Justin Sullivan/Getty Images News Dell Technologies ( DELL ) delivered a historic fiscal first quarter , with revenue surging 88% year-over-year to $43.84B and non-GAAP EPS of $4.86—crushing the $2.90 consensus estimate by nearly $2. The company’s AI server business exploded, with revenue hitting $16.1B for the quarter, up 757% year-over-year, prompting management to raise full-year AI server reve...
Justin Sullivan/Getty Images News Dell Technologies ( DELL ) delivered a historic fiscal first quarter , with revenue surging 88% year-over-year to $43.84B and non-GAAP EPS of $4.86—crushing the $2.90 consensus estimate by nearly $2. The company’s AI server business exploded, with revenue hitting $16.1B for the quarter, up 757% year-over-year, prompting management to raise full-year AI server revenue guidance to $60B. Despite the blowout quarter and a $27B guidance raise in a single quarter, analyst sentiment remains decidedly split between those chasing the AI infrastructure momentum and those warning of overextended valuations after a 38% post-earnings rally. What Do Seeking Alpha Analysts Say About Dell’s Future? Bullish investors pointed to the “insatiable” demand for AI infrastructure, with Dell’s backlog climbing to $51.3B and a pipeline that management described as “multiples” of the backlog. The company is positioning itself as an “AI factory” builder, offering integrated rack solutions, liquid cooling, and full-stack deployment capabilities. Additionally, bulls highlighted that a PC refresh cycle and easing memory costs should help recover gross margins toward 20% levels within a couple of quarters. Pessimists, however, highlighted concerns about “FOMO” and emotional trading driving the price too high too fast. Gross margin contraction—falling to 17.7% in Q1—reflects the lower-margin AI server mix weighing on profitability. Supply-side constraints in DRAM, NAND, and CPUs were flagged as potential limiters on second-half growth. Technical indicators also show the stock trading approximately 180% above its 200-day moving average, an “incredibly stretched” level that suggests consolidation is likely. Here’s a breakdown of what some analysts had to say: Hunting Alphas, Rating: Buy: “The market is not fully pricing in the insatiable demand for AI servers… Dell’s pipeline continued to grow sequentially and remains multiples of our backlog even after converting $2...
We Are Central banks are increasingly allocating foreign exchange reserves to smaller currencies rather than traditional alternatives to the U.S. dollar, according to a recent Financial Times analysis of International Monetary Fund data. The IMF's latest Currency Composition of Official Foreign Exchange Reserves report showed that the “other currencies” category accounted for 6.13% of global reser...
We Are Central banks are increasingly allocating foreign exchange reserves to smaller currencies rather than traditional alternatives to the U.S. dollar, according to a recent Financial Times analysis of International Monetary Fund data. The IMF's latest Currency Composition of Official Foreign Exchange Reserves report showed that the “other currencies” category accounted for 6.13% of global reserves, or roughly $805B. The category has grown by about $550B since 2020 and now exceeds both the Japanese yen and British pound in reserve holdings. The trend suggests that reserve managers are diversifying beyond major currencies such as the euro, yen, and Chinese renminbi. The renminbi, once viewed as a potential challenger to the dollar, has seen its share of reserves largely stagnate recently, according to the report. Because the IMF does not disclose which currencies make up the “other currencies” category, analysts have sought to estimate the composition. The FT cited Wells Fargo strategist Erik Nelson, who argued that the Singapore dollar has likely emerged as the largest component. Singapore's strong fiscal position, highly rated sovereign credit profile, and deep bond market have made its assets attractive to reserve managers. The city-state has also increased green bond issuance, providing additional investment opportunities for central banks. The report noted that other currencies, including the South Korean won, Swedish krona, Norwegian krone, and New Zealand dollar, may also be benefiting from reserve diversification. Rather than replacing the dollar with another dominant reserve currency, central banks appear to be spreading holdings across a broader range of smaller, high-quality markets, reflecting a gradual shift in global reserve management. Financial Times More related stories Softer Oil, Softer Greenback War And New Tariff Threat Strengthen The Dollar May Euro Area Inflation: Core Inflation Reaccelerates European indexes rebound on prospects of Iran deal...
