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The Latest Breaking News from Dell Technologies Inc

Growing use of smart technologies and the rise in demand for GPUs in enterprises have boosted the tech hardware industry. Therefore, it could be wise for investors to buy tech hardware stocks Dell Technologies (DELL), HP (HPQ), and Quantum (QMCO) this month. Read more.

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Are These 3 Tech Stocks the Best to Own for June?

The tech industry is well-positioned for growth in the long term. Amid a rapidly advancing technological sector, let’s look at the prospects of fundamentally strong tech stocks Dell Technologies (DELL), AstroNova (ALOT), TransAct Technologies (TACT), which could be worth buying now.

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Like Apple? Then You Should Check out This Other Tech Stock

Apple (AAPL) boasts of an enviable cult-like following in the consumer electronics domain, but it may not be a wise investment at the current price level, given its bleak near-term growth prospects. Thus, we look at how Dell’s (DELL) forte in understanding and serving institutional customers could help investors capitalize…

StockNews.com

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1 Tech Stock to Buy and Hold in 2023 and 1 to Sell

The technology industry is well-positioned to witness significant growth in the foreseeable future, owing to the growing reliance on digital technologies and increasing IT spending. Hence, the fundamentally strong tech stock Dell Technologies (DELL) could be an ideal buy-and-hold option this year. However, WiSA Technologies (WISA) could be best avoided,…

StockNews.com

Microsoft, Dell and 2 Other Tech Stocks to Buy in the New Year

Despite macroeconomic headwinds, the tech industry is poised to witness significant growth this year due to solid demand and long-term growth prospects. Hence, fundamentally strong tech stocks Microsoft (MSFT), Dell Technologies (DELL), Canon (CAJ), and GoDaddy (GDDY) might be solid buys this new year. Read on….

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2 Tech Stocks to Buy and Hold for the Next Decade

Despite the tech industry bearing the brunt of the Fed’s aggressive interest rate hikes last year, the industry’s long-term growth outlook looks promising due to the strong demand for tech solutions. Therefore, it could be wise for investors to buy and hold fundamentally strong tech stocks Dell Technologies (DELL) and…

StockNews.com

3 Tech Stocks to Buy Now and Hold Forever

As the technology sector picks up following the slow demand and high borrowing costs, many beaten-down stocks could see a solid rebound. Given the industry’s long-term growth prospects, fundamentally strong tech stocks Microsoft Corporation (MSFT), Dell Technologies Inc. (DELL), and CTS Corporation (CTS) could be profitable long-term investments. Keep reading….

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Is the Tech Sector Making a Comeback? 3 Stocks to Get in on Now

Hiring activity in the tech sector remains on an upward trend underscoring its strength. Moreover, analysts are optimistic about the industry. So, with the sector seemingly making a comeback, tech stocks TDK Corporation (TTDKY), Toshiba Corporation (TOSYY), and Dell Technologies. (DELL) might be solid investments. Read on….

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Raymond James Downgrades Rating On VMware - Read Why

Raymond James analyst Simon Leopold downgraded VMware, Inc (NYSE:VMW) from Outperform to Market Perform. The re-rating reflects the expiry of the "Go Shop" period with no other bidders. He expects Broadcom Inc (NASDAQ:AVGO) deal to win approval but will take about a year to close. Leopold views Broadcom's bid of $61 billion, or $142.50 per share…

Benzinga

Nvidia, Apple, Microsoft And Others Set To Lose As Gartner Predicts Demand Softness For Smartphones, PCs In 2022

China's economic slowdown and inflation-led drop in consumer spending will likely weigh on the global shipments of computers and smartphones in 2022, as per a Reuters story citing research firm Gartner. Earlier this month, Advanced Micro Devices, Inc (NASDAQ:AMD) warned against a slowdown in the PC market after two solid years. Analysts expected the chipmaker to gain…

Benzinga

Are These 3 Tech Stocks On Your Watchlist?

