The stock market as always been about whatever is the fad in the short term, and whatever produces value in the long term. Today AI is the fad, but investors who care about fundamentals have always cared about pleasing customers because that is where the real value has always come from. (though be careful - not all customers are worth having, some wannabe customers should not be pleased)

As someone pointed out, Dell is 50% owned by Michael Dell. So it's less influenced by this paradigm.

The will of the stock market doesn't influence Dell, they're a privately held corporation. They're no longer listed on any public stock market.

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