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Today is Friday, May 29, 2026.
The Early Bird Index today is 90.78.
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Dell's $60B AI Server Bet 🤖
Dell Technologies $DELL ( ▲ 29.1% ) surged 39.09% in after-hours trading on Thursday after posting strong financial earnings results powered by its artificial intelligence business.
Financials: Dell reported earnings of $4.86 per share in the past quarter and revenue of $43.8 billion. Both were better than expected.
Details: Revenue skyrocketed 88%, including a 92% increase in the traditional servers and networking business.
Powering the Story: Revenue for AI-optimized servers surged 757% (wow!), and Dell expects more growth throughout the year.
Quote: “We’re increasing our AI server revenue expectations for FY27 to $60 billion, which only goes to show the AI opportunity shows no signs of slowing.” - COO Jeff Clarke.
Early Bird’s Nest Egg Gains: Dell’s AI server sales are strong because it has become a major supplier of the hardware stack customers need to build and run AI workloads. It has a large backlog of AI server orders and a growing pipeline of enterprise and cloud deals.
Final Thoughts: The good times for Dell continue. Dell’s stock was already up 148% this year.
Follow the $50 Billion Buy-In
Wall Street just bet billions on a small collection of stocks.
And after a volatile first half of 2026, it looks like they’re about to shift even more.
MarketBeat’s updated 10 Best Stocks to Own in 2026 report reveals the 10 names attracting fresh capital right now.
Notables
Notable Earnings Today: BitFuFu (Nasdaq: FUFU), Buckle (NYSE: BKE).
Notable IPOs Today: Deep Fission, Inc. Common Stock (Nasdaq: FISN), Palatin Technologies, Inc. Common Stock (Nasdaq: PTN), Quhuo Limited American Depository Shares (Nasdaq: QH), ARC Group Acquisition I Corp Class A Ordinary Shares (Nasdaq: ARCL), Innovative Digital Investors Acquisition Corp. Unit (Nasdaq: IDIAU), Tribeca Strategic Acquisition Corp. Unit (Nasdaq: BIDWU).
Notable Equity Crowdfunding Campaigns Ending Today: Destination Athlete (Honeycomb).
Notable Economic Events Today: Goods Trade Balance (8:30 a.m. ET), Retail Inventories Excluding Autos (8:30 a.m. ET), Chicago PMI (8:30 a.m. ET).
Gap Slashes Sales Outlook
Mixed financial earnings results for Gap $GAP ( ▼ 16.02% ) caused the clothing and accessories retailer to plunge 14.56% in after-hours trading on Thursday.
Financials: Gap reported earnings of 38 cents per share in the past quarter, which were in-line. Revenue reached $3.5 billion, which was lower than expected.
Powering the Story: Weaker-than-expected sales at Old Navy hit the company’s revenue. On Thursday, Gap cut its 2026 sales outlook, outlining growth of just 1% to 2% instead of 2% to 3%.
Final Thoughts: Gap’s stock has been flat most of the year.
American Eagle’s Comp Sales
Despite posting good financial earnings results on Thursday, American Eagle Outfitters $AEO ( ▼ 12.67% ) nosedived by 12.12% in after-hours trading.
Financials: American Eagle reported earnings of 14 cents per share in the past quarter and revenue of $1.2 billion. Both were better than expected.
Powering the Story: Comparable sales for the American Eagle brand fell 2%.
Final Thoughts: American Eagle’s stock was already down 32% this year.
Trends to Watch
Coming to the Public Markets Soon: Anthropic raises $65 billion, nears $1T valuation ahead of IPO (TechCrunch)
Surging Investor Demand: Bitwise bets Hyperliquid could power future finance as HYPE ETFs gain traction (CoinDesk)
Big Bet: Billionaire businessman Tilman Fertitta to acquire Caesars in $17.6B deal (Las Vegas Review-Journal)
Bulls Exiting: Solana open interest drops 30% as altcoins slump: Is $68 SOL next? (Cointelegraph)
So Much Gas: Costco sells 'record-breaking' amounts of gas as fuel costs soar amid US-Iran war (Yahoo! Finance)
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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.
