Dell Boosts Profit Forecast on AI Server Demand Surge

Published 2 days agoDELL

Dell Boosts Profit Forecast on AI Server Demand Surge

Dell Technologies has increased its full-year profit forecast, driven by robust demand for its AI-powered servers using Nvidia chips. The company now anticipates adjusted annual earnings of $9.40 per share, edging up from a prior estimate of $9.30, according to Reuters.

Supporting this outlook, Dell reported securing $12.1 billion in AI orders in the recent quarter, surpassing the total AI-related shipments anticipated for fiscal year 2025. Additionally, the company noted a substantial $14.4 billion backlog. Looking ahead, Dell expects second-quarter revenue to be between $28.5 billion and $29.5 billion, along with an anticipated adjusted profit of $2.25 per share, exceeding analyst projections.

Dell's recent updates show a strong first-quarter performance, with revenue rising to $23.38 billion, slightly above expectations. The company's infrastructure and client solutions groups saw notable revenue growth of 12% and 5%, respectively. Following these developments, Dell's shares climbed 10% in after-hours trading, highlighting the market's positive reception to its strategic focus on AI technologies.

Share this article

Twitter Facebook LinkedIn

Recent Articles

Trump Administration Halts $3.7 Billion in Clean Energy Projects

Trump Administration Halts $3.7 Billion in Clean Energy Projects

22 minutes agoXOM

The Trump administration has withdrawn over $3.7 billion in grants previously allocated for clean energy initiatives. This decisive action by the U.S. Department of Energy affects 24 projects, including a notable emissions reduction effort at Exxon Mobil's Baytown refinery in Texas. Each of these projects was set to advance carbon capture, cleaner industrial technologies, and emissions reductions but will now come to a halt. One of the impacted projects at the Baytown refinery involved a $332 million investment towards hydrogen-based technology aimed at decreasing emissions. As Reuters highlighted, this initiative was part of a broader drive to enhance the refinery's environmental footprint. However, it is now among those eliminated, reflecting a significant shift from prior climate and environmental plans. Energy Secretary Chris Wright explained that the decision to cancel these projects is in line with a broader fiscal efficiency initiative. This approach, according to the administration, serves national security and energy reliability goals. Despite this rationale, the move has faced criticism from those who argue it could harm U.S. competitiveness in clean technology markets and increase pollution levels, as noted by AP News. This policy change forms part of a larger reevaluation of $15 billion in clean energy projects linked to the 2021 infrastructure law, indicating a strategic pivot towards fossil fuel development.

Tesla's Stock Eyes Gains Amid Tariff Policy Shifts

Tesla's Stock Eyes Gains Amid Tariff Policy Shifts

1 hours agoTSLA

A significant court ruling has impacted the financial markets by striking down most of former President Donald Trump's widespread tariffs. As reported by Reuters, these changes exclude tariffs on automobiles, steel, and aluminum, but the overall positive sentiment following this ruling contributed to an uptick in major stock indices. This decision reassured investors who had been wary of the economic impacts of protectionist trade policies. In recent days, Tesla's stock has experienced notable fluctuations. On May 29, 2025, Tesla shares increased by over 2% after CEO Elon Musk announced his decision to distance himself from the Trump administration. This move was perceived positively by investors, who are hopeful that Musk's renewed focus on Tesla could benefit the automaker. However, earlier in the year, on April 2, the company's stock had fallen nearly 4% in premarket trading after reporting lower-than-expected vehicle deliveries for the first quarter, amid concerns about new tariffs. The introduction of a 25% tariff on foreign-made vehicles and certain auto parts by President Trump earlier in March caused significant drops in automaker shares, with Tesla experiencing a 0.4% decline on March 27, 2025. These developments exemplify how Tesla and similarly positioned companies remain sensitive to the fluctuating landscape of international trade policies, which continue to influence investor confidence and stock performance.

Palantir Sees Stock Uptick Amid U.S. Tariff Changes

Palantir Sees Stock Uptick Amid U.S. Tariff Changes

1 hours agoPLTR

Palantir Technologies Inc. has seen a notable increase in its stock price, reaching $131.78 USD, following changes in U.S. trade policies. The stock closed with a gain of 9.525 (0.07787%) after opening at $123.50 USD. Intraday trading saw the stock range between a high of $131.88 USD and a low of $121.57 USD with a substantial trading volume of 185,897,579 shares. This stock movement coincided with President Donald Trump’s announcement of plans to double tariffs on imported steel and aluminum from 25% to 50%, effective June 4, 2025. Reuters reported this measure aims to strengthen the U.S. steel industry, though it has prompted concerns about its broader economic impact. As a result, related market movements included a 26% surge in Cleveland-Cliffs Inc.'s shares, reflecting investor interest in domestic steel producers amid the tariff changes. Given Palantir's involvement in providing data analytics and software to government clients, its operations could be sensitive to shifts in government policy and spending driven by such tariffs. As these developments unfold, market volatility remains a factor for technology stocks like Palantir, emphasizing the importance of closely watching trade policy impacts.

Alphabet's Stock Decline Sparks Investment Debate

Alphabet's Stock Decline Sparks Investment Debate

2 hours agoGOOGL

Alphabet Inc.'s stock has recently dropped about 16%, leading to a debate among investors over whether this provides a good buying opportunity. As of May 31, 2025, Alphabet (GOOGL) is trading at $171.74 with a market cap of $1.88 trillion and a P/E ratio of 16.91. Several factors have contributed to this decline. Antitrust concerns are mounting, with potential legal actions that could impact operations. The rise of AI-powered search tools like OpenAI's SearchGPT is challenging Google's dominance in search, and slower-than-expected growth in Google Cloud has raised questions about their cloud strategy. Despite these issues, Alphabet reported a 12% year-over-year revenue increase for Q1 2025, fueled by Google Search, YouTube, and Google Cloud. Alphabet's strategic focus includes significant AI investments, with plans to spend $75 billion on data centers and AI infrastructure in 2025. While some analysts see the price drop as a buying opportunity due to strong fundamentals and growth prospects, concerns about regulatory impacts and competition from AI advancements remain. Reuters noted that the stock's current P/E ratio of 16.91, lower than some tech peers, might indicate potential undervaluation, signifying important considerations for investors.