Dell stock rises 7.8% after Trump endorsement

Shares of Dell Technologies surged on Monday, July 6, 2026, after President Donald Trump publicly encouraged Americans to purchase the company's computers during a White House event. The stock rose as much as 7.8 percent in intraday trading, adding billions to its market value.

The president made the remarks while remotely ringing the opening bell for the day's trading session from the Oval Office. He was marking the launch of Trump Accounts, a new savings program for children that includes a $1,000 contribution from the Treasury Department for babies born between 2025 and 2028. Trump praised Dell founder Michael Dell and his wife, Susan, who have pledged $6.25 billion to the initiative. "Go out and buy a Dell computer," Trump said. "Michael and Susan Dell, they are truly incredible."

He added that he intended to recoup their donation, stating, "We're going to get him that money back one way or the other and then I'll ask for another $6 billion. We'll start the whole process all over again." The event was attended by a roster of Wall Street executives and officials, including Treasury Secretary Scott Bessent, New York Stock Exchange President Lynn Martin, and Senator Ted Cruz of...