The investment seeks to track the investment results (before fees and expenses) of the Dorsey Wright® Technology Technical Leaders Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of at least 30 securities of companies in the technology sector that have powerful relative strength or "momentum" characteristics.
IPO Year: n/a
Exchange: NASDAQ
| Date | Price Target | Rating | Analyst |
|---|
Michael Dell, CEO of Dell Technologies Inc. (NYSE:DELL), is set to sell 10 million shares valued at approximately $1.3 billion, as revealed in a recent regulatory filing dated June 6. This year could mark a record in Michael Dell’s selling history, surpassing the total from 1999 during the peak of the internet bubble. This follows an earlier transaction where the billionaire and the Michael & Susan Dell Foundation sold shares worth $1.6 billion, positioning 2024 as potentially his most significant year of stock liquidation, according to a report from Bloomberg. The year 1999 saw Michael Dell selling $1.7 billion in stock, just before the burst of the internet bubble. These planned s
Dell Technologies Inc (NYSE:DELL) shares are trading higher as AI-related stocks gained in sympathy with partner Nvidia Corp (NASDAQ:NVDA). Meanwhile, Dell and Ericsson (NASDAQ:ERIC) collaborated to combine their industry expertise with telecom software, solutions, and support, guiding communications service providers (CSPs) through their radio access network (RAN) cloud transformation journeys. CSPs aim for network cloud and operations transformation to improve economics and agility while maintaining network reliability. Also Read: Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes In 2023, Ericsson and Dell Technologies partnered to deve
Dell Technologies Inc. (NYSE:DELL) shares are trading higher on Friday. The company said it is using AI to innovate and strengthen patient care to deliver significant advancements in medicine, along with Northwestern Medicine. The parties are also focusing on developing and evaluating a generative multimodal large language model (LLM) to interpret chest x-rays. Due to restricted technology capabilities, Northwestern Medicine faced challenges in advancing healthcare promptly, according to a press release. By collaborating with Dell’s AI Innovation Lab, they designed and tested workflow solutions before implementing them, reaching a significant milestone: a multimodal LLM generating
Dell Technologies Inc (NYSE:DELL) has implemented workforce reductions as part of its comprehensive cost-cutting strategy, which also encompasses constraints on external hiring and internal employee reorganizations. As of February 2, 2024, Dell’s workforce has decreased to nearly 120,000 employees from about 126,000 the previous year, reflecting these changes. This decision follows a declining demand for personal computers, which has lasted nearly two years and contributed to an 11% decrease in the company’s revenue in the fourth quarter of the previous fiscal year. Despite experiencing a 12% drop in revenue in its client solutions group, which includes its PC division, during the