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Dell Technologies stock was rising again on Tuesday, putting the PC and server maker on track to lock in its longest winning streak in more than eight years. The stock has been on a tear lately, surging thanks to stellar first-quarter earnings and a new laptop to compete with Apple latest hardware. Dell has closed higher for eight sessions in a row, surging 98% over that period.
June 2 (Reuters) - The S&P 500 and the Nasdaq 100 futures edged lower on Tuesday after hitting a series of record highs, while blowout results from Hewlett Packard Enterprise and a funding commitment
The world’s only $5 trillion company can sell the concept that AI computing won’t be confined to data centers.
Hewlett Packard Enterprise stock soared after the information technology company reported better-than-expected financial results and raised its fiscal year outlook as artificial intelligence demand continues to benefit growth. HPE’s earnings follow strong financial results from peer Dell Technologies proving yet again that demand for servers is strong as customers buy up the hardware needed to power AI. Dell reported much better-than-expected financial results for its first-quarter and boosted its revenue outlook for the fiscal year on May 28.
Hewlett Packard Enterprise shares rallied nearly 29% in premarket trade on Tuesday, as investors cheered the AI server maker pulling forward its long-term financial targets by two years, buoyed by strong AI infrastructure demand. HPE, which competes with Dell Technologies and Super Micro Computer in enterprise servers, is seeing sustained demand as large enterprises bring forward purchases to avoid supply risks amid surging memory chip prices. Hyperscalers including Alphabet and Amazon are set to spend more than $700 billion on AI infrastructure this year, likely boosting demand for HPE's server and networking products.
MSFT is benefiting from AI momentum, Copilot adoption and accelerating Azure growth, even as capacity constraints persist.
A number of stocks jumped in the afternoon session after software stocks extended their rally, carrying momentum from one of the sharpest sector reversals of 2026.
Chip stocks, led by Intel and Qualcomm fell sharply, while PC stocks, led by Dell Technologies and HP jumped. A new kind of PC, even one armed with an Nvidia chip, will be an uphill climb. Amid a memory shortage, it could hardly be a worse moment to be launching a new PC platform.
We recently published Jim Cramer Warned About Market Manipulation & Discussed These 22 Stocks. Dell Technologies Inc. (NYSE:DELL) is one of the stocks discussed by Jim Cramer. Computer hardware firm Dell Technologies Inc. (NYSE:DELL) was in the news earlier this week after its latest financial results saw the firm post meteoric revenue and net income […]
A number of stocks jumped in the afternoon session after software stocks extended their rally, carrying momentum from one of the sharpest sector reversals of 2026.
We recently published Jim Cramer Warned About Market Manipulation & Discussed These 22 Stocks. Hewlett Packard Enterprise Company (NYSE:HPE) is one of the stocks discussed by Jim Cramer. Enterprise hardware firm Hewlett Packard Enterprise Company (NYSE:HPE)’s shares are up by 149% over the past year and by 78% year-to-date. JPMorgan discussed the firm on May […]
We recently published Jim Cramer Warned About Market Manipulation & Discussed These 22 Stocks. Super Micro Computer Inc. (NASDAQ:SMCI) is one of the stocks discussed by Jim Cramer. Server hardware firm Super Micro Computer Inc. (NASDAQ:SMCI)’s shares are up by 48% year-to-date and by 15% over the year. Recently, the firm is once again under […]
We recently published Jim Cramer Warned About Market Manipulation & Discussed These 22 Stocks. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks discussed by Jim Cramer. AI GPU giant NVIDIA Corporation (NASDAQ:NVDA) is one of Jim Cramer’s favorite stocks even though the shares have remained lackluster this year. Year-to-date, the stock is up by a […]
Shares of creative software giant Adobe (NASDAQ:ADBE) jumped 5.8% in the afternoon session after software stocks extended their rally, carrying momentum from one of the sharpest sector reversals of 2026.
Qualcomm Inc. (NASDAQ:QCOM) is one of the 10 Stocks Entering June in the Wrong Direction. Qualcomm snapped a two-day winning streak on Monday, shedding 8.78 percent to finish at $228.99 apiece, as investors resorted to profit-taking following the previous trading day’s record high, while digesting the impact of Nvidia Corp.’s foray into the devices market. […]
A number of stocks jumped in the afternoon session after software stocks extended their rally, carrying momentum from one of the sharpest sector reversals of 2026.
A number of stocks jumped in the afternoon session after software stocks extended their rally, carrying momentum from one of the sharpest sector reversals of 2026.
A number of stocks jumped in the afternoon session after software stocks extended their rally, carrying momentum from one of the sharpest sector reversals of 2026.
A number of stocks jumped in the afternoon session after software stocks extended their rally, carrying momentum from one of the sharpest sector reversals of 2026.
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 6.3% in the afternoon session after over 150 million shares traded hands (well above average) as CEO Jensen Huang's keynote at Computex in Taipei delivered two major announcements.
Shares of enterprise technology company Hewlett Packard Enterprise (NYSE:HPE) jumped 9.4% in the afternoon session after the company benefited from a sector-wide rally in artificial intelligence (AI) server stocks and announced a new server designed for AI workloads.
HPE stock was poised to open sharply higher on Tuesday after a blowout quarter for the maker of servers and networking products.
Nvidia and Microsoft have launched the RTX Spark AI superchip for Windows PCs, targeting AI powered personal computing. Spark enabled Windows devices from Microsoft, Dell, HP, Lenovo and others are expected to arrive this fall. The partnership aims to support local AI, personal agents running directly on devices, and new security features. For investors watching NasdaqGS:MSFT, the RTX Spark launch adds a fresh angle to the Windows story by linking the operating system directly to on device...
Nvidia (NasdaqGS:NVDA) announced the RTX Spark superchip platform for Windows PCs and the Vera CPU for data centers, expanding into CPU markets that have traditionally centered on other large chip suppliers. The company introduced open source physical AI tools and agentic AI platforms, including Agent Toolkit, Cosmos, Alpamayo, Isaac Groot for robotics, and Vera Rubin for AI factories. Nvidia also disclosed new partnerships with Microsoft, MediaTek, Dell, TSMC, Uber, VinFast, and Foxconn,...
Shares of enterprise workflow automation company ServiceNow (NYSE:NOW) jumped 9.4% in the afternoon session after it continued to rally extending double digit gains from the previous session, which was driven by two forces: Snowflake's blowout Q1 results showing enterprise AI adoption is accelerating rather than disrupting software demand, and Dell's confirmation that enterprises are committing to full-stack AI infrastructure at a scale nobody had modelled.
Shares of wireless chipmaker Qualcomm (NASDAQ:QCOM) fell 7.7% in the afternoon session after competitor Nvidia unveiled its new RTX Spark superchip, a powerful processor for Windows PCs that directly challenges Qualcomm's Snapdragon series.
Shares of computer hardware and IT solutions company Dell (NYSE:DELL) jumped 9.5% in the afternoon session after it continued a rally from the previous trading session as the company posted record-breaking fiscal first-quarter results driven by surging demand for its artificial intelligence (AI) servers.
If Nvidia has cracked a way to bring AI agents easily, safely and usefully to the masses, it could — and should — be big.
If Dell Technologies’ latest earnings call is any indication, companies are rushing to lock in AI server capacity much like consumers rushed to stock up on toilet paper during the early days of the pandemic — securing supply now before...
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