Dell Technologies Stock Slips After Earnings
Computer hardware giant Dell Technologies Inc (NYSE:DELL) is down 7.9% at $99.27 at last glance, following lackluster fourth-quarter results. The company's earnings came in at a record $8.14 per share, but revenue and current-quarter guidance disappointed. Dell also announced that it sold about $10 billion artificial intelligence (AI)-optimized servers the last fiscal year, and expects to sell $15 billion this year. A handful of analysts lowered their price targets after the event, including Susquehanna to ...