Dell Technologies Stock Price, News & Analysis

Dell Technologies has unveiled groundbreaking collaboration tools, including the world's first 6K monitor with IPS Black technology and Zoom-certified keyboard. The Dell UltraSharp 32 6K Monitor (U3224KB) offers enhanced visuals with 150% more pixels than 4K, ideal for professionals requiring high detail. Other offerings include the Dell UltraSharp 34 Curved and 43 4K USB-C Hub Monitors for versatile connectivity. The new Premier Collaboration Keyboard and Rechargeable Mouse focus on maximizing productivity. Availability starts January 31, 2023.

VMware, Inc. (NYSE: VMW) has been recognized as a Leader in two IDC MarketScape reports concerning virtual client computing and end-user experience management. The assessments highlight VMware's broad ecosystem and its growing pool of certified professionals, beneficial for companies in a tight labor market. Furthermore, VMware's advanced technology portfolio, including Digital Employee Experience offerings, allows for enhanced productivity through agile virtual environments. These accolades come as the hybrid work model gains traction, underscoring VMware's commitment to improving digital work experiences.

Dell Technologies (NYSE: DELL) has declared a quarterly cash dividend of $0.33 per common share, payable on February 3 to shareholders on record as of January 25. This marks a continuation of its dividend policy initiated earlier in the year. Dell began paying dividends in April, following board approval in February. The announcement emphasizes Dell's commitment to returning value to its shareholders amidst its focus on innovation and digital transformation.

OneMind Technologies, a subsidiary of Affluence Corporation (OTC PINK:AFFU), has formed a strategic partnership with Dell Technologies (NYSE:DELL). This collaboration will see Dell integrate OneMind's Hypervisor into its Digital City Software product. The partnership aims to leverage Dell's extensive sales force to expand OneMind's global market reach, following previous successful projects. Both companies have participated in major Digital City events, showcasing their joint capabilities in the smart city sector.

Dell Technologies (NYSE: DELL) announced key presentations by Chuck Whitten, co-COO, and Matt Baker, SVP of corporate strategy, at upcoming investor conferences. Whitten will speak at the Credit Suisse 26th Annual Technology Conference on Nov. 30, 2022, at 9:55 a.m. CT in Scottsdale, AZ. Baker will present at the Barclays Global TMT Conference on Dec. 7, 2022, at 1:35 p.m. CT in San Francisco, CA. Live webcasts and replays will be available on Dell's Investor Relations page.

VMware reported Q3 fiscal 2023 revenue of $3.21 billion, a 1% increase year-over-year, with subscription and SaaS revenue reaching $988 million, up 20%. Subscription and SaaS ARR grew 24% to $4.10 billion. However, GAAP net income dropped 43% to $231 million ($0.54 per share), while non-GAAP net income fell 15% to $626 million ($1.47 per share). Operating income also decreased by 25% to $390 million. RPO increased 7% to $11.90 billion.

Dell Technologies has announced advancements in its PowerProtect Data Manager software and new appliance aimed at enhancing operational security and cyber resiliency. The introduction of isolated cyber vaults in Google Cloud expands Dell's cyber recovery capabilities. Additionally, the Dell APEX Data Storage Services now offers flexible backup storage as-a-Service. These innovations support the implementation of Zero Trust principles and include a new Cyber Recovery Guarantee, which provides up to $10 million in reimbursement for data recovery expenses following cyber incidents.

Dell Technologies (NYSE:DELL) expands its high-performance computing (HPC) portfolio with new server offerings to enhance AI capabilities. Key additions include the PowerEdge XE9680, XE9640, and XE8640 servers featuring advanced GPU options from NVIDIA and optimized for AI workloads. The Dell APEX High Performance Computing service allows organizations to manage scalable HPC workloads as a subscription. Additionally, the Dell Quantum Computing Solution integrates quantum technology into existing infrastructures. New validated designs for HPC aid financial institutions in risk assessment, accelerating data analyses.