Buffett sells about 3.07 million HP shares at a loss, PC market not favored?
Hawk_Finance
2023-10-09 18:30:29
3.14W
Share to:
Collect
Hot List Ranking
- Another Hong Kong stock has won a new meat bet! Chery Automobile officially submitted its listing application, with a compound annual growth rate of 57.6%, and an average daily profit of more than 41.85 million yuanCristiano
- After DeepSeek, China launched AI Agent King Bomb, and Manus used "digital agents" to reshape the boundaries of productivity?Cristiano
- Germany's fiscal "big turn": Can a 500 billion euro fund restart the European economic engine?Gareth
- The era of digital payments accelerates in Australia's cash utilization rate has plunged to 13%Gareth
- TSMC invests an additional $100 billion in the United States, setting a record for the largest foreign investment in U.S. historyHawk News
Buffett bought Hewlett-Packard last year, with a stake of 11 at one point..4%, after holding for a year, recently began to sell HP shares, according to the purchase price at the time, the current part of the sale has a loss, HP's problems are mainly concentrated in two areas, one is poor earnings, last quarter earnings revenue fell 9.9%, lower than market expectations, while profits fell by 32%; followed by HP's monotonous business structure, still computer-based, due to the current personal PC market saturation coupled with the replacement of smartphones, the outlook is bleak, in fact, the U.S. technology stocks, there are also traditional and new technology stocks trend differentiation, artificial intelligence as a representative of the new technology stocks, and traditional technology without the concept of artificial intelligence, represented by HP, so far underperforming。
·Original
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
Guess what you like