By Jaspreet Singh(Reuters) -Dell on Thursday forecast a decline in its adjusted gross margin rate for fiscal year 2026, hit by higher costs to build artificial intelligence servers in a fiercely competitive market, while its PC business also lagged amid soft demand.The Round Rock, Texas-based company’s shares fell about 2% in extended trading, even as it announced a $10 billion increase in its s ...
By Juby Babu(Reuters) - HP Inc (NYSE:HPQ) beat first-quarter revenue estimates on Thursday, driven by strength in its personal systems segment and growing demand for artificial intelligence-capable systems.The company also said it would lay off an additional 1,000 to 2,000 employees as part of its previously announced restructuring plan. The move is expected to generate savings of about $0.3 billi ...
By Douglas Gillison(Reuters) -The U.S. Consumer Financial Protection Bureau on Thursday dropped five enforcement actions against financial services companies accused of wrongdoing under the prior administration, including a major case against Capital One (NYSE:COF).The unprecedented mass dismissals eviscerated much of the watchdog agency’s remaining stable of legal actions against financial se ...
Investing.com-- U.S. stock index futures ticked higher on Thursday evening after Wall Street closed sharply lower, weighed down by steep losses in Nvidia following its quarterly earnings, while investors remained cautious ahead of a key inflation report due later this week.S&P 500 Futures inched 0.2% higher to 5,888.75 points, while Nasdaq 100 Futures rose 0.4% to 20,678.25 points by 19:1 ...