US Stock Market Move | Dell Technologies, Inc. Class C technology (DELL.US) rose 8%. The company has doubled its future four-year revenue and profit growth expectations.

On Wednesday, Dell Technologies, Inc. Class C technology (DELL.US) rose 8% to $163.03. In terms of news, Dell Technologies, Inc. Class C technology expects its revenue and profit growth expectations for the next four years to nearly double, and it stated that the demand for artificial intelligence (AI) products will drive this high growth expectation to at least continue until the 2030 fiscal year. Dell Technologies, Inc. Class C has released a "long-term financial framework" this time, expecting an average annual revenue growth rate of 7% to 9% over the next four years, and the average annual growth rate of earnings per share (EPS) after excluding certain items will be no less than 15%. Looking back to 2023, the company had projected a revenue growth rate of 3% to 4%, with adjusted EPS growth of no less than 8%.