Hewlett Packard Enterprise Stock Soars on Strong Demand for AI-Focused Servers Hewlett Packard Enterprise (HPE) stock is rapidly nearing its 2018 record high as investors seize the opportunity to invest in the company's artificial intelligence (AI)-focused servers powered by Nvidia chips. Surge in Stock Price HP Enterprise shares surged by 4.5% on Tuesday, marking a four-day … [Read more...] about Hewlett Packard Enterprise AI Servers Surge
Forex News
Meta Platforms Lawsuit Dismissal
Attorneys representing Meta Platforms, including founder Mark Zuckerberg, have requested a Delaware judge to dismiss a lawsuit brought forth by investment funds. The lawsuit alleges that Meta has neglected to protect users of its social media platforms from human trafficking and child sexual exploitation. Allegations of Negligence The legal complaint asserts that Meta’s … [Read more...] about Meta Platforms Lawsuit Dismissal
Market Update: Stock Futures Rise
Stock futures were on the rise on Wednesday, recovering from the worst day seen by the three major U.S. stock indexes since Feb. 13. Investor attention was focused on Federal Reserve Chairman Jerome Powell's upcoming congressional testimony, where he is expected to announce a cautious approach to interest-rate cuts for the year ahead. Stocks to Watch Today CrowdStrike … [Read more...] about Market Update: Stock Futures Rise
EVGO Stock Surges
EVGO Stock Surges with Strong Sales Performance and Guidance Impressive Growth Numbers EVgo stock experienced a significant surge on Wednesday following the electric-vehicle charging company's report of better-than-expected financial results and promising outlook for the future. Financial Snapshot Fourth-quarter sales of $50 million Adjusted Ebitda of negative $14 … [Read more...] about EVGO Stock Surges
Ciena Stock Lower Guidance Impact
Ciena's stock took a nosedive after the company revised its full-year guidance due to challenges caused by high inventory levels at telecom service providers. Industry-wide Impact Similar issues are impacting other key players in the sector, including Cisco Systems and Hewlett Packard Enterprise. The company's shares dropped by 14.9% to $52.75 during recent trading on … [Read more...] about Ciena Stock Lower Guidance Impact
