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BrokeCoin is a meme-meets-utility cryptocurrency project operating under the ethos of Transparency, Community, and Respect. Formally registered as an LLC in Wyoming, USA, BrokeCoin is building an expansive ecosystem that combines light-hearted spirit of meme culture with real-world crypto utilities—spanning gaming, staking, NFTs, web services, and an e-commerce platform. Brokecoin believes in developing useful and interesting meme-inspired utilities to both service the crypto industry, and generate value for holders.

Brokecoin

$BROKE.X is trending as the community celebrates new all-time highs and anticipates an upcoming Bifinance listing. This meme coin on Solana is touted for its strong community, consistent development, and resilience, with many highlighting its 9-month survival in a space where projects often fade quickly. The ongoing 'Biggest Buy Contest' and a locked airdrop are also generating excitement.

DMTC or DIAMOND The Cat Coin is a viral meme coin on Solana Blockchain, Based in Thailand and Global and Based on a true story about my lovely cat(DIAMOND) and made by love, I just want my cat to be immortal in this whole world until I die that's a first idea of this project start. We're start from $2,000 Market cap and hit All time high at $10.9 million, please come to check our project and let's DMTC get list on Coingecko to let's everyone in this whole world know DMTC.

DIAMOND The Cat Coin

DIAMOND The Cat Coin ($DMTC.X) is gaining attention as community members highlight its strong chart and potential breakout. Investors are encouraged to accumulate, anticipating a significant surge, with many referencing 'rocket' and 'moon' imagery. The coin is being touted as an undiscovered gem with strong momentum.

What Is Pi Network? Pi Network is a social cryptocurrency, developer platform, and ecosystem designed for widespread accessibility and real-world utility. It enables users to mine and transact Pi using a mobile-friendly interface while supporting applications built within its blockchain ecosystem.  Supply Model and Mining Mechanism The Maximum Supply of Pi is 100 billion tokens. The Maximum Supply is comprised of the following: 65 Billion tokens (or 65%) are allocated for all community mining rewards; 10 billion (10%) are allocated for foundation reserves; 5 billion (5%) are allocated for liquidity purposes; and 20 billion (20%) are allocated for the Core Team. Each allocation mentioned above tracks the community Migrated Mining Rewards issuance pace, so the proportions of each allocation in the total supply remains the same at any given time.   The Effective Total Supply of Pi—the total Pi supply at the current time—allocates Pi proportionally the same as the Maximum Supply. Since every allocation tracks the Migrated Mining Rewards of the community, the Effective Total Supply can be calculated by dividing the current Migrated Mining Rewards of Pi on the Mainnet blockchain by 65%. The other allocations within the Effective Total Supply can then be calculated based on the same proportions as the Maximum Supply, e.g. at most 10% of the Effective Total Supply is available in the foundation reserve, 5% of the Effective Total Supply is available for liquidity purposes, and 20% of the Effective Total Supply is available for the Core Team. This remains true despite the fact that all tokens were minted at the genesis as technically required by the blockchain protocol.  Circulating Supply includes all Migrated Mining Rewards and all tokens that entered circulation from other buckets of the allocations, which at its maximum could be summed up to equal the Effective Total Supply.   Pi’s mining rewards are distributed based on an issuance formula that follows a declining exponential model defined in the Pi whitepaper. Users can increase the amount of mining rewards they receive based on their individual contributions to the network, like Security Circles, using utility-based Pi apps, running Nodes, etc. For each month, the amount of Pi to be distributed as mobile balance is capped and determined by the model, regardless of how many people or how many types of mining rewards there are during the month. The capping is achieved by the design of a system-wide base mining rate, and each type of mining rewards to each individual are just a multiplier of this base mining rate. As the monthly supplies always diminish, the base mining rate generally decreases over time.   Fewer Pi may also be issued because the real Pi issuance on the blockchain depends on Pioneers passing KYC and completing all steps required for migration to the Mainnet. Despite all efforts to facilitate and remind Pioneers to complete those required steps, there are always dropoffs along the way, resulting in less than all outstanding mobile balances to be issued on the blockchain. Because of this mechanism, the community issued amount (Migrated Mining Rewards) on the blockchain will likely be closer and closer to a line lower than the 65 billion. This is thus the reason for the variable Effective Total Supply which incorporates this effect. Effective Total Supply results from all Migrated Mining Rewards divided by 65%, as opposed to the Maximum Supply of 100 billion.  Ecosystem and Adoption Pi Network has built an integrated ecosystem that facilitates real-world transactions and decentralized applications. Pi can be used as a medium of exchange for goods and services, including online commerce and local brick-and-mortar businesses.  Users can engage with Core Team and community-built apps in the Pi ecosystem through the Pi Browser, where integrated features like the Pi Wallet provide a seamless experience. Events like PiFest 2024 showcased Pi’s growing adoption, with over 27,000 active sellers and 28,000 test merchants across 160 countries.  Who Are the Founders of Pi Network? Pi Network was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, both of whom have PhDs from Stanford University and a passion for improving human lives through technology.  Dr. Nicolas Kokkalis is a Stanford PhD in EE and postdoc in CS with research on distributed systems and human-computer interaction. His work focuses on combining distributed systems and human computer interaction to bring cryptocurrency to everyday people. As a strong and long-term believer of the technical, financial and social potential of cryptocurrencies, he is determined to move them beyond their current limitations and is committed to bringing the power of blockchain to more people.  Dr. Chengdiao Fan holds a Stanford PhD in Anthropological Sciences, harnessing social computing to unlock human potential on a global scale. Chengdiao is building Pi Network to mobilize individuals all over the world to participate and be rewarded for their contributions, and establish an inclusive ecosystem for global citizens to unleash and capture their own agency, and in turn create utilities and productions for society and the world.  Compliance and Identity Verification Pi Network follows a one-account-per-person policy through its Know Your Customer (KYC) solution. This system combines machine automation and human verification to authenticate user identities while preserving privacy.  The KYC process emphasizes real individuals, combats fraudulent activities and enables fair participation in the mining process of the network. Pi’s identity verification approach balances scalability, security, and accessibility, allowing millions of users worldwide to validate their accounts while maintaining regulatory compliance.

