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Yahoo
3 hours ago
- Business
- Yahoo
DELL's CSG Revenues Rise: Is an Improving PC Market the Catalyst?
Dell Technologies DELL AI prospects remain strong, with AI expanding from major cloud service providers to large-scale enterprise deployments and edge computing with Technologies is a prominent PC maker and is expected to benefit from the recovering demand driven by the PC-refresh cycle. The company is benefiting from the Windows 11 PC refresh cycle as many enterprise customers upgrade to new AI-capable Windows 11 devices, driving strong demand in the commercial segment. In the first quarter of fiscal 2026, CSG revenues were $12.50 billion, up 5% year over year. DELL is also benefiting from an expanding partner base that includes NVIDIA, Microsoft, Meta Platforms and Imbue. In March, Dell Technologies and NVIDIA expanded their AI Factory collaboration, introducing new AI PCs, infrastructure, software, and services to accelerate enterprise AI adoption across various scales. Dell Technologies recently partnered with Lowe's to enhance customer and associate experiences by deploying advanced AI and PC technologies. Using Dell AI Factory with NVIDIA and high-performance Dell devices, Lowe's is optimizing inventory, improving asset protection, and streamlining store operations across its network. In March 2025, Dell Technologies and NVIDIA also expanded their AI Factory collaboration, introducing new AI PCs, infrastructure, software, and services to accelerate enterprise AI adoption across various scales. Dell Technologies suffers from stiff competition in the PC market from the likes of HP HPQ and Apple AAPL. HPQ is benefiting from a sustained focus on launching new and innovative products. The growing interest in generative artificial intelligence-enabled PCs, along with Windows 11 upgrades and a probable PC refreshment cycle, is likely to drive fresh demand for PCs in growing interest in generative AI-enabled PCs might give a fresh boost to HP's PC demand in the years ahead. The company forecasted that 40-60% of all PCs will be AI PCs in the next three years. To make the most of the growing opportunities in this category, HP has launched several AI PCs this year and plans to continue to expand its AI PC Mac business is benefiting from strong demand for M4, M4 Pro, and M4 Max chips. In March 2025, Apple expanded its Mac portfolio with the new MacBook Air powered by the M4 chip with up to 18 hours of battery life and a new 12MP Center Stage camera. DELL's shares have risen 1.1% year to date, underperforming the broader Zacks Computer & Technology sector's return of 1.6%. Image Source: Zacks Investment Research DELL stock is trading at a premium, with a forward 12-month Price/Sales of 0.77X compared with the Computer & Technology sector's 6.36X. DELL has a Value Score of A. Image Source: Zacks Investment Research The Zacks Consensus Estimate for second-quarter fiscal 2026 earnings is pegged at $2.26 per share, which has increased 11.5% in the past 30 days. This indicates a year-over-year increase of 19.58%. Dell Technologies Inc. price-consensus-chart | Dell Technologies Inc. Quote The consensus mark for fiscal 2026 earnings is pegged at $9.43 per share, which increased 6.91% in the past 30 days. This suggests 15.85% year-over-year currently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report HP Inc. (HPQ) : Free Stock Analysis Report Dell Technologies Inc. (DELL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
7 hours ago
- Business
- Globe and Mail
DELL's CSG Revenues Rise: Is an Improving PC Market the Catalyst?