The cancellation of Cenk Uygur’s and Hasan Piker’s visas tells us that the home secretary’s powers to police speech are too broad In August 1967, the activist Stokely Carmichael was banned from entering Britain. An ally of Martin Luther King Jr and head of the Student Nonviolent Coordinating Committee, Carmichael was banned because that July he had visited London and given a rousing, militant spee...
The cancellation of Cenk Uygur’s and Hasan Piker’s visas tells us that the home secretary’s powers to police speech are too broad In August 1967, the activist Stokely Carmichael was banned from entering Britain. An ally of Martin Luther King Jr and head of the Student Nonviolent Coordinating Committee, Carmichael was banned because that July he had visited London and given a rousing, militant speech about racism and black power at a leftwing festival in Camden alongside counterculture figures including the poet Allen Ginsberg and the philosopher Herbert Marcuse. In the Commons, the Tory MP Patrick Wall – a member of the Monday Club, a pressure group that called for the “voluntary” repatriation of black people from Britain – claimed that Carmichael (later known as Kwame Ture) had been in Britain advocating racial violence. Wall asked Labour home secretary Roy Jenkins to rescind Carmichael’s visa. Jenkins agreed to do so. In retrospect, that decision – by a home secretary usually remembered as a liberal reformer – comes across as an act of petty authoritarianism, a more conservative generation trying to stop the circulation of subversive ideas associated with the 1960s left that it feared. DK Renton is a barrister and the author of No Free Speech for Fascists: Exploring ‘No Platform’ in History, Law and Politics Continue reading...
British driver ‘didn’t lose sleep’ over Canada setback Russell says he will not change approach in Monaco George Russell remains confident in his world championship ambitions despite taking a serious blow with a mechanical failure at the last round in Canada. In Monaco, the British driver insisted that he felt no pressure, with the Formula One title his rival and teammate Kimi Antonelli’s to lose....
British driver ‘didn’t lose sleep’ over Canada setback Russell says he will not change approach in Monaco George Russell remains confident in his world championship ambitions despite taking a serious blow with a mechanical failure at the last round in Canada. In Monaco, the British driver insisted that he felt no pressure, with the Formula One title his rival and teammate Kimi Antonelli’s to lose. Russell suffered a battery failure while leading in Montreal, after taking pole position and having enjoyed a hard-fought contest for the race lead that ebbed and flowed with his teammate. With Antonelli going on to win he extended his lead in the world championship to 43 points. The 19-year-old Italian has now won four races in a row to establish a strong advantage, although 17 rounds remain including this weekend’s meeting in Monaco. Continue reading...
Here are the companies making headlines in midday trading. Alnylam Pharmaceuticals – Shares advanced 4% after Alnylam announced a strategic artificial intelligence collaboration with Inceptive Nucleics, valued at up to $2 billion. In the partnership Alnylam plans to use Inceptive's generative AI models to aid its discovery of RNA interference therapeutics. Blackstone – The asset manager jumped 8% ...
