Dell Technologies (DELL) stock sank as much as 12% early Wednesday after the company took a cautious approach to its forecast for investors while warning that AI growth "will not be linear." "AI is a robust opportunity…and interest in our portfolio is an all-time high with no signs of slowing down," Dell COO Jeffrey Clarke said during a call with investors Tuesday night.
Open FlipConsumer price increases accelerated last month, the latest sign that inflation's steady decline over the past two years has stalled. According to the Federal Reserve's preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier, the Commerce Department said Wednesday. That is up from just 2.1% in September, though it is still only modestly above the Fed's 2% target.
Open FlipWaaree Renewable Technologies has received a term sheet for a 2012.47 MWp DC ground mount solar PV project worth approximately ₹12,33.5 crore, excluding taxes. The project's timeline will be mutually decided, and this development comes after the company's net profit nearly tripled to ₹53.51 crore in the September quarter.
Open Flip