Dell Surges To Close Out May | Closing Bell

Summary

The episode covers the final trading day of May with the S&P 500 and Nasdaq edging higher. Tech stocks continue to dominate, with Dell surging on AI server demand. The hosts discuss sector divergence, with only tech and financials in the green, and highlight notable winners and losers. They also touch on Anthropic's massive funding round and its impact on the workforce.

• S&P 500 and Nasdaq finish slightly higher on the last trading day of May.
• Dell shares surge over 30% after AI server sales outlook.
• Only two S&P 500 sectors (tech and financials) closed in the green.
• Ford extends winning streak and is called the next AI play.
• Costco falls despite earnings beat amid potential special dividend rumors.
• Eli Lilly drops on CVS drug pricing uncertainty.
• Gap plunges due to weak Old Navy performance.
• Anthropic founders become billionaires after $65B funding round.