Does having Tesla as a customer make Dell stock a buy? With a valuation more than 6 times sales, Tesla (TSLA 0.49%) costs significantly more than rival automotive stocks like Ford and General Motors, both of which sell for mere fractions of 1 times sales. Tesla fans defend Tesla's high valuation, arguing Tesla is more than just a car company -- that its investments in artificial intelligence to power its self-driving car technology mean Tesla is really an AI company. And investors in Dell Technologies (DELL ...

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. Dell Technologies (DELL) closed the latest trading day at $146.28, indicating a -1.93% change from the previous session's end. This change lagged the S&P 500's daily loss of 0.21%. Elsewhere, the Dow saw a downswing of 0.1%, while ...

A top European privacy watchdog is investigating following the recent breaches of Dell customers' personal information, TechCrunch has learned. Ireland's Data Protection Commission (DPC) deputy commissioner Graham Doyle confirmed to TechCrunch that the DPC has received "a breach notification on this matter" — referring to Dell — which is "currently under assessment." Asked to elaborate, Doyle declined to comment further. An unnamed Dell spokesperson also confirmed that the technology giant "notified regulat ...

Dell Technologies (DELL) shares ended the last trading session 11.2% higher at $149.16. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.8% gain over the past four weeks. Dell is benefiting from strong demand for AI servers driven by ongoing digital transformation and heightened interest in generative AI applications. This computer and technology services provider is expected to post quarterly earnings of $1.20 p ...

The S&P 500 Information Technology Sector index was up 2% at 3:15 p.m. ET Wednesday, while the broader S&P 500 was 1% higher and the tech-heavy Nasdaq advanced by nearly 1.3%. Disney CEO Points to Cost-Cutting at Disney+; Shares Slide Walt Disney (DIS) shares fell more than 2% Wednesday after CEO Bob Iger said the entertainment giant will be slashing expenses to boost profitability. Iger told MoffettNathanson's 2024 Media, Internet, and Communications Conference in New York that the costs at its Disney+ str ...

Analyst's AI revenue expectations Copy link to section Follow Invezz on Telegram , Twitter , and Google News for instant updates > Dell Technologies Inc. (NYSE:DELL) experienced a significant surge on Wednesday, with its stock rising more than 9% after Morgan Stanley raised its price target from $128 per share to $152 per share. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. This boost reflects growing investor confidence in Dell's performance and f ...

Dell shares are now up over 95% in 2024, trailing the 220% gain from rival AI servermaker Super Micro Computer, but surpassing Hewlett Packard Enterprise's 5% gains this year. Most AI servers are built around Nvidia's chips which have become prized in the technology industry because they are used to build and deploy advanced AI models from companies like Google, OpenAI and Meta. Dell sells servers using the newest Nvidia AI chips, including its H100 GPU and the latest Blackwell-generation chips. At Nvidia's ...

DELL is addressing the needs of smaller businesses and remote offices with the compact yet powerful Dell PowerEdge T160 and R260 servers, including Intel Xeon E-2400 Processors for increasing the performance compared with the previous generation. Dell Technologies (DELL) is expanding its server portfolio with the introduction of its latest-generation servers, the new PowerEdge R670 and R770 CSP Edition servers. The Dell PowerEdge R670 and R770 CSP Edition servers are designed to make it easier for organizat ...

Morgan Stanley raised its price target on Dell Technologies Inc (NYSE:DELL) to $152 from $128. The analyst said the technology company is "gaining momentum" with enterprise clients. More bull notes could be in store for DELL, too, as the 12-month consensus target price of $127.82 is an 8.6% discount to current levels. After surging to a record high of $143.74 right out of the gate, the equity is up 5% to trade at $140.87 at last check. Shares blasted through a ceiling a the $135 levels that contained rallie ...

The person who claimed to have stolen the physical addresses of 49 million Dell customers appears to have taken more data from a different Dell portal, TechCrunch has learned.The newly compromised data includes names, phone numbers and email addresses of Dell customers. This personal data is contained in customer “service reports,” which also include information on replacement hardware and parts, comments from on-site engineers, dispatch numbers, and in some cases diagnostic logs uploaded from the customer’ ...