Today in 3 minutes or less:

1. Dell Technologies Reports Robust Q1 FY2025 Financial Results with 6% Revenue Growth ($DELL)

2. Google Enhances Chromebook Plus with New AI and Gaming Features ($GOOG)

3. ESG News of the Day: Nokia Brings High-Speed Fiber Connectivity to Amazon Rainforest Communities ($NOK)

4. Video of the day: Microsoft CEO Nadella on AI PC Plans, Taking on Apple, Fostering Competition ($MSFT)

1. Dell Technologies Reports Robust Q1 FY2025 Financial Results with 6% Revenue Growth ($DELL)

• Revenue Growth: First quarter revenue reached $22.2 billion, a 6% increase year over year.

• Infrastructure Solutions Group (ISG): Achieved $9.2 billion in revenue, up 22%, with servers and networking revenue hitting a record $5.5 billion.

• Client Solutions Group (CSG): Maintained stable revenue at $12.0 billion, with commercial client revenue growing 3% to $10.2 billion.

• Earnings Performance: Diluted earnings per share rose 67% to $1.32, while non-GAAP diluted earnings per share slightly decreased by 3% to $1.27.

Company Guidance

• Q2 FY2025 Guidance:

  • Revenue: Expected between $23.5 billion and $24.5 billion, with a midpoint of $24 billion, reflecting a 5% growth.

  • Non-GAAP Opex: Projected to decrease by roughly 3% year over year.

  • Operating Income Rate: Anticipated to improve sequentially, driven by ISG growth and margin expansion in the storage business.

  • Diluted Share Count: Estimated to be between 723 and 727 million shares.

  • Non-GAAP Diluted EPS: Forecasted at $1.65, plus or minus $0.10.

Source: Dell Technologies inc.  

2. Google Enhances Chromebook Plus with New AI and Gaming Features ($GOOG)

Google introduces advanced AI and gaming features on Chromebook Plus, improving productivity and user experience.

• Help me write: This AI tool helps users write and edit text professionally, available in English.

• Gemini Integration: Gemini assists with brainstorming and planning, and offers 12 months of Google One AI Premium for free.

• Magic Editor: Exclusive to Chromebook Plus, this feature allows easy photo editing with advanced tools.

• Enhanced Gaming: Game Dashboard offers new features like control mapping and seamless gameplay recording.

Source: Google LLC

3. ESG News of the Day: Nokia Brings High-Speed Fiber Connectivity to Amazon Rainforest Communities ($NOK)

• Subaquatic Fiber Network: Nokia's deployment with Global Fiber Peru includes a subaquatic optical, IP, and XGS-PON fiber broadband network.

• Connecting Communities: The network connects 400 communities and over 500,000 people in the Amazon region for the first time.

• Geographic Reach: The fiber network spans the three-border region, linking Iquitos and Santa Rosa de Yaraví (Peru), Leticia (Colombia), and Tabatinga (Brazil).

• Comprehensive Solution: Nokia's solution features 1830 PSS, 7750 service routers, 7250 interconnect routers, and other advanced equipment to ensure premium Wi-Fi and multi-gigabit services.

Source: Nokia Corporation

4. Video of the day: Microsoft CEO Nadella on AI PC Plans, Taking on Apple, Fostering Competition ($MSFT)

Short updates on your favorite stocks & markets

• India Bankers Brace for IPO Surge as Election Uncertainty Lifts - Bloomberg. B

• Santander staff and '30 million' customers hacked. BBC

• Binance's ex-CEO begins prison sentence in California. CNBC

• Downgrade to French credit rating stings Macron government. FT

• Microsoft CEO Satya Nadella Resigns from Starbucks Board. WSJ

• How East West Bancorp has gained an edge by serving the Asian American community. CBNC

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