US Stock Market Move | Dell Technologies, Inc. Class C shares (DELL.US) rose over 4% in early trading, setting a new all-time high.

On Wednesday, Dell Technologies, Inc. Class C (DELL.US) opened with a rise of over 4%, setting a new historical high, now reported at $558.61. According to news, Dell Technologies, Inc. Class C has significantly raised its full-year revenue guidance for fiscal year 2027 from approximately $167 billion to $192 billion, a one-time increase of $25 billion, representing a year-on-year growth of about 69%, clearly surpassing the analysts' average expectation of $173.8 billion. The company expects its full-year non-GAAP earnings per share to reach $25.50, an increase of 148% from the previous year, also far exceeding the market expectation of $19.10. David Kennedy, Chief Financial Officer of Dell Technologies, Inc. Class C, stated that the reason for the upward adjustment in performance guidance is the accelerating demand for AI.