News

Hewlett Packard Enterprise (NYSE:HPE) Posts Better-Than-Expected Sales In Q4 But Stock Drops 14.6%

Enterprise technology company Hewlett Packard Enterprise (NYSE:HPE) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 16.3% year on year to $7.85 billion. On the other hand, next quarter’s revenue guidance of $7.4 billion was less impressive, coming in 6.4% below analysts’ estimates. Its non-GAAP profit of $0.49 per share was in line with analysts’ consensus estimates.

Asure (NASDAQ:ASUR) Reports Q4 In Line With Expectations, Growth To Accelerate Next Year

Online payroll and human resource software provider Asure (NASDAQ:ASUR) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 17.2% year on year to $30.79 million. On the other hand, next quarter’s revenue guidance of $34 million was less impressive, coming in 4.7% below analysts’ estimates. Its GAAP loss of $0.12 per share was significantly below analysts’ consensus estimates.

Wall Street Goes From Hope to Panic as Nasdaq 100 Nears a Correction

(Bloomberg) -- Just two weeks ago, high-flying mega-tech stocks and their chipmaking cousins were powering the Nasdaq 100 Index to yet another record. Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NJ College to Merge With State School After Financial StressHow Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowIt was the 53rd all-time high