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    HEWLETT PACKARD ENTERPRISE AI RUSH

    How hybrid cloud can help SMBs with digital transformation and security

    As SMB needs in digital transformation evolve rapidly, hybrid cloud presents itself as an effective tool for workplace efficiency.

    IT firms chasing acquisitions to enhance their topline and skills

    Indian information technology (IT) services are banking on acquisitions to fuel growth amid a dire need for investments in new capabilities, especially GenAI, as a slowdown in global demand keeps away opportunities for organic expansion.

    OpenAI buys database analytics company Rockset in 9-figure stock deal

    Microsoft-backed OpenAI acquired database analytics startup Rockset to enhance its enterprise products, the ChatGPT maker announced. The deal size was undisclosed.

    S&P 500, Nasdaq close at record highs as data supports Fed easing

    S&P 500 and Nasdaq hit record highs on Wednesday fueled by tech stocks amid expectations of Fed's easing cycle, impacting various sectors and economic indicators.

    Tech stocks lift Nasdaq, S&P 500 as rate-cut expectations tick up

    Nasdaq hits record intra-day high on tech rally, fueled by gains in Microsoft and Amazon. Investors remain cautious, weighing economic concerns against the possibility of earlier Fed rate cuts.

    Hewlett Packard surges over 12% as AI-server demand powers strong results

    Analysts at Bernstein said this suggests potential for HPE and peer Dell Technologies to have "very strong shipments over the next quarter or two as they deliver on backlog", but it depends upon customers being willing to take deliveries earlier.

    The Economic Times
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