HP (NYSE:HPQ) 주식

HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the US. HP completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.

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화요일(4일) 저녁 의회 합동 연설에서 도널드 트럼프 대통령은 미국에 시설을 설립하는 반도체 회사에 제조 인센티브를 제공하는 칩스법(CHIPS)의 폐지를 촉구했다. 

칩스법 폐지 시사한 트럼프...어떤 기업이 보조금 수혜 받았나?

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금요일(28일) 아침 미국 주식 선물의 혼조세가 나타나는 가운데 투자자들이 주목할 만한 몇 가지 주식이 있다. 글로벌 파트너스, 오웬스, HP, 델 테크놀로지스 및 차트 인더스트리즈

금요일 주목해야 할 주식: 글로벌 파트너스, 오웬스, HP, 델 테크놀로지스 및 차트 인더스트리즈

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HP(NYSE:HPQ)는 목요일(27일) 장 마감 후 회계연도 1분기 실적을 발표했다. 실적 보고서에서 확인된 주요 수치는 다음과 같다.

HP 1분기 실적 및 약세 가이던스 발표, 시간외 주가 3% 하락

HP Inc

HPQ Silicon Inc

President Donald Trump during his joint address to Congress on Tuesday evening called for ending the CHIPS Act, which provides manufacturing incentives to semiconductor companies setting up their facilities in the U.S.
What Happened: During a primetime address to Congress on Tuesday, the president criticized the legislation, saying, "Your Chips Act is a horrible, horrible thing." Trump urged U.S. House Speaker Mike Johnson to "get rid" of it and use "whatever is left over" to "reduce debt or any other reason you want to."
According to <a href="https://www.semiconductors.org/chips-incentives-awards/">Semiconductor Industry Association</a>, the CHIPS Program has fueled investments in American semiconductor manufacturing. About $38 billion in grants and loans have been awarded to 32 companies across 23 states, mobilizing over $380 billion in private investment and creating an estimated 145,000 new jobs by 2030. 
Most notably, the Departments of Defense and Commerce awarded Intel Corp. up to $3 billion in CHIPS Act funding to expand domestic manufacturing of advanced semiconductors, strengthening the U.S. supply chain for critical national security needs.
Taiwan Semiconductor Mfg. Co. Ltd., on the other hand, was the recipient of $6.6 billion worth of grants, out of which $5 billion was a loaned amount for setting up projects worth $65 billion in Phoenix, Arizona.
Here are the U.S.-listed beneficiaries that have received grants under the CHIPS Act.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Company Stocks</td>
<td>YTD Performance</td>
<td>One-Year Performance</td>
</tr>
<tr>
<td>Amkor Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMKR#NASDAQ">AMKR</a>)</td>
<td>-21.57%</td>
<td>-37.79%</td>
</tr>
<tr>
<td>Analog Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>)</td>
<td>7.02%</td>
<td>19.17%</td>
</tr>
<tr>
<td>Coherent Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COHR#NYSE">COHR</a>)</td>
<td>-30.84%</td>
<td>5.51%</td>
</tr>
<tr>
<td>Corning Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLW#NYSE">GLW</a>)</td>
<td>-0.46%</td>
<td>43.05%</td>
</tr>
<tr>
<td>Entegris Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENTG#NASDAQ">ENTG</a>)</td>
<td>1.15%</td>
<td>-27.49%</td>
</tr>
<tr>
<td>Globalfoundries Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>)</td>
<td>-11.56%</td>
<td>-28.48%</td>
</tr>
<tr>
<td>HP Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>)</td>
<td>-9.79%</td>
<td>0.55%</td>
</tr>
<tr>
<td>Infinera Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INFN#NASDAQ">INFN</a>)</td>
