Dell Technologies (DELL) Stock

Dell's ISG division saw a 34% year-over-year growth, mainly due to a 58% increase in revenue from servers and networking. In the third quarter of FY25, Dell delivered $2.9 billion worth of AI servers, and their backlog reached $4.5 billion. Meanwhile, CSG revenue dropped by 1% year-over-year, as consumer sales decreased by 18%, although there was a 3% increase in sales of commercial PCs.

In this video, I will discuss Dell Technologies' latest earnings report and how it could affect Nvidia. Watch the brief video for more details, and don't forget to subscribe and check out the special offer link below.

Patrick Moorhead from Moor Insights & Strategy talks about how President-elect Trump's possible policies might impact the tech industry and Dell. He mentions that Dell could benefit from problems faced by another Cloud Service Provider, Supermicro, and its strong connection with the U.S. Federal government.

On the final trading day before Thanksgiving, key U.S. stock indexes fell.

Dell Technologies (DELL) saw its stock prices drop on Wednesday after JPMorgan described its third-quarter results as "admittedly messy." However, the bank's analysts believe that Dell may still have the potential to gain from the growth of artificial intelligence (AI) in the long run.

Dell's stock dropped after their earnings report and a decline in the PC market. However, Anjali Bastianpillai, a senior portfolio manager at Pictet Asset Management, notes that there are still high hopes for generative AI since the introduction of ChatGPT two years ago. She shares her insights with Caroline Hyde on "Bloomberg Technology."

Dell Technologies and HP Inc., two major personal computer companies, are predicting earnings that are lower than anticipated for this quarter. As a result, the stock prices of both companies have dropped by about 12%, marking what could be HP's worst day in over three years.

Dell Technologies (DELL -11.45%) saw its stock drop by 11% by 10:05 a.m. ET on Wednesday, following the release of its mixed earnings report the previous night.

Experts believe that Dell's earnings will increase when the supply of Nvidia Blackwell improves. They also point out that Dell is not pricing its AI servers as competitively as other companies.