DELL TECHNOLOGIES
US market remains tied to tech stocks despite sharp AI sell-off
The US stock market is currently experiencing a significant pullback in technology and AI-related stocks. Investors are concerned that Democratic victories in the midterm elections may result in reduced data center spending. Despite recent declines, the technology sector remains dominant within the S&P 500 index. Upcoming technology earnings reports and the potential IPO of AI lab Anthropic are closely watched by investors.
Was Michael Burry right about the AI bubble? Wall Street loses $2 trillion as AI and chip stocks plunge: Why are Tesla, Palantir, AMD, Broadcom and SanDisk crashing?
Michael Burry's warning about an AI bubble is back in focus as Wall Street loses more than $2 trillion in market value. On Thursday, November 5, AMD shares plunged around 12%, SanDisk fell 14%, Micron dropped 10%, while Nvidia lost nearly 7%. Tesla and Palantir also fell 9% and 8%, respectively. The sell-off spread across chipmakers, memory companies and AI infrastructure stocks. The Dow fell 2.36%, the S&P 500 dropped 3.11%, and the Nasdaq sank 4.20%, as investors questioned whether massive AI investments can deliver enough returns.
Why Intel stock price down today? How the AI memory crunch and weak PC demand hit its forecast, and could the selloff deepen?
Intel (INTC) Stock Crash: Intel shares fell about 29 per cent on Friday after a weak December quarter forecast. Falling PC demand and costlier memory chips are hurting the company, and the selloff has spread to other chip and server stocks.
US stocks today: Nasdaq sinks 2.2% as Amazon, Intel fuel fresh fears over AI spending
Wall Street experienced significant losses as the Nasdaq fell to its lowest level in nearly three months. Concerns about rising capital expenditures at Amazon and cash burn warnings from Intel influenced the technology sector's downturn. Major technology stocks like Alphabet and Nvidia also saw notable declines due to investor scrutiny. Defensive sectors like consumer staples and healthcare gained some traction in response to the selloff.
Honeywell leaning on physical AI to net $1 billion India revenues
The $69 billion building, process, and industrial automation giant, carved out from the Honeywell industrial conglomerate as part of a companywide restructuring, is betting big on physical AI, leveraging its hardware and software experience, Anant Maheshwari, president of strategy and president & CEO of global regions told ET in an interview.
Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across markets
As Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial outcomes. With soaring operational costs and waning consumer interest, both companies face challenging cash flow situations, resulting in borrowing to cover rising expenses. This situation has led to declines in semiconductor and AI cloud shares as investors question future profitability, sparking fears about the tech sector's growth sustainability.
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AI data center boom faces backlash at US ballot box
Resistance is especially visible in Ohio, one of the country's fastest-growing data center markets. No state has more data center-related ballot measures, with voters in more than a dozen jurisdictions set to consider 21 proposals alongside Tuesday's midterm elections, according to the nonpartisan research group Ballotpedia.
byteXL strengthens leadership team to fuel AI and skilling push
byteXL has appointed four senior executives across operations, business, strategy and finance as it prepares to scale its institutional network from 40 to 120 colleges and reach 500,000 students over the next two years. The company is also expanding programmes in AI, GCCs, electric vehicles, semiconductors and precision engineering as it shifts towards a deeper technology focus.
Honeywell Technologies launches new AI platform at Dangote's Nigeria refinery
The platform, being launched at Dangote's Lekki refinery in Lagos, will use NVIDIA and Dell Technologies' capabilities in a bid to drive up productivity and profitability in complex industrial settings, a statement said.
Mark Zuckerberg, worth $240 billion, threatens to leave California over 5% billionaire tax as Meta creates new Class C shares to keep him in state
Mark Zuckerberg has threatened to leave California if the state introduces a proposed 5% billionaire wealth tax. In response, Meta has approved a new class of nonvoting Class C shares that would allow the Facebook co-founder to raise money to pay a potential tax bill without losing control of the company. The new stock arrangement also comes with an eight-year commitment from Zuckerberg to remain a California resident.