<td>1.07%</td>
<td>28.93%</td>
</tr>
<tr>
<td>Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)</td>
<td>5.49%</td>
<td>-50.58%</td>
</tr>
<tr>
<td>MACOM Technology Solutions Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTSI#NASDAQ">MTSI</a>)</td>
<td>-15.20%</td>
<td>20.75%</td>
</tr>
<tr>
<td>Microchip Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>)</td>
<td>2.22%</td>
<td>-32.11%</td>
</tr>
<tr>
<td>Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>)</td>
<td>4.43%</td>
<td>-3.46%</td>
</tr>
<tr>
<td>Polar Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POLA#NASDAQ">POLA</a>)</td>
<td>-29.51%</td>
<td>-16.33%</td>
</tr>
<tr>
<td>Rocket Lab USA Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>)</td>
<td>-23.90%</td>
<td>348%</td>
</tr>
<tr>
<td>Skywater Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYT#NASDAQ">SKYT</a>)</td>
<td>-35.93%</td>
<td>-24.96%</td>
</tr>
<tr>
<td>Texas Instruments Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>)</td>
<td>4.22%</td>
<td>14.18%</td>
</tr>
<tr>
<td>Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>)</td>
<td>-10.71%</td>
<td>33.36%</td>
</tr>
<tr>
<td>Wolfspeed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>)</td>
<td>-20.51%</td>
<td>-80.08%</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/general/market-summary/25/03/44105284/from-mag7-to-meh7-no-tech-giant-ranks-among-sp-500s-top-50-performers-in-2025-experts-say-struggle-is-justified">From &#8216;Mag7 To Meh7:&#8217; No Tech Giant Ranks Among S&amp;P 500&#8217;s Top 50 Performers In 2025, Experts Say &#8216;Struggle… Is Justified&#8217;</a>
Why It Matters: A few hours before Trump&#8217;s Congress address, TSMC announced <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44124444/taiwan-semiconductor-rises-as-100-billion-u-s-expansion-defies-market-downturn">plans to invest</a> an additional $100 billion in advanced semiconductor manufacturing in the United States. Building on a $65 billion project already underway in Arizona, this expansion brings the company&#8217;s total U.S. investment to a massive $165 billion. 
Addressing TSMC&#8217;s latest investment, Trump said, &#8220;All that was important to them was they didn't want to pay the tariffs. So they came and they're building. And many other companies are coming. We don't have to give them money, we just want to protect our businesses and our people, and they will come because they won't have to pay tariffs if they build in America.&#8221;
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell on Tuesday. The SPY declined 1.18% to $576.86, and the QQQ dropped 0.30% to $495.55, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Wednesday, the futures of Dow Jones were up 0.47%, S&amp;P 500 traded 0.60% higher, whereas Nasdaq 100 futures advanced by 0.72%.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/03/44070799/mark-cuban-supports-trumps-new-gold-card-scheme-if-sold-to-corporations-for-employee-citizenship-have-a-look-at-the-listed-companies-with-most-number-of-immigrants" target="_blank" rel="noreferrer noopener">Mark Cuban Supports Trump's New ‘Gold Card' Scheme If Sold To Corporations For Employee Citizenship: Here're The Listed-Companies With Most Number Of Immigrants</a></li>
</ul>
Photo courtesy: Shutterstock

