Hewlett Packard Enterprise Co (NYSE:HPE) stock is seeing some volatility amid reports that the U.K. government opened a probe into its $14 billion buyout of Juniper Networks (JNPR) concerning potential competition issues.
Nvidia continues to grow its partnership list as it expands its AI solutions globally.
Britain's competition regulator said on Wednesday it was investigating whether Hewlett Packard Enterprise's planned $14 billion acquisition of Juniper Networks would result in competition concerns in the country.
CEO Antonio Neri says company's history shows it knows ‘how to run AI systems at scale'.
Dividend aristocrats are beloved for their income growth, dependability, and quality. Enterprise Products takes all the best aspects of aristocrats and cranks them up to 11. EPD is the quality king of midstream and the only A-rated aristocrat with a 7%-plus yield.
Enterprise Products Partners stock yields 7.3%. The oil and gas stock has increased its dividend payout every year for 25 consecutive years.
Enterprise Products is benefiting from the increasing oil and NGL production in the US, leading to higher demand and pricing for existing midstream capacity. NGL pipeline utilization rates are currently peaking but are expected to decline in 2025 as additional capacity enters the market, leading to more competitive pricing and reduced trading opportunities. EPD's profitability is likely to be capped in the medium term due to a more subdued pricing environment and reduction in price spreads.
Draft One will be one of Axon's most sought-after products in the upcoming period, due to its very high economical value. We anticipate that Draft One will expand the company's TAM by at least $8 billion. Our valuation analysis suggests a price target of $441, indicating a ~50% upside potential from current price levels.
HPE's stock soared after its latest earnings beat. It raised its revenue and earnings guidance for the full year.
Hewlett Packard Enterprise beat expectations by a country mile thanks to strong AI adoption. Management increased its full-year guidance in the face of strong results.
Hewlett Packard Enterprise Co (NYSE:HPE, ETR:2HP) shares surged almost 12% as it reported strong results for the fiscal second quarter driven by AI server demand and raised its full year guidance. The technology company now expects revenue to grow by 1% to 3% for the full year, compared to its earlier forecast of flat to 2% revenue growth.
Hewlett Packard Enterprise rose about 14% in premarket trading after the company forecast third-quarter revenue above Wall Street estimates, helped by growing demand for its AI-optimized servers.