Reuters

(Reuters) - Dell Technologies shares tumbled about 14% in premarket trading on Friday, as the PC and server maker expects sizeable AI investments to dent its quarterly profit.

Dell is on track to lose more than $17 billion in market value, if premarket losses hold. The stock has more than doubled this year.

Companies, including Dell, have been investing heavily in pricey hardware to build-out advanced servers with the ability to process... (continue reading...)

MADRID (Reuters) - Spanish police have seized 11 metric tonnes of fake soccer jerseys to be sold in Spain in the run-up to Saturday's Champions League final in London between Real Madrid and Borussia Dortmund and the Euro 2024 in Germany next month.

A search of 15 heavy lorries had produced the haul of jerseys along with other fake products such as luxury watches, leather goods and electronics, with an estimated market value of more than six million... (continue reading...)

DUBAI (Reuters) - Yemen's Houthis launched a missile attack on the U.S. aircraft carrier Eisenhower in the Red Sea in response to U.S. and British strikes on Yemen, Houthi military spokesperson Yahya Saree said on Friday.

Six U.S. and British strikes have killed 16 people and wounded 41, including civilians, Saree said in a televised statement.

Strikes on the province of Hodeidah targeted‮ ‬the port of Salif, a radio building in... (continue reading...)

HAVANA (Reuters) - If May is any indication, Cuba is in for a long, hot summer, says Havana horse and buggy driver Osmel Valdes.

The 52-year-old Havana resident runs a transport service through the Cuban capital's sweltering streets. Shade is hard to come by so he lays a piece of scrap cardboard atop his horse between rides to give it respite.

"This month the heat has been terrible," he says.

Across the island nation,... (continue reading...)

By Tannur Anders

MIDRAND, South Africa (Reuters) - A top official in South Africa's African National Congress (ANC) backed President Cyril Ramaphosa despite a dismal result in this week's parliamentary election, saying he should still be the party leader and would not have to resign.

With just over 60% of votes counted, the vote share for the ANC - the party that has governed South Africa since the end of apartheid in 1994 - was just... (continue reading...)