Dell Stock Drops as Soft Q3 Profit Projection Offsets Strong AI Demand
1. Dell projected soft Q3 profit, causing a 7% share drop. 2. Adjusted EPS forecast of $2.45 falls short of $2.49 expectation. 3. AI server shipment guidance raised to $20 billion for FY26. 4. Dell's Q2 revenue grew 19% year-over-year to $29.78 billion. 5. PC segment sales missed estimates, indicating potential market share loss.