Dell, MongoDB, GitLab Lead After-Hours Moves

Earnings
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Summary · why it matters

In after-hours trading, Dell Technologies shares jumped nearly 9% after beating expectations on both lines and lifting its fiscal 2027 forecast, citing strength in its artificial intelligence service business. MongoDB shares dropped 12% despite posting better-than-expected earnings and upbeat guidance, with earnings of $1.90 per share on $772 million in revenue versus analyst forecasts of $1.61 and $734 million. Credo Technology shares slid almost 4% after its non-GAAP gross margin for the first quarter came in at 68%, slightly below the 68.3% analysts expected, though it beat on both lines. GitLab shares rallied nearly 20% on an earnings beat and upbeat full-year guidance, earning 24 cents per share on $286 million in revenue versus estimates of 18 cents and $273 million. Palo Alto Networks shares were flat after a better-than-expected fourth fiscal quarter, with earnings of $1.02 per share on $3.41 billion in revenue versus expectations of 98 cents and $3.35 billion.

Impact on stocks 5

Artificial Intelligence± Mixed · 4 stocks
Dell Technologies Inc
DELL
▲ PositiveCapitalrelevance

Beat expectations on both lines and lifted fiscal 2027 forecast, citing AI service strength.

Gitlab Inc
GTLB
▲ PositiveCapitalrelevance

Earnings beat and upbeat full-year guidance.

Cloud & Digital Infrastructure▼ · 1 stocks
MongoDB
MDB
▼ NegativeCapitalrelevance

Despite better-than-expected earnings and guidance, shares dropped 12%.

Theme Impact 6

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