Dell's Strong Q2 Performance Signals PC Market Recovery

Dell Technologies surpasses expectations for its fiscal second quarter, reporting adjusted earnings of $1.74 per share on sales of $22.93 billion, beating analysts' estimates. The company's revenue grew 10% from the previous quarter, and it provided a bullish outlook for the current period, predicting adjusted earnings of $1.45 per share on sales of $23 billion. Dell's Chief Operating Officer, Jeff Clarke, highlighted the growing demand for artificial intelligence (AI) and stated that AI is already proving to be a long-term tailwind for the company. Dell stock surged 22.5% following the earnings report.