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Dell's AI business is booming, but shares plunged after it cut its revenue outlook
Despite Dell's strong positioning in AI-related technologies, the company's
shares
were down as much as 12% in premarket trading after its final quarter revenue outlook fell below Wall Street expectations. Analysts had forecast an outlook of $25.5 billion ...
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.
Dell’s stock falls on weak guidance, as more customers hold off for next-gen AI servers
Weak guidance sent Dell Technologies Inc. ‘s shares into a tailspin today, as the stock fell more than 10% in extended trading. 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.
1h
23andMe CEO Anne Wojcicki responds to critics, shares plan for company's future: "Essential for us to restructure"
Me CEO Anne Wojcicki talks to "CBS Mornings" co-host Gayle King about the company's recent struggles, welcoming employee ...
1h
on MSN
SoftBank Seeks to Buy $1.5 Billion OpenAI Shares From Employees
SoftBank Group Corp. aims to increase its stake in OpenAI by acquiring up to $1.5 billion in shares from the startup’s ...
5h
on MSN
Stock market today: Asian shares are mixed, with China benchmarks higher despite tariff talk
Shares are mixed in Asia, with Chinese shares leading gains, after U.S. stocks rose to records despite President-elect Donald ...
4h
India shares end higher led by Adani stocks
Indian shares ended higher on Wednesday, led by a rebound in Adani Group stocks after its subsidiary, Adani Green, clarified ...
4h
on MSN
Samsung Electronics appoints co-CEO in leadership shuffle focused on chip divisions; shares drop
Samsung Electronics announced a change in leadership for its memory and foundry chip divisions. The South Korean tech giant ...
21h
on MSN
Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
Nearly every major automaker operating in the U.S. has factories in Mexico, however GM and Stellantis produce highly ...
4h
Aston Martin raises new capital, warns on profit; shares at two-year low
Shares in Aston Martin fell as much as 9% to a more than two-year low on Wednesday after the British luxury carmaker warned ...
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