Dell Jumps 16.8% on NVIDIA Halo; Q1 Bar Is High Now
Dell ripped 16.77% Friday after NVIDIA’s record $81.6B quarter. With a $43B AI server backlog already in hand, Q1 FY27 has to deliver.
Earnings
Analysis of company earnings, guidance, margins, cash flow, and the market’s reaction. We separate reported results from estimates and explain the operating metrics behind headline numbers.
Stock Buybacks Explained: Mechanics, EPS Math, Taxes
How share repurchases actually work — open-market vs ASR vs Dutch auction, the EPS math that drives them, SEC Rule 10b-18, and the 1% excise tax.
Enterprise Value Explained: When EV/EBITDA Beats P/E
Enterprise value captures the debt and cash that market cap ignores. Here’s the EV formula, the EV/EBITDA multiple, a worked example, and when it misleads.