DELL Jun 2024 137.000 call
| Previous close | 31.00 |
| Open | 10.10 |
| Bid | 5.60 |
| Ask | 6.20 |
| Strike | 137.00 |
| Expiry date | 2024-06-07 |
| Day's range | 2.05 - 10.10 |
| Contract range | N/A |
| Volume | |
| Open interest | 16 |
- Yahoo Finance Video
More Trump fallout, billionaire donors, Dell exec.: Market Domination
The guilty verdict for Former President Donald Trump is dominating much of the conversation in politics as well as on Wall Street as experts debate the potential impacts it may have on the broader market. Billionaires like Tesla CEO Elon Musk (TSLA) and hedge fund manager Bill Ackman flock to Trump's side. West Virginia Senator Joe Manchin has severed ties with the Democratic Party and is currently registered as an independent. Dell Technologies (DELL) Infrastructure Solutions Group President Arthur Lewis chats with Yahoo Finance about the latest AI advancements in its servers. This post was written by Nicholas Jacobino
- Yahoo Finance Video
Why Dell's servers are the most 'optimized' for AI
Dell Technologies (DELL) has made significant investments in the field of AI, but as this technology grows rapidly, so does competition. Dell Technologies Infrastructure Solutions Group President Arthur Lewis joins Market Domination to discuss the company's competitive position in the AI space. Lewis confidently states that Dell's innovation efforts are "firing on all cylinders." He highlights three critical "killer design points" that set the company's servers apart: a consistent architecture, "a design that had significant network capabilities," and energy efficiency. "Generative AI is a system that comprises compute, network, and storage. There's only one company in the world that can deliver that system optimized and in tune for AI, and that's us," Lewis told Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
- Yahoo Finance Video
Dell: Nonlinear demand, chip supply curb our AI server growth
Shares of Dell Technologies (DELL) are still falling Friday despite surpassing top and bottom line expectations in its first quarter results. Dell Infrastructure Solutions Group President Arthur Lewis joins Market Domination to discuss the margin pressure weighing on the stock. Lewis highlights the "significant momentum" in the company's AI infrastructure business, noting that the company is on a continued growth trajectory. Dell anticipates growth in its server business for multiple quarters to come. Regarding the weak guidance outlook, Lewis explains, "While we have a significant backlog, a lot of demand is project-based and is also based on ... suppliers' ability to deliver." He adds, "It's really non-linear demand that might be a little difficult to forecast." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
