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Dell Operating Chief Takes Over PC Unit in Face of Slow Demand

Dell Operating Chief Takes Over PC Unit in Face of Slow Demand

Bloomberg5 days ago
Dell Technologies Inc. has reorganized some of its leadership, putting Chief Operating Officer Jeff Clarke directly in charge of its personal computer unit amid a prolonged slump in that business.
Clarke, who joined Dell in 1987 and is also vice chair, will oversee the company's Client Solutions Group, according to a memo to the staff seen by Bloomberg and confirmed by Dell. The unit, which includes desktop and notebook computers for corporate clients and consumers, had been run by Sam Burd.
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SPCE Stock Price Prediction: Where Virgin Atlantic Could Be by 2025, 2026, and 2030
SPCE Stock Price Prediction: Where Virgin Atlantic Could Be by 2025, 2026, and 2030

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time12 minutes ago

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SPCE Stock Price Prediction: Where Virgin Atlantic Could Be by 2025, 2026, and 2030

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Analysts are saying that Virgin Atlantic (SPCE) could hit $36 by the year 2030. Bullish on SPCE? You can invest in Virgin Atlantic on SoFi with no commissions. If it's your first time signing up for SoFi,. Plus, get a 1% bonus if you transfer your investments and keep them there until December 31, 2025. Virgin Galactic Holdings Inc), the space tourism company founded by British billionaire Richard Branson, has had a turbulent year due to sharp price declines and analyst apathy. As of July 21, 2025, the stock has plummeted over 38% year-over-year, starkly contrasting the S&P 500's nearly 4.9% increase during the same period. Analyst sentiment toward Virgin Galactic remains mixed. Only one analyst has issued a Buy recommendation, while the majority have rated the stock as a Hold or Sell. However, institutional ownership of the company exceeds 27%, indicating at least a moderate level of institutional confidence. Despite the stock's recent struggles, consensus price targets remain relatively high compared to the company's current market price, suggesting that analysts believe the company has potential for future growth. Don't Miss: Be part of the breakthrough that could replace plastic as we know it — invest in Timeplast before the July 31st deadline and help revolutionize a $1.3T industry. Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's how you can earn passive income with just $100 today. It's worth noting that Virgin Galactic has been a popular target for short sellers and meme stock enthusiasts and was one of the stocks that saw a short squeeze unfold during the saga of GameStop Corp.. This increased interest has likely contributed to the stock's volatility and price decline and it remains to be seen how these factors will influence shares in the future. Virgin Galactic Stock Price Prediction for 2025 A good place to start for Virgin Galactic stock predictions is the current market price of $4.31. The stock has had a rough ride for most of 2024 and seems to continue in 2025. Technical analysis indicates the maximum price in 2025 is expected to be $4.05. This represents a negative change of around 6%. The minimum is projected to be around $3.80, leading to an average stock price of $3.90. Overall, SPCE's stock price is expected to decrease gradually throughout the rest of 2025. Anticipation of the company's spaceflights is growing and the company's first commercial launch is expected to generate significant media attention and investor interest. Also of note is the current level of short interest: over 25% of the float is currently sold short, which is a level worth keeping an eye on for future short squeezes. Virgin Galactic Stock Price Prediction for 2026 The year 2026 is shaping up to be a big one for Virgin Galactic stock. Investor confidence could also reach the stratosphere if the company can begin consistently scheduling commercial spaceflights. The company has seen revenue increases since 2024, but costs have also gone up and the firm reported a loss of $23 million in the most recent quarter in 2024. Despite the expanding losses, analysts are mixed on the stock. Citizen space travel likely appeals to only the wealthiest clients initially and the company will need to battle for market share with private competitors like SpaceX and Blue Origin. Price targets range from a minimum of $3.68 to a maximum of $3.81, representing a decrease of 11.71% from the current levels. Virgin Galactic Stock Price Prediction for 2030 With analyst price targets looking more like dart throws than precise projections, calculating where the Virgin Galactic stock price will be in 2030 depends on their ability to get citizens home from space safely and efficiently. If commercial space travel becomes a lucrative stock sector, there's no reason Goldman Sachs's sky-high price target of $36 couldn't be a reality by 2030. But remember, no company has ever attempted what Virgin Galactic is trying to accomplish. Even if it continues progressing toward the stars, volatility and uncertainty could keep SPCE stock grounded for long periods. Use caution and be sure to update your thesis if the company's fortunes change. Is Virgin Galactic Stock Right For You? When considering an investment in Virgin Galactic stock, you'll need to consider several key factors. The stock's sharp 37% decline in year-over-year share price is evidence of the company's current challenges. Analyst sentiment remains mixed – 1 out of 12 analysts rate the stock as a Buy and price targets are scattered across the landscape. Additionally, the stock has a large amount of short interest, adding a potential element of short squeeze volatility given its popularity within the meme stock community. Speculative short interest in volatile stocks like SPCE can cause unpredictable price swings. However, despite these concerns, the consensus price target on SPCE shares still suggests a double-digit upside, offering hope for long-term investors who believe in Virgin Galactic's future trajectory. Methodology for Stock Price Prediction Predicting the stock price of an aerospace tourism company with goals as lofty as Virgin Galactic's is a complex task that requires careful consideration of various factors. Given its industry and potential regulatory hurdles, analyzing the company's financial and technical data requires more than typical tech stock analysis. Flying people into space on a commercial aircraft is unprecedented and determining the profitability of such an endeavor is full of uncertainties. When forecasting Virgin Galactic's future stock price, we primarily relied on the following three concepts: Technical analysis: Technical indicators can often predict short-term price movements. Analyzing patterns, volume changes and indicators like support and resistance can help identify potential trading opportunities. While technical analysis can be valuable for short-term predictions, fundamental factors should also be considered if you invest with a long-term outlook. Fundamental analysis: Understanding Virgin Galactic's financial health is crucial for long-term investment decisions. Factors such as revenue growth, profitability, debt levels and investor sentiment provide insights into the company's prospects. For example, if Virgin Galactic announces an increase in ticket sales and reports a few successful spaceflight launches, the stock price could see a positive impact. Analyst projections and price targets: Relying on analyst ratings and price targets can be helpful, as they provide expert opinions and consensus on the company's future. While individual analysts may have varying perspectives, their collective analysis can offer valuable information about expected price movements and long-term stability. By combining these approaches, investors can make more informed decisions about Virgin Galactic's stock and assess its potential for long-term growth. No type of stock analysis will produce winners with 100% certainty, so combining multiple approaches is the best way to improve accuracy when learning how to buy stocks. See Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's how you can earn passive income with just $10, starting today. This article SPCE Stock Price Prediction: Where Virgin Atlantic Could Be by 2025, 2026, and 2030 originally appeared on