Tech stocks have been under pressure amid rising inflation and the Federal Reserve’s interest rate hikes. However, with the growing need for technological improvements across various industries, adding fundamentally sound stocks Dell Technologies Inc. (DELL), GoDaddy Inc. (GDDY), and Extreme Networks, Inc. (EXTR) to your watchlist could be wise. Continue…

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L3Harris Technologies Eyes Israeli Spyware Firm NSO: Reports

L3Harris Technologies Inc (NYSE:LHX) is planning to acquire Israeli spyware firm NSO Group, Reuters reported, citing U.S. and Israeli media. The deal is expected to be finalized after being approved by Israel, the U.S., and L3Harris’ board of directors. A separate report published by Intelligence Online has shed light on the White House’s…

Benzinga

Short Volatility Alert: Dell Technologies Inc.

On Tuesday, shares of Dell Technologies Inc. (NYSE: DELL) experienced volatile short activity. After the activity, the stock price went up +0.73% to $49.94. The overall sentiment for DELL has been Neutral.

Benzinga

Dell Technologies Shares Gain After Q1 Results Beat

Dell Technologies Inc (NYSE: DELL) reported first-quarter FY23 revenue growth of 15.6% year-over-year to $26.1 billion, with growth across Infrastructure Solutions

Benzinga

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Buy the Dip: 3 Technology Stocks That Look Cheap

Even though the technology industry recently entered oversold territory on investors’ deep concerns about the Fed’s aggressive interest rate increases to fight inflation, the demand for advanced technologies is expected to remain high in the current, digital, era. So, we think it could be wise to buy the price dip…

Benzinga

Alibaba Undergoes Aggressive Restructuring At Its Cloud Unit

Alibaba Group Holding Ltd (NYSE:BABA) owned Alibaba Cloud initiated a new round of organizational restructuring, the Pandaily reports. Alibaba Cloud China President Ren Geng resigned for undisclosed reasons. Geng looked to leave as early as 2021 but stayed back. Also Read: Alibaba Looks To Slash Workforce By 30% After Its MMC Division Decides…

Benzinga

Dell, HP Shares Hit By Growth Concerns: Bloomberg

Investors are souring on Dell Technologies Inc (NYSE:D), HP Inc (NYSE:HPQ), and Hewlett Packard Enterprise Co (NYSE:HPE) on concern that surging inflation will curb consumer spending, Bloomberg reports. The report notes the Federal Reserve's effort to dampen those price increases is likely to crimp the economy in the coming months, further denting sales. Related: Here's Why Morgan Stanley…

Benzinga

Goldman Sachs Downgrades Rating On Dell; Removes From Conviction List

Goldman Sachs analyst Rod Hall downgraded Dell Technologies Inc (NYSE:DELL) to Neutral from Buy with a price target of $61, down from $68 (21.5% upside). Hall also removed the shares from Goldman's Americas Convictions List. Dell remains inexpensive compared to its peers. However, he sees increasing fundamental headwinds hindering this value unlock. The analyst notes…

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Benzinga

Here's Why Morgan Stanley Downgraded Dell

Morgan Stanley analyst Erik Woodring downgraded Dell Technologies Inc (NYSE:DELL) to Equal Weight from Overweight with a price target of $60, down from $66 (10.5% upside). The analyst noted that the 2022 outlook for data center infrastructure is strong, but cracks are occurring in the PC outlook. Woodring noted the valuation is likely to be…

Benzinga

Executives Sell Over $18M Of 3 Stocks

Although gold futures traded lower on Tuesday, there were a few notable insider trades.

Benzinga

Evercore Upgrades Dell, Calls FY23 Outlook Conservative

Evercore ISI analyst Amit Daryanani upgraded the rating on Dell Technologies Inc (NYSE:DELL) to Outperform from In-Line due to several factors, including what he called the company's "very conservative" for its 2023 fiscal year outlook. Daryanani believes Dell will surpass its Q1 FY22 forecasts due to "share gains across [Dell's] PC and infrastructure segments," as…

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