Dell shares fall on light forecast despite growing AI sales

Dell is a top vendor for computers required to develop and deploy artificial intelligence, especially computers based around Nvidia chips.

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Dell sees AI-server boom gain more steam, but overall revenue falls short

Dell beat expectations in its infrastructure solutions group, which includes servers, but came up short in client solutions, which includes PCs
MarketWatch - 5d
Dr Martens’ shares jump 15% on new CEO’s start date despite drop in first half sales

Dr Martens said its new CEO Ije Nwokorie will take over from incumbent Kenny Wilson on Jan. 6 2025, in a shakeup investors hope could boost the struggling boot maker
MarketWatch - 4d
Applied Materials Offers Modest Sales Outlook on Slowdown of Chinese Market; Shares Fall

Applied Materials forecasts revenue growth of between 8% and 12% across its core semiconductor-systems business and its applied global-services segment, respectively, but also a 28% drop in display ...
The Wall Street Journal - Nov. 14
AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor

Cisco and Pure Storage have backed CoreWeave, which is taking on Amazon in supplying cloud-based Nvidia graphics cards to companies for artificial intelligence.
CNBC - Nov. 13
Workday stock slips on light quarterly forecast

Workday called for a 25% adjusted operating margin in the current quarter, below Wall Street's estimate of 25.5%.
CNBC - 5d
Meituan's Profit Triples as Revenue Grows Despite Competition

The Chinese food-delivery giant’s profit more than tripled in the third quarter as revenue jumped.
The Wall Street Journal - 3d
Honda Motor Cuts Forecasts for Car Sales, Profit

The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.
The Wall Street Journal - Nov. 6

Dell shares fall on light forecast despite growing AI sales

Topics

Related

Dell sees AI-server boom gain more steam, but overall revenue falls short

Dr Martens’ shares jump 15% on new CEO’s start date despite drop in first half sales

Applied Materials Offers Modest Sales Outlook on Slowdown of Chinese Market; Shares Fall

AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor

Workday stock slips on light quarterly forecast

Meituan's Profit Triples as Revenue Grows Despite Competition

Honda Motor Cuts Forecasts for Car Sales, Profit

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