Dell Technologies Inc. (NYSE:DELL) is slated to step into the earnings confessional after the close tomorrow, May 30. Ahead of the event, the tech giant is trading at record highs, last seen 2.8% higher at $170.67 and earlier touching a peak of $171.77. Investors' enthusiasm surrounding artificial intelligence (AI) chips has many semiconductor names soaring in 2024, with DELL boasting a 120.8% year-to-date lead. Dell Technologies stock has a mostly positive post-earning history, with five of its last eight ...

Although Dell Technologies (NYSE: DELL) shares have recorded steady growth since the beginning of this year, Wall Street analysts have generally retained their views that DELL stock is a good investment in the following 12 months, as the company is about to publish its earnings. Indeed, while stock traders and investors are sitting at the edge of their seats waiting for the upcoming Dell quarterly earnings report on May 30, the price of DELL stocks has climbed over 122% year-to-date (YTD), gaining nearly 15 ...

Dell expects fiscal first-quarter revenues in the range of $21-$22 billion, with a midpoint of $21.5 billion indicating a 3% growth. Earnings are expected to be $1.15 per share (+/- 10 cents). The Zacks Consensus Estimate for revenues is pegged at $21.7 billion, suggesting a 3.73% growth from the figure reported in the year-ago quarter. Dell Technologies (DELL) is set to report its first-quarter fiscal 2025 results on May 30. Dell's end-to-end AI portfolio spanning client devices, servers, storage, data pro ...

JHVEPhoto Dell Technologies (NYSE:DELL) is an information technology ("IT") infrastructure and services provider that offers customers everything from data center equipment and enterprise IT solutions to personal computers ("PCs"). The company's industry is cyclical, and in recent years, Dell's products and services have been in a major downturn. The market has recently taken a major interest in the stock for two reasons. First, the company's most important end markets, PCs and enterprise servers, appear to ...

Investors looking for a hot AI stock that's reasonably valued right now should take a closer look at this company, as it seems set for more upside. The proliferation of artificial intelligence (AI) has given shares of many companies a big lift in the past year or so, and Dell Technologies (DELL 4.30%) is one of them. Shares of Dell have more than tripled in the past year as investors have been buying the stock hand over fist in the belief that it could benefit big time from the growing adoption of AI. That' ...

A previous column covered why position size was critical when we took a small loss in Dell (DELL). But just because a stock is a losing trade, doesn't mean it shouldn't be revisited. Here's how we handled a profitable trade in Dell stock and why we take notice of downside reversals. Downside reversals are easy to spot on a chart. When a stock gets to new highs and then closes down near its lows for the day with a loss, it's suspicious. Especially if there is a wider spread between the high and lows of the d ...

| | Analyst Estimates for Q1 FY 2025 | Q4 FY 2024 | Q1 FY 2024 | | --- | --- | --- | --- | | Revenue | $21.56 billion | $22.32 billion | $20.92 billion | | Diluted Earnings Per Share | 57 cents | $1.59 | 79 cents | | Net Income | $428.65 million | $1.16 billion | $578 million | Dell shares have more than doubled in value since the start of 2024, at $160.91 as of 2:45 p.m. ET Friday. Key Metrics: Infrastructure Solutions Group Revenue and AI Server Orders Back in February, Dell shares surged after the compan ...

The consensus among analysts is that 'Net Revenue- Infrastructure Solutions Group' will reach $9.10 billion. The estimate suggests a change of +19.9% year over year. Based on the collective assessment of analysts, 'Net Revenue- Other businesses' should arrive at $913.89 million. The estimate indicates a year-over-year change of -32%. The collective assessment of analysts points to an estimated 'Net Revenue- Client Solutions Group- Consumer' of $1.97 billion. The estimate points to a change of -7% from the y ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Dell Technologies (DELL) reports results for the quarter ended April 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 30. ...

SAN ANTONIO, May 23, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) – the leading end-to-end, hybrid multicloud, and AI solutions company, today announced being recognized as a Dell Technologies Global Alliances Service Provider of the Year, Americas. The recognition combines Dell's best- in-class products and solutions with Rackspace Technology's leading-edge information technology consulting and services to solve customers' business and IT challenges. It further establishes Rackspace's marke ...