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.
Dell Technologies Inc. reports developments across enterprise information technology, including commercial personal computers, workstations, data-center hardware, storage systems and services for AI workloads. Company news commonly covers portfolio updates such as Dell Pro notebooks, Dell Pro Precision workstations, Dell Pro Max systems, monitors and client peripherals, as well as AI infrastructure offerings built around the Dell AI Factory with NVIDIA, the Dell AI Data Platform and Dell Data Lakehouse architecture.
Recurring updates also address partnerships and integrations with technology vendors, cybersecurity and cyber-resilience capabilities, storage platforms including ECS, ObjectScale and PowerScale, and management presentations on financial strategy. Corporate governance items may include proxy-related matters and incorporation-governance proposals tied to the company's public-company structure.
Dell Technologies has enhanced the University of Pisa’s infrastructure with its Dell EMC PowerStore, achieving a 6x performance improvement for scientific computing. The university upgraded to Dell EMC PowerMax, realizing 5x faster data processing and 80% better performance for critical applications. These advancements support over 53,000 students and faculty with reliable access to data during remote learning. Additionally, Dell's solutions aid in COVID-19 research and expand storage capabilities, anticipating a doubling of unstructured data within a year.
Dell Technologies, SK Telecom, and VMware announced a collaboration to develop OneBox MEC, an integrated multi-access edge computing solution. This platform aims to enhance private mobility and edge computing for industries like healthcare and retail, addressing latency and reliability issues. The OneBox MEC will utilize Dell EMC PowerEdge XE2420 servers, delivering secure, efficient performance for enterprises. Through this partnership, companies can launch new services quickly, leveraging 5G and edge capabilities to transform their operations.
Dell Technologies (NYSE: DELL) will have Sam Burd, President of the Client Solutions Group, speak at the J.P. Morgan 19th Annual Tech/Auto Forum during CES 2021. The virtual event is scheduled for January 12, 2021, at 1:50 p.m. CT. A live webcast will be available along with a replay on Dell's Investor Relations page. Dell Technologies is committed to enabling organizations and individuals to build their digital future with an extensive technology and services portfolio. For more details, visit investors.delltechnologies.com.
Dell Technologies introduced a new range of PCs, monitors, and software aimed at enhancing workplace efficiency and collaboration. Key highlights include 5G-capable devices, the integration of bioplastics from tree waste, and advanced security features. The introduction of Dell Optimizer software enhances performance and connectivity, while new Latitude and OptiPlex products are designed for modern work environments. The pricing starts from $1,049 for some models and aims to support sustainability goals as outlined in Dell's Progress Made Real plan.
Dell Technologies (NYSE: DELL) will present at several virtual investor conferences the week of December 7, 2020. Key speakers include Matt Baker, Yvonne McGill, and Dennis Hoffman. The schedule includes:
- UBS Global TMT Conference, December 7 at 11:05 a.m. CT
- Raymond James Technology Investors Conference, December 8 at 2:20 p.m. CT
- Barclays Global TMT Conference, December 9 at 2:30 p.m. CT
Webcasts of the presentations will be available on Dell's Investor Relations page for six months.
Dell Technologies (NYSE: DELL) announced that CFO Tom Sweet and COO Jeff Clarke will present at two virtual conferences in early December 2020. Tom Sweet will speak at the Wells Fargo TMT Summit on December 1, 2020, at 11:00 a.m. CT. Jeff Clarke will present at the Credit Suisse 24th Annual Technology Conference on December 3, 2020, at 2:00 p.m. CT. Live audio webcasts will be available on Dell's Investor Relations page, with replays accessible for six months.
Dell Technologies reported a 3% increase in total revenue for Q3 FY2021, reaching $23.5 billion. The Client Solutions Group saw a record revenue of $12.3 billion, growing 8%, with operating income at $1.0 billion. Diluted earnings per share surged 64% to $1.08, while non-GAAP EPS rose 16% to $2.03. Operating income increased 35% to $1.1 billion. The company ended the quarter with $13 billion in cash and investments and $4.6 billion debt repayment, indicating strong financial health.
Dell Technologies has expanded its PowerProtect portfolio, introducing the new Dell EMC PowerProtect DP series appliances that enhance data protection efficiency with up to 30% more logical capacity, 38% faster backups, and 45% quicker restores. The PowerProtect Cyber Recovery is the first endorsed data vaulting solution by Sheltered Harbor, aimed at improving cyber resilience in the financial sector. Additionally, updates to the PowerProtect Data Manager enhance cloud and Kubernetes data protection capabilities, allowing flexible deployment across various environments, thus addressing evolving data management challenges.
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.