Trump Seeks To End CHIPS Act: Who Stands To Lose? Here's A List Of Beneficiaries That Could Be Affected

Loop Capital analyst Ananda Baruah maintains HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) with a Hold and lowers the price target from $35 to $30.

Price Target

Analyst Ratings

Loop Capital Maintains Hold on HP, Lowers Price Target to $30

Barclays analyst Tim Long maintains HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) with a Equal-Weight and raises the price target from $35 to $36.

Barclays Maintains Equal-Weight on HP, Raises Price Target to $36

WIIM

HP shares are trading lower after the company issued Q2 adjusted EPS guidance below estimates.

Morgan Stanley analyst Erik Woodring maintains HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) with a Equal-Weight and lowers the price target from $36 to $35.

Morgan Stanley Maintains Equal-Weight on HP, Lowers Price Target to $35

U.S. stock futures rose on Friday following Thursday&#8217;s sell-off. Futures of all benchmark indices advanced in premarket trading, except the small-cap gauge Russell 2000.
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) fell over 8% on Thursday, dragging the tech-heavy Nasdaq 100 down despite the strong quarter as its gross margins fell sequentially, caused by the ramp-up in the production of its Blackwell chips.
Meanwhile, President Donald Trump escalated tariff threats against Mexico and Canada, saying that it will go into effect as scheduled on March 4, in a social media post. He further threatened additional tariffs on China, following his pledge to impose 25% tariffs on the EU.
Investors await Friday&#8217;s personal consumption expenditure inflation data amid uncertainty over interest rate cuts as it is the Federal Reserve&#8217;s preferred inflation gauge.
The 10-year Treasury yield stood at 4.25%, while the two-year yield was at 4.05%. According <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">to</a> the CME Group's FedWatch tool, there is a 94.5% chance that the Federal Reserve will keep interest rates unchanged for the March meeting.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.27%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.30%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.27%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.06%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Friday. SPY was up 0.35% to $587.09, and QQQ advanced 0.28% to $501.67, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From The Last Session
Most sectors in the S&amp;P 500 ended lower Thursday, with technology and communication services leading the decline. However, financial and energy stocks bucked the trend.
The Nasdaq Composite dropped over 500 points, dragged down by Nvidia&#8217;s 8% plunge after its Q4 earnings.
Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) declined after missing revenue estimates, whereas, SoundHound AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) rose in after-hours after beating analyst expectations. Rocket Lab USA Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) shares dropped after a weak first-quarter guidance.
Economic data showed a slight upward revision to fourth quarter GDP according to its second reading released on Thursday. Also, initial jobless claims rose by 22,000 from the previous week to 242,000, the most in over two months and above market expectations of 221,000.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-2.78%</td>
<td>18,544.42</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-1.59%</td>
<td>5,861.57</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.45%</td>
<td>43,239.50 </td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-1.59%</td>
<td>2,139.66</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts
Ryan Detrick, the chief market strategist at Carson Research highlighted that the first quarter of a post-election year tends to be &#8220;quite weak&#8221;. &#8220;This choppy start to 2025 isn&#8217;t abnormal. Don&#8217;t panic,&#8221; he added.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">As we&#39;ve noted many times, the first quarter of a post-election year tends to be quite weak. This choppy start to 2025 isn&#39;t abnormal. Don&#39;t panic. <a href="https://t.co/5tQjYeqd6G">pic.twitter.com/5tQjYeqd6G</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1895314476557312425?ref_src=twsrc%5Etfw">February 28, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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He also continued reiterating his February seasonality stance via his X posts. He highlighted that junk corporate bonds, also called high-yield bonds, were up the past five days as the S&amp;P 500 was down over 4%.
&#8220;If the end was near like they keep telling us this wouldn&#8217;t be the case. Remain calm, this is simply seasonal late February shenanigans,&#8221; he said.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The S&amp;P 500 is down 4% the past five days. High yield bonds are UP the past five days. If the end was near like they keep telling us this wouldn&#39;t be the case. Remain calm, this is simply seasonal late February shenanigans. <a href="https://t.co/FF2TtFJGz5">pic.twitter.com/FF2TtFJGz5</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1895318792634606066?ref_src=twsrc%5Etfw">February 28, 2025</a></blockquote>
