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Shares of Dell Technologies soared nearly 40% in premarket trading on Friday, after robust demand for its Nvidia-powered ‌AI servers prompted the company to raise its annual revenue ‌and profit forecasts. Dell has benefited significantly from data center investments by Alphabet and Amazon, as well as price increases and improved supply chain management. On Thursday, Dell ‌raised its annual revenue forecast ⁠to $165 billion to $169 billion from $138 billion to $142 billion, and said it now expects AI server revenue of about $60 ⁠billion in fiscal 2027, up from $50 billion.

Investors also reacted positively to a proposed lawsuit settlement and growing optimism around space tourism demand.

Companies will continue to spend on AI infrastructure for the next few years as they can't stand on the sidelines, according to Dan Ives, managing director at Wedbush Securities, who compares the current environment to 1996, not 1999.

IBM shares climb premarket as tech sector rallies. Check out the latest technical analysis, key resistance levels, and ETF impacts.

Nvidia is investing billions into companies developing photonics, which industry watchers say could bring big efficiency gains to the AI sector.

As interest in Asian flavors rises, mainstream grocery stores are incorporating more Asian groceries to work toward being a one-stop shop for all consumers.

NY lawmakers approve pied-à-terre tax on luxury second homes in NYC, expected to raise $500 million for the city.

While it seems like every retail investor on the planet is going to be fighting over SpaceX shares on initial public offering (IPO) day, I believe this is a classic wait-and-see. Further, aerospace suppliers might be a better way to profit from the SpaceX IPO craze than a direct investment in ...