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%, indicating strong market breadth and resilience. Key tech stocks like Dell, HP, and Qualcomm surged on robust AI hardware sales and optimistic guidance, while cautious outlooks from Take-Two tempered some enthusiasm. Investors will watch upcoming economic data, Treasury yields, and corporate earnings to gauge if the rally can continue into June.
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...
Carahsoft Canada Inc. and over 10 technology partners will exhibit advanced defense and security solutions at CANSEC 2026, Canada's premier defense event held May 27-28 in Ottawa. The event gathers military, government, and industry leaders to explor...
