Sundry Photography/iStock Editorial via Getty Images Hewlett Packard Enterprise ( HPE ) rocketed more than 30% after reporting its second quarter fiscal 2026 financial results post-market on Monday, which featured a massive guidance increase. For the entire fiscal year, HPE raised its adjusted earnings per share to range from $3.35 to $3.45 compared to its prior guidance of $2.30 to $2.50. The con...
Sundry Photography/iStock Editorial via Getty Images Hewlett Packard Enterprise ( HPE ) rocketed more than 30% after reporting its second quarter fiscal 2026 financial results post-market on Monday, which featured a massive guidance increase. For the entire fiscal year, HPE raised its adjusted earnings per share to range from $3.35 to $3.45 compared to its prior guidance of $2.30 to $2.50. The consensus estimate calls for $2.43. The company increased its free cash flow expectation to $3.5B from $2B. The estimate expected $2.2B. It also projects its revenue to jump from 29% to 33% year over year. For the quarter ended April 30, the enterprise technology company reported adjusted EPS of $0.79 versus the $0.53 consensus estimate. Revenue for the second quarter increased 40% year over year to $10.68B, which was more than the $9.76B estimate. It reported an adjusted gross margin of 36.9% versus the 34.5% estimate and an adjusted operating margin of 13.3% compared to the 10.5% consensus. On a segment basis, Networking revenue surged 148% year over year to $2.7B, while Cloud and AI revenue climbed 23% to $7.7B. For the quarter in progress, HPE expects adjusted EPS of $0.88 to $0.93, which is much more than the $0.54 estimate. The company expects revenue to range from $11.5B to $12.1B, which completely clears the $10.88B consensus. "We drove high profitability and cash generation this quarter through continued operational discipline as well as executing ahead of schedule against Juniper Networks and Catalyst cost synergies," said Marie Myers , executive vice president and CFO of HPE. "Based on our performance, we are raising our fiscal 2026 guidance and introducing a fiscal 2027 financial growth framework. These updates reflect the durability of our performance and continued operational excellence—and point to faster progress toward our long-term financial plan." The fiscal 2027 outlook framework expects revenue to increase from 8% to 12%, adjusted EPS to increase from 12% ...
Meta’s AI ambitions are getting expensive, and now Zuckerberg is betting chatbot subscriptions and layoffs to convince that AI spending spree will eventually pay off.
Meta’s AI ambitions are getting expensive, and now Zuckerberg is betting chatbot subscriptions and layoffs to convince that AI spending spree will eventually pay off.
Kristina Peterson, Bloomberg reporter covering food, says that consumer demand for additional protein in the US has increased so much that companies are facing supply shortages in whey protein. Manufacturers are racing to source other supply lines or are forced to reformulate recipes. (Source: Bloomberg)
Kristina Peterson, Bloomberg reporter covering food, says that consumer demand for additional protein in the US has increased so much that companies are facing supply shortages in whey protein. Manufacturers are racing to source other supply lines or are forced to reformulate recipes. (Source: Bloomberg)
A screen of U.S. utility stocks with market capitalizations from $300M to $2B highlights names like Montauk Renewables ( MNTK ), Suburban Propane Partners ( SPH ), and XPLR Infrastructure ( XIFR ), which are the market's most attractive names in terms of valuation grades. The valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination o...
A screen of U.S. utility stocks with market capitalizations from $300M to $2B highlights names like Montauk Renewables ( MNTK ), Suburban Propane Partners ( SPH ), and XPLR Infrastructure ( XIFR ), which are the market's most attractive names in terms of valuation grades. The valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such as P/E, PEG, price to sales, and price to cash flow, using both current and forward estimates. The overall valuation grade is derived from a comparison of all underlying metrics and reflects how attractively the stock is priced compared to its sector peers. Most cheap U.S. stocks by valuation grade (market cap between $300M and $2B) Montauk Renewables, Inc. ( MNTK ): valuation grade A+ Suburban Propane Partners, L.P. Common Units ( SPH ): valuation grade A+ XPLR Infrastructure, LP Common Units ( XIFR ): valuation grade A+ Empresa Distribuidora y Comercializadora Norte Sociedad Anónima ( EDN ): valuation grade A Unitil Corporation ( UTL ): valuation grade B+ RGC Resources, Inc. ( RGCO ): valuation grade B Genie Energy Ltd. ( GNE ): valuation grade C+ More on Montauk Renewables Montauk Renewables, Inc. 2026 Q1 - Results - Earnings Call Presentation Montauk Renewables, Inc. (MNTK) Q1 2026 Earnings Call Transcript Montauk Renewables, Inc. (MNTK) Q4 2025 Earnings Call Transcript Montauk reaffirms 2026 RNG revenue $175m-$190m as Turkey, North Carolina syngas sales start in May Montauk Renewables GAAP EPS of $0.00 misses by $0.01, revenue of $46.4M misses by $5.9M
Vast Space, founded by former crypto tycoon Jed McCaleb , will establish a European headquarters in Paris and send French astronauts on two crewed missions to space, the company announced Monday. The startup is among several firms developing commercial successors to the International Space Station, which is set to de-orbit by 2030. The first mission will be a private astronaut mission to the ISS, ...
