Dell Becomes One Of The Early Generative AI Winners

Last week, Dell Technologies Inc (NYSE: DELL) had its best stock market day since its 2018 return to the public market after it reported its fiscal second quarter results. Despite a revenue decline, Morgan Stanley named the computer maker as its top hardware pick, dethroning Apple Inc (NASDAQ: AAPL) as Dell emerged as an early winner of the Generative AI momentum. While HP Inc (NYSE: HPQ) lost its ground on soft guidance with its shares falling 6.6% upon the report on Tuesday, Dell shares surged 21.3% on Friday. Salesforce (NYSE: CRM) also provided some much-needed good news for the tech secto…

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