HP forecast its first-quarter profit below Wall Street expectations on Tuesday, in a sign of persistent choppiness in demand in the personal computers market.

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Channel News Asia

Singapore

HP, Dell's weak forecasts spark share selloff, doubts over PC market recovery

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 fell 13 per cent in trading before the bell, with the company set to shed nearly $13 billion from its $99.50 billion market va

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United States

HP forecasts first-quarter profit below estimates on sluggish demand in PC market

Shares of Dell and HP fell on today after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs.

RTÉ

Government of Ireland

Ireland

New doubts over PC's market recovery

Benzinga

New York

Dell, HP, CrowdStrike, 3D Systems And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session - CrowdStrike Holdings (NASDAQ:CRWD), Autodesk (NASDAQ:ADSK)

Dell's shares dropped after revenue came in lower than expected.credit should read PAU BARRENA/AFP via Getty ImagesDell reported $24.4 billion in revenue for its third quarter — a 10% year-on-year increase.Revenues jumped 34% in Dell's ISG division, which includes the company's AI operations.But a lower-than-expected fourth quarter outlook drove Dell's shares down 12% in premarket trading.Dell reported third-quarter earnings on Tuesday that show…

Business Insider

Dell's AI business is booming, but shares plunged after it cut its revenue outlook

Poor PC sales cause HP and Dell revenues to drop, and a change in focus could be coming soon

Tech Radar

Future plc

United Kingdom

Dell and HP report revenue rises, but the outlook may not be quite as bright

Even the AI boom did not lead to increased demand for new hardware

Auch der KI-Boom sorgte nicht für eine erhöhte Nachfrage an neuer Hardware

Schwache PC-Absätze setzen Dell und HP zu

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Oscar Bronner

Vienna

Austria

Weak PC sales hit Dell and HP

Shares of Dell Technologies and HP tumbled in premarket trading on Wednesday after both companies reported quarterly financial results, underscoring a lackluster personal computer upgrade cycle. Meanwhile, the highly anticipated upgrade supercycle for AI-enabled Apple iPhones has also been underwhelming. Dell shares fell as much as 12% in premarket trading after the computer hardware company reported revenue that […]

Zero Hedge

Dell, HP Shares Plunge After AI Fails To Ignite "PC Refresh Cycle" - Nemos News Network

(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 fell 13% in trading before the bell, with the company set to shed nearly $13 billion from its $99.50 billion market value, after it forecast quarterly revenue below estimates. HP dropped 9% and its market capitalisation was set to shrink by more than $…

Blue Water Healthy Living

Port Huron

St. Clair County

Michigan

HP, Dell's weak forecasts spark share selloff, doubts over PC market recovery - Blue Water Healthy Living

Dell reported $24.4 billion in revenue for its third quarter — a 10% year-on-year increase.Revenues jumped 34% in Dell's ISG division, which includes the company's AI operations.But a lower-than-expected fourth quarter outlook drove Dell's shares down 12% in premarket trading.Dell reported third-quarter earnings on Tuesday that showed promising growth for its AI business, but forecast lower overall revenues than expected for the end of the year.…

Dell and HP Shares Drop as PC Market Recovery Falters

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