Hewlett Packard Enterprises stock tumbles
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Hewlett Packard Enterprise forecast first-quarter revenue below Wall Street estimates on Thursday, due to cautious enterprise spending amid economic uncertainty, sending its shares down 5% in extended trading.
Hewlett Packard Enterprise (HPE) stock jumped nearly 15% out of the gate Wednesday after the technology company beat top- and bottom-line expectations for its fiscal second quarter and issued a strong outlook thanks to solid demand for its artificial ...
Hewlett Packard plans to cut thousands of jobs as part of a broader realignment toward the adoption of artificial intelligence. The company announced the layoffs in its most recent earnings report Tuesday.
Artificial intelligence server maker Hewlett Packard Enterprise said on Tuesday it has won a $931 million contract from a combat support agency of the U.S. Department of Defense for providing cloud services for its data centers.
Hewlett Packard Enterprise Co. gave an outlook for sales in the current quarter that fell short of analysts’ estimates, suggesting the company isn’t meeting high expectations for the sales of its AI servers.
Hewlett-Packard announced on November 25, 2025, that it would eliminate between 4,000 and 6,000 positions—roughly 10 percent of its global workforce—by 2028, targeting $1 billion in cost savings. The announcement came after market close,