Dell Technologies Stock News

Dell Technologies stock has pulled back sharply over the past few days, with its market capitalization falling from $375 billion earlier this month to about $300 billion today. The decline has coincided with a broader retreat among other leading AI infrastructure companies.

Dell shares are tumbling after a huge rally, as analysts say higher memory prices—not an enterprise AI breakthrough—are driving hardware revenue growth.

An analyst sees limited room for Dell and HPE shares to continue climbing, as dynamics could shift within the market for memory components.

Barclays downgraded Dell, HPE, and NetApp on concerns that enterprise AI adoption is lagging. Dell tumbled 11%, leading the drop on Wall Street.

Some of this year's hottest stocks are taking a hit Wednesday after downgrades from Barclays.

Shares of debt-heavy AI firms tumbled on Wednesday as prospects of higher interest rates intensified concerns over the ​financing of the industry's massive buildout.

Shares of Dell Technologies (DELL), Hewlett Packard Enterprise (HPE) and NetApp (NTAP) fell in trading on Wednesday after Barclays downgraded all three stocks, citing elevated valuations and a lack of meaningful artificial intelligence (AI)-driven growth. Barclays analyst Tim Long lowered the ratings to Equal Weight from Overweight, adopting a more cautious outlook on IT hardware companies expo...

HPE stock, Dell Technologies, and NetApp are downgraded. All three stocks have surged this year.