
President Donald Trump’s latest pro-Dell remarks, made while promoting Trump Accounts and thanking Micron, pushed the shares sharply higher and renewed ethics scrutiny tied to his prior Dell purchases.
Dell Technologies shares rose sharply after President Donald Trump told people to "go buy Dell" while promoting the Trump Accounts savings program and thanking Micron. The stock gained more than 3% in early reaction and as much as 10% intraday, briefly adding more than $15.8 billion in market value, according to the newer report. Trump also repeated that Iran cannot have nuclear weapons and said U.S. relations with Venezuela and Iran are good. The latest surge extends a pattern of gains after Trump’s public endorsements of Dell, while also drawing scrutiny because his account previously bought $1 million to $5 million of Dell shares before an earlier endorsement.