Stocks turned higher on Monday afternoon to finish March on a positive note. Still, the S&P 500 ended with a 5.8% decline for March, with 69% of component stocks down for the month.
Sandisk's split from Western Digital has led to divergent stock trajectories, with SNDK soaring and WDC tanking, validating Elliott Management's push for separation. Sandisk's innovative High Bandwidth Flash (HBF) technology could revolutionize NAND applications, offering significant capacity and bandwidth advantages over traditional HBM DRAM. Despite recent financial struggles, Sandisk project...
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital (Nasdaq: WDC) announced today that it has hired Ahmed Shihab as Chief Product Officer. Shihab, a seasoned expert in cloud storage needs and requirements, most recently served as Corporate Vice President of Azure Storage at Microsoft. In this role, he led the engineering and operations teams for Object and Block storage, driving the design and d...
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC) announced today that it will redeem $1,800,000,000 aggregate principal amount of its 4.750% Senior Notes due 2026 (the “Notes”). The redemption date for the Notes is April 14, 2025 (the “Redemption Date”). The Notes will be redeemed on the Redemption Date at a redemption price equal to 100% of the principal amount bein...
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital (Nasdaq: WDC) has received the 2025 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Western Digital has been recognized seven times and is one of only 5 honorees in the Technology industry. In 2025, 136 honorees were recognized spanning 19 countrie...
MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation, a global Flash and advanced memory technology innovator, today announced that the company has completed its separation from Western Digital and is now an independent public company set to begin trading today on the Nasdaq Stock Market under the ticker symbol “SNDK.” The company's leadership team with long-time employees and Board members w...
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital (Nasdaq: WDC) announced today the successful completion of the planned separation of the company's Flash business. Earlier this month, Western Digital held its Investor Day event where the company shared its vision, strategy and plan to enable its customers to unleash the power and value of data. Looking ahead, Western Digital Chief Executive O...
Western Digital's (NASDAQ: WDC) strong Q2 2025 results have propelled its stock upward, fueled by record-breaking nearline shipments and the widespread adoption of UltraSMR (shingled magnetic recording) technology. As of February 14, the stock has surged 10% year-to-date, significantly outperforming the S&P 500's 4% gain.
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