How Dell’s AI Server Surge and Microsoft’s Pentagon Deal Powered Market Gains — Market Wrap May 29

7horns.ai Daily Briefing EN · May 29, 2026 · 5m

Today's AI insights from 7horns.ai highlight a broadly positive market close on May 29, 2026, with the Dow leading gains, up 0.72%, while the S&P 500 and Nasdaq also edged higher by 0.23% and 0.22%, respectively. The S&P 500 extended its winning streak to seven consecutive days and nine straight weeks, its longest since 2023, closing May up 5.15%. Microsoft surged 5.45% following a $9.69 billion Pentagon contract and upbeat AI revenue forecasts. Dell Technologies stole the spotlight, soaring 32.88% after reporting a staggering 757% year-over-year jump in AI-optimized server revenue, hitting…