Dell shares are trading higher in reaction to Meta's increased capex guidance.
Portfolio Pulse from Benzinga Newsdesk
Dell shares are trading higher due to Meta's increased capital expenditure (capex) guidance, indicating a positive market reaction.
April 25, 2024 | 7:24 pm
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POSITIVE IMPACT
Dell shares are experiencing an uptick following Meta's announcement of increased capex guidance.
Dell's stock price is positively impacted by Meta's increased capex guidance as it suggests potential increased business for Dell, assuming Dell is a supplier or stands to benefit from Meta's spending.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80