Snowflake (SNOW) CEO Sridhar Ramaswamy sits down with Yahoo Finance Executive Editor Brian Sozzi to explain how the software company has leveraged artificial intelligence (AI) to avoid the SaaSpocalypse and come out ahead amid the AI boom.
Snowflake (SNOW) CEO Sridhar Ramaswamy sits down with Yahoo Finance Executive Editor Brian Sozzi to explain how the software company has leveraged artificial intelligence (AI) to avoid the SaaSpocalypse and come out ahead amid the AI boom.
Hewlett Packard Enterprise (HPE) shares are surging by over 30% in Tuesday trading after roaring past fiscal second quarter estimates on adjusted earnings and revenue. HPE is finally being hailed as a competitive name in the AI infrastructure arena, alongside the likes of Dell Technologies (DELL). EMJ Capital founder and president Eric Jackson speaks with Yahoo Finance Executive Editor Brian Sozzi...
Hewlett Packard Enterprise (HPE) shares are surging by over 30% in Tuesday trading after roaring past fiscal second quarter estimates on adjusted earnings and revenue. HPE is finally being hailed as a competitive name in the AI infrastructure arena, alongside the likes of Dell Technologies (DELL). EMJ Capital founder and president Eric Jackson speaks with Yahoo Finance Executive Editor Brian Sozzi about whether he believes the AI trade is reaching a mania-level amid these euphoric stock moves.
Anthropic ( ANTHRO ) said on Tuesday that it is expanding its cybersecurity initiative, known as Project Glasswing , to another 150 new organizations. The organizations in the group are based in more than 15 countries, and most provide critical infrastructure to many more, Anthropic said. The group includes companies in areas such as power, water, healthcare, communications, and hardware, the AI c...
Anthropic ( ANTHRO ) said on Tuesday that it is expanding its cybersecurity initiative, known as Project Glasswing , to another 150 new organizations. The organizations in the group are based in more than 15 countries, and most provide critical infrastructure to many more, Anthropic said. The group includes companies in areas such as power, water, healthcare, communications, and hardware, the AI company added. “And many of the new partners are vendors—companies or nonprofits that maintain codebases that are relied upon by lots of other organizations around the world, including governments,” Anthropic wrote in a statement. “What each partner has in common is that a successful attack on their codebase could be catastrophic. For most partners, we estimate that a major attack could affect more than 100 million people, with important ramifications for both global and national security. This expansion is the next step toward our long-term goals: for AI to make all software more secure, and for us to help the industry adjust to how AI could change many of the core assumptions of cybersecurity.” Last month, Anthropic added Verizon ( VZ ) to Project Glasswing. Project Glasswing is a cybersecurity initiative that will be built with the capabilities of its most powerful model, Claude Mythos Preview, with help from the most prolific software and security providers. Other companies that are already a part of Project Glasswing include CrowdStrike ( CRWD ), Palo Alto Networks ( PANW ), Microsoft ( MSFT ), Cisco ( CSCO ), Broadcom ( AVGO ), Google ( GOOG )( GOOGL ), Apple ( AAPL ), Nvidia ( NVDA ), Amazon ( AMZN ), JPMorgan Chase ( JPM ), and the Linux Foundation. The capabilities of the new model have demonstrated that “ AI models have reached a level of coding capability where they can surpass all but the most skilled humans at finding and exploiting software vulnerabilities,” Anthropic said recently. The American Securities Association recently said that Claude Mythos poses sign...
Getty Images Just like Dell ( DELL ) last week, server maker Hewlett-Packard Enterprise ( HPE ) crushed expectations for its second fiscal quarter on June 1, 2026 and significantly raised its financial outlook for FY 2026 amid strong order volumes and higher-than-expected sales of data center products. Hewlett-Packard Enterprise's shares soared more than 26% in the after-hours market after the har...
