Dell Technologies Option Alert: Apr 11 $91 Puts at the Bid: 2100 vs 66 OI; Earnings 5/29 After Close [est] 

Dell Technologies Option Alert: Apr 11 $91 Puts at the Bid: 2100 @ $2.5 vs 66 OI; Earnings 5/29 After Close [est] Ref=$91.92

Dell Technologies Option Alert: Nov 21 $90 Puts at the Ask: 400 vs 10 OI; Earnings 5/29 After Close [est] 

Dell Technologies Option Alert: Nov 21 $90 Puts at the Ask: 400 @ $12.6 vs 10 OI; Earnings 5/29 After Close [est] Ref=$90.83

Dell Technologies Option Alert: Jan, 2027 $75 Puts at the Bid: 800 vs 350 OI

Dell Technologies Option Alert: Jan, 2027 $75 Puts at the Bid: 800 @ $11.75 vs 350 OI; Ref=$92.47

Dell Technologies Option Alert: Jan, 2027 $75 Puts Sweep (28) near the Bid: 436 vs 350 OI

Dell Technologies Option Alert: Jan, 2027 $75 Puts Sweep (28) near the Bid: 436 @ $11.75 vs 350 OI; Ref=$92.26

Dell Technologies Option Alert: Dec, 2027 $70 Puts at the Bid: 580 vs 1 OI

Dell Technologies Option Alert: Dec, 2027 $70 Puts at the Bid: 580 @ $12.4 vs 1 OI; Ref=$91.725

Dell Technologies Option Alert: Jan 16 $80 Puts at the Bid: 800 vs 4964 OI

Dell Technologies Option Alert: Jan 16 $80 Puts at the Bid: 800 @ $8.85 vs 4964 OI; Ref=$91.65

Dell Technologies Option Alert: Jun 20 $95 Puts at the Bid: 600 vs 5744 OI

Dell Technologies Option Alert: Jun 20 $95 Puts at the Bid: 600 @ $8.6 vs 5744 OI; Ref=$94.445

Dell Technologies Option Alert: May 16 $110 Calls at the Bid: 5000 vs 1583 OI

Dell Technologies Option Alert: May 16 $110 Calls at the Bid: 5000 @ $2.0 vs 1583 OI; Ref=$98.88

Dell Technologies Option Alert: Jul 18 $100 Puts at the Bid: 700 vs 1700 OI

Dell Technologies Option Alert: Jul 18 $100 Puts at the Bid: 700 @ $9.55 vs 1700 OI; Ref=$99.44

Dell Technologies Option Alert: Jun 20 $90 Puts at the Bid: 2500 vs 11597 OI

Dell Technologies Option Alert: Jun 20 $90 Puts at the Bid: 2500 @ $4.5 vs 11597 OI; Ref=$99.7

Dell Technologies (NYSE:DELL) Bolsa

Dell Technologies

Dell Inc.

NASDAQ

Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium and commercial personal computers and enterprise on-premises data center hardware. It holds top-three market shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales.

Mark Zuckerberg Teams Up With T-Pain For A Jaw-Dropping 'Get Low' Cover — Prepare For The Z-Pain Experience You Didn't Know You Needed

News

Markets

Tech

DELL

GOOG

GOOGL

MSFT

NVDA

SNOW

Un documento judicial revela que Meta gana dinero con Llama AI, contradiciendo su postura oficial. ¿Cómo afecta esto a la empresa?

Meta monetiza en secreto sus modelos Llama AI: la verdad detrás de los acuerdos de ingresos

Nvidia’s AI Lead Is Critical

Equities

CSCO

ORCL

EE. UU. y China compiten por el liderazgo en la IA. Nvidia y Cisco revelan cómo las empresas deben adaptarse a esta nueva era tecnológica.

NVIDIA y Cisco advierten sobre la revolución de la IA: ¿qué impacto tendrá en las empresas?

green chart shutter

Analyst Color

Large Cap

Mid Cap

Price Target

Economics

ALGN

DECK

FSLR

NCLH

SMCI

SNPS

TSLA

¿Es el momento de comprar? Descubre las acciones con mayor potencial de alza según los analistas, incluyendo Tesla, Nvidia y más.

