Major U.S. indices closed mixed on Thursday, with the Dow Jones Industrial Average edging up 0.03% to 49,499.20, while the S&P 500 slipped 0.5% to 6,908.86 and the Nasdaq dropped 1.18% to 22,878.38.Investors were jittery as U.S. initial jobless claims rose by 4,000 to 212,000 in the third week of February, coming in below estimates of 215,000.These are the top stocks that gained the attention of retail traders and investors through the day.Netflix shares rose by 2.31%, closing at $84.61. The stock reached a ...

Core Viewpoint - The company, a maker of servers and PCs, is increasing its dividend by 20% [1] Group 1 - The company is enhancing shareholder returns through a significant dividend increase [1]

Group 1 - The company recorded a 39% increase in sales, attributed in part to growth in its AI server business [1] - The company anticipates that growth will continue into the new fiscal year [1]

Brinks to acquire NCR Atleos in $6.6 billion deal | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Feb 26 (Reuters) - Brinks Co [(BCO.N), opens new tab] will acquire NCR Atleos in a cash-and-stock deal valued at about $6.6 billion, the digital retail solutions provider said on Thursday.Brink's will acquire each outstanding share of NCR Atleos for $30.00 in cash and 0.1574 shares of its common stock.Sign up [here.]The deal has been a ...

Group 1 - Coupang reported a fourth-quarter revenue of $8.8 billion, reflecting an 11% increase year-over-year, but fell short of analyst expectations of $8.9 billion [1][1][1] - The revenue forecast was based on LSEG SmartEstimate, which prioritizes analysts with a consistent track record of accuracy [1][1][1] Group 2 - The results indicate a potential challenge for Coupang in meeting market expectations despite a year-over-year growth in revenue [1][1][1] - The e-commerce sector continues to face scrutiny as companies navigate competitive pressures and changing consumer behaviors [1][1][1]

Group 1 - CoreWeave reported fourth-quarter revenue of $1.57 billion, exceeding analysts' average estimate of $1.55 billion, driven by the demand for computing power for AI models [1] - The company is benefiting from the artificial intelligence boom, which has led to increased usage of its platform [1] Group 2 - Dell forecasts fiscal 2027 revenue above Wall Street estimates, attributing this to rising demand for its AI-optimized servers [3]

Core Insights - Dell forecasts fiscal 2027 revenue to be between $138 billion and $142 billion, exceeding Wall Street's average estimate of $125.54 billion, driven by increasing demand for AI-optimized servers [4][5] - The company anticipates AI server revenue to grow by 103% to approximately $50 billion in fiscal 2027 [3][7] - Dell's shares rose about 6% in extended trading following the revenue forecast announcement [1] Financial Performance - Dell reported record revenue of $33.4 billion in the fourth quarter, surpassing estimates of $31.73 billion [6] - The adjusted earnings per share (EPS) for the fourth quarter was $3.89, exceeding the expected $3.53 [6] - Revenue from the infrastructure solutions group, which includes storage, software, and server offerings, increased by 73% to $19.60 billion, while the client solutions group revenue rose by 14% to $13.49 billion [6] Market Dynamics - Major tech firms, including Alphabet, Microsoft, Amazon, and Meta, are projected to invest at least $630 billion in AI infrastructure this year, which will enhance demand for vendors like Dell [2] - Rising memory chip costs and U.S. trade regulations have led Dell and HP to implement price increases to mitigate cost pressures [3] - Dell has over 4,000 AI server customers, including notable companies like Elon Musk's xAI and CoreWeave [4][7]

Core Viewpoint - Dell is set to report earnings, with analysts expecting adjusted EPS of $3.54 and revenue of nearly $32 billion for the quarter, while shares have declined over 25% from their 52-week high [1][3]. Business Segments - Dell's business is divided into two main parts: the infrastructure segment, which is experiencing strong demand for AI servers and has a growing backlog, and the PC segment, which is facing challenges due to rising costs for data storage and memory [3][5]. - The infrastructure business is performing well, particularly due to partnerships with Nvidia, which target customers in the AI server space [3][9]. Cost Challenges - The cost of memory is expected to double sequentially, significantly impacting the bill of materials for PC production, which poses a challenge for Dell and other PC manufacturers [6][4]. - Dell will need to work closely with suppliers and implement cost-cutting measures to mitigate these challenges, while also considering price adjustments [5][6]. Market Position - Dell is the third-largest PC maker globally and the second-largest in the U.S., but it faces competition from other major players like Lenovo and HP, who are also dealing with increased costs [3][4]. - Despite the challenges in the PC market, Dell's integrated offerings in AI servers and storage solutions position it well for future growth [8][9]. Investment Outlook - Analysts maintain a buy rating on Dell with a price target of $200, citing the company's strong infrastructure business as a buffer against the downturn in the PC segment [7][8]. - The stock is currently trading at a lower price-to-earnings ratio compared to historical averages, suggesting potential for recovery as the company navigates its challenges [11].

Super Micro Computer, Inc. (NASDAQ:SMCI) is one of the stocks that was on Jim Cramer’s radar recently. A caller inquired if it was time to “dip a speculative toe in the water,” and here’s what Cramer had to say in response: No, I’ll tell you the truth. I mean, I would rather have you, if you’re going to do that, buy Dell. Although Dell is about to report on the 26, but Super Micro is in my no-fly zone. I’m sorry. Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels S ...

Core Viewpoint - HP Inc. anticipates fiscal 2026 results to be at the low end of its forecasts due to U.S. trade regulations and rising memory chip costs, leading to a 3.6% decline in its shares during extended trading [1] Financial Performance - HP's first-quarter revenue increased by 6.9% to $14.44 billion, surpassing analysts' average estimate of $13.94 billion [1] - The adjusted profit per share for the quarter ended January 31 was 81 cents, exceeding estimates of 76 cents [1] - Revenue from the personal systems unit, which includes consumer and commercial PCs, grew by 11% to $10.25 billion [1] - Revenue in the printing segment fell by 2% to $4.19 billion [1] Market Outlook - HP's CFO indicated that the company expects results to be closer to the low end of its range due to increasing memory costs [1] - Preliminary data from IDC suggests a low double-digit decline in unit shipments for smartphones and personal computers in 2026 [1] - Global PC spending is projected to rise to $219.57 billion by 2027 [1] Strategic Adjustments - HP, similar to peers like Dell, has implemented supply chain adjustments and price increases to mitigate the impact of fluctuating tariffs and rising memory chip prices [1] - The company is benefiting from the growing adoption of AI-powered personal computers and the ongoing Windows 11 upgrade cycle [1]