WS #14030
Sandisk investor day targeting ~80% gross margins lifts memory complex (MU, WDC); AMAT beats but stock falls ~4% after hours. Silver Lake in talks to take Workday private at $43B valuation, stock jumps ~17-19%. Cerebras reports major Q2 miss (EPS -$2.98 vs -$1.41 expected), stock falls ~12%.
AI memory and semis surge
Sandisk investor day targeting ~80% gross margins lifts memory complex (MU, WDC); AMAT beats but stock falls ~4% after hours.
Silver Lake in talks to take Workday private at $43B valuation, stock jumps ~17-19%.
Cerebras reports major Q2 miss (EPS -$2.98 vs -$1.41 expected), stock falls ~12%.