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.
Tech Giants Maintain AI Partnerships With Anthropic Despite Pentagon Blacklist
Google, Microsoft, and Amazon continue offering Claude models for commercial use while defense restrictions trigger legal challenge Major cloud providers...
