Hewlett Packard Enterprise Co. NYSE: HPE is a global technology company focused on providing edge-to-cloud solutions for businesses and organizations to accelerate their digital transformation and better manage their IT infrastructure.
HPE just held its first ever artificial intelligence day, showcasing products that show how the company plans to dominate the AI server market.
HPE's AI Day showcased its advanced data center solutions, including fanless direct liquid cooling and AI-native network connectivity, enhancing AI training and inferencing capabilities. HPE's GenAI deployment across the organization may improve productivity and operating margins, with bots handling helpdesk tasks and CoPilot assisting software development. HPE's private cloud AI, integrated with Nvidia AI software, offers a cost-effective, scalable solution for enterprises, reducing deployment time and costs by up to 75%.
Hewlett Packard Enterprise Company (NYSE:HPE ) HPE AI Day Executive Session October 10, 2024 1:45 PM ET Company Participants Paul Glaser - Head of Investor Relations Antonio Neri - President & CEO Fidelma Russo - EVP & General Manager, Hybrid Cloud & CTO Neil MacDonald - EVP and GM, Server Shannon Cross - Chief Strategy Officer Conference Call Participants Timothy Long - Barclays Bank Aaron Rakers - Wells Fargo Asiya Merchant - Citigroup Mehdi Hosseini - Susquehanna Meta Marshall - Morgan Stanley Daniel Zhu - Sanford Bernstein Paul Glaser All right. Good afternoon, and thank you for joining Hewlett Packard Enterprise's first-ever AI Day.
Antonio Neri, HPE CEO, joins 'Money Movers' to discuss the company's investments in cooling infrastructure, the response from customers so far, and much more.
Hewlett Packard Enterprise (HPE) reported earnings 30 days ago. What's next for the stock?
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Investors interested in Computer - Integrated Systems stocks are likely familiar with Hewlett Packard Enterprise (HPE) and ZoomInfo (ZI). But which of these two stocks is more attractive to value investors?
Hewlett Packard Enterprise Co (NYSE:HPE) stock is up 2.7% in premarket trading, after Barclays upgraded it to "overweight" from "equal weight" and hiked its price target from $20 to $24 -- a 27.1% premium to last night's close.
Hewlett Packard Enterprise Co (NYSE: HPE) received renewed attention today as Citi resumed coverage on the stock with a Neutral rating and a $20 price target. The investment bank highlighted that HPE's planned acquisition of Juniper Networks (NYSE: JNPR) remains on schedule to close later this year or early next year.
Hewlett Packard Enterprise issued 7.625% mandatory convertible preferred shares to fund the Juniper Networks acquisition, capitalizing on the AI revolution for growth. These preferred shares convert to common stock in 2027, offering a high yield and potential upside from HPE's AI-driven growth. The innovative structure provides a high coupon until 2027, with conversion rates ensuring participation in HPE's equity growth.
Hewlett Packard Enterprise announced a series of moves Thursday to raise the financing for its $14 billion acquisition of Juniper Networks Inc., including a new revolving-credit facility and a seven-part bond deal.