"While consumer IT hardware spending has been reported to be very weak, from our vantage point, infrastructure spend is still very much holding," said CEO Hock Tan.

Stock futures kick-off September in the red; Nvidia tumbles as U.S. bans AI chip shipments to China; Disney reportedly mulling 'Amazon-like' membership program; Apple shares weaker as IDC lowers global smartphone outlook and Broadcom Q3 earnings in focus as chip market wobbles.

"We are taking clear actions to mitigate near-term market headwinds and further strengthen our business for the future," said CEO Enrique Lores.

Stock futures steady as jobs data stokes rate bets; ADP employment report returns ahead of Friday payrolls; Gasoline futures fall to pre-Russia/Ukraine levels; HP stock slides on weak pc market outlook and Snap tumbles after key ad execs decamp to Netflix.

Global PC shipments fell 11.1% year-over-year in the second quarter, the biggest annual decline since Q2 2013.

Stocks suffered their biggest single-day decline in six weeks Friday as investors re-set rate expectations following a hawkish update from Fed Chair Jerome Powell.

"The second quarter and second half macro dynamics have become more challenging as customers are taking a more cautious view," said Dell vice chairman Jeff Clarke.

Stock futures slip ahead of key Jackson Hole speech; Fed inflation gauge may give Powell more evidence of peak price pressures; Dell shares tumble after muted PC demand outlook; Gap shares surge after Banana Republic drives solid Q2 sales and Marvell shares move lower on supply chain caution in chip market

The AAP team at TheStreet assesses a number of key stocks from a variety of sectors.

Fully 89% of Americans say ex-offenders should be given a second chance, a survey says.

Participation in this sport grew the fastest of any in the U.S. from 2019-21, reaching the 4.8 million-player mark.

DocuSign said the job cuts will "improve operating margin and support the company’s growth, scale and profitability objectives".