Pi Network

Pi Network is trending as users discuss the implications of the upcoming KYC grace period expiration, particularly its potential impact on circulating supply and future exchange listings.  Some community members are speculating on potential price movements and accumulating, while others express frustration with unverified balances and limited exchange availability. The community also discusses the long-term potential of Pi as a decentralized currency, with some highlighting its unique aspects and dismissing negative sentiment.

Memecoin on Injective taken over by the community.

Nonja

Nonja ($NONJA.X) is trending as a top meme on the Injective ($INJ.X) blockchain, with the community actively discussing its strong fundamentals, unique NFT collection, and potential for high returns as the Injective ecosystem gains traction. Many believe it's undervalued, with some highlighting its high liquidity and burned liquidity pool as key differentiators. Bullish sentiment revolves around Nonja's potential to outperform as Injective gains institutional interest and the anticipation of an altseason.

$JINGLE  is a meme community on Solana, The project was fair-launched on Pump.fun, This is a purely community-driven project.  $JINGLE a community powered token celebrating global holidays!  With a dedicated team and a vibrant community, $JINGLE Token aims to bring joy and prosperity to holders while embodying the spirit of the internet's favorite amphibian. Jump on board and let's make waves in the crypto pond together!

Jingle

$JINGLE.X is experiencing a surge in interest, with community members highlighting a potential opportunity around $AINAL.X and other tokens like $SKYH.X, $WOPEN.X, $BRANDY.X, $RONNIE.X, $TRDX.X, $NEXEA.X, $MIYO.X, $FAIRLY.X, $QRINGE.X, $APET.X, $WOMEN.X, $SNFL.X, $NEWS.X, $ESP.X, $MHIVE.X, $HOTMOM.X, $DPTL.X, $GSC.X, $TOOTCOIN.X, $MLNR.X, $RI.X, $BROKE.X, $RICHCOIN.X, $BOY.X, $TUNP.X, $BGM, $CUCK.X, $GEEKED.X, $COCACOIN, $CHUMP.X, $CLICK.X, $WIFEAR.X, $LATTE.X, $RIDERS.X, $HYPU.X, $GGAINS.X and $BKIT.X; many believe these tokens are gearing up for significant upward movement. Conversations revolve around the idea of early entry and maximizing potential gains, with references to rockets, moons, and patient accumulation.

Warner Bros. Discovery, Inc. is a premier global media and entertainment company, which engages in the provision of a differentiated portfolio of content, brands, and franchises across television, film, streaming, and gaming. It operates through the following segments: Studios, Networks, Direct-to-Consumer (DTC), and Corporate. The Studios segment includes producing and releasing feature films for initial exhibition in theaters, producing and initial licensing television programs to networks services as well as third parties, distributing films and television programs to various third party, internal television, and streaming services, distribution through the home entertainment market related consumer products, and themed experience licensing and interactive gaming. The Networks segment focuses on domestic and international television networks. The DTC segment is involved in premium pay-television and streaming services. The company was founded on June 17, 1985 and is headquartered in New York, NY.

Warner Bros. Discovery Inc - Ordinary Shares - Class A

Warner Bros Discovery Inc

WBD is trending amid speculation that Paramount Skydance is preparing a cash takeover bid, potentially sparking a bidding war with major tech and media companies. The community is weighing in on potential deal prices, regulatory hurdles, and what a combined WBD-Paramount might mean for the streaming landscape and competition with names like Netflix and Disney. Discussions also involve potential short squeezes and the influence of key figures like Larry Ellison on the deal.

