HPE Stock Rises 10% Driven by AI Demand and Robust Q4 Earnings

Reported 20 days ago

Hewlett Packard Enterprise (HPE) shares jumped 10% after the company reported strong sales linked to AI server demand, surpassing earnings expectations for its fiscal fourth quarter. Citigroup upgraded HPE's stock to a Buy rating, while discussions around the influence of Nvidia chip costs on HPE persist.

Source: YAHOO

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