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Goldman's forecast implies roughly 37% upside ahead for Dell stock from its $113.16 close on Tuesday. Dell stock has surged more than 51% in 2024. In particular, Ng pointed to Dell's $3.8 billion AI server backlog in the second-quarter as a prime example of robust demand. "Enterprise and sovereign AI opportunities are in earlier stages of adoption, and the company continues to optimize its organization to address AI demand across customer verticals and regions," Ng said. "AI server margins should improve over time through a greater mix of higher margin services revenue and a diversification to a larger number of AI server customers."
Persons: Goldman Sachs, Michael Ng, Ng, Dell, DELL Organizations: Dell Technologies, Dell, Enterprise, Windows Locations: Texas
ISTANBUL (AP) — Millions of people across Turkey on Tuesday will mourn the loss of more than 53,000 friends, loved ones and neighbors in the country's catastrophic earthquake a year ago. To mark what it calls the “Disaster of the Century," the government has arranged a series of events to commemorate the one-year anniversary of disaster in southern Turkey. Hatay, which lies between the Mediterranean Sea and the Syrian border, was the worst affected of the 11 southern provinces hit by the 7.8 magnitude quake. Including the 6,000 people killed in neighboring Syria, the quake left more than 59,000 dead. He also will take part in handing over completed homes to survivors, and then spend the rest of the week touring other cities in the earthquake zone.
Persons: Recep Tayyip Erdogan, Ozgur Ozel Organizations: Republican Locations: ISTANBUL, Turkey, Hatay, Ulu, Syrian, Syria, Kahramanmaras, rehouse, Gaziantep
I got COVID-19 halfway through a two-month trip that I'd carefully budgeted in advance. I had to find a hotel where I could quarantine and had to get all my meals and supplies delivered. The hotel had standard hotel rooms, which meant that I had access to a microwave, refrigerator, and sink, but no kitchen. Getting COVID-19 was inconvenient and stressful, but it didn't have any impact on my overall financial health going forward. There are many options when you travel, such as having a travel emergency fund or paying for travel insurance.
Persons: vising, COVID Organizations: Service, FAA Locations: Wall, Silicon, Philadelphia, West Virginia, Washington
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