StreetInsider.com News Articles

Evercore sees strong June quarter for IT hardware amid AI demand

Thu, 16 Jul 2026 06:06:36 -0400

Investing.com -- Evercore said the outlook for IT hardware and networking companies remains positive heading into June quarter earnings, with strong demand but attention on how long the strength will last and the effect of component pricing.

The firm said the main factors driving performance are stronger demand and better visibility into AI infrastructure buildouts. Most companies are expected to build backlog as demand exceeds supply.

On component pricing, memory costs continue to rise and original equipment manufacturers have been passing most of that through to customers via pricing. The focus will be on whether this creates a gross margin pressure for

Evercore sees strong June quarter for IT hardware amid AI demand

Thu, 16 Jul 2026 06:06:36 -0400

The firm said the main factors driving performance are stronger demand and better visibility into AI infrastructure buildouts. Most companies are expected to build backlog as demand exceeds supply.

Evercore sees strong June quarter for IT hardware amid AI demand

Thu, 16 Jul 2026 06:06:36 -0400

The firm said the main factors driving performance are stronger demand and better visibility into AI infrastructure buildouts. Most companies are expected to build backlog as demand exceeds supply.

Evercore sees strong June quarter for IT hardware amid AI demand

Thu, 16 Jul 2026 06:06:36 -0400

The firm said the main factors driving performance are stronger demand and better visibility into AI infrastructure buildouts. Most companies are expected to build backlog as demand exceeds supply.

Evercore sees strong June quarter for IT hardware amid AI demand

Thu, 16 Jul 2026 06:06:36 -0400

The firm said the main factors driving performance are stronger demand and better visibility into AI infrastructure buildouts. Most companies are expected to build backlog as demand exceeds supply.

Evercore sees strong June quarter for IT hardware amid AI demand

Thu, 16 Jul 2026 06:06:36 -0400

The firm said the main factors driving performance are stronger demand and better visibility into AI infrastructure buildouts. Most companies are expected to build backlog as demand exceeds supply.

Evercore sees strong June quarter for IT hardware amid AI demand

Thu, 16 Jul 2026 06:06:36 -0400

The firm said the main factors driving performance are stronger demand and better visibility into AI infrastructure buildouts. Most companies are expected to build backlog as demand exceeds supply.

Evercore sees strong June quarter for IT hardware amid AI demand

Thu, 16 Jul 2026 06:06:36 -0400

The firm said the main factors driving performance are stronger demand and better visibility into AI infrastructure buildouts. Most companies are expected to build backlog as demand exceeds supply.

Evercore sees strong June quarter for IT hardware amid AI demand

Thu, 16 Jul 2026 06:06:36 -0400

The firm said the main factors driving performance are stronger demand and better visibility into AI infrastructure buildouts. Most companies are expected to build backlog as demand exceeds supply.

Evercore sees strong June quarter for IT hardware amid AI demand

Thu, 16 Jul 2026 06:06:36 -0400

The firm said the main factors driving performance are stronger demand and better visibility into AI infrastructure buildouts. Most companies are expected to build backlog as demand exceeds supply.

Evercore sees strong June quarter for IT hardware amid AI demand

Thu, 16 Jul 2026 06:06:36 -0400

The firm said the main factors driving performance are stronger demand and better visibility into AI infrastructure buildouts. Most companies are expected to build backlog as demand exceeds supply.

Evercore sees strong June quarter for IT hardware amid AI demand

Thu, 16 Jul 2026 06:06:36 -0400

The firm said the main factors driving performance are stronger demand and better visibility into AI infrastructure buildouts. Most companies are expected to build backlog as demand exceeds supply.

WD to Announce Fourth Quarter and Fiscal Year 2026 Financial Results on August 5, 2026

Mon, 13 Jul 2026 16:45:00 -0400

SAN JOSE, Calif.--(BUSINESS WIRE)-- Western Digital Corporation (Nasdaq: WDC) plans to announce its fourth quarter and fiscal year 2026 financial results after the market closes on Wednesday, August 5, 2026. The company will host a conference call with the investment community to discuss these results on August 5, 2026, at 1:30 p.m. Pacific / 4:30 p.m. Eastern. A live audio webcast and a webcast replay of the conference call will be available at investor.wdc.com.

About WD

WD, also known as Western Digital, builds the storage infrastructure that powers certainty in the AI-driven data economy. At

WD to Announce Fourth Quarter and Fiscal Year 2026 Financial Results on August 5, 2026

Mon, 13 Jul 2026 16:45:00 -0400

About WD

WD, also known as Western Digital, builds the storage infrastructure that powers certainty in the AI-driven data economy. At

WD to Announce Fourth Quarter and Fiscal Year 2026 Financial Results on August 5, 2026

Mon, 13 Jul 2026 16:45:00 -0400

About WD

WD, also known as Western Digital, builds the storage infrastructure that powers certainty in the AI-driven data economy. At

WD to Announce Fourth Quarter and Fiscal Year 2026 Financial Results on August 5, 2026

Mon, 13 Jul 2026 16:45:00 -0400

About WD

WD, also known as Western Digital, builds the storage infrastructure that powers certainty in the AI-driven data economy. At

Agenus rises premarket; Micron, Western Digital slide

Mon, 13 Jul 2026 06:33:47 -0400

Investing.com - U.S. stock futures were mixed on Monday as investors monitored a sharp selloff across the global memory-chip sector and assessed developments in the biotechnology space.

