quantic69 Morgan Stanley upgraded Dell Technologies' ( DELL ) stock to Equal-weight from Underweight and increased the price target to $448 from $170. Shares of Dell climbed about 1% premarket on Monday. "Our memory thesis was wrong as DELL is managing supply and executing better than peers, enabling mission critical demand capture, share gains, and pricing power. Uncertainty on duration/magnitude...
quantic69 Morgan Stanley upgraded Dell Technologies' ( DELL ) stock to Equal-weight from Underweight and increased the price target to $448 from $170. Shares of Dell climbed about 1% premarket on Monday. "Our memory thesis was wrong as DELL is managing supply and executing better than peers, enabling mission critical demand capture, share gains, and pricing power. Uncertainty on duration/magnitude of growth remains on pull-fwd/enterprise exposure," said analysts led by Erik Woodring. Following the company's fiscal first-quarter results post-market on May 28, the PC maker's stock had surged nearly 35% on May 29. Analysts at Morgan Stanley noted at the time that they "got this one wrong," and their model/price target was under review. Woodring and his team said that the combination of facts from Dell's fiscal first-quarter earnings and their time in Taiwan last week made it clear that the company is managing the current semiconductor supply chain shortage better than peers, largely alleviating their prior memory concerns. The analysts noted that Dell is executing across nearly all business lines, taking share of a growing AI spend pie, gaining share in traditional enterprise markets, and using pricing power in ways that peers are not, including winning general purpose server orders from tier 2 cloud service providers, or CSPs. These factors are more than offsetting record input cost inflation and driving the strongest year of revenue and earnings growth, by far, since Dell returned to the public markets in 2018, according to the analysts. "That said, the duration and magnitude of today's record growth is still uncertain, as most Enterprise Hardware spending checks point to mixed core growth with some degree of accelerated purchases, primary with large enterprises, Dell's core customer. Clearly our prior thesis was wrong, and we are stepping to the sidelines and upgrading Dell to Equal-weight (from Underweight) with a new $448 price target as we evaluate the sustainabi...
African electric-mobility startup Spiro raised $215 million backed by European and African investors as it nears $1 billion in value, or so-called unicorn status, founder Gagan Gupta said. It will use the funds to expand its battery-swapping and manufacturing infrastructure across the seven African markets in which it operates, and to enter Malawi, Mali and Ethiopia, Gupta said in an interview. Im...
African electric-mobility startup Spiro raised $215 million backed by European and African investors as it nears $1 billion in value, or so-called unicorn status, founder Gagan Gupta said. It will use the funds to expand its battery-swapping and manufacturing infrastructure across the seven African markets in which it operates, and to enter Malawi, Mali and Ethiopia, Gupta said in an interview. Impact Fund Denmark and Equitane Inc. backed the latest funding round, he said. The transaction underscores a growing appetite among institutional investors for African mobility platforms that are seeking to modernize urban transport. The continent is home to the fastest-growing population in the world, with rising demand from millions of youngsters moving to cities. Read more: 25 African Startups to Watch in 2026 Spiro’s equity raise follows an earlier round of $100 million late last year, and a debt round of $50 million this year. Mobility startups on the continent are expanding, with Uber Technologies Inc. -backed vehicle-financing and fleet-management company Moove in the process of raising a fresh equity round. It closed a debt financing round of more than $1 billion last year, while expanding into managing an autonomous vehicle fleet in large markets such as the US. Spiro owns more than 100,000 electric motorcycles and about 2,500 swapping stations. The company also owns manufacturing plants in Kenya, Rwanda and Uganda, and a battery-recycling facility in Nigeria. Electric vehicles are able to cut costs for riders by about 30% to 40%, compared with fossil-fuel vehicles, Gupta said. Impact Fund Denmark invested Danish pension money into Spiro because it sees significant commercial growth for the startup and electric mobility in Africa, Chief Executive Officer Lars Bo Bertram said. Sign up here for the daily Next Africa newsletter and subscribe to the Next Africa podcast on Apple , Spotify or anywhere you listen .
Suphanat Khumsap/iStock via Getty Images Now is a great time to be an energy investor, especially as structural advantages have come in favor of U.S. based infrastructure. Unlike many AI names that have taken off, the market does not seem to yet fully appreciate these tailwinds. This leads opportunities that have plenty of runway ahead. This brings me to Valero Energy ( VLO ), which remains attrac...
Suphanat Khumsap/iStock via Getty Images Now is a great time to be an energy investor, especially as structural advantages have come in favor of U.S. based infrastructure. Unlike many AI names that have taken off, the market does not seem to yet fully appreciate these tailwinds. This leads opportunities that have plenty of runway ahead. This brings me to Valero Energy ( VLO ), which remains attractive despite solid share price appreciation over the past year. At the current price of $244, VLO carries a forward P/E of 8.4 and Buy/Strong Buy ratings from Wall Street and SA’s Quant. VLO Stock 1-Yr Trend (Seeking Alpha) In this article, I cover VLO including recent business results , and discuss why VLO is an attractive ‘Buy’ in the energy space at present, so let’s dig in! Why VLO? Valero Energy is one of the world’s largest independent refiners and a leading producer of transportation fuels, renewable diesel, and ethanol. Its network of refineries is located in the U.S., Canada, and the U.K. It also has 12 ethanol plants in the U.S. Midwest and the Diamond Green Diesel JV that’s one of world’s largest renewable diesel platforms. What sets VLO apart is its strategic coastal refining footprint along the U.S. Gulf Coast. This gives it access to global markets from both input and output perspectives. The sanctions relief and increased availability of Venezuelan crude created wider discounts for heavy sour feedstocks. VLO’s Gulf Coast refining network was particularly well positioned to capture these economics because of its ability to process the discounted heavy crude streams. This was reflected in VLO’s strong Q1 2026 results. Tightening supplies due to the Middle East conflict and low cost inputs from Venezuela contributed to higher margins. At the same time, jet fuel shortages in global markets drove premium pricing for VLO and represented 30% of VLO’s distillate production, up from 26% normally. These factors contributed to VLO’s refining segment generating income of...
