Tech giants in a descent: Dell and HP disappoint investors!

Tech giants in a descent: Dell and HP disappoint investors!

New York, USA - The US computer manufacturers Dell and HP are under great pressure due to disappointing business figures. The share prices of both companies experienced a drastic decline in pre-exchanged trading on Wall Street: Dell shares fell four percent, while HP even struggled with a minus of almost three percent. Despite a surprisingly high annual profit for Dell, due to the robust demand for powerful artificial intelligence systems, the sales goal was left behind the expectations. Analysts emphasize that the transition to AI-optimized computers progresses, but is also burdened by competitive pressure and tariffs, as [OE24] reports.

HP was able to increase its sales, but the forecasts for the profit disappointed the analysts. The uncertainty on the market and the growing competition represent serious challenges for both companies. The analysts of JPMorgan refer to these difficulties and indicate that Dell did not benefit from the stock reaction despite positive financial surprises, as well as HP, which also lost in the course of the publication of its figures. According to [Manager Magazin], these developments strengthen concerns about the long-term stability of the two industry giants.

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