Dell beats on profit and revenue as company says AI server sales will double this year

1. Dell shares fell over 5% despite strong earnings and revenue beats. 2. Third-quarter EPS guidance of $2.45 missed Wall Street's $2.55 expectation. 3. Revenue for Servers and Networking surged 69%, driven by AI server sales. 4. Dell raised full-year revenue outlook to $107 billion, above estimates. 5. Storage revenue declined 3%, missing StreetAccount's $4.1 billion forecast.