Dell Technologies shares skyrocketed 32% and are on track for the company's best day ever after first-quarter earnings. AI server revenue jumped 757% year-over-year to $16.1 billion, driving the fastest revenue growth since 2018 and beating estimates on adjusted EPS of $4.86.
We got this one wrong, and our model/PT are under review.
one of the most impressive quarters we've seen in our time covering Hardware, especially in the context of what is happening across the component universe.
Tap a lens to see what this story means for you.
Reader-supported · The Brief
Liked this? The Brief brings you the whole day in tech, verified, every morning. Two minutes, free forever.
See what’s happening right now
The Feed runs all day — short, verified briefs the moment they break.
Open the FeedFollow @thecircuitry_
Every story we publish, as it happens. No noise between.
Reader-supported
The Circuitry is a passion project I've always wanted to build, and I love the work behind it.
Running it costs real money. APIs, hosting, time. To keep improving the site and growing this into something useful for everyone, those costs have to be covered.
Any contribution is appreciated. If not, no pressure. Thanks for reading.
Repligen will acquire BioLife Solutions for $1.5 billion, merging two longtime providers of tools for cell and gene therapy and biopreservation. The deal values BioLife shares at $31 each and is slated to close in the fourth quarter pending approvals.
BitMEX will close its crypto derivatives exchange in September and has urged users to withdraw funds as soon as possible. The shutdown follows a strategic review and comes after years of regulatory penalties and legal actions against the company and its founders.
DTCC has completed its first live production trades of tokenized stocks, ETFs and U.S. Treasurys with more than two dozen major institutions. The milestone advances its planned tokenization service launch in October and shows blockchain integration into core Wall Street infrastructure while preserving traditional legal rights.
