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Western Digital Corp (NASDAQ:WDC) Tries to Forge Key Bottom on Bigger Data Center Bet

Western Digital Corp (NASDAQ:WDC) recently announced it is extending the breadth and depth of its data center portfolio into the rapidly evolving in-memory computing market segment. The stock has already suffered a massive decline in 2018, falling by nearly 60%. With the fast money already well-wrung out of the memory […]

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Why NetApp Inc. (NASDAQ:NTAP) Busted Under Support Levels on the Beat-and-Raise

NetApp Inc. (NASDAQ:NTAP) reported second quarter EPS, beating market expectations at $1.06 on revenues of $1.52 bln, which also beat, coming in above the midpoint of the company’s guidance. However, like a number of other cloud and data plays, the company missed the spiritual target on next-Q guidance, underwhelming hopes […]

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Wix.Com Ltd (NASDAQ:WIX) Drops Another Solid Q

Wix.Com Ltd (NASDAQ:WIX) reported upside Q3 results and provided in-line guidance. The company, based in Israel, offers a web development software platform enabling small business owners, free-lancers, and entrepreneurs to develop online outposts for their businesses. WIX offers some free products (available for registered users) with the hope that satisfied […]

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Lumentum Holdings Inc (NASDAQ:LITE) Bloodies Apple Supply Chain With New Guidance

Lumentum Holdings Inc (NASDAQ:LITE) lowered second quarter guidance significantly this morning. That’s perhaps the most well-known fact right now in the stock market when it comes to “top news this week”. In short, it didn’t fly under the radar. More specifically, the reason this news from this relatively small Milpitas […]