Michael and Susan Dell’s $10.9 million Boston penthouse, inspired by movie ‘The Thomas Crown Affair,’ heads to auction after a decade without anyone living in it
Michael and Susan Dell’s luxurious Boston penthouse, purchased for $10.9 million in 2016, is heading to a sealed-bid auction with a minimum reserve price of $6.5 million. Inspired by the 1968 film The Thomas Crown Affair, the couple has never lived in the penthouse, and its kitchen oven reportedly has not been used in a decade.
US stocks 2026: Moderna, SanDisk lead top 10 gainers delivering up to 734% returns
Ten US stocks with market caps above $5 billion have seen share prices more than triple in 2026, delivering returns up to 734%. Healthcare and tech sectors dominate, led by biotechnology firm Moderna and flash memory maker SanDisk, highlighting strong momentum across biotech and established tech majors like Dell.
US stocks today: Nasdaq leads Wall Street higher as SpaceX, Super Micro lift AI sentiment
US stocks ended higher on Wednesday as SpaceX and Super Micro Computer boosted sentiment around artificial intelligence stocks. The Nasdaq led gains, while strong semiconductor stocks added support. However, weakness in Netflix, AT&T and other communications shares limited the broader advance as investors awaited more major technology earnings.
US stocks today: US stocks rise as SpaceX, Super Micro revive appetite for AI stocks
Wall Street opened higher on Wednesday, led by gains in technology and AI stocks after quarterly results from SpaceX and Super Micro Computer improved investor appetite. The Nasdaq gained 0.67%, while the S&P 500 and Dow Jones also rose. Netflix slipped as its outlook disappointed investors.
Ahead of massive IPOs, AI companies are sketching plans to share their wealth
On Sunday, Anthropic said it would commit 5% of its shares to the Anthropic Public Benefit Fund, a new entity within the company, pending approval from stockholders. The stake could increase "as the company grows" in the future. The maker of AI assistant Claude said the fund "might explore" larger donations to traditional nonprofits or potentially distribute money to "specific populations."
US Market: Wall Street’s AI rally faces test as Meta earnings loom
Wall Street’s AI-driven rally faces a crucial test as Meta, semiconductor makers and major companies report quarterly earnings. Investors will scrutinise AI infrastructure spending, profitability prospects, valuations and chip demand. Rising Treasury yields and potential Federal Reserve rate hikes add uncertainty, raising questions about the sustainability of technology-led market gains.
Wall Street Week Ahead: As AI rally wobbles, stock market's spotlight turns to earnings
Investor confidence in the market is wavering due to recent declines in AI-linked stocks and semiconductor firms. Upcoming quarterly results from major players, including Meta Platforms, are being closely monitored by investors. Analysts are watching whether hyperscalers can sustain profitability amid significant capital expenditures on AI infrastructure. The performance of companies such as Tesla and SpaceX will also influence market sentiment.
CoreWeave stock wipeout exposes divide between AI fear and greed
CoreWeave Inc. is navigating turbulent stock trends due to climbing bond yields and investor trepidation over its debt, raising fears of default. Although a temporary boost followed optimistic comments from Nvidia's CEO, the overall sentiment leans towards caution. Analysts believe that while funding needs are pressing, robust AI demand could mitigate rate worries. Furthermore, CoreWeave's alliance with Nvidia may be a vital source of financial support in these unpredictable conditions.
US Stock Market: What to led to S&P 500, Nasdaq, Dow Jones, Russell 2000 rebound after historic low despite fall of Nvidia stocks, TSMC shares?
US Stock Market today: Nvidia dipped 1.8 per cent after chip manufacturer TSMC struck a cautious note on 2027 despite reporting a sixth consecutive record quarterly profit on robust AI-driven demand.
US stocks: Dow, S&P 500 end higher as traders shift from AI to healthcare
After a rocky start, the S&P 500 experienced a resurgence, largely spurred by investments in the healthcare and consumer segments. Investors seemed to distance themselves from technology stocks, anxious about mounting debts in the AI sector. Eli Lilly and UnitedHealth rose thanks to favorable evaluations from Deutsche Bank, whereas Broadcom and Nvidia struggled.
