Dell Soars, Gap Slides, Ford Climbs
from Stock Movers Hosted by iHeartPodcasts
Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Dell Technologies (DELL) shares are soaring on Friday after the Texas-based company raised both its full year revenue and adjusted EPS outlooks on strong demand for its AI-powering servers. Analysts are widely impressed with the report, calling it “another blowout quarter.” The stock is up as much as 35%, its biggest intraday percentage jump since March 2024; with the move, the stock is now up more than 235% this year - Gap (GAP) shares fell 15% in US postmarket trading after the clothing retailer reported its latest earnings. Analysts flagged a poor performance by the company’s Old Navy brand that weighed on the full-year outlook in an otherwise mixed report. -Ford Motor (F) shares are set to record their best monthly gain in 17 years as the automaker’s newfound status as a possible beneficiary of the artificial intelligence boom sparked an investor frenzy. Ford shares were rising for the eighth straight trading session Friday, set for their longest winning streak in three years.
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