Latest news with #Dell
Globe and Mail
an hour ago
- Business
- Globe and Mail
DELL Stock Slides despite Praise from Wall Street
Yesterday, Dell Technologies (DELL) reported strong revenue results and provided a positive outlook, which suggests that the company is handling tariff issues effectively and increasing its share of the AI market. However, shares of the tech company are down at the time of writing. This is despite also receiving analyst praise for its performance and ability to benefit from increased AI spending in a tough economic environment. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Indeed, five-star Evercore ISI analyst Amit Daryanani, who rates Dell as Outperform with a $140 price target, said that Dell managed to limit the impact of tariffs and kept prices stable, unlike some of its competitors. He also pointed out that Dell's AI server business is growing fast, as its backlog increased by $5 billion from the previous quarter to $14.4 billion. As a result, he believes that customers are willing to pay more for Dell's strong supply chain and better execution, which should help the company gain market share even as a premium provider. Separately, five-star Wells Fargo analyst Aaron Rakers also kept an Overweight rating and a $150 price target on the stock. He said that Dell's results and outlook support the idea that the company is well-positioned for Nvidia's (NVDA) upcoming Blackwell chip cycle. Rakers also noted that Dell is handling its supply chain well, benefiting from a wave of commercial PC upgrades, and generating healthy free cash flow, which it is using to give money back to shareholders. Is DELL Stock a Buy? Overall, analysts have a Strong Buy consensus rating on DELL stock based on 10 Buys, one Hold, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average DELL price target of $134.55 per share implies 20% upside potential.
Fox News
6 hours ago
- Business
- Fox News
Fox News AI Newsletter: Scammers can exploit your data from just 1 ChatGPT search
Welcome to Fox News' Artificial Intelligence newsletter with the latest AI technology advancements. IN TODAY'S NEWSLETTER:- Scammers can exploit your data from just one ChatGPT search- Business Insider embraces AI while laying off 21% of workforce- Nvidia, Dell partner with Trump admin to make next-gen supercomputer GUARD YOUR DATA: ChatGPT and other large language models (LLMs) have become amazing helpers for everyday tasks. Whether it's summarizing complex ideas, designing a birthday card or even planning your apartment's layout, you can get impressive results with just a simple prompt. NEWS BREAK: Business Insider announced Thursday that the company will be shrinking the size of its newsroom and making layoffs, impacting over a fifth of its staff. Business Insider CEO Barbara Peng said in an internal memo obtained by Fox News Digital that the company is "fully embracing AI," as 70% of the company's staff currently uses Enterprise ChatGPT, with a goal of 100%. HIGH TECH: Nvidia and Dell on Thursday announced a breakthrough supercomputer powered by artificial intelligence (AI) will launch next year to help drive research at the Department of Energy (DOE). SETTING THE PACE: Pace University uses AI and scannable QR codes to read graduates' names. A-'EYE' IN THE SKY: Transportation Secretary Sean Duffy recently announced that artificial intelligence (AI) is being used to detect and address air traffic risks, following a slew of near-misses and fatal plane crashes across the country. 'PROFOUND TRANSFORMATION': Nvidia, a leader in the artificial intelligence (AI) space, saw shares rise 3% in after-hours trading following the announcement. The earnings report showed that first-quarter net income was up 26% from a year ago at nearly $19 billion, with revenue rising to $44 billion, up 69% from last year. 'AGRI-FICIAL' INTELLIGENCE: John Deere is turning to artificial intelligence to help farmers address labor shortages and enable them to handle other tasks associated with their business. APPLE'S AI RECKONING': OpenAI has just made a move that's turning heads across the tech world. The company is acquiring io, the AI device startup founded by Jony Ive, for nearly $6.5 billion. This isn't your typical business deal. It's a collaboration between Sam Altman, who leads OpenAI, and the designer responsible for some of Apple's most iconic products, including the iPhone and Apple Watch. STANDING TALL AGAIN: For Caroline Laubach, being a Wandercraft test pilot is about more than just trying out new technology. It's about reclaiming a sense of freedom and connection that many wheelchair users miss. Laubach, a spinal stroke survivor and full-time wheelchair user, has played a key role in demonstrating the personal AI-powered prototype exoskeleton's development, and her experience highlights just how life-changing this device can be. BOT BLUNDER: Google's artificial intelligence chatbot is being slammed for "anti-American" claims about the supposed White supremacist origins of Memorial Day. FOLLOW FOX NEWS ON SOCIAL MEDIA FacebookInstagramYouTubeXLinkedIn SIGN UP FOR OUR OTHER NEWSLETTERS Fox News FirstFox News OpinionFox News LifestyleFox News Health DOWNLOAD OUR APPS Fox NewsFox BusinessFox WeatherFox SportsTubi WATCH FOX NEWS ONLINE STREAM FOX NATION Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future with Fox News here.
