Western Digital forecast second-quarter earnings above Wall Street estimates on Thursday, betting on higher demand for its data storage products as cloud providers increase data center capacity.

Western Digital has significantly outpaced the broader market over the past year, and analysts remain strongly bullish on the stock’s prospects. However, the stock is currently trading above its mean ...

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Convertible issuance was exceptionally robust over the quarter, and we expect a favorable issuance environment to continue.

As the spread of artificial intelligence (AI) drives up demand for HBM (high-bandwidth memory) and general-purpose DRAM, ...