Dell And HP Shares Fall Amid Lowered Forecasts - Forbes

Nov 27, 2024 · Topline. Personal computer giants Dell Technologies and HP Inc. are forecasting lower-than-expected earnings for the current quarter, causing shares of both companies to …

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Dell, HP Shares Drop 12% On Worse-Than-Expected Forecasts

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Personal computer giants Dell Technologies and HP Inc. are forecasting lower-than-expected earnings for the current quarter, causing shares of both companies to decrease by around …

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HP Stock Outperformed Dell Amid AI-Fueled PC Recovery. Is It

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Jun 6, 2024 · HP Inc. stock (NYSE: HPQ) has gained about 8% over the last week (five trading days) outperforming its peer Dell Technologies stock, which has declined about 18% over the …

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HP, Dell's Weak Forecasts Spark Share Selloff, Doubts Over PC ... - AOL

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Nov 27, 2024 · Dell tumbled 11%, with the company set to shed about $11 billion from its $99.50 billion market value, after it forecast quarterly revenue below estimates. HP dropped about 5% …

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S&P 500 Gains And Losses Today: Shares Of PC Makers Fall

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Nov 27, 2024 · Dell shares plunged 12.3% on Wednesday, the steepest drop of any stock in the S&P 500. Shares of fellow PC maker and printer specialist HP ( HPQ ) plunged 11.3% after …

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Dell, HP Shares Fall Up To 10% In Extended Trading After

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Nov 26, 2024 · Analysts, on average, projected $25.4 billion. Adjusted earnings will be $2.40 a share to $2.60, compared with the average estimate of $2.66. HP’s outlook also failed to …

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Market Turmoil: HP And Dell Face Share Selloff Amid PC Recovery …

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Nov 27, 2024 · HP and Dell experience stock declines on November 27, 2024, after disappointing forecasts about the PC market recovery. Dell's shares drop by 11%, losing $11 billion in …

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Dell And HP Stocks Plunge Over 10% Amid Weak PC Sales

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Nov 28, 2024 · On the evening of November 27, following the opening of the U.S. stock market, shares of major PC manufacturers Dell Technologies and HP plummeted. Dell’s stock fell by …

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FAQs about Dell And HP Shares Fall Amid Lowered Forecasts - Forbes Coupon?

Why did Dell & HP stock fall on Wednesday?

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. ...

How did Dell & HP stock perform in late trading?

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. ...

How does hp compare to Dell & Microsoft?

HP shares trade 10.84 times analysts' profit estimates, compared with 15.51 for Dell and 30.94 for Microsoft. (Reporting by Akash Sriram and Arsheeya Bajwa in Bengaluru; Editing by Maju Samuel) ...

Should you buy hp vs Dell?

HP shares trade 10.84 times analysts' profit estimates, compared with 15.51 for Dell and 30.94 for Microsoft. Traditional PC demand has weakened after a post-pandemic boom, while AI-powered computers have yet to see mass adoption despite some interest from corporate and education sectors. ...

Why is Dell stock a record high?

Dell’s business has surged amid increased demand for AI, reporting $800 million in AI server sales and another $2.9 billion in order backlog in March, sending the company’s stock to a record high. Dell founder and CEO Michael Dell’s fortune was cut by about $7.1 billion Wednesday as shares in his company dropped. ...

What is the outlook for Dell & HP?

For the quarter ending in February, Dell gave a revenue outlook of about $24.5 billion. Analysts, on average, projected $25.4 billion. Adjusted earnings will be $2.40 a share to $2.60, compared with the average estimate of $2.66. HP’s outlook also failed to impress. ...