Xerox Corp is a global leader in document management technology and services, specializing in innovative printing solutions, managed print services, and digital document workflows
The company offers a range of products and services designed to improve workplace efficiency and productivity, including multifunction printers, digital printing systems, and software solutions that facilitate seamless document creation and sharing. Beyond hardware, Xerox provides comprehensive business services such as document outsourcing and workflow automation, helping organizations optimize their operations and reduce costs while enhancing collaboration and sustainability in their processes.
Xerox Holdings cut its dividend because of weakness in its end markets. Demand for copiers, printers, and document management solutions is declining. In turn, this has resulted in lower revenue and profitability.
High dividend stocks are naturally appealing on the surface, due to their high dividend yields. But income investors need to make sure they do not fall into a dividend ‘trap’.
Xerox Holdings Corp (XRX) is an original equipment manufacturing and software company. Over the past year, Xerox’s share price was down 17% as of Thursday’s market close.
"Black Swan" author Nassim Taleb is warning investors about the fragility of wealth concentration in technology stocks, particularly highlighting Nvidia Corp. following its recent 17% decline amid the emergence of DeepSeek's artificial intelligence model.
Xerox CEO said, “2024 was a critical year as we implemented a new operating model and structural process improvements to position Xerox for long-term, sustainable growth.”