Acciones con mayor potencial de subida en 2025: ¿Cómo se comparan Nvidia (NVDA) y Tesla (TSLA)?

Dell Technologies Inc. Class C Common Stock

Dell Technologies Inc

Super Micro Computer Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares are tanking in Tuesday&#8217;s after-hours session after the company reported preliminary results for its <a href="https://www.benzinga.com/pressreleases/25/04/b45084091/supermicro-provides-third-quarter-fiscal-2025-business-update-and-preliminary-financial-results">fiscal third quarter</a>.
What Happened: Super Micro reported weak preliminary results for the third quarter after market close, citing delayed customer platform decisions that moved sales into the fourth quarter.
The company now expects to report third-quarter revenue of $4.5 billion to $4.6 billion, down from prior guidance of $5 billion to $6 billion. Super Micro also expects third-quarter adjusted earnings to be in the range of 29 cents to 31 cents per share, down from prior guidance of 46 cents to 62 cents per share. 
Super Micro further noted that GAAP and non-GAAP gross margin for the third quarter was 220 basis points lower than the second quarter, primarily due to &#8220;higher inventory reserves resulting from older generation products and expedite costs to enable time-to-market for new products.&#8221;
One bright spot from the release is that new generation product designs were &#8220;robust,&#8221; the company said.
Super Micro will report audited results for the <a href="https://www.benzinga.com/calendars/earnings">third quarter</a> after the market close on May 6. Company executives will further discuss the shortfall on a conference call scheduled for 5 p.m. ET that day. 
<a href="http://benzinga.com/quote/smci">Super Micro Computer shares</a> were down 16.64% after hours, trading at $30.05 at the time of publication Tuesday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Other chip companies were facing selling pressure following the preliminary release, including NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), down 1.84%; Micron Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), down 1.86% and Dell Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), down 4.87% at $89.21 for after-hours Tuesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/04/45033025/nvidia-faces-new-challenge-as-huawei-tests-powerful-ascend-910d-ai-chip-amid-us-sanctions-aiming-to-disrupt-high-end-market-report">Nvidia Faces New Challenge As Huawei Tests Powerful Ascend 910D AI Chip Amid US Sanctions, Aiming To Disrupt High-End Market: Report</a></li>
</ul>
Photo: <a href="https://www.shutterstock.com/g/jackpress">jackpress</a>/Shutterstock.

Earnings

Guidance

After-Hours Center

Movers

Super Micro Computer Stock Is Tanking After Hours: What's Fueling The Sell-Off?

WIIM

Dell shares are trading lower in sympathy with Super Micro Computer, which cut its preliminary guidance.

Dell Technologies's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) short percent of float has risen 29.14% since its last report. The company recently reported that it has 20.05 million shares sold short, which is 6.16% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.52 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Dell Technologies Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1745938830_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Dell Technologies has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Dell Technologies's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Dell Technologies's peer group average for short interest as a percentage of float is 9.58%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Is the Market Bullish or Bearish on Dell Technologies?

Evercore ISI Group analyst Amit Daryanani maintains Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) with a Outperform and lowers the price target from $145 to $120.

Analyst Ratings

Evercore ISI Group Maintains Outperform on Dell Technologies, Lowers Price Target to $120

AAOI

AKAM

ANET

CALX

COHR

FLEX

KEYS

LITE

MRIN

NTAP

NVTS

OKTA

PSTG

TWLO

ZBRA

Shares of companies in the broader tech sector are trading higher amid overall market strength due to March's strong durable goods orders economic data, and President Trump's announcement that he met with China earlier today. Also, the industry may be moving up ahead of Alphabet's earnings report scheduled for after market close.

