Dell raised its annual sales forecast by $25 billion, the fifth straight quarter its revenue outlook topped estimates, because AI server demand is strong; Dell is a key AI infrastructure buildout beneficiary.
Uber's restructuring to cut about 3,300 roles and reduce management layers is designed to free up spending and reallocate capital into ride-sharing, delivery, and robotaxi businesses; the stock reacted positively and drew investor buying on the news even though it remains down on the year.