The enterprise AI company expects sequential growth in revenue during the current quarter, but also steeper adjusted operating losses on a sequential basis.
HPE’s outlook bracketed the consensus view, beating at the midpoint on revenue but coming up shy at the midpoint on earnings per share.
It’s getting harder to find a job — but companies are still hesitant to make layoffs, the latest Labor Department data show.
Democratic presidential nominee Kamala Harris on Wednesday backed a lower top tax rate for capital gains than President Joe Biden has proposed, with the move coming after her campaign previously had signaled agreement with Biden’s stance.
Market timers are still bullish — and that’s troubling.
While layoffs still rare, firms are cutting worker hours.
Nvidia, Meta Platforms, Alphabet and other mega-growth tech companies give shareholders cash and upside.
The next several years are likely to see continued dominance of the largest-cap stocks, for at least three major reasons.
