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Dell's leveraged ETF surged nearly 950% after Trump's buy call and strong AI-driven earnings reports.

Market News
04 Jun 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

After President Trump's public endorsement of Dell in February 2026, Dell's stock rose significantly, driven by strong AI server revenue and orders. The GraniteShares 2x Long DELL Daily ETF (DLLL) returned nearly 950%, turning a $110,000 investment into about $1 million by June 2026, outperforming Dell's 264% stock gain due to daily leverage compounding. Dell's growth is fueled by booming AI demand, but margin compression below 18% is a key risk to watch. Future gains depend on stabilizing margins and continued AI order growth amid market volatility affecting leveraged ETF performance.

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