It is absolutely no secret that the technology sector has been crushed recently. As of the Mar. 12 close, the Technology Select Sector SPDR Fund NYSEARCA: XLK is down nearly 13% from its Feb. 19 close.

AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?

HPE's latest earnings and outlook disappointed, causing a -16% drop in common shares and a -11% drop in mandatory convertible preferred shares. HPE's forward P/E ratios are below 10x, and the company is not expected to experience explosive growth, making it a 'boring' stock. Mandatory convertible preferred shares offer a 7.625% annual coupon and similar upside to common shares, making them more attractive in today's market.

Hewlett Packard Enterprise: You Should Prefer The Converts Over The Commons

Yahoo Finance anchors Julie Hyman and Josh Lipton discuss stocks popping ahead of the closing bell and Morgan Stanley's lower US growth forecast for 2025; plus, HPE's CEO weighs in on disappointing earnings and forecast. #youtube #stocks #investing #computer About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

US growth forecast lowered, HPE CEO talks Q1 earnings

Shares of Hewlett Packard Enterprise (HPE) are getting clobbered on Friday. It comes after the tech giant reported underwhelming first quarter results and issued disappointing guidance.

HPE earnings: CEO discusses disappointing Q1 results and guidance

HPE CEO Antonio Neri says the company is disappointed by the US Department of Justice lawsuit blocking their proposed acquisition of Juniper Networks. He joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology".

HPE Will 'Prevail' in Juniper Transaction: CEO Neri

Antonio Neri, HPE CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, the execution challenges the company saw and how the chief executive fixed the issue.

HPE CEO on the profitability of server business: Faced execution challenges and more competition

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers general purpose servers for multi-workload computing and workload-optimized servers; HPE ProLiant rack and tower servers; HPE BladeSystem and HPE Synergy; and solutions for secondary workloads and traditional tape, storage networking, and disk products, such as HPE Modular Storage Arrays and HPE XP. It also offers HPE Apollo and Cray products; and HPE Superdome Flex, HPE Nonstop, HPE Integrity, and HPE Edgeline products. In addition, the company provides HPE Aruba product portfolio that includes wired and wireless local area network hardware products, such as Wi-Fi access points, switches, routers, and sensors; HPE Aruba software and services comprising cloud-based management, network management, network access control, analytics and assurance, and location; and professional and support services, as well as as-a-service and consumption models for the intelligent edge portfolio of products. Further, it offers various leasing, financing, IT consumption, and utility programs and asset management services for customers to facilitate technology deployment models and the acquisition of complete IT solutions, including hardware, software, and services from Hewlett Packard Enterprise and others. Additionally, the company invests in communications and media solutions. It has a partnership with Striim, Inc. to offer high performance and mission-critical solutions with real-time analytics. It serves commercial and large enterprise groups, such as business and public sector enterprises; and through various partners comprising resellers, distribution partners, original equipment manufacturers, independent software vendors, systems integrators, and advisory firms. Hewlett Packard Enterprise Company was founded in 1939 and is headquartered in Houston, Texas.