Why Dell Technologies Stock Rallied Today
Dell provided investors with what they wanted to hear regarding guidance.Dell Technologies (DELL +6.91%) stock has been declining over the last month as investors have become skeptical of the artificial intelligence (AI) sector. The AI server provider mostly dispelled those fears with its earnings announcement last night, however. Shares jumped in response. As of 11:25 a.m. ET, Dell stock had rallied 5.8% even after its fiscal 2026 third-quarter revenue slightly missed analyst estimates. That's because the ...