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 And HP Shares Drop 12% After Worse-Than-Expected Forecasts
Dell indicated the AI market was a “robust opportunity,” despite the company’s COO warning its AI business would “not be linear.”
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.
HP forecasts Q1 profit below estimates on sluggish demand in PC market
HP forecast its first-quarter profit below Wall Street expectations on Tuesday, signaling persistent choppy demand in the personal computers market and sending the company's shares down 8% in extended trading.
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 HP Inc (HPQ) Q4 2024 Earnings Call Highlights: Strong Revenue Growth and Market Share Gains
HP Revenues Up Just 1.7 Percent as PC Sales Slowdown Continues
HP reported its most recent quarterly and annual financial results, and the PC maker is still struggling to get consumers to upgrade.
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.
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