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Dell Technologies Inc. - DELL STOCK NEWS

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. (NYSE: DELL) is a global leader in providing essential infrastructure for organizations to build their digital future, transforming and protecting their most valuable asset - information. Based in Round Rock, Texas, Dell Technologies is a broad-based information technology vendor, primarily focused on premium personal computers and enterprise on-premises data center hardware. The company holds top-three positions in its core markets, including personal computers, peripheral displays, mainstream servers, and external storage.

At its core, Dell Technologies offers a diverse portfolio of products and services, encompassing high-performance PCs, secure and scalable storage solutions, multifunctional servers, and advanced data protection systems. The company's infrastructure solutions, such as Dell PowerScale storage and Dell PowerProtect data protection, are designed to meet the increased IT demands for AI modeling, validation, and secure data management.

Recent notable achievements include a groundbreaking partnership with Subaru to enhance driver safety using AI and high-performance storage. Subaru's deployment of Dell PowerScale systems has significantly advanced its EyeSight Driver Assist Technology, making driving safer by integrating, analyzing, and utilizing vast amounts of data effectively.

Financially, Dell Technologies has shown resilience in a fluctuating market, reporting $22.3 billion in revenue for its fiscal 2024 fourth quarter, with significant growth in AI-optimized servers. Despite a year-over-year revenue decline, the company's strong cash flow from operations and an increased annual dividend demonstrate its solid financial health and commitment to returning value to shareholders.

Dell Technologies continues to drive innovation through strategic partnerships and robust product offerings. Collaborations with leading organizations like Northwestern Medicine and Hyundai AutoEver showcase Dell's commitment to leveraging AI and edge computing in advancing healthcare and manufacturing processes. Furthermore, the company's expansive edge partner ecosystem and introduction of Dell NativeEdge Blueprints offer enhanced capabilities for managing AI and machine learning applications at the edge.

Environmental, Social, and Governance (ESG) efforts are central to Dell's mission, focusing on driving positive impacts for people and the planet while delivering long-term value. The company is actively improving its sustainability practices, aiming to reduce carbon footprints, enhance data protection, and support innovative healthcare solutions.

Overall, Dell Technologies Inc. is well-positioned to continue leading in the information technology sector, driving digital transformation and providing comprehensive solutions that meet the evolving needs of businesses and individuals worldwide.

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Dell Technologies (NYSE: DELL) will host a conference call on August 25, 2022, at 4:30 p.m. CDT, to discuss its fiscal 2023 second quarter financial results. A press release with detailed financial statements will precede the call, which will be accessible via an audio webcast on the company's investor relations website. Interested parties can also download an archived version of the presentation, which includes additional financial and operational insights. This event underscores Dell's commitment to transparency and investor communication.

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VMware released its Global Incident Response Threat Report at Black Hat USA 2022, highlighting the impact of the ongoing conflict in Ukraine on cyberattacks, with 65% of security teams noting an increase.

The report reveals a rise in deepfakes as a cyber threat, with 67% of respondents experiencing attacks utilizing this method. Notable statistics include 47% of responders reporting burnout, 57% facing ransomware attacks, and 23% of attacks compromising API security. The findings emphasize the necessity for improved visibility and proactive defense strategies.

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VMware, Inc. (NYSE: VMW) has launched VMware Carbon Black Workload for Amazon Web Services (AWS), enhancing security for traditional and modern workloads. This solution provides a unified console for IT and security teams to monitor and protect workloads across environments. Key features include vulnerability assessment, automated risk identification, and enterprise threat hunting, aimed at reducing the attack surface and enhancing visibility. This product also integrates with VMware Contexa for improved threat intelligence.

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HCL Technologies and VMware have launched a dedicated VMware business unit aimed at enhancing cloud transformation and app modernization for enterprises. This new unit integrates HCL's CloudSMART Framework with VMware’s Cross-Cloud services to provide robust solutions for digital transformation. With over 8,000 professionals trained in VMware technologies and multiple dedicated labs, HCL aims to foster innovation and agility in enterprise operations. The partnership is positioned to benefit mutual clients by offering flexible, multi-cloud services and accelerated technology deployment.

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VMware has achieved FedRAMP High Authorization through the Joint Authorization Board for its Government Services, including VMware Carbon Black Cloud and VMware SD-WAN on AWS GovCloud (US). This certification enables U.S. government agencies to utilize these services for sensitive workloads, promoting digital transformation and multi-cloud initiatives. VMware’s investment in cloud technologies aims to enhance security and compliance while supporting agency operations. The authorization boosts VMware's standing as a trusted partner for public sector cybersecurity amidst rising cyber threats.

