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(Reuters) -HP forecast its first-quarter profit below Wall Street expectations on Tuesday, signaling persistent choppy demand in the personal computers market and sending the company's shares down 8% in extended trading. Traditional PC makers have been grappling with soft demand following a boom during the pandemic. AI PCs have not boosted the overall PC demand as "buyers have yet to see their clear benefits", Gartner analyst Mikako Kitagawa said.

Stocks wavered Tuesday as investors digested Trump's latest tariff plans, which he said would include a 25% tariff on imports from Canada and Mexico.

Investors are assessing the likelihood Trump will deliver on his threat to impose fresh tariffs on China, Canada and Mexico.

HP delivered fiscal fourth-quarter earnings that topped expectations, but an underwhelming forecast for the current quarter sent shares lower in extended trading Tuesday.

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Analysts are bullish on stocks for the coming year, and Deutsche Bank's 2025 target is among the more optimistic on Wall Street

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