Shares of computer hardware and IT solutions company Dell (NYSE:DELL) fell 6.9% in the morning session after Morgan Stanley issued a double downgrade on the stock, cutting its rating from ‘Overweight’ to ‘Underweight’ and slashing its price target. The investment bank lowered its price target to $110 from $144. The downgrade stemmed from concerns over…
Dell Technologies CEO Michael Dell publicly endorsed Elon Musk‘s controversial $1 trillion performance-based compensation package ahead of Tesla’s November 6 shareholder vote, emphasising the plan’s risk-reward structure that ties Musk’s compensation directly to extraordinary company milestones.“Vote FOR @elonmusk. The award is only achieved IF he hits exceptionally ambitious market-cap and operational milestones—if he falls short,…
MILAN (AP) — Alessandro Dell’Acqua’s No. 21 collection for next spring and summer, presented Wednesday during Milan Fashion Week, is a study in lightness, as a hedge against the heavy times. “I believe that in moments of heaviness and uncertainty, sometimes taking a moment of lightheartedness and clearing your mind a bit can be good…
Dell Technologies Inc. (NYSE:DELL) is one of the AI Stocks Investors Should Keep on Their Radar. On August 29, Bank of America reiterated the stock as “Buy” and raised the price target to $167 from $165. The firm has deemed Dell as an “AI juggernaut” following earnings on Thursday. “We remain bullish on shares of DELL…
Nvidia (NVDA) and other US chip stocks fell on Friday as a pair of headlines put the sector on track for a losing week after Nvidia’s high-profile earnings report on Wednesday garnered a tepid reaction from investors. Nvidia shares dropped more than 3% Friday and shed about 2% for the week. Friday’s drop came after…
The Trump administration has made curbing China’s access to high-powered AI chips a high priority. According to the government, China may use the chips to build up its arsenal of military technology, and it simply can’t have that. At the same time, America’s considerable and longstanding chip export controls may also be aimed at slowing…
July 4 – CoreWeave (NASDAQ:CRWV) became the first cloud provider to install Nvidia’s (NASDAQ:NVDA) new Blackwell Ultra AI chips. The systems, built by Dell (NYSE:DELL), feature liquid?cooled racks housing 72 Blackwell Ultra GPUs alongside 36 Nvidia Grace CPUs. All units are assembled and tested in the U.S., Dell said. CoreWeave shares surged 6% Thursday, while…