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Dell Technologies stock surged more than 10% midway through the session, marking the sixth upward movement in seven trading weeks. The run was propelled by RBC’s decision to assign an “outperform” rating, underscoring confidence that the corporation sits neatly at the center of accelerating global IT expenditure. With enterprises and sovereign entities channeling record capital into artificial‑intelligence infrastructure, executives highlighted DELL’s strong positioning to capture that wave.
Vicor climbed roughly 11%, posting the best daily gain since early July after announcing acquisitions of two production sites in New Hampshire to expand its chip manufacturing footprint.
Shopify accelerated nearly 4% after Bernstein upgraded the name to “outperform” and supplied a $160 price target, implying roughly 26% upside from Thursday’s close. Analysts reiterated that artificial‑intelligence deployment will continue to bolster network traffic and profitability rather than curbing top‑line growth.
Skyworks Solutions surged over 8% following its participation at a Goldman Sachs briefing where it outlined expectations to complete the acquisition of Qorvo before year‑end, lifting Qorvo’s share price about 5%.
Qualys slipped about 6% after Wedbush reduced its analyst stance to “neutral” from “outperform,” citing heightened competitive pressure on the cybersecurity arena.
GameStop’s share price edged up close to 3% after CEO Ryan Cohen revealed a purchase of an additional 1 million shares at an average of $20.38; his total holding now stands at roughly 39.347 million shares, worth approximately $802.28 million as of Thursday’s close.
Oracle managed a modest rebirth with shares rising at times to 10% above previous levels. Although the earnings release failed to sustain momentum, the cloud vendor reported $1.92 profit per share on an adjusted basis and $19.35 billion in revenue, surpassing LSEG’s forecast of $1.74 price target and $19.14 billion revenue.
Home furnishings retailer RH posted gains of nearly 2% from second‑quarter earnings of $922 million, beating the LSEG consensus by $7 million. Management outlined full‑year guidance indicating growth rates between 5.5% and 7%, while investors view the outlook as supportive.
NuScale Power tumbled roughly 14% after UBS downgraded the nanoreactor firm from “neutral” to “sell,” cutting its price target from $10 to $6 and highlighting prolonged development timelines.
Oklo also fell more than 7% after agreeing to an exchange‑mandated at‑the‑market share repurchase, signaling continued execution uncertainty for the emerging energy‑storage segment.
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