Here are the companies making headlines in midday trading. Alnylam Pharmaceuticals – Shares advanced 4% after Alnylam announced a strategic artificial intelligence collaboration with Inceptive Nucleics, valued at up to $2 billion. In the partnership Alnylam plans to use Inceptive's generative AI models to aid its discovery of RNA interference therapeutics. Blackstone – The asset manager jumped 8% as investors seemed to shake off news that the firm is limiting withdrawals from the Blackstone Private Credit fund after a pickup in investor redemption requests. The stock is now on track to snap a three-day string of losses. Fellow asset managers Ares Management and KKR each saw shares gain 6% in sympathy. Humana – Shares of the health insurer rose more than 6%. Morgan Stanley raised its price target on Humana to $249 per share, suggesting roughly 24% downside from Wednesday's close. Still, that compares to an anticipated decline of nearly 34% based on the earlier price target of $217 a share. Morgan Stanley stuck with its underweight rating on shares. Broadcom — Shares tumbled nearly 15% after the chipmaker reported fiscal second-quarter revenue of $22.19 billion, short of the $22.27 billion expected from analysts polled by LSEG. Broadcom CEO Hock Tan reiterated the company's fiscal year 2027 revenue guidance for AI chips to be "in excess of $100 billion." Semiconductor stocks — Shares of artificial-intelligence semiconductor companies slid following Broadcom's results. Micron Technology slipped almost 7%. Intel shed 2% and Advanced Micro Devices lost 4%. Arm Holdings was last down almost 5%. Five Below — The discount retailer fell 13%, as the company provided a better-than-expected outlook. Second-quarter revenue is expected to range from $1.18 billion to $1.2 billion, versus the StreetAccount estimate of $1.15 billion. Same-store sales for the period are expected to grow 7% to 9%, versus 4.4% consensus. Petco — Shares of the pet retailer dropped roughly 8% after Petco...
There is no denying that waking up Thursday morning to the post-earnings declines in CrowdStrike and Broadcom is painful. It was also painful to see a similar sell-off in Palo Alto Networks in the prior session. In fact, Palo Alto stock is now riding a three-session losing streak. Ultimately, all three companies reported solid quarterly results and forward guidance, and Wall Street analysts largel...
There is no denying that waking up Thursday morning to the post-earnings declines in CrowdStrike and Broadcom is painful. It was also painful to see a similar sell-off in Palo Alto Networks in the prior session. In fact, Palo Alto stock is now riding a three-session losing streak. Ultimately, all three companies reported solid quarterly results and forward guidance, and Wall Street analysts largely increased their price targets. We did, too. However, all three ran hot into their prints, and "solid" was not nearly good enough to meet the lofty expectations of an investor base that is looking for the next Snowflake, Hewlett Packard Enterprise or Dell , all of which exploded to the upside after their guides crushed estimates. What gives? We need to put these moves in context. Think back to the end of May, when Snowflake reported its quarter. Shares of the data storage and analytics provider rocketed to the upside, more than 36% on May 28, and kicked off an enterprise software rally that saw buyers rush into the IGV, the expanded tech-software ETF . The next day, Dell guided way above expectations and saw its stock rip nearly 33% higher. Fast forward to Tuesday, and HPE, like Dell, shot higher by more than 19% on a very strong guidance raise. So, what does that get us? The answer is momentum — a market driven more by "animal spirits" than anything else, especially when it comes to AI. In a market like that, it's important to keep moves like we're seeing Thursday morning in context. Consider this: At the close on May 27, just moments before Snowflake reported its quarter that would spark the rally that ignited our stocks right into their own quarterly releases, Palo Alto Networks shares were priced at $248 each, with CrowdStrike at $645 and Broadcom at $421. All three closed at record highs this week. Based on Thursday afternoon trading, Palo Alto Networks is still up 9.3% since May 27 (based on a $271 share price), with CrowdStrike still up 7.8% (at $695 per share). Bro...
Taiwan Semiconductor Manufacturing (NYSE:TSM) and Micron Technology (NASDAQ:MU) sit at two different floors of the same AI building. TSMC fabricates the logic chips that power Nvidia, AMD, and Apple. Micron supplies the HBM memory those accelerators cannot run without. Both just delivered blowout numbers, and the contrast between a foundry behemoth and a pure-play memory ... Got $10,000? TSM vs Mi...
Taiwan Semiconductor Manufacturing (NYSE:TSM) and Micron Technology (NASDAQ:MU) sit at two different floors of the same AI building. TSMC fabricates the logic chips that power Nvidia, AMD, and Apple. Micron supplies the HBM memory those accelerators cannot run without. Both just delivered blowout numbers, and the contrast between a foundry behemoth and a pure-play memory ... Got $10,000? TSM vs Micron: The Better Buy in 2026
Enterprise cybersecurity budgets are on track to reach $215 billion in 2026, according to Gartner, as AI-powered phishing, prompt-injection attacks against language models, and tighter CISA disclosure rules push security spending higher across every industry. For investors who want broad exposure without picking individual winners between endpoint, network, identity, and cloud security vendors, th...
