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.
- GitLab (GTLB) shares rally after the software company’s second-quarter results beat expectations at the same time as the company boosted its full-year forecast.
- FuelCell (FCEL) shares fall. The renewable energy equipment company reported third-quarter results that were weaker than expected on key metrics.

Dell Jumps, Palo Alto Networks Drops, Eos Energy Rises on Power Project With Google, MN8
03:29

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

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