Diamonds and Dogs
Tech darling from the 1900s is back. Dell Technologies (DELL) is jumping 22% to record highs following blow out earnings thanks to a boost from artificial intelligence (AI) products and stabilizing demand for computer hardware. These results follow rival HP that reported dismal results.
Walgreens (WBA) makes a new low. The healthcare and pharmacy retailer is down 6% to a 52 week low after lowering guidance and having the CEO, Rosalind Brewer step down abruptly. The stock is down 50% in the last year and a half as COVID sales decline. Walgreens will search for "a successor with deep healthcare experience".
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