On Wednesday, Sen. Elizabeth Warren (D-Mass.) requested answers from Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) CEO Tim Cook, citing a <a href="https://www.benzinga.com/24/11/42158580/how-tim-cooks-strategy-to-win-over-trump-gave-apple-a-competitive-edge-and-why-sundar-pichai-mark-zuckerberg-and-others-might-be-following-his-playbook">pattern of "influence-peddling"</a> between the iPhone-maker and the Donald Trump administration over the trade negotiations with China.
What Happened: In a letter to Cook that was obtained by Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-04-23/apple-ceo-tim-cook-urged-by-elizabeth-warren-to-disclose-trump-tariff-talks">News</a>, Warren questioned Apple CEO's involvement in <a href="https://www.benzinga.com/25/04/44778464/trump-administration-grants-tariff-reprieve-to-tech-industry-apple-and-nvidia-among-beneficiaries">securing tariff exemptions</a> on Apple products after Trump threatened to impose duties as high as 145% on Chinese imports.
These tariffs, if enacted, would have severely impacted Apple's supply chain and profit margins. Previously, Wedbush analyst Dan Ives said that iPhones manufactured in the U.S. could cost as much as $3,500, more than <a href="https://www.benzinga.com/markets/equities/25/04/44728758/trumps-tariffs-could-push-apple-iphone-prices-to-a-staggering-3500-says-top-analyst">three times the current price</a>.
Read Next: <a href="https://www.benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it">Charlie Munger Once Said Warren Buffett Is A &#8216;Learning Machine&#8217; And That&#8217;s What Lies Beneath Berkshire Hathaway&#8217;s Success From One Decade To Another</a>
&#8220;I write regarding my concerns about the extent to which you &#8216;went to work behind the scenes&#8217; to obtain special exemptions from President Trump's new tariffs earlier this month,&#8221; Warren wrote in the letter.&nbsp;
"The circumstances surrounding Apple's exemptions raise fresh concerns about influence-peddling by huge well-connected corporations, and their ability to gain special favors from President Trump," she stated.
Adding, "At best, your work to eliminate the tariffs on Apple products, and President Trump's subsequent decision to exempt certain Apple products, creates the appearance of impropriety."
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
The senator cited reports that Cook had private discussions with Trump administration officials shortly before electronics—including iPhones—were excluded from the tariff list.
She also mentioned <a href="https://www.benzinga.com/25/01/42801809/apple-ceo-tim-cook-reportedly-donates-1-million-to-trump-inauguration-joins-ranks-of-mark-zuckerberg-jeff-bezos-and-sam-altman">Cook's $1 million donation</a> to Trump's inauguration committee.
"In light of these reports, we write to request more information about your attempts to influence Trump Administration officials," she added, asking for a timeline of Apple's conversations with federal officials and when the company learned it would be exempted.
Apple did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga&#8217;s</a> request for comments.
Why It's Important: Earlier, it was reported that Cook and U.S. Commerce Secretary Howard Lutnick discussed how <a href="https://www.benzinga.com/25/04/44882019/apple-ceo-tim-cooks-dialogue-with-commerce-secretary-lutnick-secured-tariff-exemption-for-iphones-and-electronics-report">Trump tariffs could affect iPhone prices</a>.
The report came after the Trump administration waived import duties on electronic devices produced in China. This move benefited Apple and also provided respite to companies like HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) and Dell (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>).
Last year, Cook revealed that Apple's decision to manufacture in China wasn't because of cheap labor, as most people assume.
Price Action: Apple shares rose 2.43% on Wednesday, closing at $204.60. Despite the daily gain, the stock remains down 16.10% year-to-date, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Apple currently holds a growth score of 45.08% in the <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a>. Click here to see how it compares with other leading tech stocks.
Photo Courtesy: David Garcia on Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/personal-finance/24/07/39842841/charlie-munger-said-getting-rich-is-harder-than-ever-but-heres-the-beauty-of-it-you-only-have-to" target="_blank" rel="noreferrer noopener">Charlie Munger Said Getting Rich Is Harder Than Ever, But Here's ‘The Beauty Of It' — You Only Have To Do It Once</a></li>
</ul>

