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Better Artificial Intelligence (AI) Stock: Dell vs. Super Micro Computer
The Motley Fool· 2024-04-06 20:25
Both server manufacturers are flying high on the stock market thanks to the growing demand for AI chips.The market for artificial intelligence (AI) servers has taken off in the past year as cloud companies and data center providers pour money into building their AI infrastructure and developing generative AI applications. This explains why server manufacturers such as Dell Technologies (DELL 4.37%) and Super Micro Computer (SMCI -1.04%) have seen their share prices explode.While Dell's stock price has nearl ...
Dell Technologies Inc. (DELL) Hit a 52 Week High, Can the Run Continue?
Zacks Investment Research· 2024-04-05 14:16
Have you been paying attention to shares of Dell Technologies (DELL) ? Shares have been on the move with the stock up 5.5% over the past month. The stock hit a new 52-week high of $136.16 in the previous session. Dell Technologies has gained 66.2% since the start of the year compared to the 11.6% move for the Zacks Computer and Technology sector and the 10.2% return for the Zacks Computers - IT Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, a ...
Why Dell Technologies Stock Jumped Over 20% Last Month
The Motley Fool· 2024-04-04 19:57
The company has enchanted investors with the promise of AI.Shares of Dell Technologies (DELL -1.14%) jumped 20.5% in March, according to data provided by S&P Global Market Intelligence. The entirety of this big gain happened on the first day of the month, right after the company released financial results for its fiscal fourth quarter of 2024.To be clear, it's not as if Dell's financial results were necessarily impressive in isolation. The company's net revenue was down 14% year over year in its fiscal 2024 ...
Dell shares hit record high on soaring demand for AI servers
Proactive Investors· 2024-04-04 19:26
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
New Strong Buy Stocks for April 4th
Zacks Investment Research· 2024-04-04 11:51
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Dell Technologies Inc. (DELL) : This technology solutions provider has seen the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days.NRx Pharmaceuticals, Inc. (NRXP) : This biopharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings increasing 8% over the last 60 days.StepStone Group LP (STEP) : This private investment company has seen the Zacks Consensus Estimate ...
Best Income Stocks to Buy for April 4th
Zacks Investment Research· 2024-04-04 10:16
Here are two stocks with buy rank and strong income characteristics for investors to consider today, April 4:StepStone Group LP (STEP) : This private investment company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% the last 60 days.This Zacks Rank #1 company has a dividend yield of 2.4%, compared with the industry average of 0.0%.Dell Technologies Inc. (DELL) : This technology solutions provider has witnessed the Zacks Consensus Estimate for its current year earnin ...
Best Value Stocks to Buy for April 4th
Zacks Investment Research· 2024-04-04 09:41
Here are two stocks with buy rank and strong value characteristics for investors to consider today, April 4:Dell Technologies Inc. (DELL) : This technology solutions provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days.Dell Technologies has a price-to-earnings ratio (P/E) of 15.49 compared with 20.82 for the S&P. The company possesses a Value Score of A.Paramount Global (PARAA) : This entertainment company carrie ...
Dell Technologies(DELL) - 2024 Q4 - Annual Report
2024-03-25 20:20
Table of Contents or UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Form 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 2, 2024 For the transition period from to Commission File Number: 001-37867 Dell Technologies Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of i ...
Dell Has Untapped Upside Risk
Seeking Alpha· 2024-03-19 19:09
Justin Sullivan Dell Technologies Inc. (NYSE:DELL) reported a sequential improvement across their ISG and CSG segments, with AI infrastructure building backlog. In tandem with other IT infrastructure manufacturers, Dell is experiencing a challenging networking equipment market as CIOs focus on cost-savings initiatives across their respective IT departments. I believe this can lead to a strong tailwind in the back-half of eFY25 through eFY26 as CIOs will seek to implement AI/ML applications for performan ...
Dell received a big compliment from Nvidia CEO at the GTC 2024
Invezz· 2024-03-19 17:14
Dell Technologies Inc (NYSE: DELL) is up 2.0% on Tuesday after it received a big compliment from Jensen Huang – the chief executive of Nvidia Corp (NASDAQ: NVDA).Nvidia says Dell is the best at what it doesCopy link to sectionHuang sees $DELL as the best at “building end-to-end systems of very large scale for the enterprise”. He made that remark at the GTC 2024 conference in San Jose, California where Nvidia also revealed the “world’s most powerful chip” for artificial intelligence as Invezz reported here.T ...