Shares of Hewlett Packard Enterprise (HPE) opened higher on Thursday at $22.66, compared to the previous close at $21.84. The stock was trading at $22.32 with a volume of 2,345,573 shares. Analysts at Morgan Stanley, Stifel Nicolaus, Susquehanna, Argus, and Wells Fargo have provided varying ratings and price targets for HPE. The company’s market capitalization … Read more
Hewlett Packard Enterprise (HPE) saw a significant increase in demand for artificial intelligence (AI) systems, with revenue more than doubling to over $900 million in the most recent quarter. CEO Antonio Neri attributed this growth to the improved availability of Nvidia’s H100 GPUs, which have helped drive enterprise interest in AI. This success has led … Read more
David Boole from BayCrest recently appeared on CNBC’s ‘Fast Money’ to discuss options trading in anticipation of Nvidia’s upcoming earnings report. Boole shared insights and analysis on the potential strategies and implications for investors looking to navigate the market movement surrounding the technology giant’s financial results. Nvidia, a leading semiconductor company, has been closely watched … Read more
Broadcom’s boss Hock Tan more than doubled his total compensation package in fiscal 2023, which will no doubt be well received by the thousands of small VMware customers and cloud providers he’s upset. The one-time chip biz that has ambitions to become the “world’s leading infrastructure company” this week released a proxy statement ahead of … Read more