AAPL

Elizabeth Warren Slams Tim Cook Over Alleged Backdoor Deal With Trump To Shield Apple From Crushing China Tariffs: 'Creates The Appearance Of Impropriety'

Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) has outperformed the market over the past 5 years by 20.59% on an annualized basis producing an average annual return of 33.97%. Currently, Dell Technologies has a market capitalization of $62.60 billion. 
Buying $100 In DELL: If an investor had bought $100 of DELL stock 5 years ago, it would be worth $438.54 today based on a price of $89.70 for DELL at the time of writing.
<h3>Dell Technologies's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1745442013_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

Whales with a lot of money to spend have taken a noticeably bullish stance on Dell Technologies.
Looking at options history for Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) we detected 41 trades.
If we consider the specifics of each trade, it is accurate to state that 56% of the investors opened trades with bullish expectations and 36% with bearish.
From the overall spotted trades, 23 are puts, for a total amount of $1,554,614 and 18, calls, for a total amount of $1,137,458.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $45.0 to $200.0 for Dell Technologies during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Dell Technologies's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Dell Technologies's whale trades within a strike price range from $45.0 to $200.0 in the last 30 days. 
<h3>Dell Technologies Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1745438437_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DELL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$28.9</td>
<td>$27.1</td>
<td>$28.26</td>
<td>$115.00</td>
<td>$279.6K</td>
<td>1.0K</td>
<td>200</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$12.05</td>
<td>$11.9</td>
<td>$12.05</td>
<td>$85.00</td>
<td>$241.0K</td>
<td>2.7K</td>
<td>226</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$1.34</td>
<td>$1.16</td>
<td>$1.33</td>
<td>$100.00</td>
<td>$199.5K</td>
<td>11.7K</td>
<td>2.0K</td>
</tr>
<tr>
<td>DELL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/19/25</td>
<td>$11.7</td>
<td>$11.7</td>
<td>$11.7</td>
<td>$90.00</td>
<td>$181.2K</td>
<td>3.5K</td>
<td>253</td>
</tr>
<tr>
<td>DELL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$66.15</td>
<td>$63.8</td>
<td>$64.75</td>
<td>$155.00</td>
<td>$129.5K</td>
<td>18</td>
<td>20</td>
</tr>
</tbody>
</table>

<h3>About Dell Technologies</h3>
Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium and commercial personal computers and enterprise on-premises data center hardware. It holds top-three market shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales.
<h3>Dell Technologies's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 7,133,272, the DELL's price is up by 5.54%, now at $88.74. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 36 days.</li>
</ul>
<h3>What The Experts Say On Dell Technologies</h3>
2 market experts have recently issued ratings for this stock, with a consensus target price of $106.5.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Dell Technologies, targeting a price of $108. 
&#x2A; An analyst from Citigroup persists with their Buy rating on Dell Technologies, maintaining a target price of $105. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Dell Technologies, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Looking At Dell Technologies's Recent Unusual Options Activity

ACMR

AEVA

ALAB

ALGM

AOSL

CAMT

CEVA

CIEN

COMM

CRDO

CRSR

DOCN

ENTG

FARO

FORM

GDDY

GLOB

ICHR

LDTC

LOGI

LRCX

LSCC

Maxeon Solar Technologies, Ltd. - Ordinary Shares

MAXN

MAWSON INFRSTRUCTURE GRP by Mawson Infrastructure Group Inc.

MIGI

MKSI

MOVE

MTSI

NVMI

NXPI

ONTO

PRSO

RGTI

RMBS

SELX

SHOP

SITM

SMTC

SYNA

TSSI

UCTT

VNET

Shares of companies within the broader technology sector are trading higher amid overall market strength after President Trump said he had no intention of firing Fed Chair Powell. Additionally, Trump indicated the final tariff rate would be less than the current 145% but not 0%.

