Dell Technologies reported quarterly revenue of $46.97 billion and earnings per share of $7.04, both surpassing analyst expectations. The company's growth is fueled by strong demand in its AI server business, supported by a substantial $51 billion order backlog. Despite a decline in gross margin to 17.8% due to a higher share of AI server sales, management anticipates margin improvement in the second half of the year. Investors are watching Dell's financial health, including its debt and liquidity ratios, as it leverages its AI infrastructure opportunities.
Dell Technologies reported fiscal Q2 revenue of $47 billion, up 58% year-over-year, driven by a doubling in AI-optimized server sales to $16.4 billion. The company beat analyst estimates on revenue and earnings per share, prompting a 10% jump in afte...
Dell Technologies reported quarterly revenue of $46.97 billion, surpassing analyst estimates and growing 58% year-over-year. The company raised its full-year forecast, now expecting $192 billion in revenue and $25.50 in adjusted earnings per share, d...
Dell stock fell 4% ahead of its fiscal Q2 earnings report despite a 266% rally year-to-date, signaling investor caution. The market expects strong growth driven by Dell's AI-optimized servers, with consensus earnings up 113% and revenue up 52% year-o...
Dell Technologies is expected to report record second-quarter earnings with EPS around $4.91 and revenue near $44.89 billion, fueled by high demand for its AI-optimized servers. This would mark a significant increase from last year's $29.78 billion a...
Yorkville America Equities has launched the Yorkville America MANGOS Plus Index ETF (FRUT), a unique fund combining leading AI platform companies like Meta, NVIDIA, and Alphabet with key AI infrastructure hardware firms such as Intel and AMD. This ru...
