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Dell shares jump 11% to all-time high on RBC Outperform initiation
Proactive10d agobullish
Dell shares jump 11% to all-time high on RBC Outperform initiation

Dell Technologies Inc (NASDAQ:DELL) shares hit an all-time high above $562, up 11% on Friday after RBC Capital Markets initiated coverage with an Outperform rating and a $640 price target. RBC's initiation cited enterprise demand for AI investments, compute modernization, storage expansion...

All Sectors Are Participating in Today's Stock Rally
Barrons.com10d agobullish
All Sectors Are Participating in Today's Stock Rally

All sectors in the S&P 500 were trading in the green as an everything rally took hold of Wall Street. The S&P 500 was up 1%. The tech-heavy Nasdaq climbed 1.1%. The Dow rose 0.9%, or 458 points. Today would mark the fifth time all 11 S&P 500 sectors rose in a day, according to Dow Jones Market Data.

Alphabet vs. Meta: One Magnificent Seven Stock Is the Better Buy
24/7 Wall St.10d agobullish
Alphabet vs. Meta: One Magnificent Seven Stock Is the Better Buy

Alphabet and Meta both dropped Q2 earnings within days of each other, but the results sent these two AI giants down sharply different paths. One trades at a discount despite explosive cloud growth, while the other faces a balance sheet doing heavier lifting than investors may realize.

Gold Miner's Luster Lures Funds; Stock Trades Around Buy Point
Investor's Business Daily10d agobullish
Gold Miner's Luster Lures Funds; Stock Trades Around Buy Point

Oil-driven inflation hurts wallets, but it can also be a strong catalyst for other commodity markets. Wheaton Precious Metals is among the gold miners reaching a buy point ahead of the Federal Reserve's September rate-setting meeting. The stock is part of Investor's Business Daily's most stringently selected list, sector leaders.

GameStop CEO Cohen Buys $20 Million in Stock. Wall Street Doesn’t Blink.
Barrons.com10d agobullish
GameStop CEO Cohen Buys $20 Million in Stock. Wall Street Doesn’t Blink.

GameStop CEO Ryan Cohen dropped another $20 million of his own cash on the company’s stock, but Wall Street barely blinked. A filing with the Securities and Exchange Commission shows Cohen purchased 1 million shares at prices ranging from $20.02 to $20.47 on Thursday. The purchase brings Cohen’s direct holdings to 39.3 million shares, representing 7.8% of GameStop’s 504.5 million shares outstanding.

Stocks Shake Off CPI Report and Rally on Lower Oil Prices
Barchart10d agobullish
Stocks Shake Off CPI Report and Rally on Lower Oil Prices

The S&P 500 Index ($SPX ) (SPY ) is up +0.87%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.97%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.77%. E-mini S&P futures (ESU26 ) are up +1.01%, and September E-mini Nasdaq futures (NQU26 )...