BioCryst Pharmaceuticals, Inc. is a biotechnology company. It engages in the provision of structure-guided drug design with the goal of developing oral small-molecule and protein therapeutics to target difficult-to-treat rare diseases. The company was founded by William M. Spencer III, Charles E. Bugg, and John A. Montgomery in 1986 and is headquartered in Durham, NC.

Biocryst Pharmaceuticals Inc.

Biocryst Pharmaceuticals is trending as the community discusses the implications of the CEO's upcoming retirement and a newly appointed replacement. Some investors speculate this transition, combined with recent strategic moves like selling European rights, points towards a potential acquisition, while others express concern about the company's future direction. Discussions also focus on the company's earnings potential and pipeline development.

Dermata Therapeutics, Inc. is a clinical-stage medical dermatology company that focuses on identifying, developing, and commercializing pharmaceutical product candidates for the treatment of medical and aesthetic skin diseases. Its product pipeline includes DMT310, DMT400, and DMT410. The company was founded by David F. Hale and Gerald T. Proehl on December 8, 2014 and is headquartered in San Diego, CA.

Dermata Therapeutics Inc

Dermata Therapeutics is trending as traders discuss its potential as a squeeze play, citing its small float and upcoming catalysts. The community is also focused on the company's strategic shift to OTC products for acne treatment, anticipating a potential market revolution. Some are comparing it to other stocks with golden cross formations, noting high insider ownership.

NanoVibronix, Inc. engages in the development of noninvasive biological response-activating devices. The firm's products include UroShield and PainShield. It operates through the following geographical segments: United States, Europe, Australia, India, Israel, and Other. The company was founded by Harold Jacob and Jona Zumeris in September 2003 and is headquartered in Tyler, TX.

NanoVibronix Inc

NanoVibronix (NAOV) is trending due to a recently granted U.S. patent for its pediatric feeding tube guidance system, sparking community discussion about its market potential. With a low float, high short interest, and a high cost to borrow, some traders are anticipating a potential short squeeze. The stock's significant price movement and trading volume are also contributing to the increased attention.

Wynn Resorts Ltd. is a holding company, which engages in the design, development, and operation of destination casino resorts. It operates through the following segments: Wynn Palace, Wynn Macau, Las Vegas Operations, Encore Boston Harbor, and Corporate and Other. The company was founded by Stephen Alan Wynn, Elaine P. Wynn, and Kazuo Okada in 2002 and is headquartered in Las Vegas, NV.

Wynn Resorts Ltd.

Wynn Resorts (WYNN) is trending amid discussions around its Q2 2025 revenue and Macau's performance, which continues to be a talking point within the community. Investors are weighing expansion plans, such as the Wynn Al Marjan Island in the UAE, against current revenue. Overall sentiment appears cautiously optimistic, tied to the potential for Macau's recovery and the success of new ventures.

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Nifty 50

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Reliance Industries Ltd.

Zomato Ltd.

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HDFC Bank Ltd.

ITC Ltd.

Adani Enterprises Ltd

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Apple Inc.

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Should You Invest in the iShares Expanded Tech Sector ETF (IGM)?

Workday Inc.’s (WDAY) <a href="https://stocktwits.com/symbol/WDAY">shares</a> fell nearly 4% in Thursday’s midday trade after analysts at Piper Sandler downgraded the stock over concerns about the company’s near-term growth outlook.According to The Fly, Piper Sandler downgraded the Workday stock to ‘Underweight’ from ‘Neutral’ and reduced the price target to $235 from $255. The new price target for WDAY stock implies an upside of less than 2% from current price levels.The downgrade follows Piper’s latest survey of Chief Information Officers (CIO), which revealed growing concerns over the impact of artificial intelligence on enterprise software demand.&nbsp;The brokerage’s survey found that more than half of CIOs now expect AI to negatively affect hiring plans, marking the first time that sentiment has crossed the 50% threshold.&nbsp;The firm noted that while enthusiasm remains high for AI infrastructure, appetite for broader application software, where Workday operates, appears to be waning.The firm expressed concern over Workday’s per-employee pricing model, suggesting it could become a liability as businesses reassess headcount and IT budgets in the face of AI disruption.&nbsp;Workday, which provides human capital and financial management software to large organizations, is not alone in feeling pressure from AI-driven shifts in enterprise planning.&nbsp;While the tech sector broadly benefits from AI tailwinds, legacy software-as-a-service (SaaS) providers may find themselves squeezed as budgets pivot to infrastructure and model development.In the first quarter (Q1), Workday’s operating income slumped 39% year-on-year (YoY) to $39 million, impacted by restructuring expenses of $166 million.On Stocktwits, retail sentiment around Workday improved to ‘bullish’ from ‘neutral’ territory the previous day amid ‘normal’ message volume levels.<figure class="image"><img style="aspect-ratio:966/112;" src="https://news.stocktwits-cdn.com/Screenshot_2025_07_10_124907_png_7054f398af.webp" alt="WDAY’s Sentiment Meter and Message Volume as of 01.15 p.m. ET on July 10, 2025 | Source: Stocktwits" width="966" height="112"><figcaption>WDAY’s Sentiment Meter and Message Volume as of 01.15 p.m. ET on July 10, 2025 | Source: Stocktwits</figcaption></figure>Workday stock has lost over 10% year-to-date but has gained more than 3% in the past 12 months.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/autodesk-stock-drops-on-potential-acquisition-of-peer-ptc/ch8GJtfR5kl">Autodesk Stock Drops On Potential Acquisition Of Peer PTC, But Retail’s Exuberant</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Workday logo is displayed on the screen of an iPad.

