Tag: $Dell

Dell reported fiscal third-quarter earnings on Tuesday that missed Wall Street expectations for revenue, but the company forecasted a stronger-than-expected fourth quarter driven by increased AI sales.

Shares of Dell Technologies (DELL.N), fell about 7% premarket on Friday, as high manufacturing costs for AI-optimized servers and intensifying competition overshadowed the company’s bullish demand forecast for artificial intelligence infrastructure.

Dell Technologies DELL stock was up—barely—after the company gave a strong revenue outlook for the current quarter.

Dell reported fourth-quarter sales that fell short of analysts’ estimates but earnings topped Wall Street expectations.

Dell Technologies forecast fourth-quarter revenue and earnings below Wall Street expectations Tuesday, despite bullish commentary from the company on AI sales growth.

Dell and Palantir both jumped about 7% in extended trading Friday after S&P Global announced that the companies would join the S&P 500 index.

Shares of Dell Technologies rose 6% in premarket trading on Friday, after robust demand for its artificial intelligence-powered servers propelled the company to raise its full-year earnings and revenue forecasts.

 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 Technologies posted better-than-expected earnings for its latest quarter, as the company continues to see robust demand for AI servers.

Technologies expects annual revenue growth of 3% to 4% going forward, with adjusted profit growth of 8% or better, the PC and enterprise-hardware company said Thursday at a meeting with securities analysts in New York.

Dell Technologies (DELL.N) raised its full-year forecast for revenue and profit on Thursday, as it benefited from the artificial intelligence (AI) boom and stabilizing demand for computer hardware and server products after a months-long slump.

Dell posted unexpectedly strong earnings for its fiscal first quarter thanks to revenue that slightly exceeded expectations combined with some big cost reductions for components that were previously in short supply.