Dell's AI-Driven Earnings Surge Boosts Stock 39%, Benefits Trump Investment
By
Bruce Gil
Hand-rolled, kettle-boiled, baked to perfection. Worth every minute at the bakery.
Summary
Dell reported blockbuster first fiscal quarter earnings with revenue jumping 88% year over year to $43.8 billion, driven by the AI boom and a boost from President Donald Trump. The results blew past Wall Street expectations, sending Dell's stock soaring 39%. The article notes that Trump personally benefited from this surge due to his investment in Dell shares.
Key quotes
· 3 pulledDell reported blockbuster first fiscal quarter earnings this week, with revenue jumping 88% year over year to $43.8 billion for the three months ending May 1.
The report blew past Wall Street expectations and sent Dell's stock soaring 39% on Thursday.
Fortunately for Trump, he conveniently bought millions of dollars' worth of shares in Dell
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