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Dell’s stock falls on weak guidance
Dell Stock Tumbles on Weak PC Sales. AI Server Strength Isn’t Enough.
Dell Technologies stock fell after the company posted worse-than-expected revenue for its October quarter late Tuesday.For its fiscal third quarter, the company reported revenue of $24.4 billion, below the Wall Street consensus of $24.
Dell’s stock falls on weak guidance, as more customers hold off for next-gen AI servers
The company is forecasting lower server sales, and blamed the shortfall on enterprise customers that are waiting to snap up new systems powered by Nvidia Corp.’s next-generation Blackwell graphics processing unit chips and therefore shifting to later orders, some of which won’t be reflected in the current quarter.
Dell sees AI-server boom gain more steam, but overall revenue falls short
Dell beat expectations in its infrastructure solutions group, which includes servers, but came up short in client solutions, which includes PCs
Dell Reports Its Earnings Today. Gains on AI Servers Will Come Next Year.
The company is a leading provider of AI servers, so the results should offer a useful update about the state of demand.
17m
on MSN
Dell Technologies Q3 revenue falls short of estimates as weak PC demand weighs
Dell Technologies reported Tuesday third second-quarter results as earnings beat, but revenue fell short of Wall Street ...
4h
Dell Q3: Rapid AI Server Growth Offset Weak Consumer PC Sales, Remain 'Strong Buy'
Dell's new AI server products and partnerships with Nvidia, AMD, and Intel position it well for future growth. Find out why ...
12d
Applied Materials' revenue forecast signals weak spending outside AI chips
Applied Materials forecast first-quarter revenue below Wall Street estimates on Thursday, a sign of sluggish demand for the ...
8h
HP’s stock sinks on lower guidance, despite optimism in the PC market
HP Inc. delivered mixed financial results in its final quarter of fiscal 2024, and followed up with weak guidance for the ...
4h
Dell: Mizuho cuts PT on weak earnings, but sees long-term AI tailwinds
Investing.com-- Analysts at (0: Mizuho) cut their price target on Dell Technologies (NYSE: DELL) following weak earnings and ...
2d
Baidu: Growth Algorithm Stuck In Neutral With AI Hype And Ad Blues
Baidu's weak advertising due to China's soft macro backdrop and early-stage AI development are concerning. Find out why BIDU ...
5d
Baidu's Q3 Earnings: Revenue Slides, Weak Online Ads Market Impact Margins
On Thursday, Baidu, Inc (NASDAQ: BIDU) reported fiscal third-quarter revenue of $4.78 billion, down 3% year-on-year, topping ...
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