Hewlett Packard Company HPE and NVIDIA NVDA are set to launch a suite of AI solutions called NVIDIA AI Computing from HPE. The premarket trading on Tuesday saw a rally in stocks, with HPE’s stock trading 2.47% higher at $22.38. This collaboration follows HPE’s return to revenue growth in June, driven by AI momentum. The … Read more
CrowdStrike, HPE, and Intel saw their stocks rise during pre-market trading, while Dollar Tree experienced a decline. The reason behind these movements is unclear, but investors are keeping a close eye on these companies as they continue to navigate the ever-changing economic landscape. It is important for investors to stay informed and monitor the stock … Read more
Several companies made headlines before the opening bell, with CrowdStrike leading the way as its shares surged by 10% following the release of better-than-expected first-quarter results and strong guidance. The cybersecurity firm reported adjusted earnings of 93 cents per share on $921 million in revenue, beating analyst expectations. Hewlett Packard Enterprise also saw its stock … Read more
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AI boosts Dell demand Dell Inc (NASDAQ:DELL) surged over 9% in early premarket deals to $6.13, boosted by second-quarter revenue and earnings easily exceeding expectations. For the quarter, Dell posted revenue of $22.9 billion – down 13% year-over-year but well above the Street expectations of $20.9 billion. Adjusted earnings were $1.74, topping expectations of $1.14. Dell benefitted from a … Read more
Check out the companies making the biggest moves in premarket trading: Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Palo Alto Networks — The security software vendor soared 12.5% following an earnings beat after the Friday market close. Fiscal … Read more