]The S&P 500 technology sector had a strong September, delivering a return of approximately 5.1%. Notably, among all 11 sectors, tech was the only one to register a positive performance during the month.
Argent Capital Management LLC lowered its stake in shares of Dell Technologies Inc. (NYSE: DELL) by 3.4% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 205,111 shares of the technology company's stock after selling 7,118 shares during the period. Dell
Shares of Dell Technologies Inc. (NYSE: DELL - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the thirty-six analysts that are currently covering the stock, MarketBeat.com reports. Eight analysts have rated the stock with a hold recommendation, twenty-seven have given a buy recommendation and one has given a strong buy recommendation
Dell found a way into the artificial intelligence trade by selling AI-optimized servers that connect many components of the AI supply chain. As free cash flow and earnings have shot up, Dell has been able to return more capital to shareholders.
Dell remains a strong buy, driven by surging AI server demand, robust financials, and a significant guidance raise. Q2 results showed record revenues, 160% non-GAAP operating income growth, and a 43% EPS surprise, highlighting margin strength and operational discipline. AI server orders and backlog soared—orders up 988% and backlog up 712% YoY—underscoring persistent demand outstripping supply.
Dell Technologies, the enterprise-computing and AI-server company (DELL), raised its fiscal-2027 AI-server revenue forecast from $60 billion to $74 billion, wit
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