Dell Technologies (NYSE:DELL), JPMorgan Chase & Co. (NYSE:JPM) and Merck & Co. (NYSE:MRK) all touched fresh all-time highs on Thursday — with Dell hitting $514, JPMorgan reaching $366.50 and Merck climbing to $135.68, according to Benzinga Pro data.
Michael Dell’s Wealth Surges
- Michael Dell‘s net worth has soared, placing him as the fifth richest person globally. Thursday’s stock surge contributed to a $12.6 billion gain in a single day, with a year-to-date increase of $106 billion.
- This wealth boost is driven by his nearly 40% stake in Dell, a significant holding in Broadcom Inc. (NASDAQ:AVGO) and cash reserves. Dell’s stock performance has been a major contributor to his financial ascent.
Dell’s Breakthrough in Stock Performance
- Thursday’s trading saw Dell break through previous resistance levels, signaling a potential bullish trend. The stock’s movement past the $467 resistance level indicates that sellers have exited, potentially leading to further gains. Dell’s technical breakout suggests continued upward momentum.
Technical Analysis
Dell Technologies reached its highest close in available history at $494.51 on August 13, 2026. The company added approximately $40.67 billion in market cap over the past week, reflecting strong investor interest. Dell trades significantly above its moving averages, with a +17.53% gain over its 50-day SMA and a +116.73% gain over its 200-day SMA, indicating robust market performance.
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