Sep 2, 2026 · 5 min
AI demand lifts Dell and GitLab while FuelCell stumbles
Dell Rises, GitLab Gains, FuelCell Falls as Third-Quarter Results Miss Expectations
The market moves show how AI infrastructure and software momentum are being rewarded while execution problems weigh on energy companies.
- 1Dell raised its annual sales forecast as demand for AI servers accelerated.
- 2GitLab beat quarterly expectations and lifted its full-year outlook, sending shares higher.
- 3FuelCell Energy fell after weak results, a project shutdown, and reduced South Korea deliveries.
Don't miss
Dell’s raised annual sales forecast, powered by surging AI-server demand, sets the episode’s clearest example of AI reshaping market expectations.
The brief
Dell shares rose after the company lifted its annual sales forecast, with surging demand for AI servers driving the stronger outlook.
GitLab added to the rally by beating quarterly expectations and raising its full-year outlook, extending the episode’s focus on technology winners.
FuelCell Energy moved in the opposite direction after weaker-than-expected results, a project shutdown, and fewer deliveries in South Korea.
The episode then turns from market reactions to urban infrastructure, asking how AI, technology, and long-term planning can make fast-growing cities smarter.
Economy of Scale host Jacob Greaves frames the discussion with Rohit Krishnan and Estefanía Tapias, including Dubai’s response to rapid population growth.
What was said on this episode
6 statements · 5 positive · 1 negative
Demand for AI servers is rapidly rising
“this is really a sign of... rapidly rising demand for servers to run AI”
Listen at 1:04
FuelCell Energy had its slowest revenue growth in over two years
“The company experienced its slowest revenue growth rate. in over two years.”
Listen at 3:15
AI will compress processes in the smart-city sector
“AI will allow in the smart city space to compress a lot of things”
Listen at 4:16
Dubai learned substantially from its sudden population increase
“Dubai has learned a lot from a sudden increase in population”
Listen at 4:36
Dubai responded very effectively to its population increase
“they reacted very well to it”
Listen at 4:42
Dubai has a long-term urban-planning vision
“They have a long-term urban planning vision”
Listen at 4:44
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
Dell Technologies
GitLab
Bloomberg L.P.Books & mentions
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