GraniteShares 2x Long DELL Daily ETF(DLLL.US)

Dell Technologies shares are trading lower after Morgan Stanley lowered its price target on the stock from $113 to $111.

Dell introduces purpose-built education PCs and programs to support schools in transforming education with AI.

In London, there is a pivotal shift occurring in the field of education with the advent of cutting-edge technologies like Generative AI. Dell Technologies, a longstanding leader in education technology, is spearheading this transformation by providing schools with innovative tools and programs tailored for the AI era. This initiative aims to prepare students and educators for upcoming opportunities. Demonstrating their dedication, Dell has bolstered their education portfolio to support this important shift.

New Sell Rating for Dell Technologies (DELL), the Technology Giant

Morgan Stanley analyst Erik Woodring has maintained a Sell rating on Dell Technologies (DELL) with a price target of $111.00. Despite this, Dell has an analyst consensus of Strong Buy, with a higher price target consensus of $164.71. Woodring specializes in the Technology sector and has a notable average return of 14.5% and a 61.54% success rate on his stock recommendations.

Woodard & Co. Asset Management Group Inc. ADV Acquires Shares of 14,074 Dell Technologies Inc. $DELL

Woodard & Co. Asset Management Group Inc. ADV acquired 14,074 shares of Dell Technologies Inc. (NYSE: DELL) valued at approximately $1,995,000 during the 3rd quarter. Other institutional investors also increased their stakes in Dell, with Allspring Global Investments boosting its holdings by 4.9% and Carnegie Investment Counsel raising its stake by 904.0%. Dell's stock opened at $113.16, with a market cap of $74.99 billion. The company reported $2.59 EPS for the last quarter, exceeding estimates, and announced a quarterly dividend of $0.525, payable on January 30th.

Surging memory chip prices dim outlook for consumer electronics makers

Global demand for smartphones, PCs, and gaming consoles is expected to decline due to rising memory chip prices driven by AI infrastructure demand. Major manufacturers like Apple and Dell face tough decisions on whether to absorb costs or pass them to consumers, risking lower demand. Analysts predict a 2% drop in smartphone sales and a 4.9% decline in the PC market this year. Smaller device makers are particularly affected, with memory prices expected to rise 40-50% in Q1. Apple may fare better due to its pricing power and supplier relationships.