Yahoo Finance
In the course of two short weeks, tech titans Dell (DELL) and Nvidia (NVDA) have managed to stomp on the bearish AI-is-peaking thesis.
The proof is in the numbers, more importantly, the long-term outlook numbers.
Dell stock rose nearly 10% in premarket trading on Wednesday as the server and PC maker issuedfiscal year 2027 revenue guidancesome $25 billion above analyst estimates.
The company's ticker page is themost visited on the Yahoo Finance platform.
For perspective on how impressive that guidance is, Macy's (M) is estimated to report $22 billion in sales for all of 2026.
"Guidance embeds supply constraints leaving potential for upside," Citi analyst Asiya Merchant said.
"Momentum should sustain ahead, driven by infrastructure modernization and expanding enterprise AI adoption.
Dell's broad portfolio, engineering, deployment expertise, financing availability and supply-chain scale are driving share gains." Driving the strong guidance was a strong fiscal second quarter.
Sales surged 58% from the prior year to a record $47 billion.
Earnings per share skyrocketed 273% from the prior year.
The blockbuster financial performance was spearheaded by explosive, persistent demand for AI-optimized server infrastructure, as enterprise customers and cloud hyperscalers expanded their data center footprints.
"There's an old Texas saying I may have just made up ...
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
Comments
Post a Comment