Stock Market Today: The Dow Jones rose Friday on key inflation data. Dell stock plunged 16% on a disappointing outlook. Read More...
Dell Stock Slumps Despite Earnings Beat on Strong Demand for AI Servers
Dell Technologies posted better-than-expected results for its April quarter, boosted by both strong demand for AI-powered servers and improvement in the commercial personal-computers business. Ahead of the results, Dell shares had rallied124% for the year. For the quarter, Dell reported revenue of $22.2 billion, up 6%.
Barrons.com•
Add Comment