Western Digital Sells $3B Sandisk Stake at Discount to Cut Debt
Western Digital is selling about $3.1 billion worth of Sandisk shares at a discount to reduce debt before a tax deadline.
Western Digital is selling about $3.1 billion worth of Sandisk shares at a discount to reduce debt before a tax deadline.
Mizuho upgrades Palantir stock to Outperform with a $195 price target, calling its growth unmatched in software after a sharp valuation drop early in 2026 makes the risk/reward very appealing.
Nvidia and Meta announce a major multiyear partnership to supercharge Meta's AI with millions of advanced chips, standalone CPUs, and networking tech—driving stock gains for NVDA and META while pressuring rivals.
Palo Alto Networks delivered strong Q2 results with 15% revenue growth, but its FY2026 and Q3 EPS guidance came in below Wall Street expectations.
Applied Materials shares jump 11% after strong Q1 results and upbeat Q2 outlook, driven by AI chip needs. Revenue hit $7.01B, with Q2 expected at $7.65B amid booming demand for memory and advanced tech.
Arista Networks reports stellar Q4 2025 results with record revenue and profits, driven by AI demand. Shares jump 15% on upbeat Q1 guidance.