LA Private

May 31, 2024

Dell’s latest quarterly report: AI and server growth overshadowed

The headline figures from Dell Technologies in its latest quarterly report, issued Thursday after hours, suggested AI and server ‘boom,’ but on closer scrutiny, investors shouted ‘gloom, gloom’ as there was a warning of margin pressures from a senior executive in a post-results briefing. So the shares, which were down more than 5% in regular

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