00:04
Speaker A
Checking in on some stocks moving after hours now. Starting with Dell, those shares are jumping.
00:09
Speaker A
company delivering a huge boost to its full-year outlook driven by AI servers.
00:15
Speaker A
Dell now seeing 192 billion in annual revenue, including 74 billion from AI servers. That's triple last year's level.
00:23
Speaker A
The company's also reported a massive 95 billion AI server backlog, another sign demand for AI infrastructure remains strong.
00:30
Speaker A
MongoDB shares though they're pluming after hours despite what looks like a solid quarter.
00:35
Speaker A
revenue jump at 30%. It's fastest growth in several years. The company's raising its full year outlook.
00:39
Speaker A
Atlas revenue, the company's cloud database service also grew 29%, but those results not satisfying investors enough after a recent run for that stock.
00:49
Speaker A
And GitLab shares surging after hours. The software company reporting 21% revenue growth in the second quarter with bookings hitting a record.
00:56
Speaker A
GitLab saying the rise of AI generated software is driving more demand for its platform and follow similar moves higher from software stocks this quarter.
