STOCK TITAN

Hewlett Packard Enterprise Company - HPE STOCK NEWS

Welcome to our dedicated page for Hewlett Packard Enterprise Company news (Ticker: HPE), a resource for investors and traders seeking the latest updates and insights on Hewlett Packard Enterprise Company stock.

Hewlett Packard Enterprise Company (HPE) is an American multinational information technology enterprise specializing in business-focused solutions. Founded in 2015 after its split from HP Inc., HPE's core operations span across servers, storage, networking, containerization software, and consulting and support services. The company leverages its extensive portfolio to facilitate hybrid cloud solutions and hyperconverged infrastructure, making it a pivotal entity in the IT sector.

HPE's product lines are centered around compute servers, storage arrays, and networking equipment. The company aims to lead the edge-to-cloud market, helping businesses transition seamlessly to hybrid cloud environments. This strategic focus has led to significant advancements in high-performance computing and edge computing solutions.

Recent achievements for HPE include strategic partnerships and innovative projects aimed at enhancing its service offerings. Notable collaborations have been forged in communications and media solutions, furthering its footprint in these dynamic sectors. Additionally, HPE's investments in cutting-edge technologies have bolstered its market presence and client base globally.

Financially, HPE employs a largely outsourced manufacturing model and operates with a workforce of approximately 60,000 employees worldwide. This approach ensures efficiency and scalability, allowing HPE to meet the evolving demands of its enterprise clients.

For the latest updates on HPE, including recent news and financial performance, visit the official HPE news source or trusted financial news platforms.

Rhea-AI Summary
Hewlett Packard Enterprise (HPE) has built a new AI supercomputer called 'Austral' for CRIANN in Normandy, France. The supercomputer will be used to accelerate France's AI initiatives and support research in climate modeling, biotechnology, healthcare, and materials science. Austral is part of France's national AI strategy and was co-funded by the Normandy Region, the French State, and the European Union. It will help train AI models, run simulations, and analyze data to drive scientific discovery and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
Tags
AI
-
Rhea-AI Summary
HPE Aruba Networking recognized as Leader in Gartner Magic Quadrant for SD-WAN for sixth consecutive year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.92%
Tags
none
-
Rhea-AI Summary
Dubai Islamic Bank selects HPE GreenLake and HPE Aruba Networking to modernize their core banking system and enhance connectivity and network security.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
none
Rhea-AI Summary
HPE deploys integrated private 5G and Wi-Fi network at the Ryder Cup, showcasing future of wireless connectivity
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.28%
Tags
none
-
Rhea-AI Summary
Pennsylvania Convention Center adopts Wi-Fi 6E from HPE Aruba Networking to enhance connectivity for events
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
Tags
none
-
Rhea-AI Summary
Hewlett Packard Enterprise to host Securities Analyst Meeting on October 19, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.62%
Tags
conferences
Rhea-AI Summary
HPE Aruba Networking introduces new products to improve network performance for SMBs
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
none
-
Rhea-AI Summary
Emerging technology like generative AI is seen as crucial for business innovation, but cybersecurity concerns are hindering investment, according to research by HPE Aruba Networking. 64% of IT leaders believe that cybersecurity concerns are negatively impacting their organization’s willingness to invest in innovative tech. However, 89% of IT leaders say their organization requires high levels of innovation, including generative AI, in the next 12 months to succeed. Organizations are turning to technologies like 5G, AI and machine learning, and IoT to drive innovation, but only 45% describe their organization as innovative and secure. IT leaders also have concerns about their ability to keep up with technology demands and their IT teams being stretched to capacity. The research highlights the role of the network in facilitating safer innovation and supporting cybersecurity effectiveness and innovation. Organizations are investing in network-based security solutions, but there is a need to tie these investments together to realize their benefits. A unified SASE approach is recommended to bring together all network technologies and support safe innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
none
-
Rhea-AI Summary
HPE reports Q3 revenue of $7.0 billion, up 1% YoY and 3.5% in constant currency. Gross margins increase, but non-GAAP diluted net EPS decreases sequentially. Cash flow from operations and free cash flow also increase. Q4 revenue estimated to be $7.2 billion to $7.5 billion. FY2023 revenue growth expected to be 4% to 6% in constant currency. Reiterates FY2023 GAAP diluted net EPS guidance and raises non-GAAP diluted net EPS guidance. Provides FY2023 non-GAAP operating profit growth estimate. Reiterates FY2023 free cash flow guidance. Declares regular cash dividend of $0.12 per share. Returns approximately 60% of free cash flow to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.09%
Tags
Rhea-AI Summary
YMCA of Greater Boston modernizes networking infrastructure with Aruba Instant On, reducing network management costs by 50%
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
none

FAQ

What is the current stock price of Hewlett Packard Enterprise Company (HPE)?

The current stock price of Hewlett Packard Enterprise Company (HPE) is $22.21 as of November 25, 2024.

What is the market cap of Hewlett Packard Enterprise Company (HPE)?

The market cap of Hewlett Packard Enterprise Company (HPE) is approximately 29.0B.

What does Hewlett Packard Enterprise Company (HPE) do?

HPE is a multinational IT company specializing in servers, storage, networking, containerization software, and consulting services.

When was HPE founded?

HPE was founded in 2015 after its split from HP Inc.

What is HPE's primary goal?

HPE aims to be a leading edge-to-cloud company, enabling hybrid cloud solutions and hyperconverged infrastructure.

What are the main product lines of HPE?

HPE's main product lines include compute servers, storage arrays, and networking equipment.

How many employees does HPE have?

HPE employs approximately 60,000 people worldwide.

What is HPE's manufacturing model?

HPE uses a primarily outsourced manufacturing model to ensure efficiency and scalability.

In which sectors has HPE invested recently?

HPE has made significant investments in communications and media solutions.

What are some recent achievements of HPE?

Recent achievements include strategic partnerships and advancements in high-performance computing and edge computing solutions.

Where can I find the latest news about HPE?

You can find the latest news about HPE on the company's official news source or trusted financial news platforms.

What is HPE’s approach to hybrid cloud solutions?

HPE’s portfolio enables seamless transitions to hybrid cloud environments, facilitating edge-to-cloud solutions.

Hewlett Packard Enterprise Company

NYSE:HPE

HPE Rankings

HPE Stock Data

29.00B
1.29B
0.4%
86.16%
2.55%
Communication Equipment
Computer & Office Equipment
Link
United States of America
SPRING