Vast Space, founded by former crypto tycoon Jed McCaleb , will establish a European headquarters in Paris and send French astronauts on two crewed missions to space, the company announced Monday. The startup is among several firms developing commercial successors to the International Space Station, which is set to de-orbit by 2030. The first mission will be a private astronaut mission to the ISS, in which Vast will partner with Elon Musk ’s SpaceX to send a crew to the orbiting laboratory. Since 2019, NASA has allowed companies to send astronauts to the ISS, helping these firms better understand the costs and challenges of operating space stations. The second mission, which will also launch aboard a SpaceX rocket, will send the first crew to Vast’s Haven-1 preliminary commercial space station. Both missions will launch in 2027 and are expected to last around two weeks. Read More: A Crypto Billionaire’s Gamble to Replace the Space Station Vast’s entry into Europe comes as NASA signals a reduced appetite for funding a replacement to the ISS. For years, NASA’s plan had been to partially fund the development of as many as two commercial stations so the agency could have multiple destinations for astronauts to visit in Earth orbit. But at an industry event in March, NASA officials signaled that they only have $250 million to spend annually on developing one commercial space station.
If you’re planning to travel this summer, both a Bluetooth tracker and a personal safety device can come in handy, especially if you’ll be exploring on your own. The Pebblebee Halo combines those two gadgets into one, and it’s currently on sale for $49.99 ($10 off) at Amazon , which is the best price we’ve seen. Amazon is also throwing in a fourth Halo for free when you buy three as a part of a li...
If you’re planning to travel this summer, both a Bluetooth tracker and a personal safety device can come in handy, especially if you’ll be exploring on your own. The Pebblebee Halo combines those two gadgets into one, and it’s currently on sale for $49.99 ($10 off) at Amazon , which is the best price we’ve seen. Amazon is also throwing in a fourth Halo for free when you buy three as a part of a limited time promotion . Pebblebee Halo Where to Buy: $59.99 $49.99 at Amazon Whether you’re touring a new city or heading back to your hotel after a night out, the Halo can help in a variety of situations. Like the Pebblebee Clip 5 — our favorite AirTag and Tile alternative — the rechargeable, water-resistant tracker does a good job of accurately helping you keep tabs of bags, wallets, keys, and other valuables. It offers up to 500 feet of Bluetooth range and taps into both Apple’s Find My network and Google’s Find Hub, so you can locate items even further away. What really sets it apart is that it’s also a personal safety device. With a quick pull, you can trigger off a piercingly loud 130dB siren, bright strobe lights, and automatic location sharing with one trusted contact. If you’d like to send your real-time location to multiple contacts at once, you’ll need Pebblebee’s Alert Live subscription (which costs $24.99 a year), but the good news is the service is included free for the first year, making the Halo an even better value at this price. Read our hands-on impressions of the Pebblebee Halo .
You're not alone if you're hurting for cash right now. Rising inflation has left many people scrambling to redo their budgets to stay on top of their bills. But sometimes, even careful budgeting isn't enough. If you need money quickly, a 401(k) loan might seem like your best option. There are pros and cons to this approach, and it's important to understand both before you proceed. Image source: Ge...
You're not alone if you're hurting for cash right now. Rising inflation has left many people scrambling to redo their budgets to stay on top of their bills. But sometimes, even careful budgeting isn't enough. If you need money quickly, a 401(k) loan might seem like your best option. There are pros and cons to this approach, and it's important to understand both before you proceed. Image source: Getty Images. Continue reading
JD.com ( JD ) shares snapped a six-session losing streak on Monday, closing 0.8% higher at $29.08. The Chinese e-commerce giant's stock lost more than 8% over these sessions, underperforming the broader market's 1.8% gain. Following its latest earnings report, JD.com has a quant rating of 4.73, corresponding to a Strong Buy recommendation. Recent results highlighted mixed trends. JD Retail posted ...
