WS #13534
SanDisk and Western Digital beat earnings but stocks fell on guidance; thread argues positioning-driven dislocation with strong demand, suggesting buying opportunity. Fed Governor Cook's hawkish comments and rate hike expectations pressure growth stocks; markets await jobs report. SpaceX shares under pressure as lockup expiry adds supply; first earnings showed massive capex, raising AI spending sustainability concerns.
AI storage selloff dislocation
SanDisk and Western Digital beat earnings but stocks fell on guidance; thread argues positioning-driven dislocation with strong demand, suggesting buying opportunity.
Fed Governor Cook's hawkish comments and rate hike expectations pressure growth stocks; markets await jobs report.
SpaceX shares under pressure as lockup expiry adds supply; first earnings showed massive capex, raising AI spending sustainability concerns.