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Dell Stock Earnings Crash -- a Problem for Nvidia?

Dell stock crashed 20% after reporting. Is there a demand problem?

By Neil Rozenbaum – Jun 4, 2024 at 9:30AM EST

In this video, I will cover Dell Technologies' (DELL +13.11%) latest earnings report and explain why the stock dropped 20% and how this might affect Nvidia.

*Stock prices used were from the trading day of May 31, 2024. The video was published on May 31, 2024.

Read Next

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Dell Technologies Stock Quote
Dell Technologies
NYSE: DELL
$260.46
(+13.11%)+$30.19
Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$215.16
(+1.73%)+$3.66

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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