NYSEDELL

Top AI Updates This Week: Michael Dell Discusses AI’s Swift Ascension, Nvidia’s AI Celebration Kicking Off, and More – Microsoft (NASDAQ:MSFT), Dell Technologies (NYSE:DELL)

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Top AI Updates This Week: Michael Dell Discusses AI’s Swift Ascension, Nvidia’s AI Celebration Kicking Off, and More – Microsoft (NASDAQ:MSFT), Dell Technologies (NYSE:DELL)

The technology industry continues to be focused on advancements in artificial intelligence (AI) this week. Nvidia Corp. is at the forefront of this discussion, with analysts predicting a promising future for the company’s AI businesses. Despite Nvidia’s recent success, Bank of America equity analyst Vivek Arya remains optimistic about the chipmaker’s prospects, citing strong fundamentals … Read more

NVIDIA’s CEO Jensen Huang emphasizes Dell partnership as crucial for broader AI adoption: ‘It’s more than just selling a product’ – NVIDIA (NASDAQ:NVDA), Dell Technologies (NYSE:DELL)

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NVIDIA’s CEO Jensen Huang emphasizes Dell partnership as crucial for broader AI adoption: ‘It’s more than just selling a product’ – NVIDIA (NASDAQ:NVDA), Dell Technologies (NYSE:DELL)

Nvidia’s CEO, Jensen Huang, emphasized the significance of the company’s partnership with Dell Technologies in advancing their artificial intelligence technology. The collaboration aims to make AI capabilities more accessible to a wider range of customers, enabling them to establish their own “AI factories.” Huang expressed the complexity of delivering not just a product but an … Read more

Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes – Dell Technologies (NYSE:DELL)

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Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes – Dell Technologies (NYSE:DELL)

Dell Technologies Inc DELL has implemented workforce reductions as part of its comprehensive cost-cutting strategy, which also encompasses constraints on external hiring and internal employee reorganizations.  As of February 2, 2024, Dell’s workforce has decreased to nearly 120,000 employees from about 126,000 the previous year, reflecting these changes.  This decision follows a declining demand for personal computers, which has … Read more

Why Wall Street Is Set To Open Mixed Today – VMware (NYSE:VMW), Victoria’s Secret (NYSE:VSCO), Broadcom (NASDAQ:AVGO), Dollar Gen (NYSE:DG), Hormel Foods (NYSE:HRL), Oxford Industries (NYSE:OXM), MongoDB (NASDAQ:MDB), The Communication Services Select Sector SPDR Fund (ARCA:XLC), Real Estate Select Sector SPDR Fund (The) (ARCA:XLRE), Ciena (NYSE:CIEN), Five Below (NASDAQ:FIVE), SentinelOne (NYSE:S), SPDR Select Sector Fund – Technology (ARCA:XLK), Chewy (NYSE:CHWY), SPDR Dow Jones Industrial Average ETF (ARCA:DIA), SPDR S&P 500 (ARCA:SPY), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), Dell Technologies (NYSE:DELL), Palantir Technologies (NYSE:PLTR), CrowdStrike Holdings (NASDAQ:CRWD), SPDR Select Sector Fund – Consumer Discretionary (ARCA:XLY), Okta (NASDAQ:OKTA), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Signet Jewelers (NYSE:SIG), United States Oil Fund (ARCA:USO), Lululemon Athletica (NASDAQ:LULU), Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), Invesco CurrencyShares Euro Currency Trust (ARCA:FXE), Genesco (NYSE:GCO), Campbell Soup (NYSE:CPB), Nutanix (NASDAQ:NTNX), PagerDuty (NYSE:PD), SPDR DJ Euro STOXX 50 Etf (ARCA:FEZ), Salesforce (NYSE:CRM), Ollie’s Bargain Outlet (NASDAQ:OLLI)

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Why Wall Street Is Set To Open Mixed Today – VMware (NYSE:VMW), Victoria’s Secret (NYSE:VSCO), Broadcom (NASDAQ:AVGO), Dollar Gen (NYSE:DG), Hormel Foods (NYSE:HRL), Oxford Industries (NYSE:OXM), MongoDB (NASDAQ:MDB), The Communication Services Select Sector SPDR Fund (ARCA:XLC), Real Estate Select Sector SPDR Fund (The) (ARCA:XLRE), Ciena (NYSE:CIEN), Five Below (NASDAQ:FIVE), SentinelOne (NYSE:S), SPDR Select Sector Fund – Technology (ARCA:XLK), Chewy (NYSE:CHWY), SPDR Dow Jones Industrial Average ETF (ARCA:DIA), SPDR S&P 500 (ARCA:SPY), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), Dell Technologies (NYSE:DELL), Palantir Technologies (NYSE:PLTR), CrowdStrike Holdings (NASDAQ:CRWD), SPDR Select Sector Fund – Consumer Discretionary (ARCA:XLY), Okta (NASDAQ:OKTA), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Signet Jewelers (NYSE:SIG), United States Oil Fund (ARCA:USO), Lululemon Athletica (NASDAQ:LULU), Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), Invesco CurrencyShares Euro Currency Trust (ARCA:FXE), Genesco (NYSE:GCO), Campbell Soup (NYSE:CPB), Nutanix (NASDAQ:NTNX), PagerDuty (NYSE:PD), SPDR DJ Euro STOXX 50 Etf (ARCA:FEZ), Salesforce (NYSE:CRM), Ollie’s Bargain Outlet (NASDAQ:OLLI)

Wall Street was broadly flat in Thursday midday trading in New York, with the S&P 500 Index attempting to mark its fifth consecutive day of gains as an inline PCE inflation report dispelled expectations of an impending Fed rate hike. The core PCE price index, the Fed’s preferred inflation gauge, came in at 4.2% year … Read more

Dell And VMware Earnings Preview: Less Than Meets The AI? (NYSE:DELL)

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Dell And VMware Earnings Preview: Less Than Meets The AI? (NYSE:DELL)

da-kuk Introduction Dell Technologies Inc. (NYSE:DELL), the enterprise hardware giant, and VMware, Inc. (NYSE:VMW), the virtualization specialist, are certainly two interesting companies to consider in the context of capitalizing on the coming artificial intelligence (AI) boom. Compared to stocks like Nvidia Corp. (NVDA), trading at a TTM P/E of nearly 90, shares of DELL and … Read more