Dell Technologies Celebrates Quarterly Results Above Expectations

Dell Technologies Celebrates Quarterly Results Above

(Finance) – Trade in profit DellTechnologieswhich rose by 1.76%.

The computer maker closed the second quarter of fiscal 2025 with net earnings up from $455 million, or 63 cents per share, to $841 million, or $1.17. On an adjusted basis, theEPS settled at $1.89, well above the consensus $1.70.

THE revenues rose 9% annually to $25 billion, versus the $24.1 billion analysts had estimated.

Comparing the performance of the stock with theS&P-500on a weekly basis, it is noted that DellTechnologies maintains positive relative strength compared to the index, demonstrating greater appreciation by investors compared to the index itself (weekly performance +3.4%, compared to +0.74% of theUS Basketball Index).

The overall technical context highlights bearish implications that are strengthening for DellTechnologieswith negative pressures such as to force the levels towards the support area estimated at 110.4 USD. Contrary to expectations, however, bullish pressures could push prices up to 115.2 where an important resistance level is located. The dominance of the bears fuels negative expectations for the next session with a potential target set at 108.2.

tlb-finance