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Dell Technologies CFO David Kennedy Discusses Quarterly Results and AI Factory Growth

Dell Technologies CFO David Kennedy Discusses Quarterly Results and AI Factory Growth

Dell Technologies CFO David Kennedy Discusses Quarterly Results and AI Factory Growth
TheStreet TheStreet
Marvell’s $120B AI deal came with an unexpected catch

Marvell’s $120B AI deal came with an unexpected catch

Marvell just learned why a huge AI deal may not be enough.
Reuters Reuters
Dell again lifts annual forecasts as AI demand powers record results

Dell again lifts annual forecasts as AI demand powers record results

By Jaspreet Singh Sept 1 (Reuters) - Dell Technologies on Tuesday boosted its annual revenue forecast by $25 billion while also raising its profit outlook for the second time this year, driven by soaring demand for its AI servers. Dell's shares rose 7% in extended trading.
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Intuit Faces Class Action Lawsuit Over Alleged Misleading AI and Mailchimp Disclosures

Intuit Faces Class Action Lawsuit Over Alleged Misleading AI and Mailchimp Disclosures

Intuit Faces Class Action Lawsuit Over Alleged Misleading AI and Mailchimp Disclosures
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SoftBank's SB Energy Issues $5.5 Billion in Stock Warrants to OpenAI for Data Center Leases

SoftBank's SB Energy Issues $5.5 Billion in Stock Warrants to OpenAI for Data Center Leases

SoftBank's SB Energy Issues $5.5 Billion in Stock Warrants to OpenAI for Data Center Leases
Reuters Reuters
Engine Capital pushes EPAM for share buybacks or sale

Engine Capital pushes EPAM for share buybacks or sale

Aug 31 (Reuters) - Activist hedge fund Engine Capital said it wants software firm EPAM Systems to either buy its own shares or consider selling itself after its stock price tumbled more than 40% this year.
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August Sees Comeback for Tech Stocks, Driven by AI Demand and Strong Earnings

August Sees Comeback for Tech Stocks, Driven by AI Demand and Strong Earnings

August Sees Comeback for Tech Stocks, Driven by AI Demand and Strong Earnings
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Nio Reports Adjusted Operating Profit for Third Consecutive Quarter Amidst Revenue Growth and Product Mix Improvement

Nio Reports Adjusted Operating Profit for Third Consecutive Quarter Amidst Revenue Growth and Product Mix Improvement

Nio Reports Adjusted Operating Profit for Third Consecutive Quarter Amidst Revenue Growth and Product Mix Improvement
FactFable FactFable
If AltaVista's Story Fascinates You, Study These 5 Companies Next

If AltaVista's Story Fascinates You, Study These 5 Companies Next

AltaVista's rise and fall offers timeless business lessons. Here are five modern companies whose strategic challenges echo the story of the web's first great search engine.
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Amazon Announces Layoffs of 121 Employees in Washington State Locations

Amazon Announces Layoffs of 121 Employees in Washington State Locations

Amazon Announces Layoffs of 121 Employees in Washington State Locations
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GTS Securities LLC Significantly Increases Stake in Oracle Corporation

GTS Securities LLC Significantly Increases Stake in Oracle Corporation

GTS Securities LLC Significantly Increases Stake in Oracle Corporation
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Alphabet CEO Sundar Pichai Highlights AI Overviews' 2.5 Billion Monthly Users, Driving Ad Revenue Growth

Alphabet CEO Sundar Pichai Highlights AI Overviews' 2.5 Billion Monthly Users, Driving Ad Revenue Growth

Alphabet CEO Sundar Pichai Highlights AI Overviews' 2.5 Billion Monthly Users, Driving Ad Revenue Growth