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Furthermore, he dismissed the validity of price-to-earnings ratio, saying that there was no &#8220;correlation between P/E multiples and what stocks will do a year later.&#8221;
George Smith, portfolio strategist at LPL Financial highlighted his take on investor sentiment by analyzing survey data from the American Association of Individual Investors and Bank of America Global Fund Manager Survey.
AAII&#8217;s latest sentiment survey reveals significantly bearish sentiment among individual investors for the fourth consecutive week, with the bull-bear spread at a 10-year high. This extreme bearishness, viewed through a contrarian lens, could be a positive signal for stocks, said Smith.
However, the BofA Global Fund Manager Survey presents a more mixed picture, with professional investors cautiously optimistic about the economy but concerned about overvalued U.S. equities. Overall, these surveys suggest a relatively neutral market outlook, aligning with LPL Research&#8217;s neutral stance on equities due to a balance of positive and negative factors, explained Smith.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep on Friday:
<ul>
<li>January's personal income, spending, core and headline PCE index, advanced U.S. trade balance in goods, retail and wholesale inventories will be out by 8:30 a.m., ET.</li>
</ul>
<ul>
<li>Richmond Fed President Tom Barkin will speak at 8:30 a.m., ET as well.</li>
</ul>
<ul>
<li>February's Chicago business barometer data will be released at 9:45 a.m., ET.</li>
</ul>
<ul>
<li>Chicago Fed President Austan Goolsbee will speak at 10:15 p.m., ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Owens &amp; Minor Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMI#NYSE">OMI</a>) rose 0.78% in the premarket on Friday ahead of its earnings, which will be released before the opening bell. Analysts expect it to report earnings of 52 cents per share on the revenue of $2.69 billion.</li>
</ul>
<ul>
<li>Chart Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>) declined 0.14% as Wall Street expects it to report quarterly earnings of $3.15 per share on revenue of $1.17 billion before the opening bell.</li>
</ul>
<ul>
<li>Integral Ad Science Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IAS#NASDAQ">IAS</a>) fell 1.55% ahead of its earnings, which will be released before the opening bell. Analysts expect it to report earnings of 25 cents per share on the revenue of $148.83 million.</li>
</ul>
<ul>
<li>HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) was 3.41% lower despite meeting EPS and revenue estimates as it guided for lower than expected second-quarter adjusted EPS between 75 to 85 cents.</li>
</ul>
<ul>
<li>Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) dropped 2.06% as it missed the revenue expectations amid a mixed quarter.</li>
</ul>
<ul>
<li>SoundHound AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) jumped 5.86% after posting a strong quarter and issuing a positive guidance for the next fiscal year.</li>
</ul>
<ul>
<li>Rocket Lab USA Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) slumped 10.99% as it reported a weaker than expected first quarter guidance.</li>
</ul>
<ul>
<li>Rapid Micro Biosystems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPID#NASDAQ">RPID</a>) climbed 40.48% as it signed a 5-year global distribution deal with MilliporeSigma.</li>
</ul>
<ul>
<li>Virpax Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRPX#NASDAQ">VRPX</a>) surged 39.04% as it reported positive human study results for its Molecular Envelope Technology, a key component in its Envelta and NobrXiol products, with no moderate to severe adverse events.</li>
</ul>
<ul>
<li>Powell Max Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PMAX#NASDAQ">PMAX</a>) zoomed 77.05% as it announced that it will acquire Miracle Media Production from Vision Access Enterprises and M Digital Partners Company. The acquisition is expected to enhance Powell Max&#8217;s services and create synergies.</li>
</ul>
Commodities, Gold And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 1.11% to hover around $69.57 per barrel.
The gold spot index was down by 0.53% to $2,861.73 per ounce. Its last record high was at $2,956.37. The Dollar Index was up 0.12% at the 107.373 level.
Asian markets fell on Friday, including Japan's Nikkei 225, China's CSI 300, Australia's ASX 200, India's S&amp;P BSE Sensex, South Korea's Kospi, and Hong Kong's Hang Seng index. European markets were also mostly lower in trade.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/02/44035798/dell-technologies-projects-15-billion-ai-server-revenue-for-fy26-raises-dividend-18-amid-a-mixed-quarter">Dell Technologies Projects $15 Billion AI Server Revenue For FY26, Raises Dividend By 18% Amid A Mixed Quarter</a></li>
</ul>
Photo courtesy: Shutterstock