ADSK

ASML

DDOG

DOCU

HUBS

INTC

INTU

MCHP

MRVL

NTNX

PANW

SOUN

TEAM

WDAY

Shares of tech stocks are trading higher after Treasury Secretary Scott Bessent reportedly said he expects de-escalation with China. A de-escalation with China could alleviate trade and supply chain uncertainty in the sector.

ADBE

CRWD

FFIV

JNPR

Shares of stocks in the broader tech sector are trading lower amid overall market weakness amid President Trump's criticism of Fed Chair Powell.

In a recent dialogue with U.S. Commerce Secretary Howard Lutnick, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) CEO Tim Cook reportedly discussed the potential ramifications of President Donald Trump&#8216;s tariffs on iPhone prices.
What Happened: Cook held a discussion last week with the Commerce Secretary about the possible impact of the tariffs on iPhone prices. Cook also engaged in talks with other senior White House officials, according to a <a href="https://www.washingtonpost.com/business/2025/04/17/apple-iphone-tariff-exemption-trump/">report</a> by The Washington Post. As a result of this conversation, the Trump administration has agreed to exempt Apple&#8217;s China-produced electronic products from import duties.
Despite the widespread criticism of President Donald Trump&#8216;s trade policies by numerous executives, Cook chose not to do so. By the end of the week, the Trump administration decided to exempt import duties on electronic products that Apple manufactures in China. This decision also benefited other major U.S. firms like HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) and Dell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NASDAQ">DELL</a>).
Notably, the exemption was approved even though senior White House aide Peter Navarro had recommended keeping the taxes in place.
Wilbur Ross, former commerce secretary during Trump's first term, told the publication, &#8220;Tim has a very good relationship with the president and rightly so. He has been playing a very careful role in that he obviously has a huge dependency on China but is also hugely important to the U.S.&#8221;
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/25/04/44869983/a-small-business-owner-asks-whats-your-plan-now-that-a-20-product-from-china-costs-50-before-it-even-hits-th" target="_blank" rel="noreferrer noopener">A Small Business Owner Asks, &#8216;What&#8217;s Your Plan,&#8217; Now That A $20 Product From China Costs $50 Before It Even Hits The Warehouse?</a>
Why It Matters: Apple shares climbed over 2% on Monday after Trump exempted tariffs on electronics on Friday and pushed the company's market cap back more than $3 trillion. After the exemption, Trump stated, "I helped Tim Cook, recently, and that whole business,&#8221; reported CNBC.
The Apple CEO also invested $500 billion in the U.S. in March for an AI push, boosting U.S. manufacturing tech after a discussion with President Trump.
Prior to this development, Apple had been preparing for the <a href="https://www.benzinga.com/25/04/44781528/apples-preemptive-iphone-stockpile-could-disrupt-supply-chain-amid-looming-semiconductor-tariffs-warns-top-analyst-says-this-may-be-cupertinos-best-option-beyond-white-house-talks">potential impact </a>of tariffs on its supply chain. Top analyst Ming-Chi Kuo had warned that Apple&#8217;s supply chain could face significant disruptions due to the tariffs.
Interestingly, Cook had <a href="https://www.benzinga.com/markets/25/04/44783543/when-tim-cook-revealed-the-real-reason-iphones-are-made-in-chinaand-its-not-low-labor-costs-china-stopped-being-a-low-wage-country-years-ago">previously clarified</a> that Apple&#8217;s decision to manufacture its products in China was not due to low labor costs. In a 2024 video, Cook stated, &#8220;China stopped being a low labor cost company many years ago.&#8221; This tariff exemption will allow Apple to continue its manufacturing operations in China without the added cost of import duties.
According to&nbsp;Benzinga Edge Rankings,&nbsp;Apple is unfavorable in the short, medium, and long term, but how does it compare with other tech stocks? Check out&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock rankings</a>&nbsp;today to learn more.
Over the past month, Apple stock declined by over 7.4%, according to data from <a href="http://pro.benzinga.com">Benzinga Pro.</a>
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/44877231/ethereum-price-plunges-to-2018-levels-what-is-going-on" target="_blank" rel="noreferrer noopener">Ethereum Price Plunges To 2018 Levels: What Is Going On? &#8211; Benzinga</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tim Cook's Talks With Commerce Secretary Lutnick Helped Apple Secure Tariff Exemption For iPhones: Report

