HPE forecasts fiscal 2026 results below estimates, shares fall

By Yahoo! Finance   |   1 month ago
HPE forecasts fiscal 2026 results below estimates, shares fall

Hewlett Packard Enterprise's shift towards AI and networking, following its Juniper Networks acquisition, led to a lower profit and revenue forecast, disappointing Wall Street. The company aims to focus on AI infrastructure growth, with plans to merge business segments and cut jobs for integration.

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