Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Dell Technologies Inc. roughly doubled its growth estimates for sales and profit for the next two years, and said demand for artificial intelligence products will extend those higher projections at least through the 2030 fiscal year.
The company unveiled a “long-term financial framework” that calls for sales to rise at a rate of 7% to 9% annually for the next four years, while earnings per share, excluding some items, will increase 15% or more. The company in 2023 had estimated revenue growth of 3% to 4% and adjusted EPS of 8% or better. Dell is announcing the updated numbers, which apply through fiscal year 2030, at an investor event Tuesday in New York, Chief Operating Officer Jeff Clarke said in an interview ahead of the event.

Today's show features:
Woo Jin Ho, Bloomberg Intelligence Senior Hardware and Networking Analyst
Erin Harkless Moore, Vice President and Managing Director, Investments, Pivotal Ventures
Eric Clark, Accuvest Global Advisors CIO
Brandon Scott, the Mayor of Baltimore

Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>. Dell Technologies Inc.&nbsp;roughly doubled its growth estimates for sales and profit for the next two years, and said demand for artificial intelligence products will extend those higher projections at least through the 2030 fiscal year. The company unveiled a &ldquo;long-term financial framework&rdquo; that calls for sales to rise at a rate of 7% to 9% annually for the next four years, while earnings per share, excluding some items, will increase 15% or more. The company in 2023 had estimated revenue growth of 3% to 4% and adjusted EPS of 8% or better. Dell is announcing the updated numbers, which apply through fiscal year 2030, at an investor event Tuesday in New York, Chief Operating Officer Jeff Clarke said in an interview ahead of the event. Today's show features:
<ul>
<li>Woo Jin Ho, Bloomberg Intelligence Senior Hardware and Networking Analyst</li>
<li>Erin Harkless Moore, Vice President and Managing Director, Investments, Pivotal Ventures</li>
<li>Eric Clark, Accuvest Global Advisors CIO</li>
<li>Brandon Scott, the Mayor of Baltimore</li>
</ul>

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.  Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.&nbsp; Watch us LIVE on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Dell Hikes Estimates on Strong AI Demand 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/122d818d-3a35-426d-b10b-b36f0152d65d/transcript

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