Getty Images Just like Dell ( DELL ) last week, server maker Hewlett-Packard Enterprise ( HPE ) crushed expectations for its second fiscal quarter on June 1, 2026 and significantly raised its financial outlook for FY 2026 amid strong order volumes and higher-than-expected sales of data center products. Hewlett-Packard Enterprise's shares soared more than 26% in the after-hours market after the hardware company submitted its results for the second fiscal quarter, highlighting strong investor enthusiams. I like HPE but tend to become a little bit more cautious once the mainstream fully appreciates the strength of the underlying investment thesis. I do see continual valuation upside to a Dell-like 20X forward P/E, however, at which point I would consider gradually decreasing my exposure to this AI server growth play. Previous rating I recommended Hewlett-Packard Enterprise in my last work on the hardware company as a 'Buy' because of accelerating momentum for AI-optimized servers that are needed in data centers in order to run specific AI workloads at scale: Strong AI-Led Growth Setup . Just like Dell, which crushed estimates last week amid a 757% year-over-year growth rate for its AI-optimized server business, I believe HPE is well-positioned to capitalize on growing server demand in a market that is going through a major ramp-up phase, driven by the increasing potency of generative AI models. The degree to which Hewlett-Packard Enterprise's guidance was raised is significant, and I am confirming my 'Buy' rating. Massive AI-driven growth Hewlett-Packard Enterprise published better-than-expected results for its second-quarter revenues and earnings, with strong demand for its AI-optimized servers driving significant year-over-year gains and Wall Street estimate outperformance: the server maker reported $0.79 per share in normalized earnings on June 1, 2026, which beat estimates by $0.26 per share. Revenues came in at $10.7B, beating analyst expectations by $918M. Seekin...
Shares of Hewlett Packard Enterprise (NYSE:HPE) are up 25% in early Tuesday trading, changing hands near $59 after a blowout fiscal Q2 2026 report. Super Micro Computer (NASDAQ:SMCI) stock is along for the ride, climbing 5% to around $49 on a sympathy bid. The move caps an extraordinary stretch for HPE stock, which entered the ... Hewlett Packard Enterprise Rockets 25%, Super Micro Computer Climbs...
Shares of Hewlett Packard Enterprise (NYSE:HPE) are up 25% in early Tuesday trading, changing hands near $59 after a blowout fiscal Q2 2026 report. Super Micro Computer (NASDAQ:SMCI) stock is along for the ride, climbing 5% to around $49 on a sympathy bid. The move caps an extraordinary stretch for HPE stock, which entered the ... Hewlett Packard Enterprise Rockets 25%, Super Micro Computer Climbs 5% as AI Server Demand Lights Up Q2 Earnings
Tesla stock dipped early Tuesday as CEO Elon Musk reminded investors about where his EV company started and how far it’s come. The move came after Musk tweeted that Tesla’s IPO market cap was only 0.1% of its current market cap. The tweet also comes just ahead of SpaceX’s massive IPO, which is expected to raise a record amount of cash, and could value the rocket company at $2 trillion.
Tesla stock dipped early Tuesday as CEO Elon Musk reminded investors about where his EV company started and how far it’s come. The move came after Musk tweeted that Tesla’s IPO market cap was only 0.1% of its current market cap. The tweet also comes just ahead of SpaceX’s massive IPO, which is expected to raise a record amount of cash, and could value the rocket company at $2 trillion.
hapabapa/iStock Editorial via Getty Images Twilio ( TWLO ) appears to have been deemed an AI winner. The company has seen growth accelerate while also delivering solid gains in profitability. The software sector has been beaten down as investors appear concerned regarding potential AI disruption over the long term. TWLO now trades at a notable premium to many software peers, the magnitude of which...
hapabapa/iStock Editorial via Getty Images Twilio ( TWLO ) appears to have been deemed an AI winner. The company has seen growth accelerate while also delivering solid gains in profitability. The software sector has been beaten down as investors appear concerned regarding potential AI disruption over the long term. TWLO now trades at a notable premium to many software peers, the magnitude of which I find unjustified. In spite of the strong financial results, I am downgrading the stock to a sell rating. TWLO Stock Price I last covered TWLO in March where I recommended avoiding the stock due to valuation. The stock has soared over 60% since. Data by YCharts I suspect that I might prove early in my bearishness, but I think the market is not adequately pricing in the possibility that the growth ends up proving more cyclical than secular. TWLO Stock Key Metrics TWLO is an enterprise software company that allows developers to integrate communication features such as voice, text, video, and others, directly into their applications. The company had once seen top-line growth slow to the single-digit-range following the pandemic, but has since seen a pronounced resurgence in growth due to AI. In the most recent quarter, the company generated 20% YoY revenue growth to $1.4 billion, including a 16% organic growth rate. This exceeded guidance for around 15% revenue growth. That 20% growth rate represented a significant step up from the 14% growth rate posted in the fourth quarter. 2026 Q1 Presentation The company saw gross margins come in at 50%. This was in-line sequentially and I view this positively given that investors had previously been concerned about margin deterioration due to higher carrier fees. 2026 Q1 Presentation The company saw its dollar-based net expansion rate surge 700 bps YoY to 114%. Many software investors have been looking for acceleration in top-line growth as evidence of immunity from the so-called SaaS apocalypse. In this respect, TWLO appears to have d...
