Dell, HP Shares Slump on Weak Outlooks

HP, Dell's weak forecasts spark share selloff, doubts over PC market recovery
(Reuters) -Shares of Dell and HP fell on Wednesday after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs. Dell tumbled 11%,
Dell, HP Shares Slump on Weak Outlooks as PC Upgrades Slow to Materialize
Dell Technologies and HP are both waiting for consumers to upgrade their personal computers, which is dragging on their sales for the time being. Shares of both tech companies slumped in late trading.
Dell, HP post disappointing quarterly sales as global PC market recovery stalls
While signs of a global PC market rebound began to materialise this year, shipments again dipped in the third quarter, according to IDC.
Dell, HP shares fall up to 10% in extended trading after disappointing quarterly sales
Dell shares fell about 10% in late trading after closing at $141.74 in New York. The stock had gained 85% this year through Tuesday’s close. HP shares declined about 8% after closing at $39.10. HP stock had increased 30% this year.
HP Gives Lackluster Profit Outlook on Slow PC Market Recovery
HP Inc. gave an outlook for profit in the current quarter that fell short of estimates, suggesting a setback in the personal computer market’s recovery from a yearslong slump.
HP Stock Tumbles After Earnings Report As Outlook Shows 'Coast Not Clear' For PC Market
HP stock tumbled after the tech company gave lower-than-expected profit guidance for its upcoming quarter Jim Cramer on HP Inc. (HPQ): ‘I Wanna Know The Truth Here If The AI PC Is Really Doing As Well
These Stocks Moved the Most Today: Dell, HP Inc., CrowdStrike, Urban Outfitters, Symbotic, Nordstrom, and More
Dell stock tumbles after the computer and server maker issues a downbeat revenue forecast, and HP Inc. sinks after quarterly ...
Bloomberg L.P.1d
Dell, HP Inc. Report Disappointing Sales on Slower PC Market
Dell Technologies Inc. and HP Inc. reported quarterly financial results that suggest a long-awaited recovery of the ...
Dell, HP Stocks Tumble After PC Makers Give Downbeat Guidance
Shares of Dell and HP slid in morning trading after both personal-computer makers issued downbeat outlooks. Executives said consumers were proving slow to upgrade PCs, but cited artificial-inte ...
Top Stock Movers Now: HP, Dell, Autodesk, and More
U.S. equites were lower at midday ahead of the Thanksgiving holiday on disappointing earnings reports from some big tech ...
Inflation in focus, Dell & HP fall after earnings: Yahoo Finance
Investors are trading on the October PCE report, also known as the Fed’s preferred inflation gauge. It will be the last PCE ...
Tech Down on HP, Dell Outlook -- Tech Roundup
HP shares tumbled 11% after the personal-computer maker projected profit shy of Wall Street targets. SoftBank Group is doubling down on its investment in OpenAI, taking a bigger bet on the potential ...
Dell forecasts downbeat fourth-quarter revenue on PC weakness
Dell forecast fourth-quarter revenue below Wall Street expectations on Tuesday, weighed down by weaker demand for its ...