Rosenblatt analyst Kevin Cassidy reiterated the Buy rating on Penguin Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENG#NASDAQ">PENG</a>),<a target="_blank" href="https://www.benzinga.com/quote/PENG/analyst-ratings" rel="noreferrer noopener"> with a price forecast of $27</a>.
Cassidy shared a positive takeaway following recent investor meetings with the leadership team at Penguin Solutions, including CEO Mark Adams, CFO Nate Olmstead and Investor Relations Manager Suzanne Schmidt.
The analyst writes that the discussions strengthened confidence in the growing demand for Penguin's software and services within the enterprise market.
According to management, one of the key advantages of Penguin's software lies in its ability to anticipate GPU failures while maintaining high GPU utilization levels of around 95%.
Also Read: <a target="_blank" href="https://www.benzinga.com/etfs/sector-etfs/25/04/44868472/pillar-of-americas-cyber-security-lost-funding-temporarily-what-investors-should-know-about-cve-program-funding-extension" rel="noreferrer noopener">Pillar Of America&#8217;s Cyber Security Lost Funding Temporarily: What Investors Should Know About CVE Program, Funding Extension</a>
The analyst highlighted Penguin's extensive experience—over 25 years in high-performance computing (HPC) and artificial intelligence (AI)—as a major asset, especially as large corporations, including Fortune 500 companies, move toward developing their own on-premise AI systems.
In addition to its software capabilities, Cassidy writes that the company's custom memory solutions are gaining traction. He noted that demand for these products is rising, with expected growth of 20% to 30% this year.
This growth is driven by AI's increasing need for high-density, high-performance memory—an area where Penguin's Smart Modular brand has built a solid reputation over nearly four decades.
The analyst noted that, according to Penguin Solutions&#8217; management, a growing number of customers are beginning to recognize a clear path to achieving a return on investment (ROI) from their AI initiatives.
Many of these organizations lack the necessary expertise in data center infrastructure, which is where Penguin comes in as a strategic enabler.
Penguin's offerings help bridge this gap by supporting the deployment of complex AI systems on-premises, especially for customers with limited experience managing such infrastructure, Cassidy notes.
The company is collaborating with SK Telecom Co., Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKM#NYSE">SKM</a>) and providing solutions for emerging neocloud players, such as Voltage Park, helping them build scalable AI infrastructure.
Additionally, Penguin is working with Celestial AI, which specializes in optical memory technologies, and has engagements with major companies like Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) and Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) —the latter focuses on facilitating last-mile delivery of enterprise AI solutions.
On top of that, Cassidy adds that Penguin is in discussions with a leading systems integrator, which, if finalized, could further expand its reach in enterprise and cloud markets.
Penguin Solutions' management believes that the most significant impact of tariffs will likely be on end-user demand rather than directly on their operations, says Cassidy.
Price Action: PENG shares are trading lower by 3.22% to $15.91 at last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44859945/whistleblower-alleges-doge-involved-in-major-cybersecurity-breach-at-us-labor-agency" target="_blank" rel="noreferrer noopener">Whistleblower Says DOGE May Have Caused Major Cybersecurity Breach At US Labor Agency</a></li>
</ul>
Photo: Shutterstock

General

Penguin Solutions, Inc. - Ordinary Shares

PENG

Penguin's Memory Solutions Poised For 20%-30% Growth, Analyst Eyes Soaring AI Demand, Key Partnerships

