Welcome to our dedicated page for Dell Technologies news (Ticker: $DELL), a resource for investors and traders seeking the latest updates and insights on Dell Technologies stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Dell Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Dell Technologies's position in the market.
Rhea-AI Summary
Dell Technologies (DELL) declares a quarterly cash dividend of $0.37 per common share, with an annual increase of 12% to $1.48 per common share. The dividend will be payable on Feb. 2, 2024, to shareholders of record as of Jan. 23, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
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Rhea-AI Summary
Dell Technologies (NYSE: DELL) will have Sam Burd, president of Client Solutions Group, present at the Barclays 2023 Global Technology Conference in San Francisco, CA on December 6, 2023. The webcast and replay of all conference webcasts will be available on Dell Technologies' Investor Relations page at investors.delltechnologies.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
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Rhea-AI Summary
Dell Technologies Inc. (NYSE:DELL) has commenced cash tender offers for up to $500.0 million aggregate principal amount of the debt securities, subject to the Aggregate Tender Cap and the Tender Sub-Caps. The Offers are scheduled to expire on January 3, 2024, and the settlement dates are expected to be December 20, 2023, and January 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
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Rhea-AI Summary
Dell Technologies (NYSE: DELL) reports third quarter revenue of $22.3 billion, with operating income of $1.5 billion and non-GAAP operating income of $2 billion. The company's diluted earnings per share were $1.36, and non-GAAP diluted earnings per share were $1.88. Dell's third quarter cash flow from operations was $2.2 billion, totaling $9.9 billion throughout the last 12 months. Despite a 10% year-over-year revenue decline, Dell ended the quarter with remaining performance obligations of $39 billion, recurring revenue of $5.6 billion, and deferred revenue of $29.1 billion. The company's cash and investment balance was $9.9 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.19%
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News
Rhea-AI Summary
Dell Technologies (DELL) and Imbue have entered into a $150 million agreement to build a new high-performance computing cluster for training foundation models optimized for reasoning. Imbue is an independent AI research company that develops its own foundation models and trains them to have more advanced reasoning capabilities. The cluster, powered by Dell PowerEdge XE9680 servers with NVIDIA H100 Tensor Core GPUs, is already being used by Imbue to train AI models and develop early prototype agents that can correct bugs in code and analyze lengthy documents. The purpose of the technology is to drive human progress, and Dell will provide Imbue with the powerful engine to help unearth the next generation of impactful AI innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
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Rhea-AI Summary
Broadcom Inc. (AVGO) and VMware, Inc. (VMW) have received final regulatory approval for Broadcom's acquisition of VMware, intending to close the transaction on November 22, 2023, after obtaining legal merger clearance in multiple countries and foreign investment control clearance in all necessary jurisdictions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
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Dell Technologies (DELL) will hold a conference call on Nov. 30, 2023, at 3:30 p.m. CST to discuss its fiscal 2024 third quarter financial results. The conference will be available as a live, audio-only webcast on Dell Technologies' website. The company will issue the results via a press release with accompanying financial statements before the conference call broadcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
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Rhea-AI Summary
Dell Technologies (NYSE: DELL) and Hugging Face collaborate to facilitate enterprise adoption of open-source generative AI models through on-premises infrastructure. The partnership aims to provide a new Dell portal on the Hugging Face platform, offering simplified deployment of customized large language models (LLM) on Dell servers and data storage systems.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
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Rhea-AI Summary
VMware (NYSE: VMW) and Orange Business strengthen partnership to deliver Flexible SD-WAN via Evolution Platform, addressing the needs of distributed, latency-sensitive workloads. The offering provides advanced automation capabilities, optimal user experience, and significantly improved employee productivity. It also enables end-to-end visibility and service guarantees, allowing organizations to bring up sites faster and benefit from a global network of Super PoPs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
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Rhea-AI Summary
DELL - Dell Technologies Introduces New Professional Services for Microsoft, Including Microsoft 365 Copilot | Dell's services help organizations adopt and scale next generation AI capabilities, empowering productivity and efficiency | Gartner predicts over 80% enterprise usage of GenAI by 2026
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
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Dell Technologies Inc.
NYSE:DELL
DELL Rankings
DELL Stock Data
106.47B
268.26M
13.88%
67.19%
0.9%
Electronic Computer Manufacturing
Manufacturing
United States of America
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About DELL
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