US Equities Markets End Mixed Tuesday as Investors Await Consumer Inflation Report — Sep 10th, 2024

US Equities Markets End Mixed Tuesday as Investors Await Consumer Inflation Report...

HP to Pursue $4 Billion Damages After Mike Lynch Yacht Death — Sep 2nd, 2024

(Bloomberg) -- Hewlett Packard Enterprise Co. said it intends to pursue the $4 billion damages claim in London against the estate of the recently deceased British tech tycoon Mike Lynch. Most Read from Bloomberg A Guide to Urban Swimming in Europe, Beyond the Seine Dense Cities With Low ...

Market Chatter: Hewlett Packard Enterprise Seeks $9.5 Billion Debt Package for Juniper Acquisition — Sep 11th, 2024

Market Chatter: Hewlett Packard Enterprise Seeks $9.5 Billion Debt Package for Juniper Acquisition...

HPE Reports Disappointing Margins on AI Server Business — Sep 4th, 2024

(Bloomberg) -- Hewlett Packard Enterprise Co. reported weaker-than-expected profitability, suggesting lower margins than anticipated in its closely watched business of selling servers for artificial intelligence work. Most Read from Bloomberg How Air Conditioning Took Over the American O...

Hewlett Packard won't drop its UK claim against tech mogul Mike Lynch, who died when his yacht sank — Sep 2nd, 2024

LONDON (AP) — Hewlett Packard Enterprise said Monday it won't drop its U.K. claim for damages against the estate of British tech mogul Mike Lynch, who was killed when his superyacht sank last month. Britain's High Court in 2022 ruled mostly in favor of the U.S. technology company, which...

Hewlett Packard Enterprise Introduces One-Click-Deploy AI Applications in HPE Private Cloud AI — Sep 5th, 2024

Available today, HPE Private Cloud AI enables organizations to launch generative AI virtual assistants in seconds, using private data Unleash AI partner program connects HPE Private Cloud AI customers with leading independent software vendors, system integrators and service providers HOU...

Dude, maybe you should have gotten a Dell — Sep 8th, 2024

This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: The chart of the day What we're watching What we're reading Economic data releases and earnings Each week is full of surprises when you are involved in media. I gues...

Hewlett Packard to pursue Mike Lynch’s estate in £3 billion damages claim — Sep 2nd, 2024

Hewlett Packard Enterprise (HPE) has confirmed it plans to continue with its claim for up to £3 billion in damages against the estate of tech tycoon Mike Lynch after his death in last month’s superyacht disaster. The US tech giant won a UK High Court civil claim against Mr Lynch in 202...

HPE Falls on Stock Offering to Fund Juniper Deal: What Should You Do? — Sep 11th, 2024

Hewlett Packard Enterprise Company HPE saw its stock tumble by 8.5% on Tuesday following the announcement of a $1.35 billion stock offering to fund its pending acquisition of Juniper Networks, Inc. JNPR. The offering involves the issuance of mandatory convertible preferred stock, which has...

HPE or ZI: Which Is the Better Value Stock Right Now? — Sep 4th, 2024

Investors interested in stocks from the Computer - Integrated Systems sector have probably already heard of Hewlett Packard Enterprise (HPE) and ZoomInfo (ZI). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are...

HPE Stock Is the Worst Performer in the S&P 500 Tuesday — Sep 10th, 2024

Hewlett Packard Enterprises shares slid after the company announced an offering for $1.35 billion of preferred shares to help pay for the acquisition of Juniper Networks. Continue reading View comments...

HPE Reports Disappointing Margins on AI Server Business — Sep 4th, 2024

(Bloomberg) -- Hewlett Packard Enterprise Co. reported weaker-than-expected margins, suggesting lower profitability than anticipated in its closely watched business of selling servers for artificial intelligence work. Most Read from Bloomberg How Air Conditioning Took Over the American O...

