Sep. 14 at 6:13 AM
$WDC The same storage cycle: demand shifts between HDD & SSD, data center buildouts, & whether its alphabet soup of technologies—CMR, HAMR, & the rest—actually scale before competitors like
$SSNLF Samsung or
$MU Micron lap them.
#RKT Friday options flow was unusually high—
$10.86M. 41% higher than the average. A heavy skew toward calls. Rocket Companies bought Redfin, which means collaging real estate traffic with an equally interest-rate-sensitive mortgage business. Mr. Cooper merger comes with the promise of half a billion in “synergies.” BofA upgraded, hiking the target from
$21 to
$24. Forbes thinks it will “go to
$40.” The case is simple: falling rates ignite both purchase & refinance volumes.