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Earnings Prove AI Hardware Demand Is Strong. That’s Good News for Dell Stock.
Barrons.com1d agoneutral
Earnings Prove AI Hardware Demand Is Strong. That’s Good News for Dell Stock.

Dell Technologies stock could have more room to run—even after this year’s meteoric rise—as artificial intelligence hardware demand remains resilient. Wells Fargo analyst Aaron Rakers raised his price target on Dell to $545 from $505 on Friday, which implies a 10% increase from the stock’s last closing price of $494.51. Dell’s “server results and outlook present continued upside,” Rakers wrote in a research note.

Brian Armstrong predicts major AI crisis could be 1-2 years away
TheStreet1d agoneutral
Brian Armstrong predicts major AI crisis could be 1-2 years away

Coinbase CEO Brian Armstrong thinks a rogue AI moment may be coming, and he is surprisingly calm about it. In a post on X, Armstrong said he would not be surprised if an AI model “goes rogue on the internet” within the next year or two, drawing a direct parallel to the Morris Worm that hit computer ...

1 Semiconductor Stock on Our Buy List and 2 We Brush Off
StockStory1d agobullish
1 Semiconductor Stock on Our Buy List and 2 We Brush Off

Semiconductors are the picks and shovels of modern technology. The way we live and work is also changing with AI, which is creating secular demand for more powerful chips. As a result, the industry has seen solid stock price performance over the last six months as its gain of 46.5% has outpaced the S&P 500’s 13.5% return.

Mangione Admits to Killing Healthcare CEO Brian Thompson
Bloomberg1d agoneutralVIDEO
Mangione Admits to Killing Healthcare CEO Brian Thompson

Luigi Mangione pleaded guilty to federal stalking charges related to the fatal shooting of UnitedHealth Group Inc. executive Brian Thompson. Mangione admitted on Friday in New York federal court that he shot and killed Thompson on Dec. 4, 2024. He faces life in prison. Mangione's attorney, Karen Friedman Agnifilo, US Attorney for the Southern District Jamie McDonald and NYPD Police Commissioner Jessica Tisch all spoke outside the court.