Dell Technologies DELL AI prospects remain strong, with AI expanding from major cloud service providers to large-scale enterprise deployments and edge computing with PCs. Dell Technologies is a prominent PC maker and is expected to benefit from the recovering demand driven by the PC-refresh cycle. The company is benefiting from the Windows 11 PC refresh cycle as many enterprise customers upgrade to new AI-capable Windows 11 devices, driving strong demand in the commercial segment. In the first quarter of fiscal 2026, CSG revenues were $12.50 billion, up 5% year over year. DELL is also benefiting from an expanding partner base that includes NVIDIA, Microsoft, Meta Platforms and Imbue. In March, Dell Technologies and NVIDIA expanded their AI Factory collaboration, introducing new AI PCs, infrastructure, software, and services to accelerate enterprise AI adoption across various scales. Dell Technologies recently partnered with Lowe's to enhance customer and associate experiences by deploying advanced AI and PC technologies. Using Dell AI Factory with NVIDIA and high-performance Dell devices, Lowe's is optimizing inventory, improving asset protection, and streamlining store operations across its network. In March 2025, Dell Technologies and NVIDIA also expanded their AI Factory collaboration, introducing new AI PCs, infrastructure, software, and services to accelerate enterprise AI adoption across various scales. DELL Faces Stiff Competition in the PC Market Dell Technologies suffers from stiff competition in the PC market from the likes of HP HPQ and Apple AAPL. HPQ is benefiting from a sustained focus on launching new and innovative products. The growing interest in generative artificial intelligence-enabled PCs, along with Windows 11 upgrades and a probable PC refreshment cycle, is likely to drive fresh demand for PCs in 2025. The growing interest in generative AI-enabled PCs might give a fresh boost to HP's PC demand in the years ahead. The company forecasted that 40-60% of all PCs will be AI PCs in the next three years. To make the most of the growing opportunities in this category, HP has launched several AI PCs this year and plans to continue to expand its AI PC portfolio. Apple's Mac business is benefiting from strong demand for M4, M4 Pro, and M4 Max chips. In March 2025, Apple expanded its Mac portfolio with the new MacBook Air powered by the M4 chip with up to 18 hours of battery life and a new 12MP Center Stage camera. DELL's Share Price Performance, Valuation and Estimates DELL's shares have risen 1.1% year to date, underperforming the broader Zacks Computer & Technology sector's return of 1.6%. DELL Stock Performance Image Source: Zacks Investment Research DELL stock is trading at a premium, with a forward 12-month Price/Sales of 0.77X compared with the Computer & Technology sector's 6.36X. DELL has a Value Score of A. DELL Valuation The Zacks Consensus Estimate for second-quarter fiscal 2026 earnings is pegged at $2.26 per share, which has increased 11.5% in the past 30 days. This indicates a year-over-year increase of 19.58%. The consensus mark for fiscal 2026 earnings is pegged at $9.43 per share, which increased 6.91% in the past 30 days. This suggests 15.85% year-over-year growth. DELL currently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL): Free Stock Analysis Report HP Inc. (HPQ): Free Stock Analysis Report Dell Technologies Inc. (DELL): Free Stock Analysis Report
Bloomberg
8 hours ago
- Business
- Bloomberg
Meta Discussed Buying Perplexity Before Investing in Scale AI
Meta Platforms Inc. held discussions with artificial intelligence search startup Perplexity AI Inc. about a possible takeover before moving ahead with a multibillion-dollar investment in Scale AI, according to people familiar with the matter. The two companies couldn't come to an agreement and decided not to pursue the deal, said the people, who asked not to be named as the details of the talks aren't public. The financial terms under discussion could not be learned. Perplexity recently closed a new round of funding at a $14 billion valuation.
Yahoo
10 hours ago
- Business
- Yahoo
BofA Raises PT on Meta Platforms, Inc. (META), Maintains Buy Rating
Meta Platforms, Inc. (NASDAQ:META) is on our list of the 10 best marketing stocks to buy right now. 16 Best Franchises to Open With $10K in 2023 On June 12, 2025, BofA raised the price target for Meta Platforms, Inc. (NASDAQ:META) from $690 to $765, maintaining a buy rating. The analyst cited macroeconomic uncertainties that have eased and the growing optimism surrounding the company's ability to monetize its platform with AI-assisted marketing and innovative ad strategies. This comes amid META's growing strategic focus on strengthening its AI capabilities to help marketers. On Thursday, June 12, Meta Platforms, Inc. (NASDAQ:META) finalized an agreement with ScaleAI to acquire a 49% non-controlling stake in it for $14.8 billion. Scale AI, which is a rapidly growing startup specializing in data infrastructure for AI, develops large language models through advanced data labelling services. The deal is META's second-largest, under which Scale AI's 28-year-old Alexandr Wang has been brought onboard and will remain on Scale AI's board. In response to the deal, Google, the biggest client of Scale AI, severed its ties with the company. Meanwhile, there are concerns regarding the deal's impact on market competition. While META's non-controlling stake doesn't require review by U.S. antitrust regulators, it could lead to an investigation if the regulators believe the deal was structured with the intent to harm competition. U.S. Senator Elizabeth Warren commented on the deal: 'Meta can call this deal whatever it wants – but if it violates federal law because it unlawfully squashes competition or makes it easier for Meta to illegally dominate, antitrust enforcers should investigate and block it.' Meta Platforms, Inc. (NASDAQ:META) is one of the best advertising agency stocks to buy right now. While we acknowledge the potential of META as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Undervalued Quantum Computing Stocks to Buy Now and 10 Low Risk High Reward Stocks Set to Triple by 2030. Disclosure: None.
