How Risky Are These Data Storage Stocks?

Historically, the performance of data storage companies has been closely tied to the growth of PC shipments (or lack thereof). Seagate Technology (NASDAQ:STX) and Western Digital (NASDAQ:WDC) have a near duopoly in the hard disk drive (HDD) market, which has been steadily declining in recent years as fewer PCs are being shipped annually and new […]

Trade worries dent stocks, yuan steadies

World stocks were flat on Wednesday amid growing anxiety ahead of Washington’s end of week deadline to impose tariffs on Chinese imports, while the yuan steadied after China’s central bank acted to calm investors. The MSCI All-Country World index, which tracks shares in 47 countries, was lower by less than 0.1 percent on the day, […]