HPE Q3 Earnings Beat: Will Strong Q4 and FY24 Guidance Lift Shares? — Sep 5th, 2024

Hewlett Packard Enterprise Company HPE reported better-than-expected results for the third quarter of fiscal 2024. Hewlett Packard Enterprise reported non-GAAP earnings of 50 cents per share for the fiscal third quarter, which beat the Zacks Consensus Estimate of 46 cents. The bottom line...

Should You Buy Hewlett Packard Enterprise Stock Ahead of Q3 Earnings? — Sep 2nd, 2024

Hewlett Packard Enterprise Company HPE is slated to report third-quarter fiscal 2024 results after market close on Sep. 4. For the fiscal third quarter, Hewlett Packard Enterprise projects revenues between $7.4 billion and $7.8 billion. The Zacks Consensus Estimate for quarterly revenues ...

Is Super Micro Computer Inc. (SMCI) the Best Stock Pick You Need to Know in Jim Cramer’s Latest Watchlist? — Sep 14th, 2024

We recently compiled a list titled Jim Cramer’s Latest Watchlist: 10 Stock Picks You Need to Know. In this article, we will look at where Super Micro Computer Inc. (NASDAQ:SMCI) stands among other stock picks in Jim Cramer's latest watchlist. In a recent episode of Mad Money, Jim Cramer...

HP Enterprise Stock Falls After Strong Quarter. ‘AI Servers Are Margin Dilutive.’ — Sep 5th, 2024

The technology company beat quarterly estimates for earnings and sales, but that’s not what investors chose to focus on. Continue reading View comments...

S&P 500 Falls Below 5,500 Points On Cooling Jobs Data, Tesla Leads Tech Gains, Natural Gas Spikes: What's Driving Markets Thursday? — Sep 5th, 2024

S&P 500 Falls Below 5,500 Points On Cooling Jobs Data, Tesla Leads Tech Gains, Natural Gas Spikes: What's Driving Markets Thursday? Signs of a cooling labor market last month pushed major U.S. stock averages lower on Thursday, ahead of the highly anticipated August jobs report set for rel...

Hewlett Packard Enterprise Reports Fiscal 2024 Third Quarter Results — Sep 4th, 2024

HPE reports third fiscal quarter 2024 results Accelerating AI demand drives HPE revenue growth; profit increases HOUSTON, September 04, 2024--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced financial results for the third quarter ended July 31, 2024. "We delivere...

Hewlett Packard shares fall on $1.35 billion convertible stock offering for Juniper buyout — Sep 9th, 2024

(Reuters) - Hewlett Packard Enterprise's shares dropped 6.4% in extended trading after the AI server maker announced a $1.35 billion mandatory convertible preferred stock offering to fund its acquisition of Juniper Networks. Earlier this year, HPE said it would acquire the networking equi...

Hewlett Packard Enterprise Announces Pricing of Public Offering of Mandatory Convertible Preferred Stock — Sep 11th, 2024

HOUSTON, September 11, 2024--(BUSINESS WIRE)--Hewlett Packard Enterprise Company (NYSE: HPE) ("HPE") today announced the pricing of its previously announced public offering (the "Offering") of $1.35 billion (27 million shares) of Series C Mandatory Convertible Preferred Stock of HPE ("Pref...

Hewlett Packard Enterprise's Q3 Gross Margins May Fuel Investor Concern, But Here's What Analysts Are Focusing On — Sep 5th, 2024

Hewlett Packard Enterprise's Q3 Gross Margins May Fuel Investor Concern, But Here's What Analysts Are Focusing On Hewlett Packard Enterprise Co (NYSE:HPE) shares tanked in early trading on Thursday, after the company reported its fiscal third-quarter results. The company reported its res...

Software giant vows to chase Mike Lynch’s family over £3bn damages — Sep 2nd, 2024

The family of Mike Lynch, former chief executive of Autonomy, face being pursued by Hewlett Packard Enterprise for compensation - Matthew Lloyd/Bloomberg Hewlett Packard Enterprise (HPE), the Silicon Valley technology giant, has vowed to pursue a £3bn claim against Mike Lynch’s family ...

