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 ...
HP stock tumbled late Tuesday despite the computer hardware company reporting fiscal fourth quarter earnings that met expectations and better-than-expected sales. The company's profit guidance was ...
Treasury yields slipped in the bond market. The yield on the 10-year Treasury fell to 4.25% from 4.30% late Tuesday. The yield on the two-year Treasury, which more closely follows expected actions by ...
Shares of Dell and HP slid in morning trading after both personal-computer makers issued downbeat outlooks. Executives said consumers were proving slow to upgrade PCs, but cited artificial-inte ...