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The Latest Breaking News from Enrique Lores

HP trying to take pole position in a fast-changing future of work

CEO Enrique Lores says HP became Scuderia Ferrari's title sponsor earlier this year because of the sport’s 10-month season and reliance on technology.

Fortune

How HP's CEO rose from intern to the corner office

HP CEO Enrique Lores joined the tech company in 1989 as an intern.

Fortune

One of the world's biggest PC makers isn't sure about mass Windows 11 devices upgrades just yet, as AI PC demand rises

HP and Dell think AI PCs will boost sales, but are companies ready to update to Windows 11?

TechRadar

From analysis to the latest developments in health,
read the most diverse news in one place.

HP CEO reveals customers are printing far less — and that's a big worry

Workers and consumers are using and upgrading their printers less these days – HP reckons subscriptions are the answer.

TechRadar

Warren Buffett Sold This Stock Quite Early, But You Should Probably Hold On

Warren Buffett fully exited HP in Q1. With YTD gains of 18%, HPQ stock is outperforming the S&P 500 Index this year. Did Buffett sell the stock too early, and should you still hold on to HP?

Barchart

Analysts compute new HP stock price target after earnings

This is what could happen next to HP Inc. shares.

The Street

Best Buy Sales Drop, JLL Posts 818% Net Income Growth in Q1 As HP Focuses on AI PCs

Best Buy preserves profit margins despite faltering demand, while JLL's revenues increased due to robust growth in advisory and property management verticals.

International Business Times UK

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'Our long-term objective is to make printing a subscription' says HP CEO gunning for 2024's Worst Person of the Year award

Not satisfied with merely bricking printers, HP now wants to own them all forever!

PC Gamer

HP CEO just let slip a major issue with its printing strategy - and it's going to cost you

Apparently, HP makes a loss on selling its printers but recuperates this when you subscribe to Instant Ink.

TechRadar

HP CEO says A.I. will change career trajectories: ‘From doing things to interpreting things’

“Many activities that today take one day to get done are going to take seconds,” said Enrique Lores.

Fortune

HP At Forefront Of Upcoming AI Revolution In PC Industry, CEO Says

HP's Jim Cramers stated that developing AI-enabed PCs are poised to revolutionize the way users interact with computers.

Zenger

HP growth strategy looks to new product categories

Global tech and computer giant HP Inc is planning for future growth opportunities by focusing on solutions and user experiences beyond the personal computer (PC) market amid global economic headwinds.

Bangkok Post

HP Inc. is cutting up to 6,000 employees as it becomes the latest tech company to announce major layoffs

The layoffs come amid weaker sales and a faltering economy, with HP Inc.’s CEO describing it as a “volatile macro-environment.”

Fortune

HP Stock Slumps As PC Maker Echoes Dell With Weaker Sector Outlook

"We are taking clear actions to mitigate near-term market headwinds and further strengthen our business for the future," said CEO Enrique Lores.

The Street

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Bangkok Post

HP targets growth in hybrid work, gaming

Global tech and computer giant HP Inc is widening growth opportunities in the fields of hybrid work, gaming and sustainability, which have a total addressable market value of more than US$700 billion.

Benzinga

HP Agrees To Snap Plantronics At 53% Premium

HP Inc (NYSE:HPQ) agreed to acquire Plantronics Inc (NYSE:POLY) for an all-cash transaction for $40 per share, implying a total enterprise value of $3.3 billion. The purchase price of $1.7 billion implied a premium of 52.7% to Plantronics' March 25 closing price of $26.20, Reuters reports. Plantronics is a leading workplace collaboration solution provider. HP…

The Street

HP CEO Talks with Jim Cramer About the Post-Pandemic World

The pandemic has been a boom time, but the company does not expect the good times to end as Covid fades.

The Street

Cramer's Mad Money Recap 2/28: JPMorgan, Goldman Sachs

With the Russian invasion of Ukraine, inflation is going to get even worse.

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