{
  "id": 760224,
  "title": "Dell, HP stocks rises on Lenovo’s strong quarterly results",
  "url": "https://urgent.news/2026/08/13/dell-hp-stocks-rises-on-lenovos-strong-quarterly-results",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T11:35:09.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/dell-hp-stocks-rises-on-lenovos-strong-quarterly-results-93CH-4857519"
  },
  "original_language": "en",
  "account": "On Thursday, Dell Technologies (DELL) shares surged 4% in pre-market trading, while HP Inc. (HPQ) climbed 6.5% and Hewlett Packard Enterprise (HPE) increased 3.5%, driven by strong quarterly results from Lenovo. The tech giant's first-quarter performance, reported at $26.94 billion, exceeded market expectations by a significant margin, growing at a 43% year-over-year rate. Lenovo's infrastructure solutions revenue expanded 98% YoY to $8.51 billion, surpassing expectations by a wide margin of $6.13 billion. The company's intelligent devices revenue reached $17.11 billion, marking a 27% YoY increase. Solutions and services revenue grew 28% YoY to $2.88 billion, also beating the consensus estimate of $2.71 billion. Lenovo's AI-related revenues increased by a substantial 60% YoY, accounting for 35% of the company's total revenue. The gross margin improved to 16.5% from 14.7% in the previous year, slightly above the estimated 16%. Furthermore, Lenovo revealed ambitions to achieve $100 billion in revenue by the end of its current fiscal year. This report was generated with the assistance of artificial intelligence and thoroughly reviewed by a seasoned editor.",
  "summary": null,
  "key_points": [
    "Dell, HP stocks rise 4% and 6.5% respectively",
    "Lenovo's Q1 revenue exceeds expectations by $6.13B",
    "AI-related revenues up 60% YoY, accounting for 35%"
  ],
  "editors_take": "Strong quarterly results from Lenovo boost investor confidence in rival tech companies Dell, HP, and Hewlett Packard Enterprise, driving up their stock prices in pre-market trading.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}