Hewlett Packard Enterprise is trading 5.1% up now at $49.67 after investors digested its recently reported record fiscal Q2 2026 results and accelerating demand for AI and networking solutions.
- The company posted $10.7 billion in revenue, up 40% year over year, driven by $7.7 billion in cloud and AI-related revenue.
- Management reported a record backlog tied to AI infrastructure and traditional server modernization, reinforcing bullish sentiment despite broader tech sector weakness.