Dell surges 9% after lifting fiscal 2027 forecast on AI server strength
Dell Technologies shares moved 9% higher in extended trading on Tuesday after the computer maker reported results and a forecast that easily cleared Wall Street expectations.Here's how the company did relative to LSEG consensus:Earnings per share: $7.04 adjusted vs. $4.92 expectedRevenue: $46.97 billion vs. $44.92 billion expectedRevenue came in higher than every estimate, growing about 58% year over year for the fiscal second quarter, which ended on July 31, according to a statement. Net income...
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