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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 ...
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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...
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In hisDaily Market Notes report to investors, while commenting on the Fed, Louis Navellier wrote: Impacts UncertainThe Fed begins to shrink its balance sheet, and its impact is uncertain. Positive results from Salesforce (NYSE:CRM) and HP (NYSE:HPQ) renewed confidence in business spending and June opened this morning on a positive note, but not with a lot of momentum. Q1 2022 hedge fund letters, conferences and more The Elephant In The RoomThe elephant in the room is that today the Fed begins to reduce its $9 trillion balance sheet, something the market has very little experience with. The pla...
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