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On July 19, 2022, Alienware launched the powerful Alienware m17 R5 laptop, claiming it to be the world's most powerful 17" AMD Advantage laptop. It features AMD Ryzen 6000 processors and Radeon RX 6000 graphics, including the new RX 6850M XT GPU. The m17 R5 also introduces a 480Hz display technology for smoother gameplay. Additionally, Alienware unveiled the Dell G16, a 16-inch gaming laptop in a 15-inch chassis, offering advanced cooling and high-resolution options. The G16 will be available on July 21, starting at $1,399.

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VMware has been named the 2022 HPE Global Technology Partner of the Year, recognizing its commitment to delivering value in digital transformation. The award highlights VMware's longstanding partnership with HPE, focusing on customer success through innovative solutions like Project Monterey and Project Capitola. VMware continues to play a pivotal role in modernizing IT environments, addressing customer needs from edge to cloud with HPE GreenLake solutions.

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VMware has introduced vSphere+ and vSAN+, enhancing on-premises infrastructure by integrating cloud benefits without disrupting existing workloads. These solutions offer centralized management, integrated Kubernetes, and a flexible subscription model, aiding digital transformation. vSphere+ and vSAN+ support disaster recovery, ransomware protection, and streamlined operations through the VMware Cloud Console. Customers can expect improved efficiencies and reduced operational complexity, with availability projected for the end of VMware's FY23 Q2.

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VMware has been recognized as a Leader in three IDC MarketScape reports for its Unified Endpoint Management (UEM) software, including assessments for Apple Devices and Ruggedized/IoT deployments. The reports highlight VMware Workspace ONE for its comprehensive management capabilities across diverse operating systems and device types. Senior VP Shankar Iyer emphasized the platform's role in supporting secure hybrid workplaces. This acknowledgment reflects VMware's advancements in 2021, enhancing management for macOS and Windows devices.

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FAQ

What is the current stock price of Dell Technologies (DELL)?

The current stock price of Dell Technologies (DELL) is $130.87 as of November 1, 2024.

What is the market cap of Dell Technologies (DELL)?

The market cap of Dell Technologies (DELL) is approximately 91.8B.

What is Dell Technologies' core business?

Dell Technologies primarily supplies high-performance personal computers, enterprise on-premises data center hardware, and advanced data protection systems.

How did Dell Technologies perform financially in the fiscal 2024 fourth quarter?

Dell Technologies reported $22.3 billion in revenue, with notable growth in AI-optimized servers and strong cash flow from operations.

What are some recent achievements of Dell Technologies?

Recent achievements include partnerships with Subaru for AI-driven driver safety enhancements and Northwestern Medicine for advanced healthcare solutions.

How does Dell Technologies contribute to environmental sustainability?

Dell Technologies focuses on reducing carbon footprints and enhancing data protection, while supporting innovative solutions across various industries.

What strategic partnerships has Dell Technologies recently formed?

Recent partnerships include collaborations with Subaru, Northwestern Medicine, Hyundai AutoEver, and Intel to advance technologies in AI, healthcare, and manufacturing.

What is Dell PowerScale?

Dell PowerScale is a high-performance storage solution that integrates, analyzes, and utilizes vast amounts of data, supporting AI modeling and validation.

How does Dell Technologies support AI and machine learning?

Dell Technologies offers Dell NativeEdge Blueprints and collaborates with leading partners to manage and optimize AI and machine learning applications at the edge.

What are Dell Technologies' main markets?

Dell Technologies holds top-three positions in personal computers, peripheral displays, mainstream servers, and external storage markets.

How is Dell Technologies advancing driver safety?

Through a partnership with Subaru, Dell Technologies enhances driver safety using AI and Dell PowerScale systems to improve EyeSight Driver Assist Technology.

What ESG efforts is Dell Technologies involved in?

Dell Technologies focuses on driving positive impacts for people and the planet, enhancing sustainability practices, and supporting environmental, social, and governance initiatives.

Dell Technologies Inc.

NYSE:DELL

DELL Rankings

DELL Stock Data

91.81B
333.87M
5.44%
69.01%
1.47%
Computer Hardware
Electronic Computers
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United States of America
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