#DellRisesNearly9%GitLabJumps20%AfterHours
Dell and GitLab have just made a major leap after the close. 👁️👁️
$DELL.US
jumped by about 9%, while $GTLB.US
B rose by about 20% in after-hours trading after both companies reported strong quarterly results.
Dell’s results were driven by strong demand for AI infrastructure, with revenue up 58% year over year, and the company raised its full-year outlook.
GitLab also beat expectations and raised its guidance for fiscal year 2027, sending the stock price sharply higher.
For traders, the key takeaway is clear:
AI spending continues to show up in companies’ results.👍
#GitLab
Dell and GitLab have just made a major leap after the close. 👁️👁️
$DELL.US
jumped by about 9%, while $GTLB.US
B rose by about 20% in after-hours trading after both companies reported strong quarterly results.
Dell’s results were driven by strong demand for AI infrastructure, with revenue up 58% year over year, and the company raised its full-year outlook.
GitLab also beat expectations and raised its guidance for fiscal year 2027, sending the stock price sharply higher.
For traders, the key takeaway is clear:
AI spending continues to show up in companies’ results.👍
#GitLab