AI stock selloff eases as investors buy on dips amid falling bond yields
A selloff in risky AI-linked stocks eased as buyers returned to technology amid falling bond yields. CoreWeave experienced significant stock declines and bond yield concerns raised worries about rising financing costs. Major AI laboratories like Anthropic and OpenAI reflected slowing growth, contributing to overall investor nervousness. Stock movements varied among leading companies as interest rates influenced market dynamics.
US stocks: AI shares tumble up to 16%, erasing $80 billion as hot US inflation fuels rate fears
Amid rising inflation, major AI firms like CoreWeave and Dell Technologies experienced significant stock price drops, losing around $80 billion in market value. Increased US interest rates have investors worried about the borrowing hurdles faced by less profitable firms within the sector. Even with the strong performance of giants like Nvidia and Microsoft, skepticism remains high, reminiscent of the dot-com era's cautionary tales.
Who is Susan Dell? Michael Dell's wife faces online scrutiny after White House appearance with Donald Trump
Philanthropist Susan Dell fueled a lot of social media buzz when she appeared at the White House with her husband, Michael Dell, and US President Donald Trump. The October 7 event focused on the Trump Accounts programme, which offers eligible children with a $1,000 government seed deposit in investment accounts. However, online discussions soon shifted toward Susan's facial expressions, makeup and overall appearance.
Susan Dell’s ‘$50K MAGA makeover’ sparks frenzy: Why is Michael Dell’s wife trending after White House visit?
Susan Dell, wife of Dell Technologies CEO Michael Dell, has sparked online buzz after her recent White House appearance alongside Donald Trump, with social media users commenting on her changed appearance and dubbing it “Mar-a-Lago face.” The controversy has fuelled talk of a “$50K MAGA makeover,” with cosmetic surgeons outlining how procedures such as facelifts, eyelid surgery, Botox and fillers could potentially account for such changes.
‘Mar-a-Lago face’ is famous again after Susan Dell’s White House remarks; what is it and how does it 'rewrite the rules of aging'
In a viral video, Susan Dell appeared at the White House with President Donald Trump. But online discussion soon turned to her appearance, with users comparing older photos and using the phrase “Mar-a-Lago face.” Here’s what the label means and what experts say about the beauty trend.
Trump honours Microsoft's CEO Satya Nadella after Vance drops H-1B visa hammer on company
President Donald Trump recognized tech leaders including Satya Nadella with National Medals for their achievements during a ceremony. Vice President JD Vance announced the suspension of Microsoft's green card applications due to alleged visa abuse. Vance criticized Microsoft for laying off American workers while hiring foreign employees. The event coincided with ongoing discussions about the implications of AI on the economy.
Trump plans to honour Microsoft's CEO after Vance drops H-1B visa hammer on company
The crackdown on Microsoft came under Vance's purview as the head of a fraud task force, but the targeting revealed the tension between the companies powering US economic growth and the administration's efforts to reduce immigration that it says has come at the expense of American workers.
Trump plans to honor Microsoft's CEO after Vance drops an H-1B visa hammer on the company
Vice President JD Vance announced that Microsoft has been suspended from the skilled foreign worker visa program. This decision coincides with President Donald Trump's intention to accolade tech giants, including Microsoft CEO Satya Nadella. Vance condemned Microsoft's actions, stating their layoffs of U.S. employees contradict their reliance on H-1B visas, suggesting they misused the system.
Susan Dell philanthropy goes beyond Trump Accounts: How The Dell foundation used $78 million to rebuild 3,740 Texas homes and fight homelessness in Austin
Susan Dell’s along with her husband, Michael Dell, she has supported major housing and disaster-recovery efforts in Texas. From contributing $42 million to the Rebuild Texas Fund after Hurricane Harvey, which helped repair or rebuild 3,740 homes, to pledging $36.6 million to expand Community First! Village in Austin, the Dell family has invested millions in helping families recover from disasters and people experiencing homelessness find permanent housing.
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