Futures

Treasuries

NVDA

PMAX

RPID

SOUN

VRPX

US Stocks Likely To Open Higher Following A Sell-Off, 'This Choppy Start To 2025 Isn't Abnormal. Don't Panic,' Says Expert Highlighting Seasonal Weakness In The First Quarter After Elections

With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Global Partners LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) to report quarterly earnings at 24 cents per share on revenue of $5.80 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Global Partners shares fell 3.1% to close at $56.57 on Thursday.</li>
<li>Analysts expect Owens &amp; Minor Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMI#NYSE">OMI</a>) to post quarterly earnings at 52 cents per share on revenue of $2.69 billion. The company will release earnings before the markets open. Owens &amp; Minor shares gained 0.7% to close at $6.89 on Thursday.</li>
<li>HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) reported first-quarter earnings of 74 cents per share, meeting the analyst consensus estimate. The company reported quarterly sales of $13.50 billion, which beat the analyst consensus estimate of $13.36 billion. The company said it sees second-quarter adjusted EPS of 75 to 85 cents versus estimates of 86 cents. HP shares fell 2.1% to close at $33.13 on Thursday.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) reported better-than-expected fourth-quarter adjusted earnings results and issued FY25 adjusted EPS guidance above estimates. Dell shares fell 6.8% to close at $107.83 on Thursday.</li>
<li>Analysts expect Chart Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>) to post quarterly earnings at $3.15 per share on revenue of $1.17 billion before the opening bell. Chart Industries shares fell 2% to close at $182.25 on Thursday.</li>
</ul>
Check This Out: 
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<li><a href="https://www.benzinga.com/25/02/44018351/top-3-utilities-stocks-you-may-want-to-dump-in-february">Top 3 Utilities Stocks You May Want To Dump In February</a></li>
</ul>
Photo courtesy: Shutterstock

HP, Dell Technologies And 3 Stocks To Watch Heading Into Friday

HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) reported its first-quarter results after Thursday's closing bell. Here's a look at the key figures<a href="https://www.benzinga.com/pressreleases/25/02/g44025322/hp-inc-reports-fiscal-2025-first-quarter-results"> from the report. </a>
The Details:&nbsp;&nbsp;HP reported quarterly earnings of&nbsp;74&nbsp;cents per share, in line with the analyst consensus estimate. Quarterly revenue came in at $13.5 billion&nbsp;which beat the analyst consensus estimate of&nbsp;$13.36 billion&nbsp;and is an&nbsp;increase over sales of&nbsp;$13.19 billion&nbsp;from the same period last year.
Read Next: <a href="https://www.benzinga.com/news/econ-s/25/02/44007082/q4-gdp-holds-at-2-3-after-minor-revision-in-second-estimate">Q4 GDP Holds At 2.3% After Minor Revision In Second Estimate&nbsp;</a>
First quarter segment results: 
Personal Systems
<ul>
<li>Personal Systems net revenue was $9.2 billion, up 5% year over year (up 5% in constant currency) with a 5.5% operating margin. </li>
<li>Consumer PS net revenue was down 7% and Commercial PS net revenue was up 10%. </li>
<li>Total units were down 1% with Consumer PS units down 11% and Commercial PS units up 6%.</li>
</ul>
Printing
<ul>
<li>Printing net revenue was $4.3 billion, down 2% year over year (down 1% in constant currency) with a 19% operating margin. </li>
<li>Consumer Printing net revenue was up 5% and Commercial Printing net revenue was down 7%. Supplies net revenue was down 1% (flat in constant currency). </li>
<li>Total hardware units were up 5%, with Consumer Printing units up 7% and Commercial Printing units flat.</li>
</ul>
&#8220;We are pleased with our first quarter performance, achieving revenue growth for the third straight quarter and advancing our strategy to lead the future of work,&#8221; said Enrique Lores, HP president and CEO.
&#8220;Our progress was fueled by a strong commercial business in Personal Systems and momentum in our key growth areas, including AI PCs. We are focused on taking decisive action to address evolving market conditions in the near-term while investing in our long-term growth,&#8221; Lores added.
Outlook:&nbsp;HP sees second-quarter adjusted earnings of between 75 cents and 85 cents per share, versus the 86 cent estimate, and fiscal 2025 earnings between&nbsp;$3.45 and $3.75&nbsp;per share, versus the $3.75&nbsp;estimate. 
HPQ Price Action: According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, HP shares are down 3.68% after hours at $31.91 Thursday.  
Read Next:<a href="https://www.benzinga.com/government/regulations/25/02/43903335/financial-crime-weekly-1-4-billion-ethereum-stolen-in-largest-crypto-hack-ever-sec-creates-cyber-and-emerging-technologies-unit">&nbsp;</a>
<ul>
<li><a href="https://www.benzinga.com/general/market-summary/25/02/44015237/pending-home-sales-crash-to-record-low-jobless-claims-soar-wall-street-reacts">Pending Home Sales Crash To Record Low, Jobless Claims Soar: Wall Street Reacts</a></li>
</ul>
Image: Shutterstock

