Hardware Stocks Gain After HP (HPQ) Tops Earnings

HP Inc. (HPQ) shares soared 6.15% Friday after the company – known for its personal computers, laptops, and printers – smashed analysts’ quarterly earnings expectations amid a surge in home PC demand during the pandemic. Key Takeaways HP shares moved higher after testing the support of an ascending triangle’s upper […]

NetApp’s stock jumps 10% as it tops earnings expectations

Data storage hardware and services provider NetApp Inc. posted better-than-expected fiscal first-quarter results today, a day after it was reported to have laid off 5% of its workforce. The company, which sells data center storage hardware and software for managing cloud infrastructure, reported a profits before certain costs such as stock […]

Teradata (TDC) Q2 Earnings Beat Estimates, Revenues Fall Y/Y

Teradata TDC reported second-quarter 2020 adjusted earnings of 24 cents per share, which beat the Zacks Consensus Estimate by 14.3%. However, the figure decreased 17.2% year over year. Revenues of $457 million also beat the consensus mark by 6%. However, the top line declined 4.4% year over year. At constant […]