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Dell, JPMorgan and Merck hit all-time highs on Thursday. Michael Dell's wealth surged, making him the fifth richest person globally.
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Read original at benzingaDell Technologies is positioned for strong earnings growth driven by surging AI infrastructure demand. The company achieved record Q1 revenue of $43.8 billion (88% YoY growth) and holds a record $51.3 billion AI server backlog. With hyperscalers like Meta and Microsoft spending heavily on data centers, Dell's Q2 earnings announcement on Sept. 1 could exceed guidance, potentially driving the stock higher.
Read original at the-motley-foolDell Technologies shares are in focus Thursday with earnings due, analyst activity, 200‑day average nearly 95% above trend and Edge Rankings.
Read original at benzinga