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DELLBEARISHFLIPPEDCNBC FAST MONEY · BULLISH IN SEPTEMBER → BEARISH IN SEPTEMBER

Dell's parabolic move may be overappreciated

The discussion framed Dell's extraordinary post-earnings surge as potentially overextended, with the box maker seen as the least interesting part of the AI value chain and vulnerable to future margin pressure and demand pullbacks.

CNBC FAST MONEY CHANGED ITS VIEW

BULLISH FOR 2 DAYS, THEN THE TURN
THEN1 SEP · BULLISHThe bull case argued for Dell: a massive beat on revenue and a significant sequential gross margin expansion from 18% to 21% - the best in years - despite input cost pressures from memory.NOW3 SEP · BEARISHThe discussion framed Dell's extraordinary post-earnings surge as potentially overextended, with the box maker seen as the least interesting part of the AI value chain and vulnerable to future margin pressure and demand pullbacks.

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