Workday Stock Takes A Hit After Piper Sandler Survey Flags AI-Driven Headwinds, But Retail’s Optimistic

Piper Sandler downgraded Workday to Underweight, citing concerns about slowing application demand and AI-driven reductions in headcount. 

Equity

Pleasanton, California-based Workday, Inc. (WDAY) is scheduled to report its fiscal year 2025 fourth-quarter results after&nbsp;the closing bell on Tuesday.&nbsp;The Finchat-compiled consensus calls for adjusted earnings per share (EPS) of $1.78 and revenue of $2.18 billion, up 13.5% year over year (YoY). In the year-ago quarter, the company reported&nbsp;an adjusted EPS and revenue of $1.157 and $1.92 billion,&nbsp;respectively.<a href="https://stocktwits.com/symbol/WDAY">Workday stock </a>pulled back following the company’s third-quarter results in late November as investors did not take kindly to the company’s full-year subscription revenue guidance cut.Given the precedence, the forward guidance for the first quarter and the current fiscal year is expected to determine the stock's near-term direction.Investors may also focus on other key metrics, such as the fourth-quarter subscription revenue, which was guided to $2.025 billion, adjusted operating margin , estimated at 25%, 12-month subscription revenue backlog, and operating cash flow.&nbsp;Last week, Morgan Stanley analyst Keith Weiss downgraded the stock to ‘Equal-Weight’ from ‘Overweight’ and reduced the price target to $275 from $330. Among the pushbacks mentioned by the analyst are recent negative revisions, headcount reductions, Workday’s go-to-market investments not paying off as expected, and weak fourth-quarter results from enterprise software companies.Loop Capital also has a ‘Hold’ rating on Workday stock with a $260 price target, while Goldman Sachs rates it ‘Buy’ with a $310 price target.On Stocktwits, retail sentiment toward Workday stock turned to ‘bearish’ (28/100) from the ‘bullish’ mood that prevailed a day ago. However, the message volume improved to ‘high’ levels.<figure class="image"><img style="aspect-ratio:626/140;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/wday_sentiment_d089fd1c3d.png" alt="wday-sentiment.png" width="626" height="140"><figcaption>WDAY sentiment and message volume February 25, as of 12:46 pm ET | Source:&nbsp;Stocktwits</figcaption></figure>Some retail watchers said it is too risky to hold the stock at its current high valuation. The stock trades at a forward&nbsp;price-to-earnings (P/E) multiple of 32.1.<stembedurl>https://stocktwits.com/Activetrader777/message/605622913</stembedurl><stembedurl>https://stocktwits.com/bonhommetwits/message/603144004</stembedurl>The stock has gained about 1.5% since the start of the year. On Tuesday afternoon, it traded down 1.57% at $257.70.For updates and corrections, email <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:newsroom@stocktwits.com">newsroom@stocktwits.com</a>&nbsp;Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/amc-entertainment-stock-slides-ahead-of-q4-print-amid-macro-concerns/chd49w9RUE">AMC Entertainment Stock Slides Ahead Of Q4 Print Amid Macro Concerns But Retail Gears For Hit Performance</a>

Workday Q4 Earnings Round The Corner: Analysts, Retail Worry About Stock’s Valuation

The Finchat-compiled consensus calls for adjusted earnings per share of $1.78 and revenue of $2.18 billion, up 13.5% year over year.

