Dell shares plunge despite Q1 earnings beat driven by AI server demand
Dell Inc. (NASDAQ:DELL) shares plunged almost 22% on Friday after the tech titan failed to meet investors' high AI server expectations. In its latest update, the computer hardware specialist raised its revenue outlook for fiscal 2025, ending in February next year, to a range of $93.5 billion to $97.5 billion, which represents an 8% increase at the mid-point.
Dell Stock Plunges Despite Q1 Beat: What To Know
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.
Dell (DELL) Q1 Earnings Top Estimates, Revenues Up Y/Y
Dell Technologies' (DELL) first-quarter fiscal 2025 results reflect strong demand for AI-optimized servers.
Why Dell's stock is having its worst day since 2018 despite strong AI demand
Investors have been laser-focused over the past year on identifying companies that can bring in meaningful artificial-intelligence revenue. But Dell Technologies Inc.'s latest earnings report highlights the importance of AI profits as well.
Secret Stocks With Staying Power: 3 Overlooked Picks Built for the Long Haul
If you have a long-term investment horizon, then focusing on stocks with staying power can be a great way to build wealth. These overlooked long-term stocks usually have strong industry moats or sticky products and services for their customers.
Shares of Dell fall 17% in premarket trading as AI servers are sold at 'near-zero margins'
Dell shares fell Friday over concerns about the company's margins and its AI server backlog. The company beat analysts' expectations and offered rosy guidance on Thursday, but it wasn't enough to appease Wall Street.
Inflation Report Eases Some Concerns While Earnings Season Wraps Up
Stocks closed lower on Thursday with the S&P 500 falling 0.6% and Nasdaq Composite dropping 1.1%. Volatility, which has rebounded from its lows, closed just below 14.5, which is still low by historical standards. After yesterday's close, a slew of earnings sent futures down even further. And thus far, this morning's Personal Consumption Expenditures (PCE) Index report, the Federal Reserve's preferred metric on inflation, has had a muted effect on markets.
Dell Stock Tumbles. Why Wall Street Is Staying Bullish, and Other Tech News Today
Tech stocks look set to continue their disappointing end to what has otherwise been a stellar month as the sector struggled again early Friday.
5 Things to Know Before the Stock Market Opens
The Federal Reserve's closely watched preferred inflation gauge figures are due today and expected to show price pressures being slowly subdued, potentially setting the stage for a rate cut later this year by the central bank; Dell Technologies (DELL) shares are slumping in premarket trading as its margins and operating income declines offset earnings that beat Wall Street estimates; Gap (GPS) shares are surging after the clothing and accessories retailer raised its outlook and posted a better-than-expected quarterly earnings report; Skydance Media has reportedly submitted a sweetened offer for a merger with Paramount Global (PARA); and MongoDB (MDB) shares are tanking after it lowered its full-year adjusted earnings and revenue guidance. U.S. stock futures are falling, extending Thursday's declines.
Dell shares slump as heavy AI investments expected to dent margin
Dell Technologies shares tumbled about 14% in premarket trading on Friday, as the PC and server maker expects sizeable AI investments to dent its quarterly profit.
Nvidia Stock Gains. What Dell's Earnings Mean for the Chip Maker.
Dell executives say there is strong demand for AI-powered servers, particularly those powered by Nvidia chips.
Dell Technologies Inc. (DELL) Q1 2025 Earnings Call Transcript
Start Time: 16:30 January 1, 0000 5:32 PM ET Dell Technologies Inc. Q1 2025 Earnings Conference Call May 30, 2024, 16:30 PM ET Company Participants Jeff Clarke - Vice Chairman and COO Yvonne McGill - CFO Tyler Johnson - Senior VP and Treasurer Rob Williams - Director, IR Conference Call Participants Krish Sankar - TD Cowen Toni Sacconaghi - Bernstein Ben Reitzes - Melius Research Erik Woodring - Morgan Stanley Wamsi Mohan - Bank of America Michael Ng - Goldman Sachs Amit Daryanani - Evercore Simon Leopold - Raymond James Ananda Baruah - Loop Capital Asiya Merchant - Citigroup Steven Fox - Fox Advisors Samik Chatterjee - JPMorgan David Vogt - UBS Operator Good afternoon, and welcome to the Fiscal Year 2025 First Quarter Financial Results Conference Call for Dell Technologies, Inc. I'd like to inform all participants this call is being recorded at the request of Dell Technologies. This broadcast is the copyrighted property of Dell Technologies, Inc. Any rebroadcast of this information in whole or part without the prior written permission of Dell Technologies is prohibited.
