nysedell
Dell Technologies Inc (NYSE:DELL) expected to lay off 5% of its global workforce, around 6,650 jobsIt has been hit by plunging PC SalesIt’s the latest restructuring drive in a wave of tech layoffsTech Layoffs Hit DellIt was only a matter of time before the wave of tech layoffs reached Dell’s shores, given how sensitive the company is to both consumer and corporate confidence. The company had already limited recruitment and cut back on spending, with Cisco Systems Inc (NASDAQ:CSCO), HP Inc (NYSE:HPQ) and IBM (NYSE:IBM) also restructuring. Q4 2022 hedge fund letters, conferences and more Find A ...
ValueWalk
Infrastructure Solutions Group had record Q3 2022 sales of $9.6 billion, up 12% YoY providing record operating income of $1.8 billionThis was largely driven by APEX as-a-service enterprise offering which provides end-to-end management under a subscription/consumption billing model which is affordable, flexible, and scalable for clients and provides steady and consistent cash flow for DellDell shares are trading at just 6X forward earnings with a 2.22% annual dividend yieldQ3 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vetted by SmartAss...
ValueWalk
Value stocks can help preserve long-term capital, especially during times of volatility, and if the company produces relatively steady cash-flow producing business with the stock trading at a discount to metrics such as book-value. But investors must be on the lookout for value traps. Q2 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you're ready to be matched with local advisors that can help you achieve your financial goals, get started now. Value ...
ValueWalk
Dell Technologies Inc (NYSE:DELL) reported earnings that were above analysts’ expectations, but the stock fell anyway during market hours as PC sales weighed on investor sentiment. PC sales have been declining for the year and were down around 12 percent in the first quarter. The global economy has weighed on demand as consumers have slowed purchases owing to falling purchasing power and depleting levels of savings. Shares were up 2.75% after trending lower during early trading. Q2 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorFor the quarter, Dell posted reve...
ValueWalk
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