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‘Warsh Fooled Trump’ and the Market Is Already Reacting
24/7 Wall St.67d agoneutral
‘Warsh Fooled Trump’ and the Market Is Already Reacting

Markets spend a lot of time trying to predict what central bankers will do next. Sometimes they get it right. Other times they build an entire narrative around an assumption that turns out to be wrong. That appears to be happening with Federal Reserve Chair Kevin Warsh. When President Trump nominated him to lead the ... ‘Warsh Fooled Trump’ and the Market Is Already Reacting

SanDisk Jumps 11%, Western Digital Rises 7% After Apple Flags “Unavoidable” Memory Price Hikes
24/7 Wall St.67d agobullish
SanDisk Jumps 11%, Western Digital Rises 7% After Apple Flags “Unavoidable” Memory Price Hikes

SanDisk (NASDAQ:SNDK) stock is surging in Thursday trading, up 11% to $2,170. Western Digital (NASDAQ:WDC) stock is also flying, up 7% to roughly $764. The catalyst landed before the open and hit memory and storage names broadly. The trigger came from Apple (NASDAQ:AAPL) CEO Tim Cook, who told the Wall Street Journal that surging memory ... SanDisk Jumps 11%, Western Digital Rises 7% After Apple Flags “Unavoidable” Memory Price Hikes