TradingKey – Dell begins September 2 with a new chart structure following the pre-earnings period. Premarket trading saw DELL reach about $467 from a September 1 close near $425 after a roughly 6.8% sell off. Record fiscal Q2 results have closed much of the earnings gap with a price levelling back into the $464-$473 resistance zone having reclaimed the $447 moving-average. The clear market driver is Dell Booking $60.9 billion of AI Server orders in one quarter and raising full year guidance.
Q2 Revenue and Earnings Crushed Expectations
Dell announced record fiscal Q2 2027 revenue of $47.0 billion representing 58% year over year growth. GAAP diluted EPS came in at $6.34 and non-GAAP EPS landed at $7.04 which would have topped the consensus…
