Dell and Palo Alto Networks report strong earnings and raise forecasts, citing high demand for AI

65TECHNOLOGY

Dell and Palo Alto Networks report strong earnings and raise forecasts, citing high demand for AI

⚡ Markets: Confirms the strong commercial tailwind from AI infrastructure spending, benefiting hardware providers (servers) and enterprise software companies with AI features.DELLPANWNVDASMCI

Dell Technologies raised its fiscal 2027 forecast, expecting AI server revenue to triple, causing its stock to surge. Cybersecurity firm Palo Alto Networks also beat estimates, attributing growth to AI-powered security tools.

West MSM: noneFinancial press 31 country

3 sources across the spectrum

Financial pressCNBC — Dell surges 10% after lifting fiscal 2027 forecast on AI server strength

Financial pressMarketWatch — Dell’s AI servers drive a stellar earnings performance, and a raised outlook

Financial pressCNBC — Palo Alto Networks beats quarterly estimates on AI demand, continues acquisition spree

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