Dell shares climbed 13.5% in afternoon trading after strong earnings and positive comments on AI-server demand, helping lift Nvidia more than 3% as investors assessed whether the recently volatile artificial-intelligence trade can stabilize. The S&P 500 rose modestly Wednesday, while bonds steadied after the 10-year Treasury yield reached its highest level since November 2023. Oil prices advanced following U.S.-Iran airstrikes, with Iran saying it had also attacked U.S. allies Jordan, Kuwait and Bahrain. Palo Alto Networks fell more than 10% despite reporting continued AI-driven growth prospects, prompting the CNBC Investing Club with Jim Cramer to raise its rating to 2, equivalent to hold, from 3, or sell into strength. Its price target had been raised to $400 from $380 on Tuesday evening. GE Vernova recovered from early losses after Bloomberg reported that an agreement was expected Wednesday to involve rebuilding Venezuela's deteriorated power grid and supporting several gigawatts of capacity. Broadcom's results were due after the close, alongside reports from Snowflake, Hewlett Packard Enterprise, NetApp, Five Below and PVH, while Ciena and Campbell's were scheduled before Thursday's open. Investors were also awaiting jobless claims, the S&P Global U.S. Services PMI and the ISM Services Index.