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METI: Japan's April kerosene sales fell 13.3% YoY.

2026-05-29

METI: Japan's April kerosene sales fell 13.3% YoY.

Other News
2026-05-29

China's STAR 50 index fell more than 4% as semiconductor stocks weakened; Xinlian Integration plunged over 9% and SMIC fell over 7%.

China's STAR 50 index fell more than 4% as semiconductor stocks weakened; Xinlian Integration plunged over 9% and SMIC fell over 7%.
2026-05-29

Driven by AI product demand, Dell reported Q1 revenue up 88% to $43.84bn and raised its full-year guidance. The company now expects fiscal-year revenue of $165bn–$169bn, up from $138bn–$142bn, and lifted the midpoint of adjusted EPS guidance from $12

Driven by AI product demand, Dell reported Q1 revenue up 88% to $43.84bn and raised its full-year guidance. The company now expects fiscal-year revenue of $165bn–$169bn, up from $138bn–$142bn, and lifted the midpoint of adjusted EPS guidance from $12.90 to $17.90. Dell posted Q1 GAAP profit of $3.44bn, or $5.24 per share, versus $965m, or $1.37, a year earlier. Adjusted EPS was $4.86, beating the FactSet estimate of $2.96. Revenue was driven by the Infrastructure Solutions Group, which nearly doubled to $29.0bn on strength in AI-optimized and traditional servers. Dell guided Q2 revenue of $44.0bn–$45.0bn with an adjusted EPS midpoint of $4.80; FactSet consensus had forecast $35.1bn revenue and $2.99 adjusted EPS. Shares rallied in after-hours trading, rising more than 12%.
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