Western Digital, SanDisk and Stocks Slump
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Strong earnings from Sandisk and Western Digital were not enough to satisfy investors, raising questions about whether capital is beginning to rotate from AI winners into crypto.
Memory stocks are cratering despite blockbuster earnings, and the reason reveals something uncomfortable about how much of the AI storage boom traders had already priced in before Thursday's open.
Sandisk Corporation posts big Q4 earnings and revenue beats, but shares dip on softer guidance. Click for more on SNDK and see if it is right for you.
Honeywell Aerospace HONA shares plunged about 20% on Thursday after the newly independent aerospace and defense supplier reported weaker-than-expected second-quarter results and sharply reduced its full-year guidance,
Memory stocks are staging a violent reversal after their worst month in years, and a brand-new industry standard from rival chipmakers may have just changed the rules of the AI storage race.
Honeywell Aerospace stock fell over 20% after the company slashed its 2026 guidance by $300M, blaming a precision casting shortage that forces scarce parts toward Boeing and Airbus OEM lines and away from higher-margin aftermarket sales.