Dell's AI server business has investors fired up about surging demand.Investors might be concerned that it's too late to buy Dell (DELL -0.38%) stock after its big gains in recent months. While the stock has nearly doubled so far in 2024, the company may be in the early stages of an industry boom period, and now's a great time to analyze this company's opportunities and valuation to figure out if it's still a good time to buy.What's driving Dell stock higher?Dell stock jumped 8% in January, followed by a 14 ...

A new deal with Tesla caught Wall Street's eye.Shares of Dell Technologies (DELL 2.20%) were moving higher this week, primarily on reports that Dell had won a substantial percentage of contracts relating to Tesla's AI server buildout.Additionally, AI stocks were up broadly this week after Alphabet announced new products at its annual developer conference, including adding an AI overview to Google searches. That seemed to stoke another round of investor enthusiasm for AI stocks.Dell stock finished the week u ...

Dell Technologies (DELL) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sy ...

Does having Tesla as a customer make Dell stock a buy?With a valuation more than 6 times sales, Tesla (TSLA 0.49%) costs significantly more than rival automotive stocks like Ford and General Motors, both of which sell for mere fractions of 1 times sales. Tesla fans defend Tesla's high valuation, arguing Tesla is more than just a car company -- that its investments in artificial intelligence to power its self-driving car technology mean Tesla is really an AI company.And investors in Dell Technologies (DELL - ...

Dell Technologies (DELL) closed the latest trading day at $146.28, indicating a -1.93% change from the previous session's end. This change lagged the S&P 500's daily loss of 0.21%. Elsewhere, the Dow saw a downswing of 0.1%, while the tech-heavy Nasdaq depreciated by 0.26%.Coming into today, shares of the computer and technology services provider had gained 24.69% in the past month. In that same time, the Computer and Technology sector gained 6.51%, while the S&P 500 gained 5.04%.The investment community wi ...

A top European privacy watchdog is investigating following the recent breaches of Dell customers' personal information, TechCrunch has learned. Ireland's Data Protection Commission (DPC) deputy commissioner Graham Doyle confirmed to TechCrunch that the DPC has received "a breach notification on this matter" — referring to Dell — which is "currently under assessment." Asked to elaborate, Doyle declined to comment further. An unnamed Dell spokesperson also confirmed that the technology giant "notified regulat ...

Dell Technologies (DELL) shares ended the last trading session 11.2% higher at $149.16. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.8% gain over the past four weeks. Dell is benefiting from strong demand for AI servers driven by ongoing digital transformation and heightened interest in generative AI applications. This computer and technology services provider is expected to post quarterly earnings of $1.20 p ...

The S&P 500 Information Technology Sector index was up 2% at 3:15 p.m. ET Wednesday, while the broader S&P 500 was 1% higher and the tech-heavy Nasdaq advanced by nearly 1.3%. Disney CEO Points to Cost-Cutting at Disney+; Shares Slide Walt Disney (DIS) shares fell more than 2% Wednesday after CEO Bob Iger said the entertainment giant will be slashing expenses to boost profitability. Iger told MoffettNathanson’s 2024 Media, Internet, and Communications Conference in New York that the costs at its Disney+ ...

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Dell Technologies Inc. (NYSE:DELL) experienced a significant surge on Wednesday, with its stock rising more than 9% after Morgan Stanley raised its price target from $128 per share to $152 per share.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This boost reflects growing investor confidence in Dell’s performance and future prospects. Analyst’s AI revenue expectationsCopy lin ...

Michael Dell, Chairman and CEO of Dell Technologies, is speaking at the Mobile World Congress 2024 in Barcelona, Spain, on February 27, 2024.Dell shares rose over 9% on Wednesday to an all-time high after Morgan Stanley raised its price target and predicted the company would rake in sales from the insatiable demand for artificial intelligence servers.Dell is seeing accelerating momentum, especially in winning business to build AI servers, unlocking a new bull case for the stock, Morgan Stanley analyst Erik ...