Dell shares tumble as Barclays questions AI valuations

Dell Technologies shares plunged more than 11% on Wednesday after Barclays downgraded the computer and server manufacturer, citing stretched valuations and uncertainty over the sustainability of enterprise artificial intelligence spending. The stock closed at approximately $508, marking one of its steepest daily declines in more than a year. The sell-off followed Barclays analyst Tim Long’s…

thearabianpost.com ·6h ago

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