Globe and Mail
11 hours ago
- Business
- Globe and Mail
Zacks Investment Ideas feature highlights: Meta Platforms, Blackrock, IBIT, Circle and Coinbase
For Immediate Release Chicago, IL – June 20, 2025– Today, Zacks Investment Ideas feature highlights Meta Platforms META, Blackrock BLK, iShares Bitcoin Trust ETF IBIT, Circle CRCL and Coinbase COIN. Bitcoin's launch in 2009 changed the world forever and triggered the crypto revolution. The world's first cryptocurrency rose from obscurity, once primarily used for nefarious purposes like buying drugs off the dark web off websites like 'The Silk Road,' to the mainstream. Today, Bitcoin is a $2.08 trillion asset and is larger than some of America's largest companies like Meta undeniable success has bred further innovations and new products. Depending on how you count, there are approximately 10,000 cryptocurrencies in existence. Few could have possibly predicted that, Blackrock, the world's largest asset manager and once a Bitcoin skeptic, would launch the iShares Bitcoin Trust ETF. Still, there have been many booms, busts, and too many failures to count. For example, non-fungible tokens, or NFTs, caught fire a few years ago, only to plunge in value and become irrelevant. That said, stablecoins are a rare and often overlooked crypto innovation that is likely to stay. Better yet, the stablecoin revolution is in its infancy and will only grow from here. What is a Stablecoin? When most investors think of cryptocurrencies, they think of rampant speculation and volatility. To most, these attributes are a feature, not a bug. However, a stablecoin is a cryptocurrency that is built to have low volatility and "peg" its value to a stable asset such as the fiat currency (like the US dollar) or a commodity like silver. Stablecoin operators back their stablecoins by holding fiat currency or T-bills in bank accounts. What is the Benefit of Stablecoins? Beyond bringing low volatility to crypto, stablecoins bridge the gap between crypto and legacy finance. The primary benefit of using stablecoins is that they allow for far cheaper and more rapid transactions than traditional banks. In addition, these stablecoins allow for much easier international transactions and wait times. Why Stablecoin Adoption is Increasing Rapidly On 'The All-In Podcast,' venture capitalist Chamath Palihapitiya laid out two reasons stablecoin usage will surge in 2025: 1. Stablecoin usage decoupled from crypto volatility for the first time in 2024. In other words, stablecoins are being used for wholesale useful functions in running a business. 2. In the first half of 2024, stablecoins ($8.5T) had more than double the transaction volume of Visa (~$3.5T). Chamath continued, "I think we're going to finally attack the duopoly of Visa and Mastercard. I think you're going to see an innumerable number of use cases that sit and use stablecoin rails. Judging by the performance of recent IPO Circle, operator of the second largest stablecoin USDC (a stablecoin pegged to the dollar), the Wall Street investors believe the hype. CRCL shares are already up 79% since going public earlier this month! Meanwhile, while stablecoin demand is already impressive, a new bill advancing through congress can accelerate that demand. Senate Passes GENIUS Stablecoin Act After years of running into regulatory hurdles, mostly from the Democrats, the US Senate has approved stablecoin legislation in a bipartisan vote. The bill would finally put a regulatory framework around issuing and operating stablecoins, lending credibility to the industry. Next, the bill will move to the US House of Representatives, where the Republicans hold a majority. Finally, it will go to President Trump's desk, where it will likely be signed (based on Treasury Secretary Scott Bessent's comments). Stablecoin Winners & Losers As mentioned, CRCL is a big winner based on its performance. Coinbase,which has a revenue share program with CRCL, is another big card companies like Mastercard and Visa as well as legacy banks, are potential is looking to move into the industry after filing a patent for a stablecoin-like token called JPMD. Bottom Line The stablecoin revolution is more than a fleeting trend; it's a fundamental shift in how we approach digital transactions in the broader financial landscape. With its efficiency, low cost, and legislative support, demand for stablecoins is set to soar. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. BlackRock (BLK): Free Stock Analysis Report Coinbase Global, Inc. (COIN): Free Stock Analysis Report Meta Platforms, Inc. (META): Free Stock Analysis Report
