Benchmark downgrades Western Digital on growing FY25 concerns

Benchmark analysts downgraded Western Digital to Hold due to challenges like softening NAND pricing, reduced demand, and market share decline affecting fiscal 2025 performance.

Western Digital stock falls on Micron's gloomy outlook

Western Digital shares fell 4% due to Micron's disappointing earnings forecast, raising concerns about demand in the semiconductor sector, impacting related stocks.

Kioxia's shares rise in debut, valuing Japan chipmaker at $5.3 billion

Kioxia shares surged 6% in their IPO debut, valuing the firm at $5.34 billion, amid strong demand and challenging market conditions for memory chip manufacturers.

Western Digital faces headwinds, shares drop

Western Digital shares fell 6.9% as executives forecasted challenges ahead due to pricing issues, while the company remains hopeful for market recovery by 2025.

Micron shares benefit from South Korea martial law situation - analyst

Lynx Equity Strategies highlights Micron Technology as a potential beneficiary from rising memory prices following South Korea's martial law, maintaining a $110 price target despite challenges.

Hedge funds cut exposure to Semis, rotate into Cyclicals, says Goldman

Thailand would benefit from any U.S-China trade war, says minister

Thailand may benefit economically from the U.S.-China trade war due to good relations with both, potentially increasing Thai exports to the U.S. and attracting more U.S. investments.

Earnings call: Western Digital reports growth with $4.1 billion revenue in Q1

Western Digital's fiscal Q1 2025 results show $4.1B revenue, $1.78 EPS, and growth in Flash/HDD segments, amid strategic separation of businesses and positive future outlook.

Futures rise as Treasury yields fall; indexes set for weekly losses

After-hours movers: Capri Holdings, Skechers, DexCom, Western Digital and more

The article discusses after-hours stock movements for several companies, highlighting significant gains and losses, including Capri Holdings' drop and Deckers Brands' rise.