UBS said the setup going into Oracle’s third-quarter print, given the stock’s 17% decline over the past three weeks, solid channel checks and a pending lift from Stargate.
Dell raised its annual dividend by 18% to $2.10 and increased its existing stock buyback authorization by $10 billion.
The company said the prospects for AI are strong, as it extends AI from the largest cloud service providers into the enterprise at scale and out to the edge with the PC.
CEO Hanneke Fabersaid gaming sales were near pandemic-high levels, benefiting from an “outstanding set of innovations launched ahead of the holidays.”
HP Enterprises may have secured the contract due to its liquid-cooling tech but large contracts could be a drag on margins, Bloomberg said.
Billionaire investor Warren Buffett — the Oracle of Omaha — is known for his value investing style. Many want to mirror the legend’s investing strategy and emerge a winner, having navigated the turbulent...
UBS analysts said Dell will likely be an AI server market winner compared to peer HP Enterprises, across Tier 2 cloud and enterprise markets.
Microsoft MSFT announced plans to spend $80 billion in fiscal 2025 on constructing data centers designed for artificial intelligence workloads. Over half of this spending will be focused on the United...
Apple's AAPL stock reached an all-time intraday high mid-last week, following Wall Street’s renewed confidence in its growth. Wedbush analyst Dan Ives raised his price target for Apple shares to $325,...
Oracle guided total third-quarter revenue growth to 7-9%, below the consensus estimate of 10%.