On this episode of Stock Movers:
- Dell (DELL) shares jumped after the company boosted its annual sales forecast by $25 billion due to surging demand for servers to run artificial intelligence tasks. Revenue in the fiscal year ending in January 2027 will be about $192 billion, including $74 billion from the sale of AI servers, which is up from an outlook in May of about $167 billion.
- Palo Alto Networks (PANW) shares shares slide as much as 9.5% in intraday trading, the most since February, after the cybersecurity firm reported recurring revenue that beat analyst estimates but fell short of elevated investor expectations.
- Eos Energy (EOSE) shares rise after the company, MN8 Energy and Alphabet’s Google announced a project that will use 10 MW of Eos’ zinc-based energy storage products. The collaboration will deliver a combined 86 MW of solar, 10 MW of zinc-based long-duration energy storage and 70 MW of lithium-ion energy storage in West Virginia.

Dell Rises, GitLab Gains, FuelCell Falls as Third-Quarter Results Miss Expectations
03:40

Uber to Cut 3,300 Jobs; Dell Rallies; PG&E Falls
05:00

Dell Shares Rise; GitLab Jumps; MongoDB Slumps
04:28