Dell Stock Soars to Record High on Strong Earnings Driven by AI and Stabilizing Hardware Demand

Dell Technologies reported better-than-expected Q2 earnings, with revenue exceeding analyst estimates.
Dell raised its full-year forecast, citing growing AI demand and stabilization in the PC market.
The company's stock surged over 20% to an all-time high following the strong quarterly results.
Dell was named top IT hardware pick by Morgan Stanley, which sees it benefiting from AI opportunities.
Analysts raised Dell's price targets due to its position in AI and steady enterprise hardware sales.