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Shares of Dell Technologies jumped 17.5% on Friday after the company forecast revenue from its AI server business will double in fiscal 2027, underscoring surging demand for infrastructure catering to artificial intelligence.
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News and Media
Shares of CoreWeave slumped around 15% on Friday, after the company's plans to double capital expenditure this year stoked investor concerns about margin pressure and effective returns from its artificial intelligence push.
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News and Media
Block shares soared more than 16% on Friday after the fintech firm announced it would nearly halve its workforce as part of an overhaul to embed artificial intelligence tools across its operations.
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News and Media
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