HPE Jun 2024 19.500 call
- Yahoo Finance Video
Housing trends, HPE CEO on Nvidia partnership: Market Domination
There's never enough time in the day to trade, as Market Domination Hosts Julie Hyman and Josh Lipton walk investors through the final trading hour of Thursday, June 20. They cover the top trending stocks and market movements ahead of the closing bell. Hewlett Packard Enterprise (HPE) CEO Antonio Neri discusses HPE's new partnership with Nvidia (NVDA) on its line of "Nvidia AI Computing by HPE" product offerings. National Association of Home Builders (NAHB) CEO Jim Tobin stops into the studio to tackle some of the biggest challenges the US housing market is currently facing. Yahoo Finance's top trending stock tickers this hour include Gilead Sciences (GILD), commercial-grade EV maker Nikola (NKLA), and Advanced Micro Devices (AMD). This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
HPE CEO: Regulatory probe into Juniper deal is standard process
The UK's Competition and Markets Authority has opened an investigation into whether Hewlett Packard Enterprise's (HPE) planned $14 billion acquisition of Juniper Networks (JNPR) could create competition concerns. Hewlett Packard Enterprise CEO Antonio Neri joins Market Domination to break down the details of the probe and give insight into how the acquisition will be a tailwind for business. Neri lays out how the probe will proceed: "We work with the regulator in the UK and basically we work with them to file our approval for the transaction, a standard process. In the UK, you have 60 days to go through that process and the last day for the regulators to come back to us, we are very well engaged is August 14th. So this is standard regulatory process and we are very excited because that means we are in the timelines." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
- Yahoo Finance Video
HPE-Nvidia partnership will make AI enterprise history: CEO
Hewlett Packard Enterprise (HPE) announced a new partnership with chip giant Nvidia (NVDA) at its HPE Discover 2024 event in Las Vegas this week, where the former unveiled its "Nvidia AI Computing by HPE" portfolio of AI products. Among these new offerings is the HPE Private Cloud AI. HPE CEO Antonio Neri joins Yahoo Finance's Josh Lipton and Yasmin Khorram "And the core of that, we really focus on the enterprise segment of the market, because when you think about AI, there is the model builders and the hyperscalers, you have the sovereign clouds, and the enterprise," Neri says. "Obviously, we've already seen tremendous traction on the model builder side and the hyperscalers, but we focus on enterprise. And at the core of that is how we deliver a simple AI solution to consume on-premises." Neri was joined onstage by Nvidia CEO Jensen Huang to announce this partnership at Neri's keynote address on Tuesday, June 18. Neri foresees the partnership to "accelerate that adoption" of HPE's enterprise services. Many consumers are still hesitant to engage with AI, which Neri assures he has greatly considered "the human focus" and concern about data security: "And so the point is that we built all of those guardrails into the offer itself. And we believe this is going to help customers feel more comfortable around this. But ultimately is the data-first approach. And we need to make sure that we protect our data." Neri also touches upon Hewlett Packard Enterprise's AI servers and what sets them apart from the rest of the industry. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
