Dell Stock Surges Toward Record Win Streak After Doubling in 8 Days -- Barrons.com

Dow Jones17:14

By George Glover

Dell Technologies stock was rising again on Tuesday, putting the PC and server maker on track to lock in its longest winning streak in more than eight years.

Shares climbed 2.7% to $478.68 ahead of the opening bell. Futures tracking the S&P 500 were 0.1% lower.

The stock has been on a tear lately, surging thanks to stellar first-quarter earnings and a new laptop to compete with Apple's latest hardware. Dell has closed higher for eight sessions in a row, surging 98% over that period.

Shares will notch their longest run of daily gains since March 2018 if they finish in the green on Tuesday, according to Dow Jones Market Data.

The latest move higher came after Hewlett Packard Enterprise reported strong results for its fiscal second quarter and raised its full-year guidance, signaling once again to investors that the boom in demand for the hardware needed to power AI is boosting sales of servers.

HPE reported cloud & AI revenue of $7.71 billion, well above the $6.93 billion that analysts were expecting. Its stock jumped 24% in Tuesday's premarket.

Fellow AI server maker Super Micro Computer Inc. also looked set to get a boost from the results. Its shares rose 5.1% on Tuesday, having already jumped 26% over the past five trading sessions.

Write to George Glover at george.glover@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

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June 02, 2026 05:14 ET (09:14 GMT)

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