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Dell, Best Buy Stocks Bounce After Brutal Tariff-Driven Selloff
DELLDell Technologies(DELL) Schaeffers Investment Research·2025-04-14 16:30

Tech and electronics stocks are charging higher to kick off the week, following a temporary exemption from President Donald Trump’s reciprocal tariffs. Best Buy Co Inc (NYSE:BBY) and Dell Technologies Inc (NYSE:DELL) are among the biggest beneficiaries, both rallying on news that smartphones, computers, and key components like semiconductors will be excluded from the latest round of trade duties, returning to just the 20% tariff related to the fentanyl crisis. The White House’s move appears to have sparked ...