Deal | WD Black SN850X 1TB SSD now discounted by 47% The superfast PCIe 4.0 SSD from Western Digital is one of the best-...

Best Buy has a compelling deal for the 1TB variant of the well-performing WD Black SN850X (Image: Western Digital) The superfast PCIe 4.0 SSD from Western Digital is one of the best-performing storage solutions on the consumer market, and thanks to a …

Western Digital raises $900m from Apollo & Elliott ahead of potential Kioxia merger

Data storage company Western Digital has raised $900 million from private equity funds Apollo Global Management and Elliott Investment Management. The sale of convertible preferred stock comes as Western Digital looks set to try to spin off its flash …

Apollo Global leads $900m investment in computer drive maker Western Digital

Western Digital Corporation (NASDAQ:WDC) Q2 2023 Earnings Call Transcript

Western Digital Corporation (NASDAQ:WDC) Q2 2023 Earnings Call Transcript January 31, 2023 Operator: Good afternoon, and thank you for standing by. Welcome to the Western Digital Fiscal Second Quarter 2023 Conference Call. Presently, all participants are …

Western Digital Gross Margins Vulnerable To Pricing, Minimal Cost-Down, Analyst Says

Mizuho analyst Vijay Rakesh maintained Western Digital Corp WDC with a Neutral and lowered the price target from $38 to $35. WDC reported in-line December quarter.  Cloud (~39% of revenue) was down 33% Q/Q, with softer capacity enterprise drives, while …

Western Digital raises $900M ahead of potential Kioxia merger

Apollo And Elliott Invest $900M In Western Digital; Likely To Aid In Evaluating Strategic Alternatives

Apollo Global Management, Inc APO and Elliott Management Corp purchased $900 million of convertible preferred stock of Western Digital Corp WDC. The investment strengthens Western Digital's financial position and flexibility as it reviews strategic …

Western Digital stock slips on another weak forecast, analysts blame NAND weakness

By Senad Karaahmetovic Western Digital Corporation (NASDAQ:WDC) shares are down about 4.5% in pre-open Wednesday after the company reported worse-than-expected FQ2 results and offered a soft forecast for this quarter. Western reported a loss per share of $ …

Electronic Arts, Western Digital And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

by Lisa Levin, Benzinga Editor February 1, 2023 6:23 AM | 1 min read U.S. stock futures traded lower this morning. Here are some big stocks recording losses in today’s pre-market trading session. Snap Inc. SNAP shares dipped 14.6% to $9.87 in pre-market …

Western Digital to Get $900 Million Investment From Apollo, Elliott

(Bloomberg) -- Western Digital Corp. is receiving a $900 million investment led by Apollo Global Management Inc., getting financial firepower at a tough time for the memory industry that could see further consolidation. The chipmaker’s stock fell 6% in …