January 2026 - 16 June 2026

Western Digital Jumps After Morgan Stanley Lifts Target on AI Storage Demand

Western Digital Jumps After Morgan Stanley Lifts Target on AI Storage Demand

Western Digital Corporation shares surged Monday, leading the S&P 500 as buyers piled into storage names with links to AI infrastructure. WDC finished at $653.53 for a gain of 16.10% after touching $658.80 in the session. Google Finance pegged its market cap at about $225 billion, with a price-to-earnings ratio of 39.03. A P/E ratio tracks share price against earnings per share; higher readings signal investors are paying up for future growth.
Western Digital stock set for Tuesday spotlight after CEO says 2026 HDD output is “pretty much sold out”

Western Digital stock set for Tuesday spotlight after CEO says 2026 HDD output is “pretty much sold out”

Western Digital could grab attention when U.S. markets open Tuesday, after a tech report over the weekend spotlighted CEO Irving Tan’s remarks to investors that the company is “pretty much sold out” of hard drives for 2026. The report noted Tan pointed to solid purchase commitments from Western Digital’s top seven customers, along with longer-term deals running through 2028.
16 February 2026
Dow Jones jumps 1% on a chip bounce as shutdown delays jobs report — what investors watch next

Dow Jones jumps 1% on a chip bounce as shutdown delays jobs report — what investors watch next

The Dow Jones Industrial Average climbed about 1% in midday trading on Monday, lifted by a bounce in chip and other heavyweight shares after a bruising slide in precious metals. At 12:09 p.m. ET, the Dow was up 490.04 points, or 1%, at 49,382.51; the S&P 500 added 45.73 points, or 0.66%, to 6,984.82 and the Nasdaq Composite gained 175.21 points, or 0.75%, to 23,637.02. “We’re heading into a new week with plenty of catalysts in front of us,” said Art Hogan of B. Riley Wealth, as Sandisk jumped 16%, Western Digital rose 7.8% and Seagate Technology gained 5.8%.
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

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.
Go toTop