Shares of Dell Technologies Inc. ($DELL) dropped more than 1% in mid-day trading on Tuesday as investors awaited the company’s third-quarter earnings report. Wall Street expects Dell to report earnings of $2.06 per share on revenue of $24.67 billion. Evercore ISI believes Dell will likely exceed revenue and earnings estimates, driven by strong performance in its Infrastructure Solutions Group (ISG), particularly in storage, general-purpose computing, and AI servers. However, weaker results in the Client Solutions Group (CSG) could partially offset this strength. Despite concerns in the PC segment, Evercore expects investors will overlook these challenges if ISG margins continue to improve and demand for AI servers grows. The brokerage maintains an ‘Outperform’ rating and a $150 price target on Dell, adding the stock to its ‘Tactical Outperform’ list ahead of earnings. On the other hand, Morgan Stanley expects year-over-year growth in Dell’s earnings but warns there may be limited upside to estimates. The brokerage is cautious about analysts’ expectations for ISG margins stating, “Dell's October quarter ISG operating margins are expected to expand quarter-over-quarter, but at a more moderate pace of 70 basis points, compared to the 140 basis points that analysts are expecting,” Looking ahead, both expect Dell to benefit from an enterprise PC refresh in 2025. Key focus areas for investors will be Dell’s AI server backlog, pipeline, and demand, with improvements in the supply chain and better GPU availability from Nvidia Corp. ($NVDA) providing a boost. “We believe Dell will be one of the key beneficiaries of enterprise PC refresh next year,” Morgan Stanley said in its note. Morgan Stanley estimates the AI server backlog will range between $3.5 billion to $4.5 billion, slightly higher than the previous quarter, suggesting that third-quarter AI server orders could fall between $2.6 billion to $3.6 billion, down from $3.2 billion in July. While optimistic about AI server growth in 2025, Morgan Stanley remains cautious about short-term expectations due to Nvidia’s product transitions and customer demand timing. Retail sentiment around the stock jumped into the ‘extremely bullish’ (85/100) zone with chatter surging to the ‘extremely high’ (79/100), marking a year-high for the stock. Retail investors on the platform are eyeing the earnings commentary for updates around NVIDIA as well as Super Micro Computers ($SMCI). Dell’s shares have surged nearly 90% so far this year, almost doubling in value. For updates and corrections email newsroom[at]stocktwits[dot]com.< Read also: Ford, General Motors, Stellantis Stocks Dip On Trump’s Tariff Threat To Mexico, Canada: Retail Saw It ComingThe average refund amount of $114 per player highlights the scale of the impact that Epic's actions had on consumers. For many players, especially younger ones, these in-app purchases may have been made impulsively or without a full understanding of the financial implications. The refunds serve as a form of restitution for those who were misled or taken advantage of by deceptive advertising practices.
Stay tuned for more updates on Manchester United's injury situation as the season progresses.Smart Diapers Market Forecast 2024-2033: Comprehensive Insights on Market Size, Growth Factors, and Trends
MINNEAPOLIS (AP) — A Connecticut couple has been charged in Minnesota with being part of a shoplifting ring suspected of stealing around $1 million in goods across the country from the upscale athletic wear retailer Lululemon. Jadion Anthony Richards, 44, and Akwele Nickeisha Lawes-Richards, 45, both of Danbury, Connecticut, were charged this month with one felony count of organized retail theft. Both went free last week after posting bail bonds of $100,000 for him and $30,000 for her, court records show. They're due back in Ramsey County District Court in St. Paul on Dec. 16. According to the criminal complaints, a Lululemon investigator had been tracking the pair even before police first confronted them on Nov. 14 at a store in suburban Roseville. The investigator told police the couple were responsible for hundreds of thousands of dollars in losses across the country, the complaints said. They would steal items and make fraudulent returns, it said. Police found suitcases containing more than $50,000 worth of Lululemon clothing when they searched the couple's hotel room in Bloomington, the complaint said. According to the investigator, they were also suspected in thefts from Lululemon stores in Colorado, Utah, New York and Connecticut, the complaint said. Within Minnesota, they were also accused of thefts at stores in Minneapolis and the suburbs of Woodbury, Edina and Minnetonka. The investigator said the two were part of a group that would usually travel to a city and hit Lululemon stores there for two days, return to the East Coast to exchange the items without receipts for new items, take back the new items with the return receipts for credit card refunds, then head back out to commit more thefts, the complaint said. In at least some of the thefts, it said, Richards would enter the store first and buy one or two cheap items. He'd then return to the sales floor where, with help from Lawes-Richards, they would remove a security sensor from another item and put it on one of the items he had just purchased. Lawes-Richards and another woman would then conceal leggings under their clothing. They would then leave together. When the security sensors at the door went off, he would offer staff the bag with the items he had bought, while the women would keep walking out, fooling the staff into thinking it was his sensor that had set off the alarm, the complaint said. Richards' attorney declined comment. Lawes-Richards' public defender