Cathie Wood buys $45 million of battered megacap tech stock
Cathie Wood buys $45 million of battered megacap tech stock

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time12 minutes ago

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Cathie Wood buys $45 million of battered megacap tech stock

Cathie Wood buys $45 million of battered megacap tech stock originally appeared on TheStreet. Cathie Wood doesn't give up on companies she believes in. The Ark Invest chief is known for sticking with tech stocks she sees as "disruptive", often buying even when they face setbacks. This is what she just did, adding to a high-profile tech stock amid a post-earnings dip. Wood's funds have experienced a volatile ride this year, swinging from sharp losses to strong gains. In January and February, the Ark funds rallied as investors bet on the Trump administration's potential deregulation that could benefit Wood's tech bets. But that momentum hit hard in March and April, with the funds trailing the market as top holdings slid amid growing concerns over the macroeconomy and trade policies. Now, the fund is regaining momentum. As of July 25, the flagship Ark Innovation ETF () is up 33.3% year-to-date, far outpacing the S&P 500's 8.6% gain. Wood's remarkable return of 153% in 2020 helped build her reputation and attract loyal investors. Her strategy can lead to sharp gains during bull markets but also painful losses, like in 2022, when ARKK tumbled more than 60%. As of July 25, Ark Innovation ETF, with $6.8 billion under management, has delivered a five-year annualized return of negative 0.03%. The S&P 500 has an annualized return of 16.46% over the same period. Cathie Wood's investment strategy explained Wood's investment strategy is straightforward: Her Ark ETFs typically buy shares in emerging high-tech companies in fields such as artificial intelligence, blockchain, biomedical technology and robotics. According to Wood, these companies have the potential to reshape industries, but their volatility leads to major fluctuations in Ark funds' Ark Innovation ETF wiped out $7 billion in investor wealth over the 10 years ending in 2024, according to an analysis by Morningstar's analyst Amy Arnott. That made it the third-biggest wealth destroyer among mutual funds and ETFs in Arnott's ranking. Wood recently said the U.S. is coming out of a three-year 'rolling recession' and heading into a productivity-led recovery that could trigger a broader bull market. In a letter to investors published in late April, she dismissed predictions of a recession dragging into 2026 and struck an optimistic tone for tech stocks. "During the current turbulent transition in the US, we think consumers and businesses are likely to accelerate the shift to technologically enabled innovation platforms including artificial intelligence, robotics, energy storage, blockchain technology, and multiomics sequencing," she said. But not all investors share this optimism. Through July 10, the Ark Innovation ETF saw nearly $2 billion in net outflows over the past 12 months, according to ETF research firm VettaFi. Cathie Wood buys $45 million of Tesla stock after earnings On July 24, the day when Tesla () dropped 8.2% following its second-quarter earnings, Wood's Ark funds snapped up 143,190 shares worth around $45.3 million. This was one of Wood's largest recent purchases. Tesla's Q2 earnings were quite dismal. The electric vehicle maker reported a 16% drop in automotive revenue as vehicle sales declined for the second straight company posted adjusted earnings of 40 cents per share, missing the 43 cents expected. Revenue came in at $22.50 billion, slightly below the $22.74 billion forecast. 'We probably could have a few rough quarters. I am not saying that we will, but we could,' CEO Elon Musk said. Tesla is grappling with growing challenges, from the rise of lower-cost electric vehicle competitors, especially in China, to a political backlash against Musk that has damaged the brand in the U.S. and Europe. But that hasn't stopped Wood, a longtime supporter of Tesla, from doubling down. 'We've been dealing with controversy around Elon Musk in one form or another since we first bought the stock,' Wood said in a recent interview with Bloomberg. 'We do trust the board and the board's instincts here and we stay out of politics.' She also noted that Musk seems more focused on the business again, especially after he decided to take charge of sales in the US and Europe. 'One of the announcements Elon made recently is that he is going to oversee sales in the US and in Europe,' Wood said. 'When he puts his mind on something, he usually gets the job done. So I think he's much less distracted now than he was, let's say, in the White House 24/7.' Back in March, Wood predicted Tesla's stock would reach $2,600 in five years, which is nearly nine times higher than where it trades now. Much of the optimism is driven by the company's highly anticipated robotaxi, which Wood believes will account for 90% of the company's value. Musk said during the earnings call that Tesla's robotaxi service, which the company has recently started testing in Austin, Texas, will expand to other states, with a goal of covering half the U.S. population by year-end pending regulatory approvals. "That's at least our goal, subject to regulatory approvals. I think we will technically be able to do it," he said. Tesla stock is down more than 21% year-to-date. The stock has long been Wood's biggest holding, accounting for 9.6% of the Ark Innovation Wood buys $45 million of battered megacap tech stock first appeared on TheStreet on Jul 27, 2025 This story was originally reported by TheStreet on Jul 27, 2025, where it first appeared. Sign in to access your portfolio