Enterprise cybersecurity budgets are on track to reach $215 billion in 2026, according to Gartner, as AI-powered phishing, prompt-injection attacks against language models, and tighter CISA disclosure rules push security spending higher across every industry. For investors who want broad exposure without picking individual winners between endpoint, network, identity, and cloud security vendors, three ETFs ... After Reviewing Every Cybersecurity ETF These 3 Capture the Full Stack Most Investors M
watch now VIDEO 4:31 04:31 Why long-term unemployment is rising in the U.S. Markets and Politics Digital Original Video In recent weeks, Parker Taylor reached a grim milestone in his work history. The 29-year-old had been employed consistently since he was a teen, first on a factory floor and most recently in medical sales. But the St. Petersburg, Florida, resident hasn't been able to land a new g...
watch now VIDEO 4:31 04:31 Why long-term unemployment is rising in the U.S. Markets and Politics Digital Original Video In recent weeks, Parker Taylor reached a grim milestone in his work history. The 29-year-old had been employed consistently since he was a teen, first on a factory floor and most recently in medical sales. But the St. Petersburg, Florida, resident hasn't been able to land a new gig after losing his job shortly before the 2025 Thanksgiving holiday. Taylor is now one of the more than 1.8 million Americans classified as long-term unemployed — which the government defines as jobless for at least 27 weeks — in a given month this year. That figure is up about 45% from 2019 and 55% from 2023, a CNBC analysis of Bureau of Labor Statistics data found. "This can't go on much longer without some type of catastrophic change to my life," Taylor said. "That this era of my life could affect my long-term future — my family's future, my future children's future — is something that I go to sleep thinking about." Without a steady income, Taylor's retirement planning and long-term investing strategy has come to a "screeching halt." He's significantly cut back on spending for everything from food to social experiences to make ends meet. Taylor said he's applied to around 100 jobs and has completed several interviews to no avail. On a macro level, the growing number of Americans in this boat raises red flags about the strength of the labor market and overall economy. For the long-term unemployed, it can have ramifications on financial, emotional and family health that linger even after they reenter the workforce. "It tells us a lot about economic health," said Cory Stahle, an economist at job site Indeed. "It tells us about how good of a job the labor market is doing at absorbing people." A 'devastating' situation The long-term unemployed account for roughly one out of every four jobless workers, according to the latest available U.S. government data. Friday's nonfarm p...
Sports City is back, and this time Bloomberg News' Senior Reporter Randall Williams takes the viewers to the most watched sports showdown on Earth: The FIFA world cup. This year's games will be hosted in three countries - the US, Mexico and Canada - across 16 cities, with 48 teams competing, the most ever. Let's go! (Source: Bloomberg)
Sports City is back, and this time Bloomberg News' Senior Reporter Randall Williams takes the viewers to the most watched sports showdown on Earth: The FIFA world cup. This year's games will be hosted in three countries - the US, Mexico and Canada - across 16 cities, with 48 teams competing, the most ever. Let's go! (Source: Bloomberg)
There was no sign of progress in ceasefire talks between the US and Iran after the worst burst of violence in weeks and as the Tehran-backed Hezbollah militia rejected on Thursday a US-brokered truce in Lebanon. President Donald Trump said ceasefire talks are in the “final” stages. Earlier, Iran’s foreign minister said the negotiations had stalled. On Wednesday, Iran fired missiles and drones at K...
