Latest news with #HewlettPackardEnterprise
Yahoo
2 hours ago
- Business
- Yahoo
Robinhood Stock Jumps as Investors Bet It Joins S&P 500
Hewlett Packard Enterprise's (HPE) acquisition of fellow S&P 500 component Juniper Networks (JNPR) will open a spot in the benchmark index. Investors may be betting on Robinhood Markets (HOOD) to fill it. Shares of Robinhood shares soared to an all-time high Wednesday, hitting the $100 mark for the first time and closing up some 6% to about $98. The stock is up more than 35% in the past month, when S&P Global made no changes to the prestigious index even as many predicted that Robinhood was a likely addition. Other factors, including the launch earlier this week of stock and ETF tokens for some users, have also lifted the shares lately. HPE announced the closing of the Juniper acquisition earlier today, a move that followed the Justice Department's recent announcement allowing the deal to proceed. S&P Dow Jones Indices through a spokesperson declined to comment on potential changes to the index. Read the original article on Investopedia Sign in to access your portfolio
Yahoo
14 hours ago
- Business
- Yahoo
Why Hewlett Packard Enterprise Stock Jumped Today
HPE settled DOJ antitrust litigation over its $14 billion Juniper Networks acquisition, avoiding trial. The settlement requires HPE to divest its Instant On wireless business and license Juniper's Mist AI code. 10 stocks we like better than Hewlett Packard Enterprise › Shares of Hewlett-Packard Enterprise (NYSE: HPE) were up on Monday, finishing the day up 11.4%. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) were both up 0.5%. The U.S. Department of Justice has settled a lawsuit against HPE for its $14 billion acquisition of Juniper Networks, avoiding the previously set July 9 trial. The settlement requires the company to divest its Instant On wireless networking business and to license the source code for one of Juniper's products, Mist AI. The DOJ initially sued in January, arguing the deal would stifle competition, leaving Cisco and HPE controlling over 70% of the U.S. networking equipment market. Juniper and HPE denied these claims, claiming the DOJ misrepresented market dynamics. The settlement now awaits a judge's approval to proceed. HPE's acquisition of Juniper was designed to enhance its artificial intelligence (AI) networking offerings and boost sales. Assuming the settlement is given the green light by the judge, I think HPE is in a solid position and could be a great addition to a balanced portfolio. While HPE's margins aren't great, management is actively working to correct this. The company is a mainstay in networking, and Juniper will help give it the edge it needs to succeed in AI. The stock is reasonably priced, with a price-to-earnings ratio (P/E) significantly less than its rival Cisco. Before you buy stock in Hewlett Packard Enterprise, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Hewlett Packard Enterprise wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Hewlett Packard Enterprise Stock Jumped Today was originally published by The Motley Fool
Yahoo
a day ago
- Business
- Yahoo
Activist investors slow pace of demands amid global uncertainties-data
By Svea Herbst-Bayliss NEW YORK(Reuters) -Activist investors who push companies for operational changes and management shake-ups waged fewer campaigns during the first half of 2025 as tariffs, wars and U.S. President Donald Trump's unpredictable policies made them more cautious, new data show. The pace of investor demands, aimed at pushing up a company's share price, fell 12% to 129 campaigns launched during the first six months of 2025, compared with 147 a year ago, according to numbers compiled by investment bank Barclays. "The environment was shaped by mixed economic signals, fears about wars and geopolitical tensions and the instability created by future tariffs and trade wars," said Jim Rossman, global head of shareholder advisory at Barclays. "And taken together that is creating an environment of caution." The slowdown comes after a record number of corporate agitators made demands last year and the pace of campaigns jumped by 17% in the first three months of this year. Elliott Investment Management, among the world's most powerful corporate activists, pressed for changes at six companies, including BP and Hewlett Packard Enterprise, roughly half the number of campaigns it launched a year ago. But it deployed $8.8 billion in assets, the most of any activist this year. Also so-called first-timers who were becoming more comfortable employing activist tactics last year stepped to the sidelines late in the first half. During the second quarter when stock markets gyrated