HP, Dell's weak forecasts spark share selloff

NEW YORK CITY, New York: Shares of Dell and HP tumbled on November 27 after both companies issued disappointing forecasts, raising concerns about the recovery of the personal computer (PC) market despite increasing interest in AI-enabled PCs.

Dell's shares dropped 13 percent in pre-market trading, wiping nearly US$13 billion from its $99.5 billion market value after the company projected quarterly revenue below