Investment advisor Ross Gerber is calling out what he sees as unfair treatment in President Donald Trump&#8217;s tariff policy, accusing the administration of protecting corporate giants while leaving small businesses to suffer.
&#8220;So all the small businesses get to struggle and go [bankrupt] while Trump makes exceptions for most other Chinese imports from the [Magnificent] 7,&#8221; Gerber <a href="https://x.com/GerberKawasaki/status/1911086217044918298">posted</a> on X. &#8220;This is not only absurd, but just wrong. It's the art of the steal.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">So all the small businesses get to struggle and go BK while Trump makes exceptions for most other Chinese imports from the mag 7. This is not only absurd, but just wrong. It's the art of the steal.
&mdash; Ross Gerber (@GerberKawasaki) <a href="https://twitter.com/GerberKawasaki/status/1911086217044918298?ref_src=twsrc%5Etfw">April 12, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Don't Miss:
<ul>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
<li>Invest in the future of digital engagement: <a href="https://www.benzinga.com/money/vatom-adv">Own a piece of the $100 billion Metaverse for just $500</a>.</li>
</ul>
<h2 class="wp-block-heading">Big Tech Gets a Break</h2>
Gerber&#8217;s frustration followed news that the Trump administration had <a href="https://www.benzinga.com/25/04/44778464/trump-administration-grants-tariff-reprieve-to-tech-industry-apple-and-nvidia-among-beneficiaries">granted tariff exemptions</a> for smartphones, laptops and other electronics — a major win for tech firms like Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>). These products had been subject to steep import taxes as part of Trump's aggressive trade crackdown on China.
U.S. Customs and Border Protection listed the exemptions late Friday, applying retroactively from April 5. The list included semiconductors, memory chips and flat-panel displays—all critical components for companies in the so-called &#8220;Magnificent 7,&#8221; a group of high-performing tech stocks.
<h2 class="wp-block-heading">Small Businesses Say They're Getting Crushed</h2>
Critics say the carveouts expose a double standard. &#8220;Tariffs against big-tech Apple: ZERO. Tariffs against Mom-and-Pop Main Street businesses: 145%,&#8221; <a href="https://x.com/acedawg22/status/1911127552489369807">posted</a> a person in response to Gerber. Another user wrote: &#8220;Let them eat cake!&#8221;
Trending: With shares starting at $1.52, <a href="https://www.benzinga.com/money/how-a-10k-bet-on-health-care-originals-could-have-skyrocketed-your-portfolio">this could be your chance to invest in the future of healthcare</a>.
In an April 4 <a href="https://www.youtube.com/watch?v=zLnX1SQfgJI">interview</a> with Tucker Carlson, Treasury Secretary Scott Bessent argued the stock drop wasn't Trump's fault. &#8220;If I were to analyze&#8230; what's happening with the market, I'd say it's more a Mag 7 problem, not a MAGA one,&#8221; Bessent said, blaming the downturn on China's new AI tool, <a href="https://www.benzinga.com/topic/deepseek">DeepSeek</a>, rather than the president's economic policies.
But many economists and even Federal Reserve officials disagree, pointing to the market chaos and inflation fears triggered by Trump's escalating tariff war. Consumer confidence has plunged, and the S&amp;P 500 has seen its wildest swings since the 2020 pandemic.
<h2 class="wp-block-heading">Relief Might Not Last</h2>
Any relief for tech companies could be short-lived. On Sunday, Trump posted that the excluded products were still subject to the existing 20% fentanyl-related tariffs and would be reassigned under a new national security investigation.
&#8220;There was no tariff &#8216;exception&#8217;,&#8221; Trump wrote on <a href="https://truthsocial.com/@realDonaldTrump/posts/114332337028519855">Truth Social</a>. &#8220;These products are just moving to a different tariff &#8216;bucket.'&#8221;
See Also: Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.60 per share now</a>.
Commerce Secretary Howard Lutnick confirmed the administration plans to impose new duties within two months targeting semiconductors, smartphones and computers. &#8220;These are things that are national security, that we need to be made in America,&#8221; Lutnick told <a href="https://www.youtube.com/watch?v=cYGb2Sgy_Vk">ABC News</a>.
Critics like Sen. Elizabeth Warren (D-MA) blasted the administration's inconsistent moves. &#8220;There is no tariff policy — only chaos and corruption,&#8221; she <a href="https://www.youtube.com/watch?v=eTNcjSsxBVY">said</a> Sunday on ABC's &#8220;This Week.&#8221;
<h2 class="wp-block-heading">Market Mayhem</h2>
The on-again, off-again nature of Trump's tariff strategy has sent <a href="https://www.benzinga.com/25/04/44774499/wall-street-panic-extends-to-main-street-as-us-china-trade-war-escalates-bond-vigilantes-make-a-comeback-this-week-in-markets">shock waves</a> through the economy. Investors have dumped bonds, the <a href="https://www.benzinga.com/markets/equities/25/04/44768702/foreigners-dump-the-dollar-gold-and-yen-act-as-safe-haven-jpmorgan-helps-stock-market-cooler-ppi">dollar has slumped</a> and gold has hit record highs. China, meanwhile, slapped a <a href="https://www.benzinga.com/markets/25/04/44756353/xi-jinping-says-there-are-no-winners-in-tariff-war-as-china-slaps-125-tariffs-on-us-goods-urges-trump-to-immediately-correct-wrongdoings">125% retaliatory tariff on U.S. goods</a> and warned that any future hikes would be ignored.
Despite the turbulence, Bessent insisted the administration maintains a &#8220;strong-dollar policy&#8221; and dismissed suggestions that tariffs are a backdoor attempt to devalue the currency.
Read Next:
<ul>
<li>BlackRock is calling 2025 the year of alternative assets. <a href="https://www.benzinga.com/money/masterworks">One firm from NYC has quietly built a group of 60,000+ investors who have all joined in on an alt asset class previously exclusive to billionaires like Bezos and Gates.</a></li>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
</ul>
Image: Shutterstock