JD.com ( JD ) shares snapped a six-session losing streak on Monday, closing 0.8% higher at $29.08. The Chinese e-commerce giant's stock lost more than 8% over these sessions, underperforming the broader market's 1.8% gain. Following its latest earnings report, JD.com has a quant rating of 4.73, corresponding to a Strong Buy recommendation. Recent results highlighted mixed trends. JD Retail posted a margin beat and narrower losses in newer businesses, but an 8.4% decline in electronics and home appliances revenue raised concerns that government subsidy-driven demand may be fading. The company also faces intense competition from rivals Alibaba, Meituan, and PDD across supermarket and instant retail segments, while newer ventures have yet to establish meaningful differentiation. Some analysts remain constructive on the stock given resilient revenue growth, improving cash flow generation, and an attractive valuation of roughly 7.5 times forward earnings. They argue the risk-reward profile remains favorable for long-term investors, though clearer signs of sustained business stabilization may be needed to support a stronger bullish outlook. More on JD.com JD.com: The Subsidy Hangover Is Here, Downgrade To Hold JD.com, Inc. 2026 Q1 - Results - Earnings Call Presentation JD.com: Far From Being A Lost Cause Highest and lowest quant-rated consumer discretionary stocks above $10B cap after earnings season JD.com evaluating £2B bid for the Very Group - Sky News
Verra Mobility ( VRRM ) on Monday said insider Jon Keyser has been appointed interim President and Chief Executive Officer, effective immediately. David Roberts has agreed to step down as President and CEO and as a Director, effective immediately. Keyser has served as the company's Chief Transformation Officer and Executive Vice President and Chief Legal Officer. Prior to joining Verra Mobility, K...
Verra Mobility ( VRRM ) on Monday said insider Jon Keyser has been appointed interim President and Chief Executive Officer, effective immediately. David Roberts has agreed to step down as President and CEO and as a Director, effective immediately. Keyser has served as the company's Chief Transformation Officer and Executive Vice President and Chief Legal Officer. Prior to joining Verra Mobility, Keyser served as Vice President and General Counsel of Honeywell Performance Materials and Technologies, a division of Honeywell International that developed process technologies, automation solutions, advanced materials, hardware, chemicals, services and industrial software. More on Verra Mobility Verra Mobility Is Still A Quality Business Despite The Selloff Verra Mobility Corporation (VRRM) Q1 2026 Earnings Call Transcript Verra Mobility Corporation 2026 Q1 - Results - Earnings Call Presentation Verra Mobility stock plunges on Avis contract loss, lower 2026 outlook Verra Mobility reaffirms 2026 outlook of $1.02B-$1.03B revenue and $405M-$415M adjusted EBITDA amid $10M annualized cost savings plan
China’s SAIC Motor plans to set up a car factory in Spain’s northwestern region of Galicia that would be its first production facility in the European Union, the regional government said on Monday. Galicia’s leader Alfonso Rueda said his administration had given strategic priority to the project, with an initial investment envisaged at around €200 million (US$232 million). The project, which i...
China’s SAIC Motor plans to set up a car factory in Spain’s northwestern region of Galicia that would be its first production facility in the European Union, the regional government said on Monday. Galicia’s leader Alfonso Rueda said his administration had given strategic priority to the project, with an initial investment envisaged at around €200 million (US$232 million). The project, which includes a logistics hub, still requires the central government’s approval for foreign direct...
Antonio Neri, chief executive officer of Hewlett Packard Enterprise Co. (HPE), speaks during a keynote address at the HPE Discover event at the Sphere in Las Vegas, Nevada, US, on Tuesday, June 24, 2025. Ian Maule | Bloomberg | Getty Images Hewlett Packard Enterprise shares skyrocketed 30% on Monday after the tech company posted blockbuster second-quarter results that blew away estimates. Here's h...
Antonio Neri, chief executive officer of Hewlett Packard Enterprise Co. (HPE), speaks during a keynote address at the HPE Discover event at the Sphere in Las Vegas, Nevada, US, on Tuesday, June 24, 2025. Ian Maule | Bloomberg | Getty Images Hewlett Packard Enterprise shares skyrocketed 30% on Monday after the tech company posted blockbuster second-quarter results that blew away estimates. Here's how the company did compared to LSEG estimates: Earnings per share: 79 cents adj. vs. 53 cents expected Revenue: $10.68 billion vs. $9.79 billion expected It was the company's biggest EPS beat since February 2018. Revenue was up 40% over a year ago. Overall Cloud & AI revenue came in at $7.71 billion, topping the StreetAccount estimate of $6.87 billion, but it was the company's server unit that really impressed. Server revenue, which is a sub-division of the Cloud & AI unit, came in at $5.45 billion, blowing away the $4.66 billion expected by analysts. Stock Chart Icon Stock chart icon HPE one-day stock chart. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Embassy Bancorp’s ( EMYB ) board approved an additional $5M authorization for its common stock repurchase program, effective June 1, 2026. The company’s original $5M buyback program, announced in October 2025, was nearly fully utilized, with only $144,000 remaining as of Q1 2026. Under the initial authorization, the company repurchased 258,301 shares for ~$4.86M. The expanded authorization increas...
Embassy Bancorp’s ( EMYB ) board approved an additional $5M authorization for its common stock repurchase program, effective June 1, 2026. The company’s original $5M buyback program, announced in October 2025, was nearly fully utilized, with only $144,000 remaining as of Q1 2026. Under the initial authorization, the company repurchased 258,301 shares for ~$4.86M. The expanded authorization increases the total repurchase capacity by another $5M. More on Embassy Bancorp, Embassy Bancorp, GAAP EPS of $0.50 Dividend scorecard for Embassy Bancorp, Financial information for Embassy Bancorp,