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Dell Technologies Newsroom
Macy's revealed a major accounting incident: an employee falsely recorded $0.151 billion in expenses
Macy's, an established US retail giant, revealed on Wednesday the findings of an investigation into a major accounting incident that affected its financial reports for several years. The investigation determined that repeated mistakes and subsequent cover-ups by one of the company's employees led to a false recording of $0.151 billion in expenses. These differences stem from underestimated small package delivery costs starting at the end of 2021, and persist due to deliberate misbilling and falsification of documentation. This operation by this employee masks the true costs, which were not discovered until the fall of 2024. Although Macy's fired the employee, the company said the employee had no experience from these misdeeds
The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, with Meta, Amazon, and Netflix all reaching new highs. Nvidia rose more than 3%, and Broadcom rose nearly 7%. At one point, ultra-microcomputers fell more than 8%. The decline narrowed, and Fanduo turned up more than 11%. The US CPI for November is betting on cutting interest rates next week. Interest rate cuts may be suspended in January next year. US dollar and US bond yields will rebound in V shape, and spot gold will be the highest in five weeks. The yen dived below 152, and the offshore renminbi once fell more than 300 points to 7.29 yuan. After the Bank of Canada cut interest rates sharply, Canadian dollar and Canadian bond yields turned up, and oil prices rose by about 2%.
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Dell Technologies Options Spot-On: On December 10th, 120.91K Contracts Were Traded, With 714.57K Open Interest
On December 10th ET, $Dell Technologies(DELL.US)$ had active options trading, with a total trading volume of 120.91K options for the day, of which put options accounted for 33.12% of the total
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Dell Technologies(DELL.US) 10% Shareholder Sells US$215.57 Million in Common Stock
$Dell Technologies(DELL.US)$ 10% Shareholder SLTA IV (GP), L.L.C. sold 430.46K shares of common stock on Dec 5, 2024 at an average price of $126.04 for a total value of $54.25 million. This
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Dell Technologies Expands Partnership With CoreWeave
Express News | Dell Technologies: COREWEAVE integrates its cloud computing service platform with the dell ai factory and nvidia.
CoreWeave Signs Strategic Agreement With Dell To Support Next Generation AI Innovation, Coreweave Will Receive Liquid-Cooled, Fully-Integrated Dell IR7000 Racks With Dell PowerEdge XE9712 Servers, Supported By Dell's AI Professional Services To...
Express News | Coreweave and Dell Technologies Extend Relationship to Deliver AI at Scale
CoreWeave and Dell Technologies Extend Relationship to Deliver AI at Scale