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(Reuters) - Shares in Dell Technologies Inc rose 22.2% and hit a record high on Friday after it raised full-year financial forecasts with boosts from artificial intelligence (AI) and stabilizing ...
Overall, Dell earned $1.89 per share on an adjusted basis and posted revenue of $25.03 billion, both exceeding LSEG estimates. At least three brokerages raised their price targets after the results.
At least nine brokerages raised their price targets on Dell after the results. Currently, over three-fourths of the analysts have a "buy" or higher rating with a median target price of $113.
Dell Technologies (NYSE: DELL) stock is making big gains in Wednesday's trading. The company's share price was up 7.7% as of 2:15 p.m. ET and had been up as much as 10.1% earlier in the daily session.
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Shares of Dell Technologies hit a record high on Friday amid a rally in companies working on generative artificial intelligence applications, buoyed by strong optimism for the new technology. AI ...
Jennifer Sheryl Dell–Middlebrooks (born July 26, 1986) is the lead college football reporter for CBS Sports. Dell previously worked as CBS ’ #2 NFL sideline reporter in 2014. She also has worked for New England Sports Network (NESN) covering the Boston Red Sox .
Dell Technologies stock sank as much as 12% early Wednesday after the company took a cautious approach to its forecast for investors while warning that AI growth "will not be linear.""AI is a ...