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Bloomberg45d agoneutral
Nasdaq, NYSE to Ring Bell From Oval Office, Tout Trump Accounts

(Bloomberg) -- Officials from the Nasdaq and the New York Stock Exchange plan to ring the opening bell from the Oval Office to mark the launch of Trump Accounts for minors, top White House economic adviser Kevin Hassett announced. Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS and Iran Agree to Halt Attacking Each Other Ahead of TalksOil Trades Near Four-Month Low as US and Iran Halt Fresh AttacksAramco Helicopter Crash in Ras Tanura Kills All 14 on Boa

Dell (DELL) Wins Shareholder Backing To Move Its Legal Home To Texas
Simply Wall St.46d agobullish
Dell (DELL) Wins Shareholder Backing To Move Its Legal Home To Texas

Dell Technologies (NYSE:DELL) shareholders have approved relocating the company’s legal domicile from Delaware to Texas. The move shifts Dell’s corporate governance and legal dispute framework from Delaware courts to Texas courts. The change aligns the legal home of Dell Technologies with its long standing headquarters in Texas. Dell Technologies, a major player in personal computers, servers, storage and related services, now has shareholder backing to align its legal base with its Texas...

Morgan Stanley Raises PT on International Business Machines (IBM) Stock
Insider Monkey46d agoneutral
Morgan Stanley Raises PT on International Business Machines (IBM) Stock

International Business Machines Corporation (NYSE:IBM) is one of the Best Cloud Computing Stocks to Buy According to Hedge Funds. On June 23, Morgan Stanley lifted its price objective on the company’s stock to $267 from $225, and maintained an “Equal Weight” rating on the shares. As per the analyst, Dell and HPE earnings demonstrate that the enterprise server demand […]

Dell Technologies (DELL) Ends Distribution Relationship with Arrow ECS
Insider Monkey47d agoneutral
Dell Technologies (DELL) Ends Distribution Relationship with Arrow ECS

Dell Technologies Inc. (NYSE:DELL) is one of the 15 Best AI Stocks That Will Make You Rich in 10 Years. On June 26, 2026, Dell Technologies Inc. (NYSE:DELL) is ending its decade-long distribution relationship with Arrow Electronics’s (ARW) ECS unit after a formal review and RFP process for its North American distribution business, CRN’s Joseph […]

The Real Risk Inside Cisco Stock
Trefis47d agoneutral
The Real Risk Inside Cisco Stock

After a strong run, it’s natural for any Cisco Systems (CSCO) shareholder to feel confident. The stock is up 72% over the last year, powered by a story of transformation. The company is capturing surging AI demand, raising its forecast for AI infrastructure orders to $9 billion for the fiscal year. But when a stock has priced in this much success, the risks change. The question is no longer just about whether the company can grow, but whether it can grow in a way that justifies the new, higher e

Human-led Management of Autonomous Digital Workers: Pax8 Global Sr Director Renee McCloden, Halo CCO Tim Barton-Wines, Live from Pax8 Beyond 2026
Exec Edge48d agoneutral
Human-led Management of Autonomous Digital Workers: Pax8 Global Sr Director Renee McCloden, Halo CCO Tim Barton-Wines, Live from Pax8 Beyond 2026

Watch Video Highlights Below, or Click HERE: Tech Edge hosted a fireside chat on June 8 at Pax8 Beyond 2026 in Salt Lake City with Renee McCloden, Global Senior Director of Vendor Strategy and Programs at Pax8, and Tim Barton-Wines, Chief Commercial Officer at Halo Solutions. The in-person interview was joined by Editor-at-Large Jarrett Banks and […] The post Human-led Management of Autonomous Digital Workers: Pax8 Global Sr Director Renee McCloden, Halo CCO Tim Barton-Wines, Live from Pax8 Beyo

Apple hikes prices as memory chip costs skyrocket
Reuters Videos48d agoneutralVIDEO
Apple hikes prices as memory chip costs skyrocket

<body><p>STORY: :: Apple</p><p>Apple is hiking prices as the cost of memory chips skyrockets.</p><p>Its lowest priced laptop will jump from $599 to $699, with iPad prices also rising.</p><p>For now at least, the iPhone is unaffected.</p><p>Apple says it can no longer avoid passing on rising costs to consumers.</p><p>The price of memory chips jumped by around 98% in the first quarter, and has continued to soar ever since.</p><p>That is driven by the boom in AI data centers.</p><p>Companies like Nvidia have signed big deals with chipmakers, leaving consumer electronics firms scrambling to secure supplies.</p><p>Apple said it had never seen component prices increase so much, so quickly.</p><p>While iPhones weren’t hit by Thursday’s move, analysts say it’s only a matter of time before they too face price increases.</p><p>Apple shares fell almost 5%, while Dell dropped 8%.</p><p>Some industry watchers say Apple’s rivals may have to do even bigger price increases, as they lack the Mac maker’s deep ties to suppliers.</p><p>Research firm IDC says the global smartphone and computer markets will both see sharp contractions this year due to the rising prices.</p></body>

Melius Research: “Buy the chip dip, skip hyperscalers” until AI payoff becomes clear
24/7 Wall St.49d agobullish
Melius Research: “Buy the chip dip, skip hyperscalers” until AI payoff becomes clear

Melius Research’s head of tech research, Ben Reitzes, told CNBC to lean into chip-stock weakness and stay clear of the cloud giants paying for the buildout. “I’m telling them to buy on the dip. These have been opportunities in the past, and we just don’t really see any change,” Reitzes said. His list of buys ... Melius Research: “Buy the chip dip, skip hyperscalers” until AI payoff becomes clear

MT Newswires49d agoneutral
Top Midday Decliners

ASP Isotopes (ASPI) said Thursday its Noble Africa unit will merge with a subsidiary of Endra Life S

Dell Drops 6%, Western Digital Rises 5% as the Memory Boom Splits the AI Hardware Trade
24/7 Wall St.49d agobearish
Dell Drops 6%, Western Digital Rises 5% as the Memory Boom Splits the AI Hardware Trade

Shares of Dell Technologies (NYSE:DELL) are down 6% in midday trading Thursday, last changing hands near $407 after closing at $434.06 on Wednesday. The slide stands out because it’s happening on a day when memory and storage names are ripping higher. At the same time, Western Digital (NASDAQ:WDC) stock is up 5%, trading near $678. ... Dell Drops 6%, Western Digital Rises 5% as the Memory Boom Splits the AI Hardware Trade