President Trump is undefeated in the stock market.
On May 8th, President Trump told everyone to "go out and buy a Dell."
19 days later, on May 27th, Dell was awarded a $9.7B contract with the US Pentagon.
Today, Dell, $DELL, reported stronger than expected earnings and the stock surged +30%.
Dell's stock is now up +80% since May 8th, adding +$120 BILLION in market cap.
Truly unprecedented.
BREAKING: Iran directly rejects Trump's claim that Hormuz "will be opened" as part of a "largely negotiated" agreement he just posted on Truth Social, saying Trump's claim is "far from the truth" and that Hormuz "will remain under Iranian management" with Iran retaining exclusive permanent authority over route, timing, method, and permits, per Fars.
Iran also confirms the nuclear file has not been discussed and that American officials themselves have told Iran in multiple messages that "Trump's tweets are primarily for domestic American propaganda and media consumption" and "should be disregarded." The "largely negotiated" deal claim therefore has no basis.
BREAKING: President Trump says an agreement with Iran has been “largely negotiated” and will be announced shortly.
Trump says the Strait of Hormuz will be reopened under the agreement.
NVIDIA, $NVDA, EARNINGS SUMMARY:
1. Record quarterly revenue of $81.6 billion, above expectations
2. Q1 adjusted EPS of $1.87, above expectations
3. Q2 revenue guidance of $89.2 billion to $92.8 billion, above expectations
4. New $80 billion share buyback authorization
5. Increase in dividend from $0.01/share to $0.25/share
6. Total revenue growth of +1,035% over the last 3 years
Once again, Nvidia has crushed just about every expectation possible.
The AI Revolution is on fire.
BREAKING: SpaceX is proposing to spend $55 billion to begin construction of Terafab, Elon Musk's new semiconductor production facility in Texas.
The estimated total capital investment could rise to $119 billion if additional phases of the project are completed.