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Western Digital Corp (NASDAQ: WDC ) stock is falling on Thursday, due to a broad, sector-wide selloff in semiconductor and artificial intelligence (AI) memory stocks driven by massive profit-taking. The Nasdaq is down 0.92% while the S&P 500 has shed 0.11%. • Western Digital stock is showing notable weakness. Why is WD
Astera Labs Inc. (NASDAQ: ALAB ) stock traded lower on Thursday, driven by a combination of profit-taking, heavy insider selling, and global semiconductor sector volatility. Nasdaq futures are down 1.02% while S&P 500 futures have shed 0.38%. The Thursday decline follows a turbulent week for the fabless chip company. O
This week, International Business Machines Corporation (NYSE: IBM ) shares took a hit following the news surrounding its preliminary second-quarter results, which fell short of expectations. This disappointing performance was attributed to a shift in client capital spending and execution issues, marking the worst singl
Lucid Group Inc. (NASDAQ: LCID ) CEO Silvio Napoli on Wednesday slammed rumors of the automaker filing for bankruptcy following reports. Reports of Bankruptcy are Far From the Facts, Silvio Napoli Says The automaker’s CEO took to the social media platform LinkedIn, saying that the company did not generally “comment on