Dell Technologies (NYSE:DELL) stock hit an all-time high of $263.99 on Friday, May 8, surging as much as 14.6% intraday after President Donald Trump used a Mother’s Day event at the White House to thank the Dell family by name and tell Americans to “go out and buy a Dell.” (1)
Company shares closed at $260.46, up roughly 12%, capping its best week in more than two years. DELL is now up 107% year-to-date. (1, 2)
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The endorsement comes five months after Michael and Susan Dell pledged $6.25 billion to fund “Trump Accounts” — one of the largest philanthropic commitments to a sitting president’s signature program in recent memory. (3)
A massive contribution
On Dec. 2, 2025, the Dells announced they would deposit $250 into investment accounts for 25 million American children age 10 and under, targeting kids in ZIP codes with median family incomes of $150,000 or less. (3, 4) The pledge is more than double than the Dells’ total reported giving since 1999. (4)
The donations will flow into Trump Accounts, a federal wealth-building program created under the “One Big Beautiful Bill Act” that launches July 4, 2026. The Treasury Department will seed $1,000 into accounts for U.S. citizen children born between January 2025 and December 2028; the Dells’ contribution gives $250 to kids born before that cutoff who otherwise wouldn’t qualify. (3, 4)
Link: https://finance.yahoo.com/markets/stocks/articles/dell-family-gave-6-25b-173000510.html