15.01 0.00 (0.00%)
After hours: 5:40PM EDT
|Bid||15.05 x 21500|
|Ask||15.30 x 3000|
|Day's Range||14.95 - 15.11|
|52 Week Range||12.09 - 17.59|
|Beta (3Y Monthly)||1.25|
|PE Ratio (TTM)||74.31|
|Forward Dividend & Yield||0.45 (3.00%)|
|1y Target Est||N/A|
The all-important S&P 500 is about to get a new constituent, and the CEO of a hot tech stock takes a seat.
HP Enterprise (HPE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Edge computing forms a core focus area for AT&T (T) and marks a positive stride forward in providing faster processing and potentially enhanced security for business applications.
Hewlett Packard's (HPE) new intelligent platform will help businesses by delivering autonomous, self-managing data storage, and accelerate application performance.
(Bloomberg) -- Hewlett Packard Enterprise Co. will make all its products available through subscriptions, Chief Executive Officer Antonio Neri’s biggest move yet to shield the server maker from growing cloud-computing competition.HPE’s computer servers, storage hardware, networking gear and software will be available through a pay-per-use or subscription model by 2022, the San Jose, California-based company said Tuesday in a statement.Neri took over the company in February 2018, and has focused on keeping HPE relevant in a changing market for information technology. Cloud vendors such as Amazon.com Inc. and Microsoft Corp. have seen booming sales while global server demand has stagnated. First, Neri downplayed the threat from the public cloud companies, investing $4 billion in edge computing, which lets clients process information on hardware far away from data centers and he touted as the next wave of computing. Recently, HPE has taken a more pragmatic approach, forming a partnership with Google that will help clients adopt a hybrid model -- to move information between their own corporate data centers and large public clouds.HPE made the subscription announcement at its annual Discover conference in Las Vegas. This is the company’s most significant effort to generate more recurring revenue, which can help boost overall sales. HPE’s revenue has shrunk in the last two quarters compared with a year earlier.“We will reshape HPE and transform the market, with a new and better way to deliver as a service,” Neri said in a statement.To contact the reporter on this story: Nico Grant in San Francisco at email@example.comTo contact the editors responsible for this story: Jillian Ward at firstname.lastname@example.org, Andrew Pollack, Alistair BarrFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
We at Insider Monkey have gone over 738 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st. In this article, we look at what those funds think of Hewlett Packard Enterprise Company (NYSE:HPE) based on […]
Hewlett Packard Enterprise (HPE) unveils Aruba Instant On wireless solutions to meet the growing needs of small businesses, backed by digital transformation.
Cisco (CSCO) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Ever since Disney (NYSE:DIS) announced its streaming service, the question has been about whether Disney stock can absorb the Netflix (NASDAQ:NFLX) level content creation while maintaining its profitability.Source: Maurizio Pesce Via FlickrThe success of Netflix has much to do with the powers of Artificial Intelligence. With the technology, the company has been able to personalize movie recommendations, based on processing huge amounts of data.Netflix also has used AI for the movie-making process, say for identifying content categories, scouting for production and editing. Oh, and the technology has also been critical for dealing with the complexities of streaming video so the experience is top-notch.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor the most part, Netflix has shown that algorithms can be a silver bullet in the highly creative world of original content. A Closer Look at Disney StockIn light of all this, might Dinsey be at a disadvantage? Well, we will find out soon. The company is expected to launch its entertainment streaming service in mid-November. Its receotion will be critical for Disney stock price.I think it's important to keep in mind that the company has strong technology chops. After all, throughout Disney's history, the company has been at the forefront of innovation. Some examples include the use of audio-animatronics and monorails as well as automation systems for its films.Disney has also made some important acquisitions for tech-focused companies like Pixar and BAMTech, which is a streaming platform.OK, what about AI? Well, the good news for DIS stock is that the company has been making significant investments in this category. At the heart of this is Disney Research, which includes researchers that focus on three areas: * AI and ML (Machine Learning): This involves the use of deep learning to unlock insights from data as well as to help with content generation. * Immersive Technologies: This is where researchers leverage technologies to create life-like environments, such as with AR and VR. * Robotics: This is to develop autonomous systems that can interact with people, say at the theme parks. Future Tech and Disney StockNo doubt, the research can be extremely complex. Note some of the titles of recent technical papers: "Trajectory-based Probabilistic Policy Gradient for Learning Locomotion Behaviors" and "A Two-Level Planning Framework for Mixed Reality Interactive Narratives with User Engagement."In one of the recent papers written in partnership with Rutgers University, there was a model that converts the text of a script into animation!But the research efforts are not just theoretical, they already have had an impact. For example, the company's theme parks are essentially mini-communities that allow for experimenting with innovative technologies like Magic Bands.AI is also playing an important role in the movie-making process. By leveraging relationships with partners like Cisco (NASDAQ:CSCO) and Hewlett Packard Enterprise (NYSE:HPE), the company has been able to measure how users react to content. For the most part, Disney's rock-solid record with feature films is really no accident.Something else: the acquisition of Hulu, from partners AT&T (NYSE:T) and Comcast (NASDAQ:CMCSA), is another big tech boost. Founded in 2006, the platform has grown to 28 million subscribers and has features like AI-powered ads, which are based on IBM's (NYSE:IBM) Watson system. Bottom Line Disney StockBesides AI, Disney stock has various other catalysts. The movie pipeline is solid for this year, with upcoming films like Lion King, Frozen 2, Toy Story 4, and the final Star Wars movie in the original trilogy. There will also likely be a lift from the Star Wars Galaxy Edge Park (at Disneyland and Disney World) and Tokyo's DisneySea.Yet the real focus will certainly be on the streaming service. And given the company's tech prowess and rich film library, it should be a game changer for the company.Tom Taulli is the author of the upcoming book, Artificial Intelligence Basics: A Non-Technical Introduction. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Dark Horse Stocks Winning the Race in 2019 * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown * 4 Technology Stocks Blasting Higher Compare Brokers The post Disney Stock Will Thrive in AI-Driven Entertainment appeared first on InvestorPlace.
Scenes from the turbulent past of Silicon Valley’s oldest tech company have been playing out in London this past week, alongside ones representing its more stable, less headline-grabbing present. HPE versus Autonomy founder Mike Lynch has been taking place just a mile from its London headquarters, but Mr Neri, in a Financial Times interview there, was keen to point out HPE’s distance in business terms from the company that bought Autonomy.
Hewlett Packard Enterprise Company (NYSE:HPE) saw significant share price movement during recent months on the NYSE...
Dell Technologies Inc., HP Inc. and Hewlett Packard Enterprise Co. are among the U.S. technology companies that manufacture products in Mexico. Computers and printers made by these companies and imported into the U.S. from Mexico would face a 5% levy starting June 10, according to Trump’s decree.
Nutanix's (NTNX) third-quarter fiscal 2019 results benefit from continued growth in customer base. However, slower sales cycles hurt the top line.
HPE Has Strong Earnings Outlook amid Weak Revenue Trend(Continued from Prior Part)HPE’s Q2 resultsHP Enterprise (HPE) reported better-than-forecasted earnings but lagged revenue estimates in the second quarter of fiscal 2019. Improved margins and