primeimages/E+ via Getty Images Investment Approach Fidelity® International Growth Fund ( FIGFX ) is a diversified international equity strategy with a large-cap growth orientation. Our investment approach targets companies with multiyear structural growth prospects, high barriers to entry and attractive valuations based on our earnings forecasts. Investment ideas typically fall into three main ca...
primeimages/E+ via Getty Images Investment Approach Fidelity® International Growth Fund ( FIGFX ) is a diversified international equity strategy with a large-cap growth orientation. Our investment approach targets companies with multiyear structural growth prospects, high barriers to entry and attractive valuations based on our earnings forecasts. Investment ideas typically fall into three main categories: structurally attractive growth themes, where investors may be underestimating the durability of growth drivers and long-term earnings power; cyclically out-of-favor companies with limited competition and pricing power, where investors may be focusing on near-term cyclical concerns and discounting long-term prospects; and companies with strong earnings potential whose share prices have fallen due to macroeconomic events. • We strive to uncover these companies through in-depth fundamental analysis, working in concert with Fidelity's global research team, with the goal of capturing market upside while limiting downside participation. PERFORMANCE SUMMARY Cumulative Cumulative Annualized Annualized Annualized Annualized 3 Month YTD 1 Year 3 Year 5 Year 10 Year/LOF 1 Fidelity International Growth Fund Gross Expense Ratio: 0.84% 2 -2.20% -2.20% 13.19% 9.85% 5.24% 8.70% MSCI EAFE Growth Index (Net MA) -4.66% -4.66% 12.87% 7.68% 3.70% 7.30% Morningstar Foreign Large Growth -4.01% -4.01% 12.49% 8.99% 2.82% 7.42% % Rank in Morningstar Category (1% = Best) -- -- 46% 42% 27% 27% # of Funds in Morningstar Category -- -- 382 359 332 225 Click to enlarge 1 Life of Fund (LOF) if performance is less than 10 years. Fund inception date: 11/01/2007. 2 This expense ratio is from the most recent prospectus and generally is based on amounts incurred during the most recent fiscal year, or estimated amounts for the current fiscal year in the case of a newly launched fund. It does not include any fee waivers or reimbursements, which would be reflected in the fund's net expense ratio. Past p...
J Studios/DigitalVision via Getty Images Job openings rose to 7.618M in April from 6.887M in the prior month (revised from 6.866M), against the consensus of 6.833M, according to data released by the Bureau of Labor Statistics on Tuesday. The number of job openings increased in professional and business services (+668K), but decreased in finance and insurance (-135K). Job openings rate ticked up to...
J Studios/DigitalVision via Getty Images Job openings rose to 7.618M in April from 6.887M in the prior month (revised from 6.866M), against the consensus of 6.833M, according to data released by the Bureau of Labor Statistics on Tuesday. The number of job openings increased in professional and business services (+668K), but decreased in finance and insurance (-135K). Job openings rate ticked up to 4.6% from 4.2% in March, according to the BLS's Job Openings and Labor Turnover Survey. Over the month, hires and total separations decreased to 5.1M (-419K) and 5.0M (-399K), respectively. Hires were little changed in all industries, while separations decreased in retail trade (-136K). Quits rate was little changed at 1.9%, vs. 2.0% prior. Layoffs and discharges were little changed at 1.1%, with a notable decrease seen in retail trade (-88K). More on Jobs & Employment The AI boom is creating jobs, not destroying them, Apollo says Summer job crunch leaves teens facing toughest hiring market in decades Low unemployment streak revives debate over job market's new floor
Javier Ruiz/iStock via Getty Images We are upgrading VNET ( VNET ) to HOLD from SELL on the back of solid 1Q26 results. Consistent with our industry thesis on GDS ( GDS ) (see: GDS Holdings: Navigating The Structural Time Lag Of China's AI Infrastructure Boom ), we believe that VNET is well-positioned for China’s AI capex momentum as the country attempts to grow under the constraints of US tech po...