HP Shares Sink After Q1 Report, Weak Forward Guidance

Outlook For the fiscal 2025 second quarter, HP estimates GAAP diluted net EPS to be in the range of $0.62 to $0.72 and non-GAAP diluted net EPS to be in the range of $0.75 to $0.85. Fiscal 2025 second quarter non-GAAP diluted net EPS estimates exclude $0.13 per diluted share, primarily related to restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, non-operating retirement-related credits, tax adjustments, and the related tax impact on these items.
For fiscal 2025, HP estimates GAAP diluted net EPS to be in the range of $2.86 to 3.16 and non-GAAP diluted net EPS to be in the range of $3.45 to $3.75. Fiscal 2025 non-GAAP diluted net EPS estimates exclude $0.59 per diluted share, primarily related to restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, non-operating retirement-related credits, tax adjustments, and the related tax impact on these items. For fiscal 2025, HP anticipates generating free cash flow in the range of $3.2 to $3.6 billion.
HP's outlook reflects the added cost driven by the current U.S. tariff increases on China, and associated mitigations. The company has made significant progress building a globally diverse supply chain, and by the end of fiscal year 2025, expects more than 90 percent of HP products sold in North America will be built outside of China. China will continue to be an important manufacturing hub for the rest of the world.
More information on HP's earnings, including additional financial analysis and an earnings overview presentation, is available on HP's Investor Relations website at <a href="https://www.globenewswire.com/Tracker?data=ef2F6RRVM1FGy1a3FH0XUKpke98o23MV3F1I81B4Iw49T0ZxGFw0F9cyGkC36HwYadFJelErs1QEM4nFLIMqQw==">investor.hp.com</a>.
HP's FY25 Q1 earnings conference call is accessible via audio webcast at <a href="https://www.globenewswire.com/Tracker?data=Jz5skDKRfxOpLdHj0AcoPZYr_vWa-p5SErQZ2f0mz_n0hYU5N_zCGicH_rkgIwqhUhAy_dGSaBcwkDuIdcFf0iQviH7cmwZ5gs3yJan7B95davf51MhwWDmNRRJlK50JmMsuNuu9CQyTI9lM0zWp1w==">www.hp.com/investor/2025Q1Webcast</a>.

HP Sees Q2 Adj. EPS $0.75-$0.85 Vs $0.86 Est.; FY25 Adj. EPS $3.45-$3.75 Vs $3.75 Est.; Free Cash Flow Of $3.2B-$3.6B

HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) reported quarterly earnings of $0.74 per share which met the analyst consensus estimate. This is a 8.64 percent decrease over earnings of $0.81 per share from the same period last year. The company reported quarterly sales of $13.50 billion which beat the analyst consensus estimate of $13.36 billion by 1.05 percent. This is a 2.42 percent increase over sales of $13.19 billion the same period last year.