Pleasanton, California-based Workday, Inc. (WDAY) Shares fell more than 3% on Wednesday after Morgan Stanley downgraded the stock and reduced its price target.Analyst Keith Weiss downgraded&nbsp;<a href="https://stocktwits.com/symbol/WDAY">Workday stock</a> to&nbsp;‘Equal-Weight’ from ‘Overweight’ and reduced the price target to $275 from $330. The analyst attributed his tempered opinion to the company's lack of success in its efforts to boost topline growth through investment in distribution.“While the company has taken action to better support cash flows, we continue to see risk to the multiple as investors try to assess 'Where Does Growth Bottom?'” the analyst said.Workday is an enterprise platform company that helps organizations manage money and manpower.Some of the sore points listed by the analysts include:<ul style="list-style-type:circle;"><li>Recent negative revisions and&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/workday-stock-rallies-on-plans-to-cut-1750-jobs/chPuWsTRrS">headcount reductions</a> flagging concerns about the growth trajectory</li><li>Go-to-market investments not paying off as expected</li><li>Weak fourth-quarter prints from enterprise software companies</li><li>Eroding partner sentiment and growth expectations</li></ul>Weiss said he would be more constructive on the stock if growth stabilizes and accelerates back to the management’s 15% target. If growth stalls, Workday should focus on margin expansion, he said.“Absent these first two, we would need to see the multiple come down to a more attractive level in the low-20s FCF range,”&nbsp;the analyst said.Workday is due to report its fiscal 2025 fourth-quarter report after the market closes on Feb. 25. According to Finchat, the consensus estimates for adjusted earnings per share and revenue are at $1.77 and&nbsp; $2.182 billion, respectively.The company&nbsp;has&nbsp;projected quarterly subscription revenue of $2.025 billion and a non-GAAP operating margin of 25%.On Stocktwits, sentiment toward Workday stock remained ‘bearish’ (39/100), with the message volume at a ‘low’ level.<figure class="image"><img style="aspect-ratio:633/135;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/wday_sentiment_3732b1d2d1.png" alt="wday-sentiment.png" width="633" height="135"><figcaption>WDAY sentiment and message volume February 19, as of 12:20 pm ET | Source:&nbsp;Stocktwits</figcaption></figure>Workday stock fell 3.22% to $257.17 by Wednesday’s mid-session. However, it is up about 3% so far this year.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/after-nebius-nvidia-fueled-rally-in-2025-most-retailers-expect-thursday-s-q4-report-to-be-next-big-catalyst/ch5sP0dRw9">After Nebius’ Nvidia-Fueled Rally, Most Retailers Expect Thursday’s Q4 Report To Be Next Big Catalyst</a>

Workday Stock Snags Ratings Downgrade Ahead Of Next Week’s Q4 Report: Retail Stays Downbeat

Analyst Keith Weiss said he would be more constructive on the stock if growth stabilizes and accelerates back to the management’s 15% target.

Shares of Pleasanton, California-based Workday, Inc. (WDAY) rose by the mid-session on Wednesday after the company announced a restructuring program that includes a plan to eliminate 8.5% of its workforce.&nbsp;The enterprise platform provider that helps organizations manage money and manpower said the restructuring aims to prioritize its investments and continue its focus on durable growth.The company said it is cutting about 1,750 positions and expects to exit certain owned office space. However, it also clarified that it would continue to hire in key strategic areas and locations throughout the fiscal year 2025, which ends on Jan. 31, 2026. The planned actions will likely be completed by the second quarter of fiscal year 2026.Workday said it would incur about $230 million to $270 million in charges related to the plan, with $60 million to $70 million expected to be recognized in the fourth quarter.&nbsp;Additionally, the company expects to report fiscal year 2025 and fourth quarter results in line with or above the guidance provided in late November, except for the GAAP operating margin.&nbsp;Workday’s guidance calls for subscription revenue of $2.05 billion for the fourth quarter and $7.703 billion for the full year. Subscription revenue&nbsp;accounts for over 90% of the company’s total revenue.Due to the restructuring plan, the fourth-quarter GAAP operating margin is now expected to be 22-23&nbsp;percentage points lower than the non-GAAP operating margin. The annual GAAP operating margin will likely trail its non-GAAP counterpart by 21 percentage points.&nbsp;Workday is scheduled to report its fourth-quarter results after the market closes on Feb. 25.&nbsp;<figure class="image"><img style="aspect-ratio:637/133;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/wday_sentiment_36dfa9825e.png" alt="wday-sentiment.png" width="637" height="133"><figcaption>WDAY sentiment and message volume February 5, as of 12:10 pm ET | Source:&nbsp;Stocktwits</figcaption></figure>On Stocktwits, retail sentiment toward&nbsp;<a href="https://stocktwits.com/symbol/WDAY">Workday stock</a> climbed further into the ‘extremely bullish’ territory (90/100). The message volume stayed ‘extremely high.’Workday stock climbed 4.21% to $270.66 by the mid-session. The stock is up a modest 0.7% this year after declining over 6% in 2024.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/workday-stock-bounces-up-on-price-target-hike-by-wolfe-research/cJa1aDnRKk">Super Micro Stock Rockets As Nvidia-Powered AI Data Center Reaches Full Production Availability: Retail Bulls Charge In</a>

Workday Stock Rallies After Company Announces Workforce Reduction, Reaffirms Q4 Guidance: Retail’s Extremely Bullish

Workday said it plans to eliminate 8.5% of its workforce but clarified that it would continue hiring in key strategic areas and locations throughout the fiscal year 2025. 