did not immediately return a call seeking comment Monday. “This outcome continues to underscore our ongoing collaboration with law enforcement and our investments in advanced technology, team training and investigative capabilities to combat retail crime and hold offenders accountable,” Tristen Shields, Lululemon's vice president of asset protection, said in a statement. "We remain dedicated to continuing these efforts to address and prevent this industrywide issue.” The two are being prosecuted under a state law enacted last year that seeks to crack down on organized retail theft. One of its chief authors, Sen. Ron Latz, of St. Louis Park, said 34 states already had organized retail crime laws on their books. “I am glad to see it is working as intended to bring down criminal operations," Latz said in a statement. "This type of theft harms retailers in myriad ways, including lost economic activity, job loss, and threats to worker safety when crime goes unaddressed. It also harms consumers through rising costs and compromised products being resold online.” Two Minnesota women were also charged under the new law in August. They were accused of targeting a Lululemon store in Minneapolis.Washington Technology Industry Association Releases Washington State Artificial Intelligence Landscape ReportMISSISSAUGA, Ontario, Nov. 26, 2024 (GLOBE NEWSWIRE) — Bird Construction Inc. (TSX: BDT) is pleased to announce the appointment of Evelyn Angelle to its Board of Directors (the “Board”), effective immediately. Ms. Angelle will fill a vacancy on the Board, bringing the total number of directors to 10. Ms. Angelle, a private investor, philanthropist and director, joins the Board with a distinguished background in public company finance and public accounting, having held senior leadership positions at Halliburton Company after a 15-year career in the audit practice of Ernst & Young LLP. A certified public accountant in Texas and certified management accountant, Ms. Angelle’s expertise will be instrumental as Bird continues to pursue its strategic growth initiatives. “We are delighted to welcome Evelyn Angelle to our Board of Directors,” said Paul Raboud, Chairman of Bird Construction Inc. “With her extensive experience in public accounting and senior financial roles as well as her knowledge of supply chain management and investor relations, we are confident that she will make significant contributions to our Board and its Committees as we continue to execute on our strategic priorities and drive value for our shareholders.” Ms. Angelle will immediately join the Board’s Audit Committee and Health, Safety and Environment Committee. Mr. Richard Bird will continue to serve as Audit Committee Chair in an interim capacity. Ms. Angelle is an independent corporate director. She currently serves as a director of Forum Energy Technologies, Inc. (NYSE: FET), where she chairs the Audit Committee and is a member of the Nominating, Governance and Sustainability Committee. Ms. Angelle also serves as a member of the Board of Directors, and as a member of the Audit Committee, of STEP Energy Services, Ltd. (TSX: STEP), an oilfield services company. Ms. Angelle serves on the Board of Managers of Amp Americas II Holdings LLC, a privately held renewable natural gas company, where she chairs the Audit Committee. Through her career, Ms. Angelle served in numerous executive roles, including as Executive Vice President and Chief Financial Officer of BJ Services Company LLC, and Senior Vice President, Supply Chain, for Halliburton. Prior to that, she served as Senior Vice President and Chief Accounting Officer, and Vice President of Investor Relations, both with Halliburton. Before joining Halliburton, Ms. Angelle worked for 15 years in the audit practice of Ernst & Young LLP, specializing in serving large, multinational public companies. She is a graduate of St. Mary’s College (Notre Dame), where she holds a degree in Accounting. Additionally, she holds a certificate in Cyber Security Oversight from Carnegie Mellon University. Beyond her corporate roles, Ms. Angelle is actively engaged in charitable organizations, serving on the Board of Directors and executive committees of Junior Achievement of Southeast Texas and Junior Achievement USA. Ms. Angelle is a member of the National Association of Corporate Directors (NACD), where she was awarded the distinguished Board Leadership Fellow designation. “I am honored to join the Board of Directors at Bird Construction Inc. and look forward to working with the Board and management team to support the company’s strategic vision,” said Ms. Angelle. “I am excited to become part of Bird’s strong 100-year foundation and to build on its tradition of trust.” Bird (TSX: BDT) is a leading Canadian construction and maintenance company operating from coast-to-coast-to-coast. Servicing all of Canada’s major markets through a collaborative, safety-first approach, Bird provides a comprehensive range of construction services, self-perform capabilities, and innovative solutions to the industrial, buildings, and infrastructure markets. For over 100 years, Bird has been a people-focused company with an unwavering commitment to safety and a high level of service that provides long-term value for all stakeholders.
Riccardo Montolivo's comments shed light on a common dilemma faced by many top clubs – balancing the desire for immediate success with the need for long-term sustainability. While it is important to field the best available players in each game, it is equally important to trust the entire squad and give everyone a chance to contribute. Football is unpredictable, and injuries, suspensions, or tactical adjustments can occur at any moment, requiring every player to be ready to step in and perform.