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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.

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Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), announced the integration of its SD-WAN solutions with the newly introduced AWS Cloud WAN, enhancing network segmentation capabilities across LANs, SD-WAN, and cloud environments. This integration enables organizations to create secure WAN topologies while simplifying network deployments. Key benefits include improved security compliance, faster setup of network sites, and an automated deployment process. The solution aligns with Aruba's Edge Services Platform and is set for general availability in 2022, showcased at the AWS re:Invent event.

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Hewlett Packard Enterprise (NYSE: HPE) has been selected by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) to build the Kestrel supercomputer, enhancing R&D for energy efficiency and renewable energy. Scheduled for completion in 2023, Kestrel will outperform the existing Eagle system by over 5X, achieving approximately 44 petaflops of peak performance. Utilizing advanced HPE Cray EX supercomputer technology, it will support a range of energy initiatives, focusing on sustainable solutions across industries.

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Hewlett Packard Enterprise (HPE) reported fiscal year 2021 results, marking a significant 3% revenue growth to $27.8 billion. The company achieved a GAAP EPS of $2.58, up from a loss of $0.25 the previous year, largely due to favorable outcomes from the Itanium litigation with Oracle. Cash flow from operations reached $5.9 billion, while free cash flow amounted to $1.6 billion, a $1 billion increase. HPE forecasts Q1 FY22 GAAP EPS in the range of $0.19 to $0.27 and reaffirms FY22 guidance for GAAP EPS of $1.24 to $1.38.

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Hewlett Packard Enterprise (NYSE: HPE) is building a new supercomputer for Thailand's National Science and Technology Development Agency (NSTDA) that is 30X faster than its existing system. The HPE Cray EX system will enhance research in pharmaceuticals, renewable energy, and weather forecasting. This supercomputer aims to boost Thailand's economy and self-reliance by supporting public and private R&D. It features advanced technologies including 496 3rd Gen AMD EPYC processors and NVIDIA A100 GPUs, delivering 13 petaflops of peak performance, and is scheduled for installation in 2022.

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Hewlett Packard Enterprise (NYSE: HPE) has partnered with RMIT University to implement the HPE GreenLake platform, enhancing the university's data storage capabilities in response to increased online learning demands. This solution eliminates substantial upfront data storage costs and reduces service delivery resources by 50%. RMIT, which serves 95,000 students, aims to shift from managing infrastructure to enabling value for students. The partnership is expected to foster innovation and improve the educational experience through advanced hybrid cloud infrastructures.

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Hewlett Packard Enterprise's Aruba has been recognized as a Leader for the sixteenth consecutive year in Gartner's Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure. In addition, Aruba achieved the highest scores in three out of five use cases in Gartner's Critical Capabilities report, outperforming all competitors. This recognition reinforces Aruba's commitment to a 'customer first, customer last' philosophy and its focus on innovation through Aruba ESP and as-a-service initiatives, signaling strong market leadership and sustained value for enterprises.

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Hewlett Packard Enterprise (NYSE: HPE) has announced the construction of 'Adastra,' one of Europe's most powerful supercomputers at CINES, France, as part of a partnership with GENCI. Utilizing the HPE Cray EX system and 3rd Gen AMD EPYC processors, Adastra aims to provide over 70 petaflops, significantly enhancing performance by more than 20X compared to existing systems. This initiative will bolster research in renewable energy, material science, and medical advancements, propelling France's R&D capabilities forward.

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Hewlett Packard Enterprise (NYSE: HPE) will host a live audio webcast on November 30, 2021, at 4:30 p.m. ET to discuss its fourth quarter financial results for fiscal 2021, which concluded on October 31, 2021. Investors can access the webcast at www.hpe.com/investor/2021Q4Webcast. A replay will be available shortly after the live event and will remain accessible for one year.

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Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), announced the deployment of an Aruba ESP network at WIPTEC's new 1.7 million-square-foot distribution center in Longueuil, Quebec. WIPTEC, a leader in order fulfillment, processes 85 million parcels annually and sought a robust network to support 10,000 devices, ensuring real-time data access for optimal operations. The upgrade aims to enhance automation, minimize downtime, and improve labor efficiency, vital amidst rising e-commerce demand. WIPTEC plans further upgrades and the establishment of additional fulfillment centers, including a refrigerated one in 2023.

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FAQ

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

The current stock price of Hewlett Packard Enterprise Company (HPE) is $24.37 as of January 24, 2025.

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

The market cap of Hewlett Packard Enterprise Company (HPE) is approximately 31.6B.

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

31.56B
1.31B
0.4%
86.79%
2.59%
Communication Equipment
Computer & Office Equipment
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United States of America
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