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SOL$68.97-5.07%
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Dell shares climbed over 4% premarket as upbeat Q3 results and record AI server orders lifted its full-year forecast.
Dell Technologies fell over 5% in premarket trading after Morgan Stanley downgraded the stock to Underweight, warning that rising memory costs will pressure margins.
Dell Technologies aims for $15 billion in AI server sales by fiscal 2025 despite financial challenges, including a recent revenue shortfall.
Dell Technologies is set to announce its quarterly earnings on November 26, 2024, with expectations of a 9% increase in EPS to $2.05.
Dell Technologies is advancing enterprise AI with new infrastructure and services, including PowerEdge XE servers and Data Lakehouse enhancements.
Should investors take advantage of the suppressive FUD effect on SMCI stock?
Dell announced today that its AI Factory platform will use Nvidia GPUs to power Elon Musk's xAI startup.
Dell's shares jumped 24% on AI server demand, SoundHound's fell 23% missing earnings, and NY Community Bancorp's dropped 21% after a CEO change and financial issues.