Western Digital Corp. (WDC) shares climbed sharply early on Thursday after the storage devices solutions provider’s positive commentary about an impending spin-off managed to outweigh mixed quarterly results.The San Jose, California-based company reported fiscal 2025 second-quarter non-GAAP earnings per share (EPS) of $1.77, slightly shy of the $1.78 per share consensus estimate, but marked a reversal from the $0.75 per share loss incurred in the year-ago quarter.Revenue climbed 41% year-over-year to $4.29 billion, exceeding the consensus estimate of $4.26 billion.Earlier this month, the&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/western-digital-stock-slips-after-storage-devices-company-preannounces-q2-earnings-shortfall/chGv8vsRnr">company&nbsp;offered a preview of the bottom-line results&nbsp;</a>at the low end of the guidance range of $1.75-$2.05, and revenue at the midpoint of the $4.20 billion to $4.40 billion guidance range.Western Digital said its cloud revenue climbed 119% YoY and 6% sequentially to $2.35 billion and client revenue rose 4% YoY but slipped 3% from the previous quarter to $1.17 billion. Consumer revenue moved down 8% YoY to $771 million.The company guided third-quarter non-GAAP EPS to $0.90-$1.20 and revenue to $3.75 billion to $3.95 billion. Wall Street analysts currently model the metrics at $1.25 and $3.91 billion, respectively.CEO David Goeckeler said, “As we finalize the separation of our businesses, we are confident that both Western Digital and SanDisk will continue driving innovation and providing compelling storage solutions to customers while delivering long-term shareholder value.”In&nbsp;October 2023, the company announced plans to spin off its HDD and flash businesses, creating two independently traded public companies.&nbsp;Goeckeler expects Western Digital’s strong HDD performance and strategic approach to managing its flash business will help both companies to capture the growing demand for storage driven by the artificial intelligence (AI) Data Cycle.Speaking on the earnings call, he said the company is in the final stages of the spin-off, having completed the Form-10 filing and finalizing key financing activities necessary for the separation, according to Koyfin.He also mentioned Western Digital and SanDisk&nbsp;management teams&nbsp;would provide more details at their respective Investor Days, scheduled&nbsp;on Feb. 11 and Feb. 12, respectively.CFO Wissam Jabre said shares of the two companies will likely trade independently shortly after Feb. 21.On Stocktwits, retail sentiment toward&nbsp;<a href="https://stocktwits.com/symbol/WDC">Western Digital stock</a> flipped to ‘bullish’ (62/100) from ‘bearish,’ with message volume remaining at ‘extremely high’ levels.<figure class="image"><img style="aspect-ratio:631/132;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/wdc_sentiment_0b8d5baf07.png" alt="wdc-sentiment.png" width="631" height="132"><figcaption>WDC sentiment and message volume January 30, as of 10:13 am ET | Source:&nbsp;Stocktwits</figcaption></figure>A retail stock watcher recommended loading up the stock ahead of the spin-off and predicted that Western Digital would rally toward the $70 level.<stembedurl>https://stocktwits.com/binson/message/602111698</stembedurl>In early trading, Western Digital stock rose 3.36% to $66.91. The stock rose about 14% in 2024 and has gained over 5% so far in January.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/servicenow-2024-q4-results-beat-estimates-by-thin-margin/chbAZ5XRqG">ServiceNow Stock Tumbles Premarket On Slim Q4 Beat, Soft Guidance — But Retail Eyes Buying The Dip</a>

 In this photo illustration, the Western Digital company logo is seen displayed on a smartphone screen. 

Western Digital Stock Rallies Despite Mixed Q2 Print: Retail Sentiment Flips To Bullish On Spin-Off Hopes

CEO David Goeckeler said with the planned spin-off of SanDisk from Western Digital, the two companies will continue driving innovation, provide compelling storage solutions to customers, and deliver long-term shareholder value.

