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Western Digital Corp. (NASDAQ:WDC) said artificial intelligence (AI) customers are already negotiating long-term storage agreements extending over the next five years, giving the company greater visibility into future demand as hyperscalers continue building AI infrastructure. Customers Seek Storage Agreements Through 2031 During the company’s fourth-quarter earnings call, CEO Irving Tan said Western Digital is in discussions with customers to extend long-term agreements beyond the current cycle

Western Digital (NASDAQ:WDC) reported fiscal fourth-quarter revenue and earnings above the high end of its guidance, citing strong demand for high-capacity hard disk drives, favorable pricing and growth in cloud storage needs tied to artificial intelligence workloads. For fiscal 2026, the hard driv

Micron, SanDisk, and Western Digital reported record cash flows in their most recent quarterly reports, part of which is expected to go towards buybacks.

Western Digital Corp (WDC) reports a 44% year-over-year revenue surge to $3.75 billion, with EPS more than doubling to $3.56, as AI and cloud demand fuel robust growth and margin expansion.

Most Asian markets sank on Thursday with tech firms back under pressure after a four-day rebound amid lingering AI worries, while oil rose even as Iran said it was finalising a deal with Oman over the Strait of Hormuz.Easing tensions in the Middle East and comments from Washington about a US-Iran deal to reopen the Strait of Hormuz have also helped equities this week by pushing oil prices down and tempering inflation and rate hike concerns.

By Satoshi Sugiyama TOKYO, Aug 6 (Reuters) - Asian shares took a breather on Thursday after an AI-driven surge the previous day, while oil prices traded in a tight range as markets assessed prospects

Western Digital topped quarterly earnings and revenue estimates, but a cautious outlook appeared to weigh on investor sentiment, sending the stock sharply lower in after-hours trading.

↗️ DoorDash (DASH): Revenue at the food-delivery company beat expectations in the second quarter, but profit slipped. Shares edged 1% higher in postmarket trading. ↗️ Goodyear Tire & Rubber (GT): The company swung to a second-quarter loss as lower tire sales volume combined with higher costs.

Western Digital stock was down 11% in after-hours trading after the company released its earnings report. It reported a profit of $3.2 billion, compared with $282 million a year earlier. Earnings from continuing operations were $8.

Western Digital (WDC) delivered earnings and revenue surprises of +6.27% and +1.14%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

The Dow Jones hit a new high thanks to Nvidia, but Google, SpaceX and AMD weighed on the Nasdaq. Sandisk, Western Digital fell late.

Western Digital forecast quarterly revenue slightly above Wall Street estimates on Wednesday, betting ‌on strong AI-driven demand for its hard disk ‌drives. Still, its shares dropped more than 9% in extended trading, after ​the forecast failed to impress investors even though the stock has tripled this year on expectations of sustained AI-driven growth. Memory and storage stocks have soared this year as ‌investors bet data-center ⁠demand will support pricing and fuel growth across the industry.

Investing.com -- Western Digital Corporation reported fourth quarter earnings per share of $3.56 on Wednesday, beating analyst expectations of $3.29 by $0.27. The data storage company posted revenue of $3.75 billion for the quarter, above the consensus estimate of $3.69 billion.

The hard-drive maker reports better-than-expected earnings for its fiscal fourth quarter, but guidance disappoints.

Leading data storage manufacturer Western Digital (NASDAQ: WDC) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 43.8% year on year to $3.75 billion. Guidance for next quarter’s revenue was better than expected at $4.1 billion at the midpoint, 1.5% above analysts’ estimates. Its non-GAAP profit of $3.56 per share was 7.9% above analysts’ consensus estimates.

Western Digital reported a more than elevenfold increase in its fourth-quarter profit, driven by continued strong demand for its memory technology.

Western Digital stock slid late Wednesday despite the hard-disk drive maker reporting fiscal fourth-quarter results ahead of estimates. Western Digital said its earnings climbed 109%, to $3.56 per share, for the June quarter. Western Digital and its rival Seagate Technology dominate the hard-disk drive market.

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The storage and memory maker is scheduled to report fiscal fourth-quarter financials after the stock market closes on Wednesday.

Sandisk reported earnings on Wednesday.

Micron's 9.4% monthly slide contrasts with surging AI memory demand, sold-out 2026 HBM output, soaring profits and a discounted valuation.

Stocks kicked off Wednesday's session higher, extending the week's broad rally. The S&P 500 was on pace to set another record high, up 0.6%. The Dow Jones Industrial Average rose 1.1% or 600 points, also on track for a fresh record.

8.30am: ADP jobs softens US private-sector hiring slowed to 44,000 jobs in July from 98,000 in June, missing the 65,000 forecast and pointing to cooling labour demand. The softer reading could give the Federal Reserve more scope to cut rates, weighing on Treasury yields and the dollar...

Today Federal Reserve speakers: Fed governor Lisa Cook Economic data: the Energy Information Administration’s weekly petroleum status report, U.S. services PMI, global services PMI, ADP employment survey Earnings (a.

Western Digital (WDC) is in focus ahead of its fiscal fourth quarter earnings report on August 5, with investors watching how AI driven data center demand and high capacity hard disk drives are feeding into recent stock moves. See our latest analysis for Western Digital. Western Digital has seen strong momentum ahead of earnings, with a 7 day share price return of 18.73% and a 90 day share price return of 18.25%. Its 1 year total shareholder return is very large and reflects intense interest...

Hard drive makers Sandisk and Western Digital are due to report earnings after the closing bell Wednesday.

Anyone who bought a laptop or built a gaming PC this year already felt memory prices climb. DRAM and NAND flash have gotten steadily more expensive as AI data centers absorb nearly every chip factories can produce, according to a Bloomberg analysis. On August 3, SK hynix and Sandisk released the ...

Western Digital will report results for its fiscal fourth quarter after the closing bell on Wednesday, August 5, giving investors another important read on enterprise storage demand and the ongoing AI infrastructure buildout.

SIMO is posting record revenue, expanding margins and growing AI and enterprise storage exposure as investors weigh its premium valuation.

SIMO's shares slid despite record results as AI, enterprise storage and automotive growth fuel rising revenue and another quarter of strong guidance.