Dell Technologies and HP reported quarterly financial results that suggest a long-awaited recovery of the personal computer market is stalling. The shares of each company dropped in premarket trading.
Dell stock tumbles after the computer and server maker issues a downbeat revenue forecast, and HP Inc. sinks after quarterly revenue misses expectations.
HP shares tumbled 11% after the personal-computer maker projected profit shy of Wall Street targets. SoftBank Group is doubling down on its investment in OpenAI, taking a bigger bet on the potential ...