Seagate Technology Holdings (STX) stock rose sharply in Wednesday’s early trading after the data storage devices company announced an upbeat fiscal year 2025 second-quarter results.The Fremont, California-based company reported second-quarter non-GAAP earnings per share (EPS) of $2.03, up from $0.12 a year ago. The bottom line results exceeded the consensus estimate of $1.88 per share.Revenue climbed nearly 50% year-over-year (YoY) to $2.33 billion from $1.56 billion, surpassing the $2.32 billion consensus estimate.&nbsp;Dave Mosley, CEO of Seagate, said, “Our results demonstrate structural improvements in the business and our focus on value capture in an improving demand environment, highlighted by decade-high gross margin performance exiting the December quarter.”The company said it began ramping up HAMR-based Mozaic products to its lead customer in the December quarter and that the latter is already sampling capacities up to 36 terabytes.&nbsp;Mosley said the company is in a great position to “deliver profitable growth” in fiscal year&nbsp;2025.Seagate generated $221 million in cash flow from operations during the second quarter and ended the quarter with a cash position of $1.2 billion.&nbsp;The board declared a quarterly cash dividend of $0.72 per share, payable on April 2, to shareholders of record as of the close of business on March 19.Seagate&nbsp;projects third-quarter non-GAAP EPS at $1.70, plus or minus $0.20, and revenue at $2.1 billion. Analysts, on average, estimate the metrics to come in at $1.73 and $2.18 billion, respectively.Following the results, Baird analyst Tristan Gerra maintained an ‘Outperform’ rating and a $120 price target for Seagate stock. The analyst’s bullish thesis is predicated on the company’s expectations of a continued increase in hyperscaler capex in 2025.He noted that the company expects substantial data generated by artificial intelligence (AI) to reside on hard disk drives (HDD), fueling secular growth ahead.Morgan Stanley revised the price target for the stock to $134 from $129, citing the in-line quarterly results, gross margin base, and its updated calendar year 2025 estimate, which is 15% above the consensus.Analyst Erik Woodring noted that the March quarter supply headwinds have been resolved.<figure class="image"><img style="aspect-ratio:632/135;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/stx_sentiment_730a9cc335.png" alt="stx-sentiment.png" width="632" height="135"><figcaption>STX sentiment and message volume January 22, 2025, as of 10:33 a.m. ET | Source:&nbsp;Stocktwits</figcaption></figure>On Stocktwits, retail sentiment toward&nbsp;<a href="https://stocktwits.com/symbol/STX">Seagate stock</a> is ‘extremely bullish’ (92/100), with sentiment slightly toned down from Tuesday when Morgan Stanley named the company as its top IT hardware pick in place of Apple, Inc. (AAPL). Message volume remained ‘extremely high.’The stock rallied 8.23% to $109.58 in early trading, marking the highest level since Oct. 22.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/agilysys-reports-mixed-2025-q3-results-cuts-guidance/chbeb7cR8P">&nbsp;Agilysys Stock Eyes 3-Month Lows After Sinking 20% Premarket On Mixed Q3 Results, Guidance Cut: Retail Mood Nosedives</a>

Sign with logo on facade of headquarters of hard drive and computer hardware maker Seagate in the Silicon Valley, Fremont, California, July 28, 2018.

Seagate Stock Soars To 3-Month High On Q2 Beat: Retail Stays Bullish

CEO Dave Mosley said the company is in a great position to “deliver profitable growth” in fiscal year 2025.

Seagate Technology Holdings, Inc. (STX) stock experienced a pre-earnings rally on Tuesday after a Morgan Stanley analyst named the data storage devices company his top information technology (IT) pick, replacing tech giant Apple, Inc. (AAPL).Analyst Erik Woodring attributed his optimism to Seagate's high short interest, greater confidence in June quarter revenue recovery, and his above-consensus gross margin outlook.<a href="https://stocktwits.com/symbol/STX">Seagate stock</a> climbed 4.00% to $10158 ahead of the company’s fiscal year 2025 second-quarter results.On average, analysts expect the company to report non-GAAP earnings per share (EPS) of $1.88 and revenue of $2.32 billion. This compares to the year-ago EPS and revenue of $0.12 and $1.55 billion, respectively.When the company released its first-quarter results in late October, it guided second-quarter headline metrics to $1.85, plus or minus $0.20, and $2.30 billion, plus or minus $150 million, respectively.&nbsp;Peer Western Digital Corp. (<a class="mention" data-mention="$WDC" data-symbol-id="WDC" href="https://stocktwits.com/symbol/WDC" target="_blank">$WDC</a>) preannounced a&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/western-digital-stock-slips-after-storage-devices-company-preannounces-q2-earnings-shortfall/chGv8vsRnr">potential second-quarter earnings shortfall&nbsp;</a>last week.&nbsp;Woodring said he is now increasingly comfortable with the persistence of the hard disk drive (HDD) cycle. He estimates second-quarter EPS and revenue of $1.89 and $2.3 billion, respectively., for Seagate.However, the analyst’s third-quarter expectations are muted. He lowered his EPS estimates to $1.65 and revenue to $2.1 billion, citing supply chain issues.To account for the estimate changes, the analyst trimmed the price target for Seagate stock to $129 from $133. He maintained an ‘Overweight’ rating.Woodring expects things to improve in the fourth quarter as supply chain issues abate and capacity shipped snaps back.&nbsp;<figure class="image"><img style="aspect-ratio:637/137;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/stx_sentiment_da955c5df2.png" alt="stx-sentiment.png" width="637" height="137"><figcaption>STX sentiment and message volume January 21, 2025, as of 3:25 pm ET | Source:&nbsp;Stocktwits</figcaption></figure>On Stocktwits, sentiment toward Seagate stock improved to ‘bullish’ (67/100) from ‘neutral’ a day ago. Retail chatter grew louder, with message volume spiking to ‘extremely high’ levels.In late-afternoon trading, the stock climbed 3.73% to $101.32.For updates and corrections, email newsroom[at]stocktwits[dot]comRead Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/retail-optimism-abounds-as-over-70-of-stocktwits-users-brace-for-q4-beat-from-streaming-giant/chb3G7dRFq">Netflix Earnings Preview: Retail Optimism Abounds As Over 70% Of Stocktwits Users Brace For Q4 Beat From Streaming Giant</a>

