Dell Rises, GitLab Gains, FuelCell Falls as Third-Quarter Results Miss Expectations

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.

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