The two terms of US President Donald Trump have shaken the old style of US liberal internationalist leadership. Yet, as some doors close, others open. The summit between President Xi Jinping and Trump in Beijing last month suggests that the United States and China might now have an opportunity to move beyond ideological confrontation and towards a more realistic framework of coexistence, strategic...
The two terms of US President Donald Trump have shaken the old style of US liberal internationalist leadership. Yet, as some doors close, others open. The summit between President Xi Jinping and Trump in Beijing last month suggests that the United States and China might now have an opportunity to move beyond ideological confrontation and towards a more realistic framework of coexistence, strategic stability and managed competition. For decades, Washington has held global primacy and pursued a...
Hyland, a global leader in enterprise content management (ECM) and the pioneer of the content-powered agentic enterprise, today announced a strategic partnership with Microsoft to bring the Hyland Content Innovation Cloud™ to Microsoft Azure. This partnership enables Hyland to support customers across regions and cloud environments, uniting Hyland's governed enterprise content platform with the Mi...
Hyland, a global leader in enterprise content management (ECM) and the pioneer of the content-powered agentic enterprise, today announced a strategic partnership with Microsoft to bring the Hyland Content Innovation Cloud™ to Microsoft Azure. This partnership enables Hyland to support customers across regions and cloud environments, uniting Hyland's governed enterprise content platform with the Microsoft Azure ecosystem to accelerate the adoption of content-powered agentic enterprise. It reinfor
PM Images/DigitalVision via Getty Images Ok May is over and the markets are at all time highs with the Dow at 51,032.46, the Nasdaq closed at 26,972.62, and the S&P 500 finished at 7,580.66 to close out the month. No deal with Iran has been announced yet and WTI is at $87.36 per barrel. We are closer than many think to S&P 500 8,000 as the S&P 500 just needs to climb another 5.54%. I may not be bu...
PM Images/DigitalVision via Getty Images Ok May is over and the markets are at all time highs with the Dow at 51,032.46, the Nasdaq closed at 26,972.62, and the S&P 500 finished at 7,580.66 to close out the month. No deal with Iran has been announced yet and WTI is at $87.36 per barrel. We are closer than many think to S&P 500 8,000 as the S&P 500 just needs to climb another 5.54%. I may not be bullish enough and I was one of the only people that on December 31 st , 2025, came out publicly and said that my price target for the S&P 500 was to reach 8,000. The reality is that if a conflict in Iran and oil going over $100 causing CPI and PPI to spike and the discussion of rate cuts to disappearing couldn’t put us in a bear market I don’t know what will. This is one of the most hated markets I have seen but the facts are that it is backed by durable cash flow from the largest companies. I do believe that we will get some type of resolution and the Straight will open up again before July 4 th and if that happens we are likely to see oil fall below $80. In that scenario I think the market will go significantly higher and the Dividend Harvesting Portfolio will benefit. I am still adding to companies that I believe will benefit from rate cuts and that is likely to remain the plan for some time. After allocating $27,400 to the Dividend Harvesting Portfolio, the account balance finished week 274 at $39,020.05. The account's profitability declined (-1.06%) to $11,620.05, which is a return on invested capital of 42.41%. Over the past week, I added to Realty Income ( O ) and the Neos Investments Nasdaq 100 High Income ETF ( QQQI ). The combination of reinvesting the generated dividend income and making these investments increased the forward projected annualized dividend income by $15.05 (0.50%) to $3,037. The Dividend Harvesting Portfolio has generated $6,769.97 of income since its inception, which is 24.71% of the total capital I have allocated toward the Dividend Harvesting P...
'For gamers, the support extension represents more time to build': AMD extends its Socket AM5 support through 2029, and a popular AM4 CPU has returned TechRadar
'For gamers, the support extension represents more time to build': AMD extends its Socket AM5 support through 2029, and a popular AM4 CPU has returned TechRadar
Malaysia’s southern state of Johor dissolved its legislature on Monday, setting up an election within 60 days that analysts said would test whether the once-dominant Umno-led Barisan Nasional (BN) coalition can turn its state stronghold into a launch pad for a wider political comeback. The vote will also put Prime Minister Anwar Ibrahim’s Pakatan Harapan (PH) reformist alliance in an awkward conte...
Malaysia’s southern state of Johor dissolved its legislature on Monday, setting up an election within 60 days that analysts said would test whether the once-dominant Umno-led Barisan Nasional (BN) coalition can turn its state stronghold into a launch pad for a wider political comeback. The vote will also put Prime Minister Anwar Ibrahim’s Pakatan Harapan (PH) reformist alliance in an awkward contest against its federal partner BN, with both coalitions set to run against each other in Johor...