There was no sign of progress in ceasefire talks between the US and Iran after the worst burst of violence in weeks and as the Tehran-backed Hezbollah militia rejected on Thursday a US-brokered truce in Lebanon. President Donald Trump said ceasefire talks are in the “final” stages. Earlier, Iran’s foreign minister said the negotiations had stalled. On Wednesday, Iran fired missiles and drones at Kuwait and Bahrain, killing one person and injuring dozens at Kuwait’s main airport, after the US struck an oil tanker headed to the Islamic Republic. In Lebanon, Hezbollah militants said they refused to abide by the conditions of a ceasefire announced by the US State Department only hours before. At least four people were killed in Israeli strikes, the Associated Press reported. And Israel’s military said Hezbollah launched several rockets toward its soldiers, with no injuries reported. Despite the continued fighting, oil prices slipped after three days of gains amid investor optimism in the wake of the US announcement of the Lebanon truce deal. Israel’s continued military strikes there have become a major obstacle as Trump seeks to extricate the US from the Iran war that he started. Trump has repeatedly claimed a deal is close even as Iran refuses give in to his demands on its nuclear program and his terms of reopening the Strait of Hormuz. Before the war, the waterway carried a fifth of world oil supplies, but they’ve been largely cut off since the US and Israel struck Iran on Feb. 28. Industry officials have warned prices could spike again as inventories are drawn down. On Thursday, Trump said in a social media post he’s “right in the middle of my final negotiations to end the War with the Islamic Republic of Iran.” He didn’t elaborate on the talks, using the post to blast a vote by the Republican-led House of Representatives to halt the war. While it won’t end the US military campaign against Iran, the move is a reflection of the increasing unpopularity of the conflict ...
Meta Platforms (NASDAQ:META) at $622.98 looks stretched on any rally toward $650, where the math behind its escalating AI capital bill stops working in shareholders’ favor. The stock has spent six months stuck in a corridor, and one structural concern overshadows an otherwise strong operating story. Meta runs the largest advertising network on the open ... 1 Big Reason to Sell Meta Platforms Stock...
Meta Platforms (NASDAQ:META) at $622.98 looks stretched on any rally toward $650, where the math behind its escalating AI capital bill stops working in shareholders’ favor. The stock has spent six months stuck in a corridor, and one structural concern overshadows an otherwise strong operating story. Meta runs the largest advertising network on the open ... 1 Big Reason to Sell Meta Platforms Stock Above $650
With strong hedge fund and Wall Street support, Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks among the best AI infrastructure stocks and carries an upside potential of 21.1%. Advanced Micro Devices, Inc. (NASDAQ:AMD) remains closely tied to the expanding AI infrastructure buildout, with analysts becoming more constructive on that theme on June 1, 2026. Barclays analyst […]
With strong hedge fund and Wall Street support, Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks among the best AI infrastructure stocks and carries an upside potential of 21.1%. Advanced Micro Devices, Inc. (NASDAQ:AMD) remains closely tied to the expanding AI infrastructure buildout, with analysts becoming more constructive on that theme on June 1, 2026. Barclays analyst […]
On the back of strong confidence from hedge funds and Wall Street, Micron Technology, Inc. (NASDAQ:MU) is one of the best AI infrastructure stocks, with upside potential of upto 80.2% (street-high). Micron Technology, Inc. (NASDAQ:MU) continues to draw increasingly bullish analyst views ahead of its earnings report later this month, as demand across the memory […]
On the back of strong confidence from hedge funds and Wall Street, Micron Technology, Inc. (NASDAQ:MU) is one of the best AI infrastructure stocks, with upside potential of upto 80.2% (street-high). Micron Technology, Inc. (NASDAQ:MU) continues to draw increasingly bullish analyst views ahead of its earnings report later this month, as demand across the memory […]
Micron Technology (MU) Is One Of The Best AI Infrastructure Stocks, According To Hedge Funds Yahoo Finance Micron Stock Soars 271% YTD: Is the Memory Chip Maker Still a Buy? Zacks Investment Research Micron Technology: This AI Winner Has Been Unstoppable. Is It Time to Sell? Morningstar
Micron Technology (MU) Is One Of The Best AI Infrastructure Stocks, According To Hedge Funds Yahoo Finance Micron Stock Soars 271% YTD: Is the Memory Chip Maker Still a Buy? Zacks Investment Research Micron Technology: This AI Winner Has Been Unstoppable. Is It Time to Sell? Morningstar