Hewlett Packard Enterprise (HPE) reported a record fiscal Q3 2026 revenue of $12.2 billion, up 34% year-over-year, driven by strong AI and networking growth. Non-GAAP EPS beat estimates at $1.11, supported by a 25.4% revenue rise in its Cloud & AI segment and a 74.9% jump in networking revenue after acquiring Juniper Networks. HPE raised its 2026 revenue growth forecast to 34%-37% and projects 13%-17% growth for 2027, alongside increased earnings and free cash flow targets. Despite strong demand and a price target hike from Deutsche Bank, shares fell due to supply shortages and valuation concerns, with some analysts calling the stock overvalued relative to historical metrics.
Dell reported a record $60.9 billion in AI server orders in one quarter, doubling AI revenue and raising full-year guidance to $192 billion. Despite strong sales and a 43.7% EPS beat, shares fell 6.8% as investors worry about thin margins and a 47% d...
Cisco Systems has secured $9.3 billion in hyperscale AI orders for FY2026 and expects $7.5 billion in AI infrastructure revenue for FY2027, signaling strong growth driven by AI networking demand. Despite this, its stock trades at a relatively low for...
Hewlett Packard Enterprise (HPE) is set to report strong Q3 earnings with EPS projected at $0.93, more than double last year, and revenue expected to reach $11.97 billion. Investors are particularly focused on the profitability of HPE's AI segment, w...
Dell Technologies shares jumped 9% after reporting a record $95 billion AI server backlog and raising its full-year revenue forecast by $25 billion to $192 billion. The company posted strong Q2 results with revenue up 58% year-over-year and AI server...
Dell stock fell 4% ahead of its fiscal Q2 earnings report despite a 266% rally year-to-date, signaling investor caution. The market expects strong growth driven by Dell's AI-optimized servers, with consensus earnings up 113% and revenue up 52% year-o...
