Diamonds and Dogs

3/1/24

Tech is being led by Dell (DELL) up 25% following better than expected earnings and guidance. Dell seems to be benefiting from AI. Rival,  HP Enterprises is modestly higher following lackluster earnings.

The dog of the day goes to New York Community Bancorp down 25% as the CEO exits and the bank reports a fourth quarter loss of $2.7 billion due to internal control issues.

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