Gizmodo
6 hours ago
- Business
- Gizmodo
This Dell Inspiron Touchscreen Laptop Is 72% Off, Feels Like a Freebie With Nearly $3,000 in Savings
You might not need a ton of the gadgets you end up spending money on, but a laptop is an important part of daily life. Whether you work at home or you just like to get online and browse or pay bills, you've got to have a home computer that you can rely on. There's just one catch: some computers are definitely a little too pricey. But you don't have to go for the ones that cost an arm and a leg. Not when there are some absolutely fantastic, reliable laptops out there that you can get for deals you wouldn't even dream of. Like right now at Amazon, you can save some serious cash on a computer that won't let you down. Check out Amazon to get the Dell Inspiron 15 3530 Touchscreen Laptop for just $1,000, down from its usual price of $3,600. That's $2600 off and a discount of 72%. This might be one of the best laptop deals we've seen here, so even if you're just thinking about a new computer, might as well lock it in. See at Amazon A lightweight and powerful laptop for any use case This Inspiron model isn't just another basic machine. It can offer serious performance when you need it, but it's still lightweight and super portable. In terms of what's inside, you're looking at a 13th Gen Intel 10-Core i7 processor that handles multitasking like a champ. Whether you're editing documents, running creative apps, or flipping between 15 open browser tabs, it won't stutter. Even better, it comes loaded with 64GB of RAM (yes, 64) which is far more than what most laptops in this price range offer. That means it can give you faster load times, smoother performance, and better responsiveness all around. Pair that with a 2TB SSD, and you've got enough fast storage to handle huge files, software installs, and backups with ease. The 15.6-inch full HD touchscreen is another plus. It's responsive and bright, perfect for anyone who prefers a more hands-on way to navigate. There's also a built-in numeric keypad for those who do a lot of number crunching, and even a DVD drive for anyone with physical media in their collection. It runs Windows 11 Pro, which gives you some extra perks like enterprise-level security and remote desktop capabilities—handy if you're using this as a work device. It also includes a lifetime Microsoft Office license, which means one less subscription to worry about. This deal might be one of the best we've seen out there, and it's going to require you to act fast if you want to save this much money. Be sure and claim yours now at 72% off, and you'll be a happy camper when it arrives. See at Amazon
Globe and Mail
11 hours ago
- Business
- Globe and Mail
Nvidia and Dell Power the Department of Energy's Next Supercomputer
Chip giant Nvidia (NVDA) and computer maker Dell Technologies (DELL) are combining forces to power the Department of Energy's (DOE) next-generation supercomputer, called Doudna. Named after Nobel Prize-winning scientist Jennifer Doudna, the advanced supercomputer is schedule for launch in 2026. The announcement was made by Secretary of Energy, Chris Wright, at the Lawrence Berkeley National Laboratory yesterday. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter The Doudna supercomputer will use Nvidia's latest ' Vera Rubin ' chips and will be built into Dell's advanced liquid-cooled servers. The supercomputer is designed to help roughly 11,000 researchers across the U.S. drive 'scientific discovery, from chemistry to physics to biology.' Here's What Doudna Is Expected to Do Typically, the DOE's supercomputers enable scientists to carry out fundamental scientific research and are also used for designing and maintaining the U.S. nuclear weapons store. Doudna is designed to integrate simulation, data, and artificial intelligence (AI) into a single platform. Scientists across the U.S. will be able to seamlessly steam data into the system and analyze real-time results. Doudna is expected to drive breakthroughs in