FinanceCNBC Techabout 2 hours ago
Dell Shares Plummet 11% on AI Concerns
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Dell stock plunged 11% on Wednesday as analysts at Barclays downgraded its rating due to concerns about enterprise AI timing. The move dragged down Hewlett-Packard Enterprise, Oracle, and Super Micro amid fears that rising interest rates and weak revenue figures from OpenAI will hinder the AI buildout.
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