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 […]