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Major U.S. equities indexes retreated from recent highs as investors digested fresh economic data ahead of the three-day Labor Day weekend.
Dell Technologies' second-quarter fiscal 2026 results reflect strong AI-driven growth and an expanding backlog.
Dell Technologies DELL reported a sharp rise in second-quarter revenue but tempered investor enthusiasm with profit guidance that fell short of expectations, sending shares lower on Friday.
Dell beat on revenue and EPS, yet the stock sold off, now trading at just 13x earnings with an 8% FCF yield. ISG revenues grew 69% y/y, surpassing PCs for the first time, as Dell's AI server backlog remains strong and PC refresh tailwinds build into 2026. AI and PC replacement cycles are in early stages, with catalysts like Windows 10 end-of-life and a large installed base fueling sustainable long-term growth.
Dell Technologies Inc (NASDAQ:DELL) shares fell after the company posted record second quarter results but reported margin pressure and issued adjusted earnings guidance below Wall Street expectations. For the fiscal second quarter ended August 2, 2025, Dell reported revenue of $29.8 billion, up 19% from a year earlier, and adjusted earnings per share of $2.32, a 19% increase.
U.S. stock futures were lower this morning, with the Dow futures falling over 100 points on Friday.
ROUND ROCK, Texas--(BUSINESS WIRE)--Dell Technologies (NYSE: DELL) announces financial results for its fiscal 2026 second quarter. The company also provides guidance for its fiscal 2026 third quarter and full year. Second-Quarter Summary Record revenue of $29.8 billion, up 19% year over year Operating income of $1.8 billion, up 27% year over year, and non-GAAP operating income of $2.3 billion, up 10% Diluted earnings per share (EPS) of $1.70, up 38% year over year, and record second-quarter non.
Pre-market futures have lots to digest this morning — not only following NVIDIA's NVDA strong Q2 results after the closing bell last night (even if they came in slightly below certain lofty expectations), but with both important economic data and Q2 earnings results having been reported. The Dow is +42 points at this moment, the S&P 500 is -1 point and the Nasdaq is -21.
Dell Technologies (DELL) earnings are on the way after Thursday's close. Rick Ducat prepares investors and traders by taking a look at the technical setup on its chart.
U.S. stock futures were swinging on Thursday following Wednesday's advances. Futures of major benchmark indices were largely mixed.