Company News for Sep 11, 2024 — Sep 11th, 2024

Shares of Oracle Corporation (ORCL) surged 11.4% after the company reported first-quarter fiscal 2025 earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.32 per share. Boot Barn Holdings, Inc.’s (BOOT) jumped 9.9% after the company said that its preliminary consolidat...

Hewlett Packard Enterprise raises annual profit forecast on AI strength — Sep 4th, 2024

(Reuters) - Hewlett Packard Enterprise raised its annual profit forecast on Wednesday, as demand for artificial intelligence servers continues to pick up owing to higher investments in AI infrastructure by businesses. However, shares of HPE fell nearly 3% in extended trading. Michael Ashl...

Hewlett Packard Enterprise Company (HPE): Redditors Think This Stock Will Go To The Moon — Sep 9th, 2024

We recently published a list of10 Stocks That Will Go to the Moon According to Reddit. In this article, we are going to take a look at where Hewlett Packard Enterprise Company (NYSE:HPE) stands against the other stocks. FINRA Investor Education Foundation and CFA Institute (2023) revealed...

HP to continue $4 billion damages case against Mike Lynch — Sep 2nd, 2024

(Reuters) - Hewlett Packard said on Monday it would continue legal proceedings to seek up to $4 billion in damages from British billionaire Mike Lynch's estate in the UK. The U.S. company had been seeking compensation over its acquisition of British tech firm Autonomy amid claims of fraud...

HPE chief defends ‘difficult’ decision to pursue $4bn case against Mike Lynch estate — Sep 13th, 2024

Hewlett Packard Enterprise chief executive Antonio Neri has defended the “difficult” decision to pursue the tech company’s $4bn civil...

Hewlett Packard Enterprise (HPE) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates — Sep 4th, 2024

For the quarter ended July 2024, Hewlett Packard Enterprise (HPE) reported revenue of $7.71 billion, up 10.1% over the same period last year. EPS came in at $0.50, compared to $0.49 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $7.67 billion, re...

Top Midday Stories: Boeing Shares Fall on Wells Fargo Downgrade; Super Micro Computer Doesn't Foresee Material Changes to Earnings Despite Filing Delay — Sep 3rd, 2024

Top Midday Stories: Boeing Shares Fall on Wells Fargo Downgrade; Super Micro Computer Doesn't Foresee Material Changes to Earnings Despite...

Barclays Doubles Private Cloud Estate With HPE GreenLake Cloud — Sep 16th, 2024

New private cloud contract re-affirms HPE GreenLake Cloud as a core pillar of Barclays’ hybrid cloud strategy LONDON, September 16, 2024--(BUSINESS WIRE)--Hewlett Packard Enterprise (HPE) today announced that Barclays has signed a new private cloud services deal, confirming HPE GreenLak...

Hewlett Packard Sounds Out Investors for $9.5 Billion Debt Deal — Sep 11th, 2024

(Bloomberg) -- Hewlett Packard Enterprise Co. is sounding out investors on Wednesday for a potential $9.5 billion debt package to help fund its acquisition of Juniper Networks. Most Read from Bloomberg How Americans Voted Their Way Into a Housing Crisis After a Record Hot Summer, Pressur...

Hewlett Packard Enterprise (HPE) Reliance on International Sales: What Investors Need to Know — Sep 9th, 2024

Did you analyze how Hewlett Packard Enterprise (HPE) fared in its international operations for the quarter ending July 2024? Given the widespread global presence of this information technology products and services provider, scrutinizing the trends in international revenues becomes imperat...

Wall Street Falls Ahead Of Trump-Harris Debate, Bank Stocks Tumble, Oil Plummets To $65 On Weaker Demand Outlook: What's Driving Markets Tuesday? — Sep 10th, 2024

Wall Street Falls Ahead Of Trump-Harris Debate, Bank Stocks Tumble, Oil Plummets To $65 On Weaker Demand Outlook: What's Driving Markets Tuesday? Risk aversion is shaping another tough day for Wall Street, with stocks trading in the red as investors await the presidential debate between V...

