Reported 1 day ago
Dell Technologies reported stronger-than-expected Q2 revenue amidst mixed first-quarter results, surpassing Wall Street's revenue estimates of $25.35 billion by projecting $28.5 to $29.5 billion. The company's server and networking business thrived, fueled by increasing AI server demand, while consumer revenue saw a decline. Following the announcement, Dell's stock jumped over 7% in after-hours trading.
Source: YAHOO