Dell Technologies Stock Price, News & Analysis

Dell Technologies (NYSE: DELL) will host a conference call on November 24, 2020, at 4:30 p.m. CST to discuss its third-quarter financial results for fiscal 2021. The audio-only webcast will be accessible on Dell's investor relations website, with an archived version available later. Prior to the call, the company will release its financial results and provide a presentation with detailed operational insights. This event is crucial for stakeholders to understand Dell's financial performance and strategic direction amidst the evolving tech landscape.

Dell Technologies has announced new Dell EMC Ready Solutions targeting high-performance computing (HPC) to enhance AI and computing innovations across healthcare, life sciences, and manufacturing sectors. Key highlights include:

• The Dell EMC Ready Solution for HPC Genomics dramatically reduces genome sequencing time from two weeks to under eight hours for the Translational Genomics Research Institute.
• New integrations for digital manufacturing streamline the design process.
• Collaborations for HPC and AI as-a-Service expand global access to high-performance resources.

On November 2, 2020, Woolworths, Australia's largest retailer, selected Dell Technologies (NYSE: DELL) to enhance its cloud capabilities, integrating public and private clouds for better inventory management across nearly 3,000 stores. This partnership aims to improve operational efficiency and responsiveness to demand fluctuations amid challenges like COVID-19. The collaboration includes the launch of the Woolworths Group Hosting Service, which streamlines processes like supply chain and payroll management through Dell's hybrid cloud model, enabling 24/7 operations and better budget planning.

Dell Technologies reports significant advancements in PC and IT infrastructure innovation, focusing on remote work capabilities and hybrid cloud services. The company modernized its infrastructure with products like Dell EMC PowerStore and PowerScale, while expanding hybrid cloud options with Dell Technologies Cloud and ruggedized VxRail. Despite market challenges, Dell's as-a-Service revenue grew 30% year-over-year. The firm has invested over $18 billion in R&D over the last five years, emphasizing its commitment to innovation and resilience in the evolving digital landscape.

Dell Technologies announced Project APEX, enhancing its as-a-Service capabilities to simplify IT consumption for customers. The initiative integrates various services, offering a unified platform for managing cloud and IT resources seamlessly. The new Dell Technologies Cloud Console will empower businesses with real-time management of their cloud services, while Storage as-a-Service will be available on-premises, facilitating greater operational flexibility. This expansion includes pricing options starting at $47 per month, geographic expansions to Europe, and a commitment to sustainability in infrastructure management.

Dell Technologies (NYSE:DELL) announces its early Black Friday deals starting from October 15, running through December 7. With online shopping surging, Dell aims to provide convenience and savings to customers, offering discounts up to $400 on selected products. The company reported a 79% increase in its direct online business in Q2 2020. New interactive shopping features include 360-degree demos and augmented reality tools.

Dell Technologies announces an expanded UltraSharp portfolio aimed at enhancing productivity for hybrid work environments. The highlights include the world's first professional monitor featuring 2K mini LED technology, delivering precise colors and contrast. New monitors emphasize eye comfort with low blue light reduction technology and improved ergonomics. Notable products include the UltraSharp 32 HDR PremierColor Monitor priced at $4,999.99, and the UltraSharp 24 USB-C Hub Monitor at $449.99. Meeting Space Solutions for Microsoft Teams Rooms will be available from October 15, 2020.

Dell Technologies (NYSE: DELL) will hold an investor call focused on Dell Financial Services (DFS) on October 7, 2020, at 2:00 p.m. CT. Key executives, including DFS president Bill Wavro and CFO Colin Keaney, will discuss DFS strategy, its impact on Dell's overall business, and the financing receivables portfolio. The event will consist of a presentation followed by a Q&A session led by Amit Daryanani from Evercore ISI. A live webcast and replay will be accessible via Dell's Investor Relations page.