HP confirms it will pursue Mike Lynch’s grieving family for $4 billion — Sep 2nd, 2024

Hewlett Packard has confirmed it will continue to pursue Mike Lynch’s family for up to $4 billion as it seeks to conclude a 13-year legal battle. The Silicon Valley-based tech group has been at odds with Lynch since 2011, when its $11.7 billion acquisition of his Autonomy group turned s...

HPE Earnings Top Views Amid Chinese Joint Venture Partial Sale — Sep 5th, 2024

Hewlett Packard Enterprise reported fiscal Q3 earnings that topped estimates while guidance fell short amid an update on the sale of a Chinese joint venture. Continue reading View comments...

Top Midday Decliners — Sep 10th, 2024

Top Midday Decliners...

How To Earn $500 A Month From Hewlett Packard Enterprise Stock Ahead Of Q3 Earnings Report — Sep 4th, 2024

How To Earn $500 A Month From Hewlett Packard Enterprise Stock Ahead Of Q3 Earnings Report Hewlett Packard Enterprise Company (NYSE:HPE) is expected to release earnings results for its third quarter, after the closing bell on Wednesday, Sept. 4. Analysts expect the Houston-based company ...

Hewlett Packard Enterprise Third-Quarter Earnings Unexpectedly Rise; Revenue Tops Views — Sep 4th, 2024

Hewlett Packard Enterprise Third-Quarter Earnings Unexpectedly Rise; Revenue Tops Views...

Are Investors Undervaluing Hewlett Packard (HPE) Right Now? — Sep 5th, 2024

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and m...

Hewlett Packard Enterprise (HPE) Tops Q3 Earnings and Revenue Estimates — Sep 4th, 2024

Hewlett Packard Enterprise (HPE) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an e...

Hewlett Packard Enterprise: Fiscal Q3 Earnings Snapshot — Sep 4th, 2024

SPRING, Texas (AP) — SPRING, Texas (AP) — Hewlett Packard Enterprise Co. (HPE) on Wednesday reported fiscal third-quarter profit of $512 million. On a per-share basis, the Spring, Texas-based company said it had net income of 38 cents. Earnings, adjusted for one-time gains and costs, ...

Hewlett Packard Enterprise Announces Proposed Public Offering of Mandatory Convertible Preferred Stock — Sep 9th, 2024

HOUSTON, September 09, 2024--(BUSINESS WIRE)--Hewlett Packard Enterprise Company (NYSE: HPE) ("HPE") today announced that, subject to market and other conditions, it has commenced an offering (the "Offering") of $1.35 billion (27 million shares) of Series C Mandatory Convertible Preferred ...

HPE Says Pursuing Damages Against Mike Lynch’s Estate Is ‘Fiduciary Duty’ — Sep 4th, 2024

(Bloomberg) -- Hewlett Packard Enterprise Co. Chief Executive Officer Antonio Neri said it’s the company’s “fiduciary duty” to pursue damages against the estate of Mike Lynch in a civil lawsuit after the British tech tycoon, his 18-year-old daughter, Hannah, and close associates di...

Hewlett Packard Enterprise raises annual profit forecast on AI strength — Sep 4th, 2024

Hewlett Packard Enterprise raised its annual profit forecast on Wednesday, as demand for artificial intelligence servers continues to pick up owing to higher investments in AI infrastructure by businesses....

Hewlett Packard to pursue $4B claim against estate of Mike Lynch, tech entrepreneur who died after yacht sank — Sep 5th, 2024

Hewlett Packard Enterprise will continue with its legal efforts to recover up to $4 billion damages from the estate of late British tech entrepreneur Mike Lynch, who died last month after his yacht sank off the Italian coast. The damages that HPE wants to recover arise from a civil case i...