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Dell Technologies (DELL) Climbs 9.3% on Booming Demand for Nvidia-Powered AI Servers
Insider Monkey29d agobullish
Dell Technologies (DELL) Climbs 9.3% on Booming Demand for Nvidia-Powered AI Servers

Dell Technologies (NYSE:DELL) surged by 9.32 percent on Wednesday to finish at $441.80 apiece as investors drew encouragement from the surging demand for AI servers using Nvidia chips. The stock rallied alongside its counterparts, Super Micro Computer (SMCI) and Hewlett Packard Enterprises, helped buoyed by SMCI’s record backlog of $60 billion in the fourth quarter […]

Tesla’s $5.8 Billion in Spending Turns Cash Flow Negative Despite Revenue Surge
The Wall Street Journal30d agobullish
Tesla’s $5.8 Billion in Spending Turns Cash Flow Negative Despite Revenue Surge

With its eye on an AI- and robotics-driven future, automaker Tesla boosted its spending to $5.8 billion in the second quarter, sending its free cash flow into the red for the first time in two years despite a surge in revenue. “This is a massive cap ex year, but I’m confident all the things we’re investing in will yield incredible returns,” Chief Executive Elon Musk told investors on a call Wednesday. Tesla reported negative free cash flow of $1.1 billion in the second quarter, while its net income fell 5%.

S&P 500 Stock Rockets Late On Earnings As Google Boosts Capex
Investor's Business Daily30d agobullish
S&P 500 Stock Rockets Late On Earnings As Google Boosts Capex

S&P 500 member United Rentals soared on stronger-than-forecast Q2 results after Wednesday's close as Google got a late-day haircut. AI data center construction has helped supercharge earnings for URI, which provides a one-stop shop for large construction projects. Google's plan to keep boosting capital spending suggests the demand environment for heavy machinery will keep shining, even as it may slow the pay-off for AI hyperscalers.

AMD (AMD) Lands $5 Billion Anthropic Partnership For AI Chips
Simply Wall St.30d agobullish
AMD (AMD) Lands $5 Billion Anthropic Partnership For AI Chips

AMD and Anthropic announced a multi year AI chip partnership valued at up to $5b. Anthropic plans to deploy up to 2 gigawatts of AMD GPUs using Helios rack scale solutions. The companies will co engineer to optimize Claude AI workloads on AMD accelerators. AMD will make a substantial investment in Anthropic as part of the agreement. Advanced Micro Devices, NasdaqGS:AMD, is moving deeper into AI infrastructure through this large collaboration with Anthropic. The deal arrives with the stock...

Tesla’s (NASDAQ:TSLA) Q2 CY2026: Beats On Revenue
StockStory30d agobullish
Tesla’s (NASDAQ:TSLA) Q2 CY2026: Beats On Revenue

Electric vehicle pioneer Tesla (NASDAQ:TSLA) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 25.5% year on year to $28.24 billion. Its non-GAAP profit of $0.33 per share was 39.1% below analysts’ consensus estimates.

Investing.com30d agobullish
ServiceNow rallies after Q2 beat, lifts annual outlook on AI demand

Investing.com -- ServiceNow shares rose about 4.5% in extended trading on Wednesday after the enterprise software company reported second-quarter results that topped Wall Street estimates and raised its full-year subscription revenue outlook, buoyed by strong enterprise demand for its artificial intelligence offerings and continued momentum across its software platform. .