Finance

Shares of Dell Technologies soared nearly 33% on Friday, achieving their best single-day performance on record after reporting first-quarter earnings that exceeded analyst expectations. The company's raised full-year guidance underscored robust demand for artificial intelligence hardware and infrastructure, boosting broader investor confidence in the tech sector.

Brent crude prices fell approximately 1.7% to close near $92 per barrel as reports emerged of a potential 60-day ceasefire extension between the U.S. and Iran. This geopolitical optimism suggests a possible partial reopening of the Strait of Hormuz, providing relief to global energy markets and cooling recent inflation fears.

The 30-year U.S. Treasury yield recently reached its highest level since 2007 at 5.2% due to persistent inflation concerns and government financing pressures. While yields saw a slight four-day decline ending May 29, the broader upward trend in 2026 continues to challenge traditional balanced investment portfolios.