The Dow Jones reached a record high of 50,579.70 while the S&P 500 logged its eighth consecutive weekly gain despite consumer sentiment hitting a record low. Brent crude oil remains above $103 per barrel due to supply risks around the Strait of Hormuz, affecting about 14 million barrels per day. Federal Reserve Governor Chris Waller called rate-cut speculation "crazy," signaling a less dovish stance as new Fed Chair Kevin Warsh takes over. Meanwhile, AI-related stocks like Dell and HP surged, and SpaceX filed for an IPO, highlighting key market movers ahead of a busy earnings week.
The S&P 500 marked its eighth consecutive weekly gain, driven by broad sector participation including healthcare, consumer cyclicals, and technology. This rally is notable given rising oil prices near $97 and stable 10-year Treasury yields around 5%,...
This week, investors focus on key inflation data with Thursday's core PCE price index report, the Fed's preferred inflation gauge, expected at 3.3%, influencing rate decisions under new Fed Chair Kevin Warsh. A series of Federal Reserve speeches will...
Dell Technologies' stock surged nearly 17% recently, driven by explosive demand for AI-optimized servers and infrastructure, pushing its year-to-date rally to 130%. The company reported a record $43 billion AI server backlog for fiscal 2026 and a 342...
Dell Technologies shares rose sharply as analysts anticipate the company's fiscal first-quarter earnings report on May 28 to surpass Wall Street expectations. The positive sentiment is driven by hopes that Dell will raise its full-year financial guid...
Dell Technologies shares surged 15% amid a broad rally in AI server stocks, driven by expectations of a strong fiscal Q1 2027 earnings report on May 28. Analysts predict Dell will beat revenue and EPS estimates and raise full-year guidance, supported...
