HPE shares surged after the company reported stronger-than-expected fiscal second-quarter results, powered by booming demand for artificial intelligence infrastructure, networking equipment, and servers. HPE beats Q2 expectations The company reported revenue of $10.7 billion for the quarter ended April 30, a 40% increase from a year earlier and well ahead of Wall Street expectations. Adjusted…
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CDW Q1 Sales Rise, but Margin Concerns Hit Shares
CDW delivered stronger-than-expected sales growth in the first quarter of 2026, but shrinking margins and investor worries over profitability overshadowed the company’s gains, sending shares tumbling nearly 20% on Wednesday. CDW reports stronger sales and AI demand The IT solutions provider reported rising demand for infrastructure hardware and AI-related technology projects as businesses ramped up…