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Dell stock sinks after company warns AI spending 'will not be linear'

Dell Technologies stock sank Wednesday as the company took a cautionary approach to its fourth quarter guidance, warning that AI growth "will not be linear."

Yahoo Finance 7 minutes ago

DELL

NVDA
Stock futures, October PCE, HP and Dell earnings: 3 Things

US stock futures (ES=F, NQ=F, YM=F) are mixed Wednesday morning as the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) climbed to record highs in yesterday's session. Treasury yields (^TYX, ^TNX, ^FVX) dip further ahead of October's Personal Consumption Expenditures (PCE) index due out later this morning. Dell Technologies (DELL) and HP Inc. (HPQ) slide even lower in this morning's pre-market trading after their respective earnings results indicated a slowdown in the PC market. Catch Yahoo Finance executive editor Brian Sozzi's full interview with HP CEO Enrique Lores. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 1 hour ago

YM=F

^GSPC

^DJI
HP stock tumbles on weak outlook driven by slow PC recovery

HP (HPQ) shares slide after the company reported fiscal fourth quarter results in line with analyst estimates, sharing revenue of $14.06 billion and adjusted earnings per share (EPS) of $0.93. The company forecasts EPS for the next quarter to come out in a range between $0.70 and $0.76, below Wall Street's estimates. The legacy computer maker's results signal a slow recovery in the PC market. Market Domination Overtime Hosts Julie Hyman and Josh Lipton break down the print. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Naomi Buchanan.

Yahoo Finance Video 17 hours ago

HPQ
AWS re:Invent 2024: What to expect and how to watch Amazon's biggest event of the year

Amazon Web Services' (AWS) biggest conference of the year is around the corner, and all signs point to it being an eventful one. AWS re:Invent 2024 kicks off in Las Vegas on Sunday, with sessions scheduled to run through December 6. A keynote address featuring AWS CEO Matt Garman will take place December 3, starting at 8 a.m. PT sharp. AWS plans to make a livestream of the keynote available on YouTube, and we'll be covering everything that's announced onstage. Keep your eyes peeled for that, as

TechCrunch 17 hours ago

AMZN
Q3 2025 Workday Inc Earnings Call

Q3 2025 Workday Inc Earnings Call

Thomson Reuters StreetEvents 20 minutes ago

WDAY
Piper Sandler downgrades Workday on waning growth prospects

Investing.com -- Piper Sandler downgraded Workday Inc (NASDAQ:WDAY) Inc to "neutral" from "overweight" on Wednesday, citing concerns over waning growth prospects as subscription revenue and bookings continue to decrease.

Investing.com 25 minutes ago

WDAY
Warren Buffett's AI Bets: 23.8% of Berkshire Hathaway's $298 Billion Stock Portfolio Is Held in These 2 Artificial Intelligence (AI) Growth Stocks

Want to know how one of history's most successful investors is playing the AI trend?

Motley Fool 25 minutes ago

AAPL

AMZN
Amazon Champions Small Business Success Ahead of the Holidays

Independent sellers on Amazon saw record sales during Prime Big Deal Days 2024, setting the stage for a strong holiday shopping season for small businesses.

WWD 26 minutes ago

AMZN
Walmart-backed Symbotic plummets 35% on delayed annual filing, financial reporting concerns

Symbotic said it needed more time to assess the financial impacts of correcting a revenue recognition error and its effects on the fiscal year ended September 28, 2024. The company, which went public in June 2022, builds and operates robotic warehouse systems for retail giants, including Walmart, Target, Albertsons, and C&S Wholesale. As of Jan. 2024, Walmart owned a 14.5% stake in Symbotic, according to LSEG data.

Reuters 30 minutes ago

SYM

WMT
Update: Wedbush Raises Price Target on CrowdStrike Holdings to $390 From $330, Maintains Outperform Rating

(Updated to include the analyst's commentary) Wedbush raised its price target on CrowdStrike (CRW

PREMIUM
MT Newswires 35 minutes ago

CRWD
Dell and HP Inc. Fall After Reporting Disappointing PC Sales

(Bloomberg) -- Shares of Dell Technologies Inc. and HP Inc. fell on Wednesday after both companies reported weak results, disappointing investors who have been waiting for a recovery in the personal computer market.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC Gets Historic Push for 80,000 Homes With $5 Billion PledgeRevenue

Bloomberg 36 minutes ago

HPQ

DELL
Prediction: 2 Stocks That Will Be Worth More Than Apple 10 Years From Now

What could dethrone Apple in the coming decade? A couple of experienced challengers look ready to outgrow the world's largest stock.

Motley Fool 44 minutes ago

AAPL

GOOG

AMZN
CrowdStrike Falls After Disappointing Earnings Outlook

(Bloomberg) -- CrowdStrike Holdings Inc. fell in early trading on Wednesday after the cybersecurity company issued a weaker-than-expected earnings forecast, disappointing investors who have been watching for signs that it has recovered from a flawed update that crashed computers around the world.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Tak

Bloomberg 45 minutes ago

CRWD
Amazon's top 12 Black Friday deals under $50

Black Friday and Cyber Monday are just days away, and Amazon is already offering deals across every category.

Quartz 45 minutes ago

AMZN
Watch These Workday Price Levels as Stock Tumbles on Disappointing Outlook

Workday shares plunged in early trading Wednesday after the software maker provided a weaker-than-expected outlook. Monitor these key chart levels.

Investopedia 52 minutes ago

WDAY
CrowdStrike 'Not Yet Out Of The Woods' Amid IT Outage, Says Analyst

CrowdStrike stock fell as the January quarter outlook for a key financial metric underwhelmed investors amid July's global IT outage.

Investor's Business Daily 54 minutes ago

CRWD
Why Is Eye Disease-Focused Outlook Therapeutics Stock Trading Lower On Wednesday?

Outlook Therapeutics Inc. (NASDAQ:OTLK) revealed preliminary topline results of NORSE EIGHT, the second of two clinical trials evaluating ONS-5010 in wet AMD patients. In the NORSE EIGHT trial, ONS-5010 did not meet the pre-specified noninferiority endpoint at week 8 set forth in the special protocol assessment (SPA) with the FDA. The pre-specified noninferiority endpoint was measured by mean change in best corrected visual acuity (BCVA) from baseline to week 8. Also Read: Why Is Eye Disease-Foc

Benzinga 58 minutes ago

OTLK

ROG.SW
Dell Stock Tumbles As Sales Miss Estimates Despite 'Robust' AI Opportunity

Dell Technologies stock tumbled in early Wednesday, after the tech hardware company reported mixed fiscal third quarter results. Earnings beat estimates but Dell's revenue and its sales outlook came up short, despite strong growth from AI-related server sales. Dell said late Tuesday that it earned an adjusted $2.15 per share on sales of $24.4 billion for the October-ended quarter.

Investor's Business Daily 1 hour ago

DELL
Autodesk Stock Tanks 8%--What Investors Need to Know About Its Surprising Q3 Results

Strong revenue growth, rising billings, and leadership shifts spark mixed reactions--should you buy the dip?

GuruFocus.com 1 hour ago

ADSK
Sector Update: Health Care Stocks Rise Pre-Bell Wednesday

Health care stocks rose premarket Wednesday as the Health Care Select Sector SPDR Fund (XLV) advance

PREMIUM
MT Newswires 1 hour ago

GRFS

OTLK

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Dell stock sinks after company warns AI spending 'will not be linear'

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