Dow Jones Today: Dell Soars on AI Demand; NYCB Sinks on CEO Shake-Up
Dell Technologies(DELL) Investopedia·2024-03-01 14:10
Stock futures were little changed in premarket trading on Friday as Dell (DELL) stock surged on demand for AI servers and New York Community Bank (NYCB) tumbled after replacing its CEO amid concerns about its loan portfolio. Dell said AI-optimized server orders jumped nearly 40% in the fourth quarter, highlighting the computing pioneer's opportunity to gain from artificial intelligence investment. New York Community Bank delayed a regulatory filing, citing an assessment that found "material weaknesses in t ...