The company has a substantial AI backlog of $51.3 billion and $24.4 billion in quarterly AI orders, indicating strong demand. Management raised the fiscal year 2027 revenue guidance by $27 billion at the midpoint, with some analysts expecting another increase in the next quarter. However, concerns remain about profit margins, especially as lower-margin AI servers become a larger part of sales. The market's reaction will likely focus on margin improvements rather than just revenue growth. The author remains neutral on the stock, seeing no clear buying opportunity ahead of earnings due to margin uncertainties.
The August jobs report is crucial for the Federal Reserve's decision on a potential September rate hike, with strong labor data increasing the odds. Broadcom faces downside risk ahead of earnings due to high AI expectations, while Apple transitions t...
Dell Technologies is set to report its fiscal Q2 2027 earnings on September 1, with analysts forecasting earnings per share around $4.88 to $4.95, more than double last year's $2.32, and revenue between $44.2 billion and $45.3 billion, up about 50%. ...
Dell Technologies shares have surged 262% year to date, driven by explosive growth in its AI server business, which generated $16.132 billion in a single quarter. Despite a recent pullback due to margin compression and market volatility, analysts rem...