Javier Ruiz/iStock via Getty Images We are upgrading VNET ( VNET ) to HOLD from SELL on the back of solid 1Q26 results. Consistent with our industry thesis on GDS ( GDS ) (see: GDS Holdings: Navigating The Structural Time Lag Of China's AI Infrastructure Boom ), we believe that VNET is well-positioned for China’s AI capex momentum as the country attempts to grow under the constraints of US tech policy. However, we believe that our thesis has fundamentally shifted since we last published, as VNET’s revenue mix has changed significantly over the years (see: VNET: Riding AI Waves While Retail IDC Anchors The Ship ). We were negative on VNET largely due to its higher mix of retail legacy IDC business, which we viewed as insufficient to move the needle, given that retail IDC accounted for ~60% of VNET's revenue and was likely to remain a drag on VNET's revenue growth outlook given the weak retail demand profile. While we acknowledge management’s focus on scaling the wholesale business to offset the retail weakness, we were also concerned about potential higher capex risk and competition from other service providers. Over the years, this narrative has taken a turn in that wholesale IDC revenue has grown to account for roughly half of total IDC revenue, backed by growing capacity demand and utilization rate. More importantly, backlog growth has been healthy, indicating positive momentum as we head into 2H of this year and is supportive of our bullish industry view. The shift in VNET’s fundamentals gives us comfort in that the narrative is in a much better position than a year ago, driven by the resilient growth in the wholesale IDC business; hence, we upgrade the stock to HOLD from our prior SELL rating. Why not double-upgrade to BUY? Management maintained its 2026 guidance, unlike GDS, which guided no meaningful revenue growth until 2H27. Company presentation VNET spent 1.9bn in capex in Q1, and management guided 10bn-12bn in annualized capex for 2026, mostly allocated to...
In this article HPE Follow your favorite stocks CREATE FREE ACCOUNT Hewlett Packard Enterprise rings the Opening Bell at the New York Stock Exchange on Oct. 15, 2025. NYSE Shares of Hewlett Packard Enterprise surged 25% Tuesday, pacing for its biggest daily gain ever as the company posted its biggest earnings beat since 2018. The stock is looking to set a new intraday all-time high. Artificial int...
In this article HPE Follow your favorite stocks CREATE FREE ACCOUNT Hewlett Packard Enterprise rings the Opening Bell at the New York Stock Exchange on Oct. 15, 2025. NYSE Shares of Hewlett Packard Enterprise surged 25% Tuesday, pacing for its biggest daily gain ever as the company posted its biggest earnings beat since 2018. The stock is looking to set a new intraday all-time high. Artificial intelligence-related demand in its server unit blew away analysts' expectations for second-quarter earnings. HPE reported adjusted earnings per share of 79 cents, versus 53 cents expected, and overall revenue soared to $10.68 billion versus an expected $9.79 billion. Server revenue alone, a sub-division of its cloud and AI unit, came in at $5.45 billion, topping the $4.66 billion analysts expected. In the wake of Dell's own AI-fueled earnings blowout, some analysts are getting cautious about how sustainable demand might be in the server space, as firms continue to buy and server prices climb. Bernstein increased their HPE estimates after better projections in the traditional server unit and took their price target to $62 from $35, writing that "a lot of the upside is already in the stock." The firm kept its rating at Market Perform. Morgan Stanley took their price target from $33 to $71. "Similar to DELL, HPE is seeing material upside to results from inelastic server demand and share capture, as servers become strategic, and those with supply take price," Morgan Stanley analysts wrote. "Durability of demand vs. peak earnings risk will be the key debate from here." Read more CNBC tech news Nvidia's new PC chips represent CEO Huang's bid to win at every layer of AI stack Amazon's four-day Prime Day event starts June 23, as shoppers battle inflation Blue Origin launchpad damaged in rocket explosion may not be restored until 2028, Isaacman says Microsoft and Google are late to AI coding, but 'absolutely critical' they compete for growth CNBC's Katie Tarasov, Kristina Partsinevelos...
