HPE

A broad Americas FX/markets wrap covering June 2 session highlights: US April JOLTS job openings came in well above expectations at 7.62M (vs. 6.88M est.), reducing near-term Fed rate-cut pressure; Alphabet fell 3.86% after announcing an $80B equity raise tied to AI spending; Marvell surged ~32.5% after Nvidia CEO Jensen Huang called it a future trillion-dollar company. Other notable movers included HPE (+19.47% on earnings beat), Dell (-6.54%), Strategy/MSTR (-9.15% on Bitcoin's -6% drop), and Figma (-10.53%). Major indices closed mixed: Dow +0.45%, S&P +0.13%, Nasdaq flat.

Hewlett Packard Enterprise (HPE) surged after issuing a massive guidance hike, following a similar move by Dell. The article draws a parallel between the two companies, suggesting strong business conditions in their shared market segments. The tone implies AI/server infrastructure demand is driving outsized forward outlooks for both firms.

Hewlett Packard Enterprise has agreed to sell approximately 14% of its stake in H3C Technologies for $987 million. The divestiture reduces HPE's ownership in the Chinese networking and IT infrastructure joint venture. No buyer or timeline for closing was specified in the headline.