All articles tagged with #dell technologies
President Donald Trump opened the stock market from the Oval Office and urged buying Dell computers, triggering about a 7% rise in Dell Technologies shares; Dell’s Michael and Susan Dell attended with other officials as the Trump Accounts program for children was introduced, including a $1,000 Treasury contribution, and disclosures note Trump traded Dell stock in 2025.
President Trump promoted Dell Technologies from the White House after ringing the stock market opening bell to tout the Trump Accounts, a new tax-advantaged investment program for children, as Dell stock jumped more than 7%. The event, which included Dell CEO Michael Dell and other executives, featured pledges from SpaceX and major firms to match the government’s $1,000 contribution for babies born 2025–2028. The program aims to seed accounts for millions of children, with additional donations from various companies; Trump also noted his Dell stock trades disclosed in his 2025 financial filings.
Hewlett Packard Enterprise is set to report Q2 results as investors bet on an AI-led upswing similar to Dell’s blowout, backed by a record $5 billion AI systems backlog and AI shipments expected later in the year. The Juniper networking integration could differentiate HPE from Dell by boosting AI-related orders. Analysts are targeting about $9.8 billion in revenue and $0.53 EPS; a clean beat could push the stock through recent highs, while a miss could dampen the rally.
CoreWeave's stock (CRWV) rose after Dell delivered Nvidia's Vera Rubin NVL72 server rack to CoreWeave—the first deployment of the NVL72—while Michael Dell called the collaboration 'thrilled,' signaling strong demand for GPU-accelerated cloud infrastructure.
U.S. stock futures edged higher as investors weigh Iran’s tentative ceasefire terms against Dell’s booming AI-server sales, lifting peers like HPE and SMCI ahead of economic data and Fed speeches, while investors monitor Space stocks and regulatory headlines.
Michael Dell's net worth surged by about $34 billion on Dell's record-setting day, driven by a rally in Dell's stock, and he became wealthier than Mark Zuckerberg.
Jim Cramer says Dell Technologies’ blockbuster quarter rekindles enthusiasm for AI-driven data-center stocks, setting up a pivotal week as Nvidia’s Computex keynote could define sentiment; investors will watch upcoming reports from Palo Alto Networks, Broadcom, and CrowdStrike while biding time for Lululemon’s potential reset and a jobs report that could influence rate-cut expectations.
Stock futures point to a higher open as Dell leads gains after an AI-enabled earnings beat, inflation data show cooling signals, and oil slips amid talk of a U.S.–Iran deal. Retail results were mixed (American Eagle down, Gap down, Best Buy up) while a Trump Accounts investing app was announced for July 4, setting the stage for a brisk trading day after a positive week.
The article highlights the biggest premarket movers, including Dell Technologies, HP, AST SpaceMobile, and Gap, with additional names contributing to activity before the market opens.
Dell Technologies has surged (stock up ~179% in the past year, market value above $200B) after Michael Dell’s early engagement with President Trump, including a $9.7 billion Pentagon contract awarded to Dell Federal Systems and a record $6.25 billion gift for 25 million Trump Accounts. The move has raised questions about potential pay‑for‑play, even as the White House praises the philanthropy and Dell continues large donations to causes like a UT Austin medical campus.
Dell Technologies surged after fiscal Q1 beat estimates with $4.86 per share on $43.8 billion revenue, driven by explosive AI server growth and strength in the Infrastructure Solutions Group, and it raised its guidance for the next quarter and full year.
Dell Technologies won a five-year, $9.7 billion Pentagon contract (Core Enterprise Technology Agreement) to supply and manage Microsoft software across the U.S. military, intelligence agencies and Coast Guard, a competitive award announced weeks after Donald Trump praised the company at the White House. The deal is expected to save about $422 million annually by consolidating budgets, Dell shares rose on the news, and the arrangement comes amid heightened scrutiny of tech spending linked to Trump-era endorsements and Dell’s publicly disclosed holdings.
Dell Federal Systems won a five-year, roughly $9.7 billion Department of Defense contract to supply Microsoft 365, cloud services and on-premises licensing under a second-generation enterprise software agreement, with expected annual savings of about $422 million through consolidated licensing; the award followed a competitive process and comes amid public ties between Dell founder Michael Dell and Donald Trump, including a pledge to fund 'Trump accounts' for children.
Dell Technologies’ shares surged to a record after President Trump publicly urged Americans to “buy a Dell,” vaulting about 12–15% in a move tied to strong AI infrastructure demand and a hefty enterprise backlog. Analysts had already raised targets on the stock, and the rally occurs alongside the Dell family’s $6.25 billion pledge to “Trump Accounts,” with Dell set to report Q1 earnings May 28. The piece notes the endorsement accelerated a rally driven by fundamentals rather than being the sole catalyst.
Jim Cramer argues that Dell Technologies’ servers and Vertiv’s cooling solutions are foundational to AI deployment, framing both companies as key players in the AI infrastructure ecosystem.