HP, Dell's weak forecasts spark share selloff, doubts over PC market recovery
Traditional PC demand has weakened after a post-pandemic boom, while AI-powered computers have yet to see mass adoption despite some interest from corporate and education sectors. The expected computer upgrade cycle due to Microsoft ending support for Windows 10 and transitioning to Windows 11 has been slower than anticipated.
HP forecasts Q1 profit below estimates on sluggish demand in PC market
HP forecast its first-quarter profit below Wall Street expectations on Tuesday, signaling persistent choppy demand in the personal computers market and sending the company's shares down 8% in extended trading.
HP’s stock sinks on lower guidance, despite optimism in the PC market
Profitability took a hit as well, as HP reported net earnings of $906 million for the quarter, down from $974 million one year earlier. The company also reported total revenue in fiscal 2024 of $53.6 billion, which was more or less flat compared to the prior year.
Dell, HP Stocks Tumble After PC Makers Give Downbeat Guidance
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
HP Gives Lackluster Profit Outlook on Slow PC Market Recovery
HP Inc. gave an outlook for profit in the current quarter that fell short of estimates, suggesting a setback in the personal computer market’s recovery from a yearslong slump.
HP Stock Tumbles After Earnings Report As Outlook Shows 'Coast Not Clear' For PC Market
HP stock tumbled after the tech company gave lower-than-expected profit guidance for its upcoming quarter Jim Cramer on HP Inc. (HPQ): ‘I Wanna Know The Truth Here If The AI PC Is Really Doing As Well
Dell, HP Shares Slump on Weak Outlooks as PC Upgrades Slow to Materialize
Dell Technologies and HP are both waiting for consumers to upgrade their personal computers, which is dragging on their sales for the time being. Shares of both tech companies slumped in late trading.
What Does HP Stand For? The History Behind The Computing Brand
HP is one of the most recognizable and respected brands in the home computer market, but it has been years since the company ...
HP Omen 17 review: This gaming laptop stays cool under pressure
To refresh you, the HP Omen 17 is equipped with an AMD Ryzen 7 8845HS CPU, a Nvidia GeForce RTX 4070 with 8GB of VRAM, and ...
Game Rant4h
HP's Victus Gaming Laptop Is One Of The Best Gaming Deals This Black Friday
You’ve reached your account maximum for followed topics. Holiday shoppers looking for a gaming laptop on a budget this ...
This speedy HP laptop with RTX 4060 is now $350 off ahead of Black Friday
We keep saying that Black Friday is the perfect time to get a new laptop, and this HP Omen deal is yet more proof of that.
'Lightweight and fast': This HP laptop is a wild $129 at Walmart's Black Friday sale
The retailer has the 'sweet and simple' computer for nearly 50% off. Plus, it comes in two fun colors — a sharp blue or a ...
Bloomberg L.P.1d
Dell, HP Inc. Report Disappointing Sales on Slower PC Market
Dell Technologies Inc. and HP Inc. reported quarterly financial results that suggest a long-awaited recovery of the ...