Dell Technologies (DELL) stock tumbles in Thursday's after-hours trading even though the computer company shared an all-around earnings beat in its first quarter: $22.24 billion in revenue (expected $21.62 billion) and gains of $1.27 per share (expected $1.23 per share). Dell shares are up by over 120% year-to-date. Yahoo Finance's Julie Hyman and Josh Lipton sparse through Dell's earnings release, focusing on its AI servers segment. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
The major indexes fell Thursday as the software sector dived. Dell plunged overnight on earnings. The Fed's favorite inflation report is on tap Friday morning.
Dell Technologies matched Wall Street's earnings target for its fiscal first quarter on higher-than-expected sales. But Dell stock fell.