HP Stock Tumbles After Earnings Report As Outlook Shows 'Coast Not Clear' For PC Market
Chairman John Idol takes over the CEO spot from Cedric Wilmotte, who is leaving the organization as part of a cost-cutting initiative. HP Inc (HPQ) reports a 2% revenue increase and gains in PC market share, while navigating cost pressures and competitive challenges.
Here's why HP's stock is having its worst day in more than four years
HP shares are diving more than 13% in Wednesday action as they head for their weakest one-day performance since a 14.5% slide seen on April 20, 2020. Wednesday's decline comes as Wall Street weighs a weaker-than-expected profit outlook for the current quarter,
HP's print segment shows growth, but long-term challenges remain. The consumer PC market remains sluggish due to a cautious ...
Shares of Dell Technologies Inc. and HP Inc. dropped on Wednesday after both companies reported weak results, ...
HP Inc. isn’t including expected tariff impacts in its new forecast for the year ahead, but Chief Executive Enrique Lores ...
HP Inc. (NYSE: HPQ) shares are trading lower Wednesday after the company reported its fourth-quarter financial results and ...
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Dell stock tumbles after the computer and server maker issues a downbeat revenue forecast, and HP Inc. sinks after quarterly ...
HP Inc. gave an outlook for profit in the current quarter that fell short of estimates, suggesting a setback in the personal ...
HSBC analyst Stephen Bersey downgraded HP Inc. (HPQ) to Hold from Buy with a $38 price target Don't Miss our Black Friday Offers:Unlock your ...
Dell indicated the AI market was a “robust opportunity,” despite the company’s COO warning its AI business would “not be ...
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