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HPE Jan 2025 15.000 call
| Previous close | 5.30 |
| Open | 5.50 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 15.00 |
| Expiry date | 2025-01-17 |
| Day's range | 5.30 - 5.75 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
HPE CEO: Market is realizing we 'have a big role to play in AI'
Shares of Hewlett Packard Enterprise (HPE) are soaring after reporting second quarter results that topped Street estimates and issuing better-than-expected Q3 and full-year guidance. CEO Antonio Neri is not surprised by the reaction to the earnings, saying "the market is finally waking up to the idea that HPE has a big role to play in AI." Neri argues that "HPE is uniquely positioned to capture the AI inflection point that we see continue to drive the momentum in hybrid cloud." Neri says HPE has an AI order book of $4.6 billion, adding that "in that number, we converted more than $900 million in revenues. But what is important to realize is that that revenue had solid gross margins, operating margins." AI systems use a lot of energy. On that front, Neri says energy supply is still "constrained." That's why he says HPE is "unique" because it offers "100% direct liquid cooling," which is more energy efficient. Watch the video above to hear why Neri says Nvidia (NVDA) and its CEO, Jensen Huang, are "changing the world." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
- Yahoo Finance Video
Jobs data, Alphabet's new CFO, HPE earnings: Three things
It's another busy day on Wall Street. Here are three of the top stories to watch in Wednesday's trading. The US added 152,000 private sector jobs in May, according to the latest ADP report. That's fewer than the 175,000 economists polled by Bloomberg were expecting. It's giving investors some hope that the Federal Reserve will cut rates sooner than some have been expecting. Alphabet (GOOGL, GOOG) announced Anat Ashkenazi, currently Executive Vice President and Chief Financial Officer at Eli Lilly (LLY), will be joining the company as its new CFO effective July 31. The tech giant announced last year that Ruth Porat would be stepping away from the role to become the company's President and Chief Investment Officer. Shares of Hewlett Packard Enterprise (HPE) are surging after reporting second quarter results that topped Street estimates and issuing better-than-expected Q3 and full-year guidance. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
GuruFocus.comDecoding Hewlett Packard Enterprise Co (HPE): A Strategic SWOT Insight
Insightful Analysis of HPE's Latest SEC Filings and Strategic Positioning
