Dell Technologies Increases AI Server Revenue by 757% - Stock Rises 40%!

Dell Technologies (DELL) recorded an increase of over 150% as of the market close on Thursday (May 28) in the current calendar year, compared to a rise of about 10% in the broad S&P 500. After hours, the results for the first quarter of fiscal year 2027 caused another surge in the stock price of around 40%. Revenue rose year-over-year by nearly 88% to $43.8 billion (consensus: $35.8 billion), marking the highest quarterly growth since the last IPO in 2018. In the preceding fourth quarter, growth was still about 40%. The net income per share...