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Stocks fell Tuesday as oil prices and Treasury yields rose, but AMD and HPE led AI plays flashing buy signals.
Nvidia has announced its acquisition of AI startup Hugging Face for $13 billion, highlighting the ongoing strength of the AI boom. This deal comes as earnings reports from Broadcom, Snowflake, and HPE indicate robust growth in AI-related sectors.
HPE President and CEO Antonio Neri discusses the benefits of HPE's networking deal with Oracle and the company's earnings outlook. Speaking with Ed Ludlow on 'Bloomberg Tech,' Neri says he is seeing 'huge growth' in enterprise AI adoption.
Hewlett Packard Enterprise Co. declined in late trading after the company reported increasing sales that didn’t meet high expectations from investors. The stock price has more than doubled so far this year.
Hewlett Packard Enterprise Co. boosted its sales outlook for this fiscal year and next, saying artificial intelligence workloads are driving demand for servers and networking gear.
S&P 500 Index futures are little changed as of 7:53 a.m. in New York. Technology shares are in focus, following results from with chipmaker Broadcom and Hewlett Packard Enterprise.
Artificial intelligence fever is powering Dell Technologies Inc. and Hewlett Packard Enterprise Co. to their best years in the stock market.
Hewlett Packard Enterprise Co. secured court approval for its settlement with the US Justice Department over its takeover of networking company Juniper Networks Inc. This approval comes despite a challenge by a group of Democratic state attorneys general who alleged the settlement was inadequate and the result of improper conduct.
Super Micro's stock surged 15% following a new order and margin disclosure, coinciding with a SpaceX announcement. The growth reflects a broader trend among server makers as companies accelerate the deployment of artificial intelligence servers.
Super Micro's stock surged 15% following a new order and margin disclosure after a SpaceX announcement. Many server makers are seeing faster growth as companies race to deploy artificial intelligence servers.
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