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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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VMware, Inc. (NYSE: VMW) has announced VMware Explore, a global multi-cloud industry event evolving from its flagship conference, VMworld. Scheduled for August 29 - September 1, 2022 in San Francisco, followed by European and regional events, this conference aims to enhance networking and technical content for attendees. The event focuses on addressing multi-cloud challenges, showcasing customer success stories, and providing insights from industry leaders. Registration opens in May 2022.

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VMware (NYSE:VMW) successfully completed the MITRE Engenuity ATT&CK Evaluation, showcasing its security solutions against cyber threats from groups like Wizard Spider and Sandworm. Results highlighted 100% attack prevention using existing configurations, underscoring effective endpoint and network visibility. VMware's solutions performed without requiring any tuning, reinforcing its ability to address modern security challenges from sophisticated multi-cloud environments. This recognition strengthens VMware's position in the cybersecurity market.

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Dell Technologies unveiled an advanced portfolio of commercial PCs, enhancing the hybrid work experience with AI-driven features. Key highlights include the launch of Dell Optimizer, which offers Intelligent Privacy, simultaneous multi-network connectivity, and advanced collaboration tools. The lineup features the world's smallest 14-inch business PC and the first docking station with a wireless charging stand. Sustainability is also emphasized with 100% recycled materials in packaging. Products will start at $902.53, with availability in April 2022.

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Dell Technologies has launched new sustainable products ahead of Earth Day, focusing on the Latitude 5000 series, which features innovative sustainable materials like ocean-bound plastics and bio-based rubber. These products utilize 71% recyclable and renewable materials, with significant carbon and resource footprint reductions. New packaging is made from 100% recycled or renewable materials. Dell aims to address waste and resource constraints while aligning with its sustainability goals, leveraging over 227,000 pounds of ocean-bound plastics to further its commitment to environmental stewardship.

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Virgin Media O2 UK has partnered with VMware to modernize its network and enhance its 5G rollout. Utilizing VMware's Telco Cloud Infrastructure, Virgin Media O2 aims to streamline the design and implementation of virtualized network functions. This partnership has significantly supported the deployment of its 5G network over the past 16 months. VMware's platform will allow for easier upgrades and the integration of multi-vendor solutions, ensuring a robust and agile network infrastructure essential for competitive market performance.

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VMware (NYSE: VMW) has opened registration for the seventh annual Women Transforming Technology (WT2) Conference, scheduled for April 11-12, 2022. The event, now virtual, aims to advance women in tech through discussions on technology's positive impact and promoting mental health. Keynote speakers include Helen Greiner, Luvvie Ajayi Jones, and Connie Guglielmo. The conference features sessions focusing on career exploration, networking, and support for women's career aspirations. Registration is free and open to all interested participants.

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VMware has simplified the purchase and deployment of VMware Cloud on AWS via AWS Marketplace, enhancing flexibility for customers. The service features options for deployment alongside VMware's tools like vRealize Cloud Management and Tanzu. Companies can leverage existing AWS agreements, facilitating quicker cloud migrations. Research indicates a potential increase in efficiency: 300% faster Kubernetes deployment and a 57% reduction in total cost of ownership (TCO). Key partnerships with DXC Technology support broad customer service outreach.

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VMware has announced research grants supporting initiatives from TU Dresden and TU Berlin aimed at advancing 6G technologies. The collaboration, led by Professors Fitzek and Dressler, focuses on the Tactile Internet and intelligent communication networks to enhance human interaction with cyber-physical systems. The grants also align with VMware's 'Automating Life' vision, emphasizing sustainability, equity, and technological innovation. This initiative marks VMware's commitment to expanding its research portfolio and pioneering solutions for future digital landscapes.

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Dell Technologies (NYSE: DELL) announced that co-COO Chuck Whitten and Deputy CFO Yvonne McGill will present at two investor conferences in March 2022. Whitten will speak at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 7 at 3:50 p.m. CT, while McGill will present at the Raymond James Annual Institutional Investors Conference in Orlando on March 8 at 9:25 a.m. CT. Live webcasts and replays will be available on Dell's Investor Relations page.

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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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