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NVDA Jan 2025 960.000 put
- 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
Nvidia hits $3T market cap and new all-time intraday high
Nvidia (NVDA) hit a new all-time intraday trading high and $3 trillion market cap on Wednesday. Market Domination hosts Jared Blikre and Julie Hyman discuss catalysts for the company's new record and new Wall Street price targets on the stock. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy
- Benzinga
AI Momentum Fuels HPE's Return To Revenue Growth But Profitability Has Yet To Enter The Picture
On Tuesday, Hewlett Packard Enterprise (NYSE: HPE) reported its fiscal second quarter results that surpassed estimates as its server business got a helping hand in the form of availability of AI chips from Nvidia Corporation (NASDAQ: NVDA). Although earnings fell compared to last year’s comparable quarter, the server and storage manufacturer, HPE lifted its full-year guidance. Fiscal Second Quarter Highlights For the quarter ended on April 30th, HPE reported revenue grew 3% to $7.2 billion, surp
