Closing Bell: HPE Rallies, Dell Gains, Oracle Slips | Stock Movers
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Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec. - HP Enterprise (HPE) shares rallied on Friday, with the company on track for a record close as it extends recent strength. Shares have risen more than 150% this year, supported by strong AI-related demand for its servers. - Dell's (DELL) shares jumped as much as 12%, hitting a record high after RBC Capital Markets started coverage on the company with an outperform rating and $640 price target, with the firm citing strong AI infrastructure demand. - Oracle (ORCL) delivered quarterly cloud computing revenue that exceeded Wall Street’s expectations, though the company’s gross margins narrowed. The company saw its shares rally in extended trading immediately after earnings on Thursday.
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