Dell surges 11% on optimism it has secured big AI server orders
Publishing timestamp: 2024-05-15 16:19:28
Summary
Dell shares rose 11% to all-time high after Morgan Stanley predicted strong sales from AI servers, built around Nvidia's chips. Dell expected to announce earnings on May 30. Analysts bullish on PC market recovery and potential boost from Microsoft's new capabilities. Other companies discussed include Alphabet, Chinese EV maker, and Berkshire Hathaway's stock portfolio. Inflation eased in April.
Sentiment: POSITIVE
Tickers: GOOG, NVDA, META, HPE, DELL, SMCI, GOOGL, BRK.A,
Keywords: alphabet class c, dell technologies inc, alphabet inc, breaking news: technology, hewlett packard enterprise co, nvidia corp, technology, business, business news, meta platforms inc, michael dell, mobile, super micro computer inc,