Sundry Photography/iStock Editorial via Getty Images Snowflake's ( SNOW ) partnership with Anthropic ( ANTHRO ) is driving up Claude adoption by enterprises through Snowflake Cortex AI, the companies announced today at Snowflake Summit 26 . The two companies initially announced the multi-year partnership in December 2025. "The rapid adoption of models like Claude through Snowflake Cortex AI reflec...
Sundry Photography/iStock Editorial via Getty Images Snowflake's ( SNOW ) partnership with Anthropic ( ANTHRO ) is driving up Claude adoption by enterprises through Snowflake Cortex AI, the companies announced today at Snowflake Summit 26 . The two companies initially announced the multi-year partnership in December 2025. "The rapid adoption of models like Claude through Snowflake Cortex AI reflects a broader shift in what enterprises expect from AI," said Christian Kleinerman , EVP of Product at Snowflake. "Customers want AI that works directly on their governed data, not in isolated systems. We're seeing strong demand across our AI products, with Snowflake Cortex Code becoming the fastest-growing product in Snowflake's history." Snowflake's Cortex Code now has more than 7,100 users, and enterprises adopting the company's AI solutions include Basis, Block, Carvana ( CVNA ), eSentire, Indeed, and Notion. "Snowflake brings the governed data environment enterprises already rely on, and Claude brings the reasoning to put that data to work," said Steve Corfield , Head of Global Business Development & Partnerships at Anthropic. "Together we're making it easy for organizations to use trusted AI on their most critical business data." More on Snowflake and Anthropic Snowflake: Escalating Agentic AI Catalyst Snowflake Just Signed A 5-Year Check To Its Biggest Competitor Snowflake Roars Back To Life On AI Growth, Earnings Beat. Still Looks Undervalued Is Alphabet's stock offering the sign of things to come for AI companies? Salesforce stake in Anthropic valued at nearly $5B: report
Cotton prices are up 60 to 93 points so far on Tuesday morning. Futures were up 36 to 62 points in most contracts on Monday. The US dollar index was $0.288 lower at $98.140. Crude Oil as up $5.26 at the close. The weekly NASS Crop Progress report showed 66%...
Cotton prices are up 60 to 93 points so far on Tuesday morning. Futures were up 36 to 62 points in most contracts on Monday. The US dollar index was $0.288 lower at $98.140. Crude Oil as up $5.26 at the close. The weekly NASS Crop Progress report showed 66%...
Lean hog futures are trading with losses of 75 cents to $1.12 at the close, with July 35 cents higher. Open interest suggested modest new selling interest, up 3,225 contracts. USDA’s national base hog price was reported at $93.86 on Monday afternoon, up 63 cents from the day prior. The...
Lean hog futures are trading with losses of 75 cents to $1.12 at the close, with July 35 cents higher. Open interest suggested modest new selling interest, up 3,225 contracts. USDA’s national base hog price was reported at $93.86 on Monday afternoon, up 63 cents from the day prior. The...
Live cattle futures saw gains of 75 cents to $2.05 across the board on Monday. Cash trade felt softer last week to $255-258 across the country. Feeder cattle futures were $3.12 to $3.625 higher on the Monday session. The CME Feeder Cattle Index was back down $6.26 on May 29...
Live cattle futures saw gains of 75 cents to $2.05 across the board on Monday. Cash trade felt softer last week to $255-258 across the country. Feeder cattle futures were $3.12 to $3.625 higher on the Monday session. The CME Feeder Cattle Index was back down $6.26 on May 29...
Soybeans are down 1 to 2 cents in the front months on Tuesday AM trade. Futures closed the Monday session with contracts down 1 to 6 cents. Open interest was up 5,207 contracts on Monday. The cmdtyView national average Cash Bean price was down 3 3/4 cents at $11.21 1/4....
Soybeans are down 1 to 2 cents in the front months on Tuesday AM trade. Futures closed the Monday session with contracts down 1 to 6 cents. Open interest was up 5,207 contracts on Monday. The cmdtyView national average Cash Bean price was down 3 3/4 cents at $11.21 1/4....