Fuelled by rocketing demand for AI computing equipment, Dell’s stock has tripled over the last year. Photograph: Avishek Das/SOPA Images/LightRocket via Getty
A record sell-off would ordinarily give shareholders’ sleepless nights, but investors can’t complain – ultimately, the stock price merely returned to where it was trading a week earlier. Fuelled by rocketing demand for AI computing equipment, Dell’s stock has tripled over the past year. A large-cap $95 billion stock such as Dell shouldn’t be swinging around like this. Alphabet shares have seen similarly wild swings over the past 18 months, with Mr Market’s mood going from jittery to euphoric as investors’ debated Google’s AI progress.Datalex report must pave way for company to deal with 18% Desmond loans
One such lesson: picking winners and losers is hard. Even “seemingly invincible” companies such as Intel can falter, while “some of the biggest winners of the internet revolution only emerged later”, it notes. Similarly, while some forecasters predicted the end of using office paper, “the spread of personal computing and printing peripherals actually increased paper use for many years”.