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Hp Inc

All articles tagged with #hp inc

businesstechnology1 year ago

"HP Inc. Stock Soars Amid AI PC Demand and Strong Earnings"

HP Inc. shares surged after the company reported better-than-expected fiscal second-quarter earnings, driven by a recovery in PC demand, particularly in the commercial sector. CEO Enrique Lores highlighted the positive growth in their PC business, marking the first increase in eight quarters. The industry is seeing a refresh cycle as consumers and businesses upgrade their devices, further boosted by new AI PC initiatives and Qualcomm chip advancements.

finance2 years ago

SCHW leads premarket movers after earnings beat.

Charles Schwab beats earnings expectations, while Alphabet's stock drops after reports that Samsung may replace Google with Microsoft's Bing as the default search engine on its devices. M&T Bank's stock jumps after posting better-than-expected quarterly figures, while State Street's stock falls more than 10% after posting lower-than-expected earnings. HP's stock rises after JPMorgan upgrades the computer builder to overweight from neutral, while Dell's stock drops after being downgraded to neutral from overweight. Merck acquires Prometheus Biosciences for $10.8 billion, causing shares of Prometheus to rally 69%.