Hewlett Packard Enterprise Co

HPE stock sinks 9% on revenue miss and weak server numbers
Technology

HPE stock sinks 9% on revenue miss and weak server numbers

Antonio Neri, President and CEO of Hewlett Packard Enterprise. Anjali Sundaram | CNBC Hewlett Packard Enterprise shares fell 5% Friday after the company reported fourth-quarter revenue that missed analyst expectations. The company reported earnings after the bell on Thursday, posting revenue of $9.68 billion, which was up 14% over the year prior but fell short […]

Read More
Stocks making the biggest moves after hours: DocuSign, SoFi Technologies, Ulta, Hewlett Packard Enterprises and more
Finance

Stocks making the biggest moves after hours: DocuSign, SoFi Technologies, Ulta, Hewlett Packard Enterprises and more

Check out the companies making headlines in after-hours trading. Ulta Beauty — Shares of the beauty retailer rose nearly 6% after outpacing Wall Street’s expectations for the fiscal third quarter and raising its forecasts for the full fiscal year. Ulta expects revenue for the year to be $12.3 billion, up from a prior range of […]

Read More
Feds charge 4 in plot to export restricted Nvidia chips to China, Hong Kong
Technology

Feds charge 4 in plot to export restricted Nvidia chips to China, Hong Kong

Four men have been indicted on federal criminal charges related to a plot to export Nvidia chips worth millions of dollars to China and Hong Kong in violation of tight U.S. restrictions, court documents show. One of the defendants, Brian Curtis Raymond, a 46-year-old resident of Huntsville, Alabama, was identified last week as the chief […]

Read More
Home Depot earnings, ‘quiet time’ in the job market, Panera’s new strategy and more in Morning Squawk
Technology

Home Depot earnings, ‘quiet time’ in the job market, Panera’s new strategy and more in Morning Squawk

Stocks on display at the Nasdaq on Sept. 10, 2025. Danielle DeVries | CNBC This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Bets are off The stock market dropped yesterday, with technology stocks once again […]

Read More
Dell, HPE shares sink after Morgan Stanley downgrades — computer hardware stocks also hit
Technology

Dell, HPE shares sink after Morgan Stanley downgrades — computer hardware stocks also hit

Igor Golovnov | Lightrocket | Getty Images Data center stocks took a major hit on Monday after Morgan Stanley downgraded seven hardware companies, including Dell and Hewlett Packard Enterprise. The bank double-downgraded Dell from overweight to underweight and downgraded HPE from overweight to equal weight. Dell and HPE closed down 8% and 7%, respectively. HP […]

Read More
Former Google, Meta executives raise 0 million for high-capacity AI servers startup
Technology

Former Google, Meta executives raise $100 million for high-capacity AI servers startup

Ofer Shacham is CEO of Majestic Labs. Tal Givony Three former Meta and Google silicon executives on Monday announced they’ve raised a total of $100 million to build technology they say will reduce cloud companies’ spend on data center buildouts. Called Majestic Labs, the startup’s co-founders are Ofer Shacham, Sha Rabii and Masumi Reynders, all […]

Read More
Shutdown layoffs, United earnings, Apple’s new products and more in Morning Squawk
Technology

Shutdown layoffs, United earnings, Apple’s new products and more in Morning Squawk

Treasury Secretary Scott Bessent speaking at the CNBC Invest In America Forum in Washington, D.C. on Oct. 15, 2025. Aaron Clamage | CNBC This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Tariff troubles As the […]

Read More
Stocks making the biggest moves premarket: J.B. Hunt, Salesforce, Charles Schwab, Hewlett Packard Enterprise & more
Finance

Stocks making the biggest moves premarket: J.B. Hunt, Salesforce, Charles Schwab, Hewlett Packard Enterprise & more

Check out the companies making the biggest moves before the bell: J.B. Hunt Transport Services — The trucking and logistics company jumped more than 14% on strong quarterly results. In the third quarter, J.B. Hunt earned $1.76 per share on revenue of $3.05 billion. Analysts polled by LSEG expected earnings of $1.46 per share on […]

Read More
Stocks making the biggest moves after hours: J.B. Hunt, United Airlines, Zion and more
Finance

Stocks making the biggest moves after hours: J.B. Hunt, United Airlines, Zion and more

Check out the companies making the biggest moves in extended trading: J.B. Hunt Transport Services — Shares of the trucking and logistics company jumped more than 12% in after-hours trading on the back of its strong results. For the third quarter, J.B. Hunt earned $1.76 per share on revenue of $3.05 billion. Analysts polled by […]

Read More
HPE stock sinks 9% on revenue miss and weak server numbers
Technology

HPE stock sinks 10% on weak guidance for fiscal 2026

Antonio Neri, President and CEO of Hewlett Packard Enterprise. Anjali Sundaram | CNBC Hewlett Packard Enterprise shares sank 7% in extended trading on Wednesday after the company issued disappointing guidance for its fiscal 2026. At a meeting with analysts, HPE said its adjusted earnings per share for the year would be in the range of […]

Read More