Hewlett Packard Enterprise stock soars on earnings, guidance

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Hewlett Packard Enterprise News

Brad Smith,Madison Mills

Shares of Hewlett Packard Enterprise (HPE) jumped after reporting better-than-expected second quarter earnings. The tech company also issued Q3 and full-year...

) jumped after reporting better-than-expected second quarter earnings. The tech company also issued Q3 and full-year guidance that was more optimistic than Wall Street had been expecting.Hewlett Packard shares surging after the company lifting its full year guidance, getting a boost in the second quarter here in the quarter from strong demand rather from its artificial intelligence servers, which are powered by NVIDIA.

In an update posted at 9 p.m. last night NYSE said it would "bust" all the "erroneous" trades of Berkshire Hathaway stock at or below $603,718.30 a share. -- Axos Financial Inc., which has lent to properties including former President Donald Trump’s flagship New York tower, plunged after Hindenburg Research said it was short the stock because of the bank’s exposure to problematic commercial real estate loans.

"The current upcycle started in late'23, so we are only in quarter 3, implying strength likely till mid-26E," Bank of America wrote on Monday. Musk said he diverted the chips because "Tesla had no place to send the Nvidia chips to turn them on."Devin Nunes, CEO of Trump Media & Technology Group , in a letter to Nasdaq CEO Adena Friedman said that he has requested Congress to urge the Financial Industry Regulatory Authority to issue electronic blue sheets for TMTG's trading data from April 29 through May 3 and some other dates from May and June.

 

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HPE stock moves higher on Q2 earnings, full-year guidanceHewlett Packard Enterprise (HPE) are on a run higher after Tuesday's market close upon reporting its fiscal second-quarter earnings, posting $7.20 billion in...
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