The Latest Breaking News from HPQ

Warren Buffet's Berkshire Hathaway Inc (NYSE: BRK-B) acquired 121 million shares of HP Inc (NYSE:HPQ), the latest in significant investments according to the SEC filings. Berkshire acquired an 11.4% stake in HP, worth about $4.2 billion based on HP's April 6 closing price of $34.91, Reuters reports. Investors had lost interest in companies like HP over concerns of surging inflation, curbing…

The expected continuation of hybrid working arrangements and the growing digital needs of businesses should keep driving the demand for computer hardware. As such, HP (HP) and Dell Technologies (DELL) should benefit from this backdrop. But which of these two stocks is a better buy now? Read more to find…

HP (NYSE:HPQ) has outperformed the market over the past 5 years by 1.5% on an annualized basis producing an average annual return of 15.68%. Currently, HP has a market capitalization of $38.66 billion.

PC and printer maker HP will bolster its peripherals business with its $3.3 billion acquisition of enterprise headset maker Poly.