Reported 4 months ago
HP Inc. (HPQ) stock surged higher after beating fiscal second-quarter estimates driven by increased demand in the PC market. HP's CEO, Enrique Lores, discussed positive forecasts for the computer and printer segments, with PC sales showing growth for the first time in years. The printing business continues to face challenges with year-over-year declines, but HP's introduction of a subscription plan for printers has shown success. Investors are optimistic about HP's performance, while awaiting Dell's earnings report after trading hours.
Source: YAHOO