Seagate Sock Jumps Ahead Of Q2 Results As It Replaces Apple As Morgan Stanley’s Top IT Pick: Retail Upbeat

On average, analysts expect Seagate to report non-GAAP earnings per share of $1.88 and revenue of $2.32 billion. 

San Jose, California-based Western Digital, a provider of data storage devices and solutions, preannounced its fiscal 2025 second-quarter results, sending its stock lower in Thursday’s after-hours session.In a filing with the SEC, Western Digital said it expects second-quarter revenue at the mid-point of the previous guidance range of $4.20 billion to $4.40 billion.&nbsp;The company preannounced quarterly non-GAAP earnings per share (EPS) at the low end of the guidance of $1.75-$2.05. It blamed the anticipated softness on a challenging pricing environment for its flash business.Analysts, on average, expect the company to report non-GAAP EPS of $1.83 and revenue of $4.24 billion. This compares to the year-ago loss per share of $0.69 and revenue of $3.03 billion.Western Digital CEO David Goeckeler hinted at <a href="https://stocktwits.com/news-articles/markets/equity/western-digital-ceo-warns-of-flash-pricing-headwinds/cJa9KXVRKb">flash price weakness </a>at a Barclays Technology conference in mid-December. The executive said NAND pricing challenges will likely persist into the March quarter.&nbsp;NAND is a type of flash memory used in devices such as smartphones, portable SSDs, internal SSDs, and memory cards.&nbsp;Western Digital is in the process of spinning off its hard disk drive (HDD) and flash businesses, creating two independently traded public companies. The plan was first announced in October 2023.&nbsp;On the first-quarter earnings call, CEO Goeckeler said the company completed the soft spin phase at the start of the second quarter and it was working on&nbsp;critical workstreams needed as it makes significant progress on the regulatory filings required in connection with the spin.The mixed preannouncement did not temper retailers’ sentiment toward&nbsp;<a href="https://stocktwits.com/symbol/WDC">Western Digital stock.</a> On Stocktwits, sentiment toward the stock stayed ‘bullish’ (67/100) and message volume rose to ‘high’ levels.<figure class="image"><img style="aspect-ratio:633/137;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/wdc_sentiment_5ddd2c3abc.png" alt="wdc-sentiment.png" width="633" height="137"><figcaption>WDC sentiment and message volume January 17, 2025, as of 12:53 am ET | Source:&nbsp;Stocktwits</figcaption></figure>However, sell-side analysts have tempered their expectations concerning Western Digital. BofA Securities lowered the price target for the stock to $80 from $89 on Thursday, citing lowered 2025 estimates and the roll over of the valuation basis to calendar year 2026 estimates,&nbsp; TheFly reported.The firm also said near-term estimates are depressed as both NAND and HDD businesses come off a cyclical downturn.A week ago, Evercore ISI reduced its estimates for the December and March quarters, blaming the action on a weaker flash pricing environment. However, the firm is bullish on Western Digital stock as it believes that investors will look past the flash weakness and focus on the strength in the HDD business and the upcoming split.Western Digital stock fell 0.70% to $63.80 in the after-hours session. The stock rose about 14% in 2024 and has gained nearly 8% so far in January.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/nano-cap-foxo-surges-as-retail-frenzy-builds-ahead-of-fridays-special-shareholder-meeting/chGvVZ7Rnq">Nano-Cap FOXO Surges as Retail Frenzy Builds Ahead of Friday’s Special Shareholder Meeting</a>

Western Digital Stock Slips After Storage Devices Maker Preannounces Q2 Earnings Shortfall But Retail Stays Bullish

Western Digital CEO David Goeckeler previously hinted at flash price weakness at a Barclays Technology conference in mid-December. 

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