HPE Shares Surge Over 25% on Strong Earnings and Server Demand
Hewlett Packard Enterprise (HPE) shares surged over 25%, setting a potential record for the company's best daily gain, following better-than-expected second-quarter earnings driven by strong AI-related server demand. The stock reported adjusted EPS of $0.79 against expectations of $0.53 and revenue of $10.68 billion versus an expected $9.79 billion.
