In today’s pre-market trading session at 7:33 AM ET, Dell Technologies (NASDAQ:DELL) and VMware (NYSE:VMW) stocks rose by 14.7% and 8.3%, respectively.
Lately, Intel has been facing numerous challenges. However, the stock could still be an excellent near-term buy amid the growing demand for high-end CPUs.
In this morning’s edition of our daily market newsletter, Get Real, we looked at Trump’s new tariff targets, a 5G network launch, and turnaround hopes.
In our Get Real market newsletter, we saw iRobot’s lawsuit struggles and Uber’s departure from London. Plus, Amazon might get upstaged by a new startup.
On Tuesday at the official summit, Dell Technologies (DELL) announced the launch of the on-demand model for its products like personal computers and servers.
Dell released its Q2 earnings on Thursday, posting revenues of $23.45 billion, up 1.4% YoY. Dell’s revenues beat the consensus estimate by $183.98 million.
Advanced Micro Devices (AMD) launched the second-generation AMD EPYC Rome server CPU (central processing unit). After the news, the company’s stock rose 16% in just one day.
Last week, Donald Trump threatened 10% tariffs on $300 billion in Chinese imports. The stock market was sent tumbling on August 2, led by a tech sell-off.
Apple (AAPL) wants to be excluded from the Trump administration’s import tariffs on Chinese goods. The company wants 15 components of the Mac Pro desktop to be exempt from the 25% import tax. The USTR (Office of the United States Trade Representative) published the request. Notably, the public can provide responses. The developments create uncertainty […]
Dell Technologies (DELL) has big dreams to continue growing its sales and generating profits, which it could use to reinvest in driving more growth and rewarding shareholders through dividend payments and share repurchases, as its information technology peers such as Microsoft (MSFT) have been doing. Microsoft announced recently that it will pay its shareholders a quarterly dividend of $0.46 per share on August 15.
Today, one of the world’s largest credit rating agencies, Fitch Ratings, called Apple (AAPL), HP Inc. (HPQ), and Dell (DELL) China’s “potential blacklist candidates.”
Hardware companies have been having a rough time lately due to falling demand. Both IDC and Gartner have released their first-quarter global PC sales results.
Earlier this year, Hewlett-Packard declared its 1Q15 results. It reported revenue of $26.8 billion with an EPS of $0.92—a decline of 5% compared to 1Q14.
“Big data” is considered the new wave in the IT industry, where social media, mobile, cloud, “big data,” and virtualization have joined hands to make the IT industry break out of the domination of legacy applications.
The continuous inflow of massive data—in various formats like texts and photos—poses the biggest challenge because organizations still aren’t equipped to deal with them.
Intel credited the success of this group to its Ivy Bridge–based Xeon E7 processor family. These products saw strong volume and an average selling price increase.
As part of its its strategy to invest in growth areas and shift from low-margin to high-margin businesses, IBM announced the sale of its server division to Lenovo for $2.3 billion.
IBM’s Systems and Technology, STG, or “hardware” division provides clients with business solutions. These solutions require advanced computing power and storage capabilities.
In the latest quarter ending, April 30, HP earned about $808 million in revenues from its Storage business line, which was a decline of about 6% from the previous year.
In the company’s latest earnings announcement for the quarter ending April 30, HP reported $6.7 billion in revenues from its Enterprise Group segment, which is about 25% of the overall company’s revenues.
Apple came out with its fiscal Q2 2014 earnings on Wednesday. The company mentioned in the call that it managed to sell 4.1 million Macs, which was a growth of 5% over the same quarter last year.
Intel hasn’t been able to tap the growing tablet and smartphone market, and its revenues of $156 million for its Mobile & Communications group in Q1 2014 is minuscule compared with Intel’s overall revenues of $12.8 billion.
Even though Microsoft had warned in advance that it would withdraw its support for Windows XP by April 8, nearly three in ten computers were still running XP as of March.
According to Gartner, HP maintained its dominant position in the U.S. PC market with a share of 25.1% in Q1 2014, while Dell (DELL) was closing down on HP with a share of 23.8%.
Analyst predicted that the PC market would see a rapid decline due to the emergence of smartphones and tablets as the preferred household. But the PC market defied this trend.
When consumers can borrow at lower interest rates, they can afford to buy more goods and services, and the businesses that supply those goods and services can hire more people.
When fund flows increase, they suggest that institutions’ and individuals’ investments in the leveraged loan market have increased, which uplifts the liquidity in the market, and vice versa.
Weekly loan issuance provides an early indication of trends in the leveraged loan market. As expectations of higher interest rates continued, loan volume remained buoyant last week.
DE Shaw is one of the most successful New York based hedge funds of all time. The firm was founded by David E. Shaw, a former Columbia University faculty member. David Shaw directed the company from 1988 to 2001 but by 2010, the firm’s management structure had evolved into a six member executive committee. In […]
Elliott Management is a New York based $20 billion+ event driven and distressed hedge fund run by the legendary Paul Singer. The fund is secretive in its approach, but sources attribute a 15% annual net return to its main fund since inception in 1977, compared to 11% for the S&P 500. The firm started new […]
