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Western Digital Corp. (NASDAQ:WDC) shares fell on Thursday. This move follows a sharp 8.71% surge during Wednesday’s session. The broader markets also faced pressure. The Nasdaq fell 0.24%, while the S&P 500 shed 0.12%.
Geopolitical Friction Impacts Tech Sentiment
Market volatility follows President Donald Trump’s announcement to extend “Operation Epic Fury.” Trump warned of strikes on Iran for “two to three weeks” more. “We are going to hit them extremely hard,” Trump stated during his address.
This escalation has caused a historic decoupling between oil and equities.
The AI Storage’ Gold Mine’
CNBC’s Jim …
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