Reported about 12 hours ago
Dell has predicted that its fourth-quarter revenue will fall short of Wall Street expectations due to declining demand for traditional PCs and increased competition from other server manufacturers. Although there is significant demand for its AI-optimized servers, the company's PC segment faces challenges from weak consumer spending in a fluctuating economy. Dell expects revenue between $24 billion and $25 billion, which is below analyst forecasts, prompting a drop of over 10% in its stock during extended trading.
Source: YAHOO