May 31, 02:16 PM

Dell Technologies Shares Plummet Over 20% on AI Server Margin Concerns and Disappointing Profit Forecasts, Bank of America and Morgan Stanley Express Confidence

Dell Technologies ($DELL) shares plunged over 20% following disappointing profit forecasts related to AI servers. Despite strong AI server demand, the company faces margin concerns. Analysts revised price targets, with Bank of America and Morgan Stanley expressing confidence in Dell's long-term AI server prospects.

#Dell Technologies #Bank of America #Morgan Stanley #Dell

Written with ChatGPT (GPT-3).