'Art Of The Steal'—Ross Gerber Says Small Businesses Get To 'Go Bankrupt' While Trump Makes Exceptions For MAG 7 Chinese Imports

JP Morgan analyst Samik Chatterjee maintains Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) with a Overweight and lowers the price target from $150 to $108.

JP Morgan Maintains Overweight on Dell Technologies, Lowers Price Target to $108

AEIS

AIRE

ARBB

ASAN

BNZI

CDNS

CHKP

DGLY

DGNX

FTNT

IFBD

INFY

INTA

IPGP

IVDA

MLGO

NTRP

OLED

PONY

QBTS

RBRK

RCAT

SGMA

TRMB

Shares of companies within the broader tech sector are trading lower after Fed Chair Powell made remarks at the Economic Club. Also, the broader tech industry may be weighed down by NVIDIA after the United States informed the company that it may require a license to export chips to China

Comments

Dell Technologies

Unusual Options Activity for

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
11:32 AMApr 01, 2025	PUT	$91.00	Apr 11, 2025	-20	2104	2100	3188	66	TRADE	BULLISH
02:38 PMMar 31, 2025	PUT	$90.00	Nov 21, 2025	204	423	400	4230	10	TRADE	BEARISH
03:13 PMMar 28, 2025	PUT	$75.00	Jan 15, 2027	624	1506	800	430	350	TRADE	NEUTRAL
02:21 PMMar 28, 2025	PUT	$75.00	Jan 15, 2027	624	438	436	125	350	SWEEP	BULLISH
01:54 PMMar 28, 2025	PUT	$70.00	Dec 17, 2027	960	580	580	58000	1	TRADE	NEUTRAL
01:11 PMMar 28, 2025	PUT	$80.00	Jan 16, 2026	260	801	800	16	4964	TRADE	BULLISH
12:04 PMMar 27, 2025	PUT	$95.00	Jun 20, 2025	50	634	600	11	5744	TRADE	BULLISH
03:43 PMMar 25, 2025	CALL	$110.00	May 16, 2025	15	10324	5000	652	1583	TRADE	NEUTRAL
01:01 PMMar 25, 2025	PUT	$100.00	Jul 18, 2025	78	702	700	41	1700	TRADE	BULLISH
10:37 AMMar 25, 2025	PUT	$90.00	Jun 20, 2025	50	3005	2500	26	11597	TRADE	BULLISH