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HPE Jan 2025 15.000 call
- Yahoo Finance Video
Nvidia is 'changing the world,' HPE CEO says
Hewlett Packard Enterprise (HPE) is benefiting from AI in a big way. The tech company saw its stock soar after reporting better-than-expected second quarter results and issuing upbeat third quarter and full-year guidance. The company's CEO, Antonio Neri, tells Yahoo Finance's Brian Sozzi, "the market is finally waking up to the idea that HPE has a big role to play in AI." However, the company that has seen the biggest boom from generative AI is Nvidia (NVDA). The tech giant saw its market cap surpass $3 trillion for the first time. It comes after CEO Jensen Huang told Yahoo Finance that customers aren't waiting for the next-generation AI platforms; they are still snapping up what they can from the company. Neri says that Nvidia is "changing the world with an amazing innovation, obviously, that the company and Jensen himself have been driving for more than two decades." Neri adds, "I think we're all a little bit surprised about the advancement of generative AI from the algorithm perspective, but from the silicon perspective, I'm not surprised at all." Be sure to watch the full interview with HPE CEO Antonio Neri. 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
Hewlett Packard Enterprise stock soars on earnings, guidance
Shares of Hewlett Packard Enterprise (HPE) 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. In the video above, Yahoo Finance's Madison Mills and Brad Smith explain how AI is giving HPE a boost. 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.
- 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.
