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by Giorgi Kostiuk
2 years ago

Other news
Iran Denies Ceasefire Request Amid Ongoing Conflict

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Bernstein Upgrades Western Digital to Outperform

Bernstein has upgraded Western Digital's stock rating from Market Perform to Outperform, raising its price target from 170 to 340, amid concerns about Google's TurboQuant technology.

Druckenmiller Shifts Focus from Semiconductors to Cloud Giants

Stanley Druckenmiller has liquidated his positions in Nvidia and Palantir, redirecting capital towards Alphabet and Amazon.

Bernstein Projects Strong Revenue Growth for Storage Industry

Bernstein has adopted a more optimistic outlook for the storage industry, projecting that Western Digital and Seagate will achieve a combined revenue compound annual growth rate of 24% from fiscal years 2025 to 2030.

Technology Sector Loses Leadership Role Amid Rising Yields

The technology sector faced challenges in Q1 2026 as rising yields diminished its leadership role in the market.

Lamb Weston Holdings, Inc. Adjusts Fiscal 2026 Projections Amid Margin Headwinds

Lamb Weston revised its fiscal 2026 projections, anticipating net sales between $6.45 billion and $6.55 billion while emphasizing expense management.

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