Read about Dell's turbulent stock slide and the surprising reason behind it!
Dell faced a rough ride in the stock market with a 19% tumble as their earnings lagged behind the growth in AI server sales. Despite an increase in revenue from AI servers, their profits failed to follow suit, leading to a drastic decline in stock value. The first quarter results showed a 2.5% drop in gross margins due to slowing demand for their products, causing further concern among investors. Even with better-than-expected earnings and revenue, Dell's stock continued to plummet, with Wells Fargo analysts deeming the pressure 'overdone.'
Dell is seeing higher revenue from AI server sales but it's not leading to a corresponding increase in profits. Dell stock tanked on Friday.
Specifically, Dell shares (DELL) were tumbling 19% Friday morning, despite rampant growth in AI-server shipments and the company's backlog for that product.
Shares of Dell (DELL) fell sharply on Friday after the company's first quarter results revealed a 2.5% drop in gross margins due to slowing demand for its ...
The technology-heavy Nasdaq Composite index was flat Thursday, underperforming the S&P 500 and Dow Jones Industrial Average. The Nasdaq is up 6.8% in May, ...
Dell Technologies stock slid, despite the company reporting better-than-expected earnings and revenue, boosted by surging demand for AI-oriented servers.
Wells Fargo analysts believe the recent pressure on Dell Technologies (NYSE:DELL)' stock is โoverdone,โ referring to the 15% sell-off in the stock following ...
Dell Technologies (DELL) stock dropped 14% in premarket trade on Friday despite its in-line Q1 results, as the PC maker's full-year margin guidance ...
Shares of Dell fall 16% as AI servers are sold at 'near-zero margins' · Dell shares fell Friday over concerns about the company's margins and its AI server ...
Dell stock is tanking after the PC maker beat Q1 estimates but issued a mixed outlook for its second quarter. Here's what you need to know.
(Bloomberg) -- Dell Technologies Inc. fell the most in four years on Friday after its first revenue increase since 2022 wasn't enough to impress investors ...
Dell's stock price fell more than 20% on Friday as investors worried about its not-yet-very-profitable AI servers. But analysts at major investing firms ...
Shares of Dell Technologies (DELL -17.87%) were taking a dive today as the company reported only modest growth in its first-quarter earnings report and ...
By Emily Bary. Investors 'likely to get anxious relative to the cost of driving the strong revenue-growth trajectory,' says JPMorgan.