{"id":758,"date":"2026-05-28T22:35:34","date_gmt":"2026-05-28T22:35:34","guid":{"rendered":"https:\/\/americanhomejournals.com\/?p=758"},"modified":"2026-05-28T22:35:34","modified_gmt":"2026-05-28T22:35:34","slug":"dell-explodes-30-higher-after-its-best-earnings-report-since-returning-to-the-stock-market-in-2018","status":"publish","type":"post","link":"https:\/\/americanhomejournals.com\/?p=758","title":{"rendered":"Dell explodes 30% higher after its best earnings report since returning to the stock market in 2018"},"content":{"rendered":"
\n

Dell just dropped its biggest earnings report since its return to public markets in 2018, and the stock is rocketing higher.<\/p>\n

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The company saw shares spike 30% after hours on Thursday after it crushed Wall Street’s first-quarter earnings estimates. The stock closed Thursday’s session at $317.05, up nearly 4%.<\/p>\n

The company, famed for its 2000s-era “Dude, you’re getting a Dell” advertisements, reported revenue of $43.84 billion versus expectations for $35.43 billion. Earnings per share were $4.86 compared to estimates for $2.94. Dell was taken private in 2013 and re-listed as a public company at the end of 2018.<\/p>\n

It’s another example of an early internet computer company getting a fresh shot of life from the AI boom. Dell said that its AI revenue spiked year over year to over $16 billion, and it expects 2026 AI-derived revenue to hit $60 billion. It guided full-year revenue company-wide at $165.0 billion to $169.0 billion.<\/p>\n

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Other 2000s darlings that have gotten a boost recently include Cisco and Intel, which are up 56% and 206%, respectively. Intel’s meteoric rally has netted a hefty paper gain for the US government, which took a stake in the company last August. That investment has ballooned in value from $8.9 billion to nearly $55 billion.<\/p>\n

Financial disclosures also show that President Donald Trump invested in Dell stock in his personal portfolio in the first quarter. The filing shows the president’s account purchased $1 million to $5 million in February. Dell also landed a nearly $10 billion contract with the US Department of Defense on Wednesday.<\/p>\n

Read more Anthropic leapfrogs OpenAI as the most valuable AI startup \u2014 and drops a new model<\/a><\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Dell is among a handful of 2000s-era computer companies that have gotten a major boost from AI. 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