HPE stock sinks 10% on weak guidance for fiscal 2026

By CNBC   |   1 month ago
HPE stock sinks 10% on weak guidance for fiscal 2026

Hewlett Packard Enterprise's CEO Antonio Neri announced disappointing fiscal 2026 guidance, leading to a 7% drop in stock value. HPE plans to focus on strategic priorities, including networking technology and artificial intelligence offerings, to drive growth and shareholder value.

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