10 House P (4) 440 100 11 I TV 1 and the 11 1 i a th B 1 11 I I T the the 1 i t the state 1 1 i = 11 h TI ti t = Title H in 11:4 H d t 1 1 18 i Thinglass The buy recommendation I gave Dell Technologies (NYSE: DELL) when I last wrote about it on May 27, 2024, has not worked out so far. The stock price is down 31.40% compared to the S&P 500's (SPX) 6.25%. The market has turned lukewarn on Artificial Intelligence ("AU") infrastructure stocks over the last several months as investors worry about whether AI-rela ...

Dell stock could be about to shift into a higher gear. Investors in artificial intelligence (AI) can't seem to get enough of big tech companies in the "Magnificent Seven." Even other stocks in the sector such as Super Micro Computer, Broadcom, and Taiwan Semiconductor have started to emerge as more-mainstream choices in the AI realm. One stock that was once flying high but has since lost altitude during the past several months is computer maker and data-storage company Dell Technologies (DELL -1.54%). The c ...

Dell Technologies Inc. (NYSE:DELL) Citi 2024 Global TMT Results Conference September 4, 2024 11:40 AM ET Company Participants Michael Dell - Chairman & CEO Conference Call Participants Asiya Merchant - Citi Philip Drury - Citi Philip Drury Well, look, it's a great pleasure to warmly welcome all of you to our Citi Global Tech Media Telecom Conference 2024. My name is Philip Drury, I'm the Global Head of TMT Investment Banking at Citi. This is the first time we're bringing together both corporates and investo ...

quantic69 Dell (NY SE:DELL) reported better than expected earnings for its second fiscal quarter last week that were driven by strong demand for Al-oriented servers. As a hardware maker, Dell benefits from increased demand for artificial intelligence-capable IT products, which has resulted in high-single digit top line growth in the last quarter. Dell also raised its guidance for FY 2025 amid strong business tailwinds, especially in the Infrastructure Solutions Group. In my opinion, Dell is a tech dinosaur ...

The company continues to see AI-fueled growth even as its two other segments are beginning to turn around. One "old tech" stock that has emerged as a genuine artificial intelligence player this year is Dell Technologies (DELL -4.13%). Dell, of course, started as a personal computer giant, after founder Michael Dell began constructing PCs out of his dorm room and selling them directly to consumers. Fast-forward to today, and Dell has become one of the biggest enterprise and personal computer vendors, as well ...

As the stock market enters September, a weak month due to the sector and profit rotation, known as the "September Effect," investment opportunities remain plenty, especially with a much anticipated Federal Reserve interest rate cut on September 18. This cut could kickstart an interest rate-cutting cycle and bring elevated gains to the stock market. Considering these factors, Finbold decided to analyze the stock market for ample opportunities, with companies whose stocks are rated as a "strong buy" and which ...

Gerville/iStock via Getty Images The race to corner the artificial intelligence (AI) market is on. Hyperscalers like Alphabet (GOOG)(GOOGL), Meta (META), Amazon (AMZN), Microsoft (MSFT), and Elon Musk's xAI are spending billions, while companies across the globe are leveraging generative AI, robotic process automation, and machine learning to improve efficiency in a super-competitive business world. Musk believes AI will make the gigantic leap from generative (creating content or accomplishing tasks using m ...

Dell Technologies NYSE: DELL has rallied this year as the legacy personal computer firm has been transitioning its business toward the fast-growing AI space. Shares have provided a total return of nearly 50% this year, greatly outperforming the market and the technology sector. The Technology Select Sector SPDR Fund NYSEARCA: XLK has returned just 15% in 2024. Get Dell Technologies alerts: Dell: Changing Where its Bread is Buttered Dell breaks its business down into two operating segments: its Infrastructur ...

Dell Technologies Inc. DELL shares are trading higher after the company reported better-than-expected second-quarter financial results yesterday. Dell reported revenue of $25.03 billion, beating the consensus estimate of $24.14 billion, and adjusted earnings of $1.89 per share, beating analyst estimates of $1.71 per share, according to Benzinga Pro. In the conference call, the company stated that it expects solid top-line growth in the second half of the year. Dell expects adjusted EPS of $1.90 – $2.10 (vs. ...

Dell Technologies (DELL) reported non-GAAP earnings of $1.89 per share in second-quarter fiscal 2025, beating the Zacks Consensus Estimate by 8.62%. The bottom line increased 9% year over year. Revenues, on a non-GAAP basis, increased 9% year over year to $25 billion and beat the consensus mark by 3.03%. The upside was driven by exceptional performance in AI servers and a return to growth in the commercial PC business. DELL shares have surged 49% year to date compared with the Zacks Computer & Technology se ...