🔴 WDC is trading 4.4% down today as Iranian officials refute de-escalation claims

WDC is trading 4.4% down at $281.81 after Iranian officials refuted President Trump's de-escalation claims, reversing Monday's rally.

• The broader market declined as Brent crude surged 3.5% to $103.47, reigniting inflation concerns and pressuring growth-oriented stocks.
• WDC's high beta of 1.85 amplifies its sensitivity to market volatility, making it particularly vulnerable to geopolitical shocks and uncertainty regarding the Fed's rate trajectory.