Dell Technologies (DELL) Surges 38% on Q1 Earnings Beat and Outlook

Dell Technologies (DELL) shares surged 38% in extended trading after the company raised its full-year guidance and reported a first-quarter earnings beat on both revenue and profit. In contrast, American Eagle Outfitters saw an 11% decline as comparable sales at its American Eagle banner dropped 2% in the same quarter. The S&P 500 rose 0.58% and the Nasdaq Composite gained 0.91%, both reaching new intraday all-time highs, bolstered by strong technology sector earnings. Meanwhile, tensions in the Middle East continued to unfold, with reports of missile launches from Iran, although U.S. officials indicated that a ceasefire extension was being negotiated.