EU, US Differ on Pharma Tariffs, Complicating Trump's Trade Deal
EU, US Differ on Pharma Tariffs, Complicating Trump's Trade Deal

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time12 minutes ago

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EU, US Differ on Pharma Tariffs, Complicating Trump's Trade Deal

(Bloomberg) -- The European Union and the US appear to differ on some fundamental details in their new trade agreement, underscoring the difficulty they'll have in turning this deal into a reality. The High Costs of Trump's 'Big Beautiful' New Car Loan Deduction Can This Bridge Ease the Troubled US-Canadian Relationship? Trump Administration Sues NYC Over Sanctuary City Policy The EU said it would accept a 15% tariff on nearly all its exports to the US. President Donald Trump told reporters that the bloc also agreed to open up its 'countries to trade at zero tariff.' After he met with European Commission President Ursula von der Leyen Sunday, Trump said that the deal would not include pharmaceuticals, a contentious point in the negotiations, seeming to imply they would be subject to a higher tariff. In a separate news conference, von der Leyen said, 'The EU agreed we have 15% for pharmaceuticals.' But she added, 'Whatever decisions later – by the president of the US – that's on a different sheet of paper.' The US has initiated investigations into whether the import of certain products, such as pharmaceuticals and semiconductors, poses a national security threat to the country. This could lead to separate tariffs on those sectors. Trade accords typically require years of negotiations and can run thousands of pages long. Talks on the preliminary agreement clinched on Sunday began in April and concrete details appear scant. The EU and US also diverged on another controversial sector, with Trump saying that the 50% tariff on steel and aluminum 'stays the way it is.' Von der Leyen said that metal 'tariffs will be cut and a quota system will be put in place.' Von der Leyen argued that she won certainty and stability for companies on both sides of the Atlantic. But it's far from clear that the EU and US will be able to iron out all their differences on the many contentious issues yet to deal with. 'The focus will now turn to interpretation and implementation risk, posing a mix of political and technical questions,' Carsten Nickel, deputy director of research at Teneo, wrote in a note. 'Given the nature of the deal, major uncertainties are likely to persist.' Burning Man Is Burning Through Cash It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Confessions of a Laptop Farmer: How an American Helped North Korea's Wild Remote Worker Scheme Elon Musk's Empire Is Creaking Under the Strain of Elon Musk A Rebel Army Is Building a Rare-Earth Empire on China's Border ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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