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Dell Technologies Inc. - DELL STOCK NEWS

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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 has introduced new edge innovations to enhance its infrastructure and PC portfolio, aimed at organizations looking to optimize data management outside traditional data centers. Key updates include Dell EMC VxRail satellite nodes, which allow for easier deployment at edge sites; Dell Technologies Validated Design for Manufacturing Edge with Litmus, facilitating quick decision-making in manufacturing; and Dell EMC Edge Gateway for enhanced connectivity. The company reports that 69% of Fortune 100 companies are utilizing its edge solutions, reinforcing its position in the evolving tech landscape.

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Dell Technologies has introduced new telecom software and solutions to help communication service providers (CSPs) enhance their open, cloud-native network deployments. Key offerings include the Bare Metal Orchestrator, designed to simplify the management of distributed servers, potentially reducing operational costs by up to 57%. New partnerships with Mavenir and Wind River expand Dell's ecosystem, aiming to accelerate the adoption of 5G and Open RAN technologies. Additionally, Dell provides expert support services to ensure seamless network operations.

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Telia Company partners with VMware to accelerate its transition to a cloud-native infrastructure, essential for deploying 5G networks. The collaboration allows Telia to enhance operational efficiency and flexibility, catering to its 24 million customers across the Nordics and Baltics. Currently, over 50% of Telia's network traffic runs on VMware's Telco Cloud Platform, with plans for 100% adoption by the end of 2021. This transition aims to create a fully cloud-native network for improved customer experiences.

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Dell Technologies (NYSE: DELL) announces a multi-year collaboration with Yara Shahidi to motivate Gen-Z to leverage technology for self-expression and creativity. The campaign, 'Expand Your YOUniverse,' features Shahidi and aims to inspire young leaders through technology. This partnership also involves Ghetto Film School, focusing on educating aspiring storytellers. Shahidi emphasizes the significance of technology in empowering the next generation, aligning with Dell's commitment to drive positive change.

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At VMworld 2021, VMware (NYSE: VMW) launched its Cross-Cloud services aimed at enhancing customer flexibility and security across multiple cloud environments. With 75% of VMware customers using two or more public clouds, the need for a cloud-agnostic approach is paramount. The Cross-Cloud services offer accelerated cloud journeys, cost efficiency, and control for digital businesses. Key innovations include advancements in cloud infrastructure, app development, edge computing, and security. This strategy positions VMware favorably in the rapidly evolving multi-cloud landscape.

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VMware has introduced significant advancements in its VMware Cloud services at VMworld 2021, emphasizing its position in the multi-cloud environment. Key innovations include a new portfolio of managed Kubernetes services and enhanced capabilities for running enterprise applications. VMware Cloud enables users to migrate apps faster and at lower costs, with claims of 300% faster Kubernetes deployments and a 57% reduction in total cost of ownership. The company also launched the Sovereign Cloud initiative to address data security needs.

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VMware announces new security innovations aimed at addressing the evolving threats faced by modern enterprises. With over 30,000 customers, VMware introduces enhancements to its security solutions encompassing Zero Trust architecture, secure workload access, and ransomware recovery capabilities. Notable advancements include the Elastic Application Security Edge, CloudHealth Secure State for multi-cloud visibility, and improved API security. VMware Carbon Black Cloud reports an impressive record of averting over one million ransomware assaults recently, underscoring its extensive data protection capabilities.

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VMware has launched the Tanzu Community Edition, providing free access to its Kubernetes platform, enabling users to manage containerized applications across multi-cloud environments. This Community Edition is designed for anyone looking to learn and utilize Kubernetes, offering essential tools, training, and community support without cost. VMware also unveiled new features for its Tanzu Application Platform Beta, aimed at enhancing developer experience and streamlining the app delivery process. Major enterprises like Drax Group are already benefiting from VMware Tanzu's solutions, ensuring operational efficiency and scalability.

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VMware has launched its new VMware Edge Portfolio at VMworld 2021, designed to enhance the management and security of edge-native applications across multi-cloud environments. This portfolio includes the VMware Edge Compute Stack, which offers integrated VM and container solutions, and VMware SASE, combining SD-WAN with cloud security functions. The products aim to support diverse edge applications, driven by demands for low latency and high performance in sectors such as AR/VR and IoT. Partnerships with companies like Dell and Lenovo enhance the edge deployment capabilities.

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FAQ

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

The current stock price of Dell Technologies (DELL) is $129.85 as of November 4, 2024.

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

The market cap of Dell Technologies (DELL) is approximately 91.2B.

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

91.15B
333.87M
5.44%
69.01%
1.47%
Computer Hardware
Electronic Computers
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United States of America
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