Dell Technologies saw a remarkable surge of over 18% in after-hours trading following the release of its fourth-quarter results, surpassing analysts’ expectations on both revenue and earnings. Adjusted earnings per share stood at $2.20, exceeding LSEG’s forecast of $1.73, while revenue reached $22.32 billion, topping LSEG’s estimate of $22.16 billion. Despite a decline in fourth-quarter revenue by 11% compared to the previous year, Dell reported a substantial increase in net income, reaching $1.16 billion, marking an 89% rise from the same period last year.
Microsoft Invests $60 Million to Accelerate AI Research for U.S. Energy Initiative
New funding and SPARK program aim to advance scientific discovery, national security, and next-generation innovation Microsoft (MSFT) has announced a...
