Hewlett Packard Enterprise NYSE: HPE now finds itself in a precarious situation. The firm will deal with something that many executives dread: activist investors.
Hewlett Packard Enterprise (HPE) is in focus after reports that activist investor Elliott Management built a $1.5 billion stake in the company. Epistrophy Capital Research chief market strategist and host of the Drill Down Podcast Cory Johnson joins Market Domination host Josh Lipton and ProShares global investment strategist Simeon Hyman to discuss HPE's positioning and how the legacy computer company competes in the artificial intelligence (AI) era.
Hewlett Packard Enterprise Co (NYSE:HPE, ETR:2HP) shares were up nearly 4.3% on Tuesday afternoon after it attracted a more than $1.5 billion investment from activist hedge fund Elliott Investment Management. The move follows a tough stretch for HPE, whose stock has fallen over 30% in the past year.
Hewlett Packard Enterprise stock has struggled since the technology company posted disappointing fiscal first-quarter earnings.
Elliott Investment Management took a more than $1.5 billion stake in Hewlett Packard Enterprise. The activist investor hopes to engage the company in discussions on how to improve shareholder value, a source told CNBC.
Hewlett Packard Enterprise faces challenges related to rising costs due to tariff hikes and the delayed Juniper acquisition, making the stock a risky bet.
Hewlett Packard Enterprise is transforming from legacy HP, focusing on servers, cloud, and consulting, with significant M&A activity enhancing its portfolio. HPE's business model emphasizes comprehensive solutions, including GreenLake's subscription-based cloud platform, driving significant ARR growth and shifting away from classic sales. Despite fierce competition and uncertainties around the Juniper deal, HPE's diversified offerings and strong financials position it well for future growth.
Hewlett Packard Enterprise Co. HPE investors have a technical red flag flashing—the dreaded Death Cross.
Yahoo Finance anchors Julie Hyman and Josh Lipton discuss stocks popping ahead of the closing bell and Morgan Stanley's lower US growth forecast for 2025; plus, HPE's CEO weighs in on disappointing earnings and forecast. #youtube #stocks #investing #computer About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
Shares of Hewlett Packard Enterprise (HPE) are getting clobbered on Friday. It comes after the tech giant reported underwhelming first quarter results and issued disappointing guidance.
HPE CEO Antonio Neri says the company is disappointed by the US Department of Justice lawsuit blocking their proposed acquisition of Juniper Networks. He joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology".
Antonio Neri, HPE CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, the execution challenges the company saw and how the chief executive fixed the issue.