Semiconductor stocks came under broad pressure after a steep decline in South Korean memory-chip makers spilled over into U.S.-listed peers, while biotech names gained on fresh financing announcements.

S&P 500 Futures fell 0.25% by 05:45 ET. Nasdaq 100 Futures slid 0.9%, while Dow Jones Futures inched 0.12%.

Here are some of the biggest premarket U.S. stock movers today:

Agenus surged 13% after the biotechnology company announced an $85 million private placement led by Commodore Capital, with participation from several life sciences investors. The

Agenus rises premarket; Micron, Western Digital slide

Mon, 13 Jul 2026 06:33:47 -0400

Investing.com - U.S. stock futures were mixed on Monday as investors monitored a sharp selloff across the global memory-chip sector and assessed developments in the biotechnology space.

S&P 500 Futures fell 0.25% by 05:45 ET. Nasdaq 100 Futures slid 0.9%, while Dow Jones Futures inched 0.12%.

Here are some of the biggest premarket U.S. stock movers today:

Agenus surged 13% after the biotechnology company announced an $85 million private placement led by Commodore Capital, with participation from several life sciences investors. The

Agenus rises premarket; Micron, Western Digital slide

Mon, 13 Jul 2026 06:33:47 -0400

Investing.com - U.S. stock futures were mixed on Monday as investors monitored a sharp selloff across the global memory-chip sector and assessed developments in the biotechnology space.

S&P 500 Futures fell 0.25% by 05:45 ET. Nasdaq 100 Futures slid 0.9%, while Dow Jones Futures inched 0.12%.

Here are some of the biggest premarket U.S. stock movers today:

Agenus surged 13% after the biotechnology company announced an $85 million private placement led by Commodore Capital, with participation from several life sciences investors. The

Western Digital (WDC) call put ratio 1 call to 1 put

Mon, 13 Jul 2026 06:27:38 -0400

Western Digital (NASDAQ: WDC) 30-day option implied volatility is at 105; compared to its 52-week range of 33 to 112. Call put ratio 1 call to 1 put into share price lower before the bell.

Western Digital Corp. (WDC) PT Raised to $800 at Citi

Mon, 13 Jul 2026 04:58:09 -0400

Citi analyst Asiya Merchant raised the price target on Western Digital Corp. (NASDAQ: WDC) to $800.00 (from $685.00) while maintaining a Buy rating.

Western Digital (WDC) call put ratio 1 call to 1 puts with a focus on July options

Fri, 10 Jul 2026 10:13:23 -0400

Western Digital (NASDAQ: WDC) 30-day option implied volatility is at 108; compared to its 52-week range of 33 to 112. Call put ratio 1 call to 1 puts with a focus on July options.

Western Digital Corp. (WDC) PT Raised to $730 at Wells Fargo

Fri, 10 Jul 2026 05:40:52 -0400

(Updated - July 10, 2026 5:40 AM EDT)

Wells Fargo analyst Aaron Rakers raised the price target on Western Digital Corp. (NASDAQ: WDC) to $730.00 (from $575.00) while maintaining a Overweight rating.

The analyst comments "Increase Estimates (See Tables Below) WDC: We increase CY26 & CY27 rev / GM% / EPS ests to $15.5B / 53.6% / $14.60 and $20.9B / 60.4% / $24.50, respectively; initiate CY28 est at $27.4B / 65.1% / $36.50. Our CY27 & CY28 ests are now ~6.5% / ~16% above Street ests. STX: We increase CY26 & CY27 rev / GM% / EPS ests to $14.3B /

Western Digital Corp. (WDC) PT Raised to $730 at Wells Fargo

Fri, 10 Jul 2026 05:40:52 -0400

(Updated - July 10, 2026 5:40 AM EDT)

Wells Fargo analyst Aaron Rakers raised the price target on Western Digital Corp. (NASDAQ: WDC) to $730.00 (from $575.00) while maintaining a Overweight rating.

Western Digital (WDC) call put ratio 1 call to 1.4 puts on 60K contracts

Fri, 10 Jul 2026 04:43:03 -0400

Western Digital (NASDAQ: WDC) 30-day option implied volatility is at 110; compared to its 52-week range of 33 to 112. Call put ratio 1 call to 1.4 puts on 60K contracts.