as Trump threatened harsher tariffs only to reverse course before suggesting them again, campaigns launched by first-timers dropped 27% from the first quarter of this year, the data show. But the slowdown does not hint at a pause in activity or suggest activist investors are going soft, Rossman said. Corporate agitators, including Mantle Ridge, Ancora Holdings and Jana Partners have, as a group, forced bigger changes at companies in the first half of this year than a year ago, the data show. Settlements between activist investors and companies jumped 32% to 37 in the first half of 2025 and left activists with 86 board seats, marking a 16% increase. They won seats, often a measure of success for activists, at companies ranging from industrial gases maker Air Products and Chemicals to food processing company Lamb Weston. "As a group activists are having a strong year, winning settlements and board seats and managing to engage with a number of companies privately," Rossman said. Most activists continue to focus their attention on companies in the United States with 60 campaigns launched, down from 61 a year earlier. There were 37 campaigns in Japan, down from 51 a year ago. Activity in Europe declined by 17% to 24 campaigns launched in the first half compared with a year ago. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
a day ago
- Business
- Globe and Mail
Analysts Offer Insights on Technology Companies: Hewlett Packard Enterprise (HPE), VNET Group, Inc. Sponsored ADR (VNET) and Dayforce Inc (DAY)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Hewlett Packard Enterprise (HPE – Research Report), VNET Group, Inc. Sponsored ADR (VNET – Research Report) and Dayforce Inc (DAY – Research Report). Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Hewlett Packard Enterprise (HPE) Morgan Stanley analyst Meta Marshall maintained a Hold rating on Hewlett Packard Enterprise yesterday and set a price target of $22.00. The company's shares closed last Friday at $18.41. According to Marshall is a 4-star analyst with an average return of 6.6% and a 57.4% success rate. Marshall covers the Technology sector, focusing on stocks such as Zoom Video Communications, Keysight Technologies, and Motorola Solutions. ;'> Currently, the analyst consensus on Hewlett Packard Enterprise is a Moderate Buy with an average price target of $21.25, which is a 15.2% upside from current levels. In a report issued on June 25, KeyBanc also initiated coverage with a Hold rating on the stock. VNET Group, Inc. Sponsored ADR (VNET) In a report released today, Daley Li from Bank of America Securities maintained a Buy rating on VNET Group, Inc. Sponsored ADR, with a price target of $11.30. The company's shares closed last Friday at $6.98. Li has an average return of 115.4% when recommending VNET Group, Inc. Sponsored ADR. ;'> According to Li is ranked #431 out of 9653 analysts. VNET Group, Inc. Sponsored ADR has an analyst consensus of Strong Buy, with a price target consensus of $12.04. Dayforce Inc (DAY) Needham analyst Scott Berg maintained a Buy rating on Dayforce Inc today and set a price target of $95.00. The company's shares closed last Friday at $55.14. According to Berg has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.9% and a 39.0% success rate. Berg covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Zeta Global Holdings Corp, and Onestream, Inc. Class A. ;'> Dayforce Inc has an analyst consensus of Moderate Buy, with a price target consensus of $68.38, a 23.5% upside from current levels. In a report issued on June 17, Citi also maintained a Buy rating on the stock with a $70.00 price target.
Bloomberg
2 days ago
- Business
- Bloomberg
Stock Movers: HPE, NextEra, Robinhood
On this edition of Stock Movers: - Hewlett Packard Enterprise (HPE) and Juniper Networks (JNPR) shares rose after the two tech firms and the Department of Justice announced they had reached a deal for both companies to merge. - NextEra Energy (NEE) and other renewable energy companies fell after Republican lawmakers are debating a bill that ramps up President Donald Trump's assault on wind and solar power, a worse-than-expected jolt that would drive up costs for clean energy while providing aid for fossil fuels. - Robinhood (HOOD) shares hit a record high after the company is rolling out tokenized US securities available to 150,000 customers in 30 countries, 24 hours a day, five days a week. The company will own the shares backing the tokens, a spokesperson said, and while token holders will have most of the benefits of the underlying security, including dividends, voting rights won't be initially supported. Bloomberg News previously reported that the product was in development.
