On Thursday, Dell Technologies Inc (NYSE:DELL) delivered a blockbuster quarterly report that prompted bullish reactions from analysts and market commentators.

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Dell reported first-quarter revenue of $43.84 billion, significantly ahead of analyst estimates of $35.45 billion. Adjusted earnings came in at $4.86 per share, topping expectations of $2.94 per share.

The company's strong showing sent shares sharply higher in after-hours trading, with the stock rising nearly 40%.

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