Stock Movers

Dell Gains, Petco Surges, Best Buy Falls

Aug 28, 2025
Dell Technologies raised its annual outlook after a strong demand for AI servers, despite a lackluster PC performance. Meanwhile, Petco experienced a remarkable 31% surge by revising its earnings targets upward, reflecting a successful turnaround strategy under its new CEO. In contrast, Best Buy's shares plummeted 6.6% after reporting disappointing quarterly results and reaffirming its 2026 forecast. The contrasting fortunes of these companies highlight the fierce competition and evolving trends in the retail and tech markets.
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INSIGHT

Dell Raises Outlook On AI Server Strength

  • Dell raised its annual outlook after strong AI-server shipments, showing confidence in demand.
  • Management reported $8.2 billion of AI server shipments, underpinning the upgraded guidance.
INSIGHT

Dell Split: AI Servers Versus PCs

  • Dell's infrastructure revenue jumped sharply while PC sales barely grew, signaling AI server demand is driving results.
  • The business is bifurcating into fast-growing AI infrastructure and stagnant PC sales, shaping investor expectations.
INSIGHT

Petco Turnaround Showing Tangible Gains

  • Petco's turnaround shows momentum with a much stronger EBITDA forecast and beat on sales and income.
  • Strategic store closures, inventory changes, and investments in pharmacy and grooming are lifting margins.
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