The S&P 500 reached a new all-time closing high above 7,600 for the sixth consecutive day, driven by strong gains in Hewlett Packard Enterprise and Marvell shares, which posted their best single-day increases ever. President Trump commented on ongoing Iran nuclear negotiations, denying reports of stalled talks and suggesting the U.S. blockade may end soon. Macy's reported its strongest first-quarter comparable sales in four years, raising its full-year forecast, while Ulta also beat earnings expectations. Additionally, Trump signed an executive order urging AI companies to share their models with the government before public release to assess risks amid rapid AI development.
Dell and Hewlett Packard Enterprise (HPE) have seen significant stock gains driven by soaring demand for AI infrastructure, with Dell reporting a 757% increase in AI server revenue and raising its outlook to $60 billion. These companies supply essent...
Hewlett Packard Enterprise (HPE) transformed after acquiring Juniper Networks for $14 billion, closing in July 2025. This deal, combined with rising AI server demand, drove a 148.2% increase in networking revenue and a 32.7% rise in server revenue in...
US stock futures fell after a record close, with President Trump indifferent to potential Iran negotiation failures, predicting a drop in oil and gas prices. Treasury yields remain steady, and the Federal Reserve is likely to keep interest rates unch...
Dell and Hewlett Packard Enterprise (HPE) reported their strongest quarters for AI-optimized servers, driving their stock prices up by 32% and 30% respectively. Dell saw a 757% revenue increase in AI servers and a record $51.3 billion backlog, while ...
Hewlett Packard Enterprise (HPE) stock surged after reporting strong earnings driven by growth in cloud and AI revenues along with improved operating margins. The company forecasts 8–12% revenue growth and 12–16% EPS growth for fiscal year 2027, sign...
