Dell reports Q2 revenue up 19% YoY to $29.78B, vs. $29.17B est., and forecasts Q3 EPS of $2.45, below $2.55 est.; DELL drops 5%+
Despite beating on its top and bottom lines, shares of Dell Technologies fell more than 5% Thursday in extended trading after giving third-quarter earnings per share guidance …
Dell's stock rose 4.3% to close at $160.18 after reaching a record high on May 24 amid a rally in companies working on generative AI; DELL is up 114.17% in 2024
Shares of Dell Technologies (DELL.N) hit a record high on Friday amid a rally in companies working on generative artificial …
RunPod, which offers a globally distributed GPU cloud platform for developing and deploying AI, raised a $20M seed co-led by Intel Capital and Dell Technologies
James Thomason / VentureBeat :
Sources: research group China Tech Threat, which has advocated against Lenovo, aligns with the corporate interests of Dell and Micron, both long-term funders
China Tech Threat's advocacy aligns with the corporate interests of Dell and Micron, which have supported the group financially, say people familiar with the group. LinkedIn: Brody Ford LinkedIn: Brod...
Dell beats in Q2 with $26.1B revenue, up 15% YoY, as net income fell to $880M; PC revenue rose to a record $14.3B, up 27% YoY, as servers rose 6% YoY to $4.5B
Commercial PC revenue surged 32% in the quarter to $10.6 billion and consumer sales of $3.7 billion was up 17% from a year ago. Source: Dell Technologies .
SiMa.ai, which is building ultra low power software and chips for machine learning for edge computing, raises $30M Series A led by Dell Technologies
Krishna Rangasayeem, founder and CEO, at SiMa.ai, has 30 years of experience in the semiconductor industry.
Dell announces it is selling its RSA cybersecurity firm to a consortium led by private equity firm Symphony Technology Group for $2.075B
Today's news signals our transition … Jeff Clarke / Direct2Dell : Symphony Technology Group Enters Definitive Agreement with Dell Technologies to Acquire RSA Larry Dignan / ZDNet : Dell Technologies s...
Sources: Dell Technologies will cut 2K-3K jobs after acquiring EMC, mostly in the US; post-acquisition company has 140K employees
Bloomberg :
Dell completes its $60B acquisition of EMC, the largest tech M&A deal ever; the company will now become Dell Technologies with 140K employees
'We feel very well positioned both in the new areas of technology and in the existing areas of technology,' says CEO Michael Dell
Michael Dell reveals new name for post-merger Dell-EMC to be Dell Technologies, client services business will be branded Dell and enterprise biz Dell EMC
Stephanie Condon / ZDNet :