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Shares of Dell Technologies soared nearly 40% in premarket trading on Friday, after robust demand for its Nvidia-powered ‌AI servers prompted the company to raise its annual revenue ‌and profit forecasts. Dell has benefited significantly from data center investments by Alphabet and Amazon, as well as price increases and improved supply chain management. On Thursday, Dell ‌raised its annual revenue forecast ⁠to $165 billion to $169 billion from $138 billion to $142 billion, and said it now expects AI server revenue of about $60 ⁠billion in fiscal 2027, up from $50 billion.

NEW DELHI/SINGAPORE, May 29 (Reuters) - State refiner Indian Oil Corp (IOC) bought 5 million barrels of crude oil from West Africa and Middle East via a tender this week, trade sources said on Friday.

The new Fed chair intends to shake up the central bank -- but that comes with consequences for Wall Street and the bond market.

Park Aerospace Corp (PKE) showcases robust financial health and strategic alliances, despite facing supply chain issues and competitive pressures.

Yesterday’s inflation report showed the highest year-over-year reading in almost three years. Even after stripping out energy prices, core PCE is sitting at a multi-year high. But investors have still been looking through the data and leaning into the tech trade, observes Bret Kenwell, US investment analyst at eToro US.

Costco had big revenue numbers, but its profit margin compressed.

While it seems like every retail investor on the planet is going to be fighting over SpaceX shares on initial public offering (IPO) day, I believe this is a classic wait-and-see. Further, aerospace suppliers might be a better way to profit from the SpaceX IPO craze than a direct investment in ...

(Bloomberg) -- Lenovo Group Ltd. is set for its best month in more than a quarter-century, with the stock doubling in May as investor enthusiasm builds around the company’s AI-driven growth outlook.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceIran’s Khamenei Says No Going Back for Middle East Rocked by WarUS, Iran Agree to 60-Day Truce Renew

May 29 (Reuters) - Shares of Wipro rose 4.67% before the market bell on Friday, after the IT services company said it had expanded its partnership with U.S.-based software provider ServiceNow to

Snowflake Inc. (NYSE:SNOW) is one of the 11 Stocks Racking Up Monstrous Gains. Snowflake saw its share prices climb by 36.48 percent on Thursday to close at $239.20 apiece, as investors cheered the strong results of its earnings performance in the first quarter of fiscal year 2027. In an updated report, the company said that […]

Samsung Electronics on Friday said it started shipping samples of its latest high-bandwidth memory (HBM) chip to customers, pulling ahead of rivals in distributing a new version of the product critical to ‌AI data centers and sending its shares higher. Samsung said the chip uses its latest 1c DRAM process technology - sixth-generation, 10-nanometer-class DRAM - alongside Samsung's 4-nanometer foundry ​logic base die. The rollout is part of Samsung's efforts to regain momentum in the HBM market after falling behind rivals like SK Hynix and Micron in supplying advanced artificial intelligence memory chips, particularly to Nvidia.

Shares in the computer hardware maker are up 150% since President Trump’s accounts purchased more than $1 million worth.

(Bloomberg) -- Dell Technologies Inc. shares gained almost 40% in extended trading after the hardware maker gave an outlook for annual sales that far surpassed analysts’ estimates, fueled by demand for servers that power artificial intelligence work.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceIran’s Khamenei Says No Going Back for Middle Ea

(Bloomberg) -- Dell Technologies Inc. shares gained almost 40% in extended trading after the hardware maker gave an outlook for annual sales that far surpassed analysts' estimates, fueled by demand for servers that power artificial intelligence work.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekIran's Khamenei Says No Going Back for Middle East Rocked by WarCVS Returns Zepbound to Drug Plans After Lil

Jim Cramer said Costco’s muted stock reaction reflected Wall Street being overly focused on minor details, noting that analysts were ‘nit-picking.’

It's key to consider your risk tolerance before making any decisions.

Snowflake just posted one of its best quarters ever. And the market took notice. The data cloud company delivered a blockbuster first quarter for fiscal 2027 on May 27, topping expectations on revenue growth, margins, and customer additions. Snowflake (SNOW) stock jumped 38% in pre-market ...

Revenue in the fiscal year ending in January 2027 will be about $167 billion, including $60 billion from the sale of AI servers.

Best Buy Co Inc (BBY) surpasses expectations with a 2% increase in comparable sales and unveils exclusive RGB TV technology.

Memory-chip demand tied to AI infrastructure pushes Micron above the trillion-dollar threshold for the first time.

Q1 revenue exceeded analyst expectations while earnings fell short.

Company Says 'AI Opportunity Shows No Sign of Slowing'

Today, May 28, 2026, Snowflake’s surge on robust earnings and a multibillion‑dollar Amazon pact helped tech lead U.S. stocks to fresh gains.

MongoDB (MDB) delivered earnings and revenue surprises of +12.34% and +3.84%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?

Autodesk (ADSK) delivered earnings and revenue surprises of +5.28% and +2.08%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?

(Bloomberg) -- Dell Technologies Inc. shares gained more than 25% in extended trading after the hardware maker gave an outlook for annual sales that far surpassed analysts’ estimates, fueled by demand for servers that power artificial intelligence work.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekIran’s Khamenei Says No Going Back for Middle East Rocked by WarUS, Iran Agree to 60-Day Truce Renewal Pe

Investing.com -- Costco Wholesale Corp reported strong third-quarter fiscal 2026 results on Thursday, driven by robust comparable sales growth, rising membership income, and continued momentum in e-commerce operations.

A $6 billion AWS deal and stronger forecast helped reset investor sentiment.

MongoDB stock rises after the software company reported better-than-expected earnings and raised its full-fiscal year profit outlook.

(Bloomberg) -- Apollo Global Management Inc. and Blackstone Inc. are working to bring additional investors into a roughly $36 billion debt financing deal to help Anthropic PBC build out its AI infrastructure. Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekIran’s Khamenei Says No Going Back for Middle East Rocked by WarUS, Iran Agree to 60-Day Truce Renewal Pending Trump SignoffOura Ring 5 Is 40% Smalle