fusion energy, materials science, accelerate drug discoveries, process real-time data from space, and support quantum workflows. The supercomputer is expected to be 10x faster in scientific output than its predecessor, Perlmutter, while using only 2x-3x more power. Nvidia's Crucial Role Amid Export Challenges Nvidia's involvement in this mission-critical project reflects the semiconductor giant's valued expertise and its importance to the U.S. administration. The news about Doudna comes amid Nvidia's ongoing struggle with chip exports to China. Recently, CEO Jensen Huang praised U.S. President Donald Trump for his 'vision' to boost domestic manufacturing, while also criticizing the stringent chip export restrictions on Nvidia, which have cost the company billions of dollars in lost revenue. The company has also drawn bipartisan criticism for its plan to open a research and development facility in Shanghai, with lawmakers citing national security concerns and warning of potential risks. Which AI Stock Is Better: NVDA or DELL? We used TipRanks' Stock Comparison Tool to determine which of the two companies, Nvidia or Dell, is currently favored by analysts. Investors can choose to invest in either stock after thorough research. Currently, both NVDA and DELL have earned analysts' 'Strong Buy' consensus rating, with NVDA stock offering higher upside potential compared to DELL.
Globe and Mail
21 hours ago
- Business
- Globe and Mail
DELL Earnings: Dell Technologies Posts Mixed Results but Raises Guidance
Dell Technologies (DELL) has reported mixed first-quarter financial results but raised its forward guidance. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter The Texas-based company announced earnings per share (EPS) of $1.55, which fell short of the $1.69 forecast on Wall Street. Revenue in the period totaled $23.38 billion, which surpassed the $23.14 billion consensus forecast of analysts. Sales were up 5% from a year earlier. In terms of guidance, Dell's executive team said they expect $2.25 in earnings per share for the current quarter, with between $28.5 billion and $29.5 billion of revenue. That outlook is significantly higher than consensus expectations. Management attributed the strong guidance to $7 billion in artificial intelligence (AI) systems that are expected to ship during the quarter. Full-Year Outlook For the full year, Dell expects $103 billion in revenue, which is in line with Wall Street forecasts. However, the company raised its forecast for full-year earnings to $9.40, which was a 10 cent increase from the company's previous outlook. Dell is one of chipmaker Nvidia's (NVDA) main vendors for the servers that run AI processors. Dell said in its latest earnings statement that it is seeing 'unprecedented demand' for AI servers and systems. Management said they have $14.4 billion in confirmed orders for AI systems in backlog that will ship in coming quarters. The company recorded $12.1 billion in AI orders during this year's first quarter. Segment Breakdown Dell's AI server business is reported as part of its Infrastructure Solutions Group, which had $10.3 billion in sales during the quarter, a 12% year-over-year increase. Of that, $6.3 billion was sales for servers and networking, and $4 billion was for computers that store data. The company's laptop and personal computer (PC) business, its Client Solutions Group, recorded $12.5 billion in sales as the global PC market begins to recover after slumping for several years. The computer maker spent $2.4 billion on share repurchases and dividends during the first quarter. DELL stock has declined 0.44% this year. Is DELL Stock a Buy? The stock of Dell Technologies has a consensus Strong Buy rating among nine Wall Street analysts. That rating is based on nine Buy recommendations issued in the last three months. The average DELL price target of $133.56 implies 17.52% upside from current levels. These ratings are likely to change after the company's financial results. Disclaimer & Disclosure Report an Issue
