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Elon Musk's X, Hewlett Packard Strike $1 Billion AI Server Deal: Report
Saturday, January 11, 2025 - 3:41am | 635Hewlett Packard Enterprise Co (NYSE:HPE) has reportedly secured a deal worth over $1 billion to supply servers optimized for artificial intelligence to Elon Musk‘s social media platform, X. What Happened: The deal between HP and X was finalized late last year, Bloomberg News reported on...
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Fintech Focus For February 10, 2021
Tuesday, February 9, 2021 - 9:59pm | 1887Quote To Start The Day: The question isn’t who is doing to let me, it’s who is going to stop me. Source: Ayn Rand One Big Thing In Fintech: In January 2021, FinTech startups worldwide raised VC/PE investments worth $7.8 billion across 294 deals. In terms of MoM growth, there was a 37.4...
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Security Startup Acquired By Hewlett Packard
Tuesday, February 4, 2020 - 6:52am | 235Hewlett Packard Enterprise (NYSE: HPE) has acquired a security startup that provides tools of identity-driven and large scale distributed software, Scytale, TechCrunch reported. What Happened? Scytale founded in 2017 by a team of engineers from cloud-native enterprises like...
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9 Stock's Moving In Tuesday's After Hours Session
Tuesday, November 21, 2017 - 6:44pm | 381Gainers: GameStop Corp. (NYSE: GME) shares are up 4 percent after reporting a third quarter earnings and sales beat. Third quarter adjusted EPS came in at 48 cents, 5 cents higher than estimates. Sales beat estimates by $30 million, coming in at $1.99 billion. Axalta Coating Systems LTD (NYSE:...
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Nutanix Shares May Have Finally Shed Their Reputation For Being Overpriced
Monday, June 26, 2017 - 2:46pm | 423A strong market for cloud computing services, solid business model and effective sales mechanism mean Nutanix Inc (NASDAQ: NTNX) could outrun the consensus. Credit Suisse’s projections for the San Jose tech firm are already above consensus, but those estimates “could prove conservative...
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Silicon Graphics Surges On Manufacturing Agreement With Hewlett Packard Enterprise
Tuesday, February 9, 2016 - 2:55pm | 190Shares of Silicon Graphics International Corp (NASDAQ: SGI) surged higher by more than 10 percent on Tuesday after the company announced an agreement with Hewlett Packard Enterprise Co (NYSE: HPE). HPE said in a blog post that it is "extending our leading portfolio of mission-critical solutions...
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Mizuho Securities Previews Hewlett-Packard's Q4 Results
Tuesday, November 25, 2014 - 12:41pm | 266Hewlett-Packard Company (NYSE: HPQ) will report its fourth-quarter results on Tuesday after market close. Abhey Lamba of Mizuho Securities detailed what to expect in the company's report. “The printing business is facing headwinds and services won't see improvement near-term,...
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QE Finally Ends
Wednesday, October 29, 2014 - 4:56pm | 1693U.S. stocks were marginally lower as traders and investors begin debating the effects of the markets in an uncertain post Quantitative Easing era. The FOMC has officially tapered the remaining $15 billion of its monthly asset purchases, thus ending the era of quantitative easing for the time...
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Gartner: Worlwide PC Shipments Fell 0.5 Percent In Third Quarter
Thursday, October 9, 2014 - 10:37am | 346According to Gartner Research, worldwide PC shipments totaled 79.4 million units, a decrease of 0.5 percent from the third quarter a year ago. “Growth in the mature markets was offset by a decline in shipments in emerging markets, similar to what was seen in the second quarter of 2014,...
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Raymond James: Hewlett Packard Likely On The Hunt For Acquisitions
Monday, August 25, 2014 - 2:50pm | 594For the first time in 11 quarters, Hewlett Packard (NYSE: HPQ) reported positive revenue growth when the company reported its third quarter results and a strong free cash flow with a $5 billion net cash position. The question investors are now asking is: Who might Hewlett Packard buy, and why...
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#PreMarket Primer: Friday, February 21: Another Truce Reached In Ukraine
Friday, February 21, 2014 - 8:24am | 1113After a triple-digit intraday high, major indices retreated slightly but still ended the day with impressive gains. The Dow gained about 92 points to close at 16,133.23. The S&P was up 0.6 percent, or about 11 points to close at 1,839.78, and the NASDAQ was up 0.7 percent to 4,267.55....
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Market Wrap For January 16: Markets End Two Day Winning Streak
Thursday, January 16, 2014 - 5:46pm | 2518The market took a bit of a breather Thursday following two strong days of gains. Earnings from two major banks failed to keep the momentum alive and investors focused on Best Buy's (NYSE: BBY) disappointing holiday guidance which contradicts the strong retail sales report earlier this week....
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Market Wrap For November 27: Markets Inch Higher Before Pausing For Thanksgiving
Wednesday, November 27, 2013 - 6:01pm | 1594Major indices crawled higher on light volume, which was to be expected. The Nasdaq to new highs that haven't been seen since September 2000, while the other major indices failed to hold on to earlier gains, but still finished in positive territory. On Thursday, the markets will take a much...
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Barron's Recap (7/21/12): The Veggie Juice Craze
Monday, July 23, 2012 - 7:08am | 662This weekend in Barron's online: the booming vegetable and fruit juice market, as well as a return to the gold standard, the prospects for Calpine, Canon and John Bean Technologies, and more. Cover Story "Drink Up!" by Robin Goldwyn Blumenthal. The consumption of super-premium vegetable juices in...
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Hewlett Packard: A Deep Value Silicon Valley Icon
Wednesday, August 24, 2011 - 3:49am | 517By now, HP's downfall has been well documented after it announced that it was going to get out of the PC business and seek to acquire Autonomy Corporation plc, the UK-based business intelligence software company, for ~$10 billion. The shuttering of the phone and tablet division it acquired from...