

Alphabet blows past earnings

Western Digital's AI storage focus and stronger financial footing make it stand out against Super Micro as both target the booming AI infrastructure market.

Memory stocks gained in premarket trading Thursday as investors continued to favor companies expected to benefit from strong artificial intelligence infrastructure spending and tight memory supply.

Shares of Genpact fell as investors questioned the pace at which the company can translate its investments in AI into meaningful revenue acceleration. Permian Resources detracted from performance as energy stocks weakened following a decline in crude oil prices. Ralliant rallied following a strong earnings report in which organic revenue grew nearly 9%, well above expectations, driven by strength across both the Sensors & Safety Systems and Test & Measurement segments.

Class A shares of the Alger Capital Appreciation Fund outperformed the Russell 1000 Growth Index during the second quarter of 2026. Nebius Group has positioned itself as a leading next-generation cloud provider purpose-built for machine learning and high-performance computing workloads. Netflix's shares detracted from performance during the quarter despite first-quarter results that beat on revenue and held full-year guidance intact.

A leaked report about SK Hynix eyeing Intel's massive Ohio chip campus sent shares swinging, but a swift denial only tells part of the story behind today's volatile session.

AI stock volatility has created discounts from 52-week highs. SNDK, WDC and CIEN stand out with strong growth drivers and upside potential.

Balefire LLC bought a new position in Western Digital Corporation (NASDAQ: WDC) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 954 shares of the data storage provider's stock, valued at approximately $258,000. Several other hedge funds have also added to or reduced
SEC filings for WDC aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.