Dell Technologies Inc. is an American multinational technology company headquartered in Round Rock, Texas. It was formed as a result of the September 2016 merger of Dell and EMC Corporation (which later became Dell EMC).
Dell’s products include personal computers, servers, smartphones, televisions, computer software, computer security and network security, as well as information security services. Dell ranked 35th on the 2018 Fortune 500 rankings of the largest United States corporations by total revenue.
All three major U.S. stock indexes ended the week higher than last Friday’s close, which represents the fifth consecutive weekly gains for the S&P 500 and the Nasdaq.
Previously underperforming DELL and VMW stocks got massive boosts as Dell considers options for its $50 billion stake in VMware. Dell stock added over 18% after hours, while VMware shares gained nearly 9%.
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