Earnings Beats

HP Q1 Adj $0.74, Inline, Sales $13.50B Beat $13.36B Estimate

U.S. stock futures rose on Thursday following yet another mixed close on Wednesday. Futures all four benchmark indices advanced in premarket trading.
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) beat earnings expectations and Jensen Huang said that the chipmaker was successfully ramping up the massive-scale production of Blackwell AI supercomputers. Data center revenue hit a record level again in the fourth quarter.
Meanwhile, President Donald Trump stated that tariffs, including a 25% levy on automobiles, would be imposed on goods from the EU. Additionally, tariffs on goods from Mexico and Canada will commence on April 2nd.
The 10-year Treasury yield stood at 4.31%, while the two-year yield was at 4.11%. According to the CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>, there is a 97.5% chance that the Federal Reserve will keep interest rates unchanged for the March meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.64%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.56%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.27%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.74%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Thursday. SPY was up 0.55% to $597.80, and QQQ advanced 0.60% to $517.63, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro</a> data.
Cues From The Last Session
Information technology, utilities, communication services, and industrials were the only sectors that closed higher in trade on Wednesday, whereas consumer staples, health care, and real estate fell the most.
The stocks settled on a mixed note despite the S&amp;P 500 breaking its three-day losing streak as Dow Jones fell on Wednesday.
On the economic front, new home sales plummeted 10.5% in January to 657,000, according to the U.S. Census Bureau, signaling continued weakness in the 2025 housing market. This represents a 1.1% year-over-year decline.
Salesforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) reported a mixed quarter, whereas Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) exceeded analyst expectations.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>0.26%</td>
<td>19,075.26</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.014%</td>
<td>5,956.06</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.43%</td>
<td>43,433.12</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.19%</td>
<td>2,174.17</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts
&#8220;This is still a bull market and this seasonal weakness doesn't have us overly concerned yet,&#8221; said Ryan Detrick, the chief market strategist at Carson Group in his note titled &#8216;That Escalated Quickly&#8217;.
He also highlighted a list of reasons substantiating the reasons for stocks to be back at new highs.
<ul>
<li>Strong earnings, revenue, and profit margins.</li>
<li>Market resilience amidst widespread concerns.</li>
<li>A relatively young bull market with potential for further growth. A robust labor market with healthy wages.</li>
<li>Anticipated inflation improvement and potential Fed rate cuts.</li>
<li>Strong U.S. productivity driving economic growth.</li>
<li>Broadening market participation beyond just tech stocks.</li>
</ul>
Similarly, the analysts at BlackRock said, &#8220;We still think U.S. equities can outperform in 2025, led by tech, even as Europe's start the year strong.&#8221;
However, they said that they would broaden the risk-on view, upgrading Europe stocks.
BlackRock&#8217;s note highlighted that the U.S. could still reclaim leadership this year and that is why they were overweight U.S. stocks. The corporate earnings strength and the artificial intelligence theme aided their belief. But the note stated, &#8220;We turn more underweight long-term U.S. Treasuries&#8221;
As Nvidia was trading 0.82% higher in premarket on Thursday after good earnings on Wednesday, CNBC&#8217;s Jim Cramer said that this was &#8220;a sign that no one knows how to value amazing earnings&#8221;.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The tight trading in Nvidia is more of a sign that no one knows how to value amazing earnings than it is that there is something wrong.
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1895049690330136868?ref_src=twsrc%5Etfw">February 27, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep on Thursday:
<ul>
<li>Initial jobless claims data till the week ended Feb. 22, January's durable-goods orders data, and GDP's second reading will be announced at 8:30 a.m., ET.</li>
</ul>
<ul>
<li>Kansas City Fed President Jeff Schmid speaks will speak at 9:15 a.m., ET.</li>
</ul>
<ul>
<li>Pending home sales data for January will be out by 10:00 a.m., ET.</li>
</ul>
<ul>
<li>Fed Governor Michelle Bowman will speak at 11:45 a.m., ET.</li>
</ul>
<ul>
<li>Philadelphia Fed President Patrick Harker will speak at 3:15 p.m., ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>JM Smucker Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJM#NYSE">SJM</a>) rose 2.09% in the premarket on Thursday ahead of its earnings, which will be released before the opening bell. Analysts expect it to report earnings of $2.37 per share, with a revenue of $2.23 billion.</li>
</ul>
<ul>
<li>Hormel Foods Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) was up 1.29% as Wall Street expects it to report quarterly earnings of 38 cents per share on revenue of $2.94 billion before the opening bell.</li>
</ul>
<ul>
<li>Bath &amp; Body Works Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>) jumped 2.48% as it was expected to release its fourth-quarter financial results before the opening bell. Analysts projected earnings at $2.04 per share on the revenue of $2.78 billion.</li>
</ul>
<ul>
<li>Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) advanced 1.95% ahead of its earnings, which will be released after the closing bell. Analysts expect it to report earnings of $2.52 per share on revenue of $24.57 billion</li>
</ul>
<ul>
<li>HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) was 1.24% higher as Wall Street expects it to report quarterly earnings of 74 cents per share on revenue of $13.36 billion after the closing bell.</li>
</ul>
<ul>
<li>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) gained 0.82% after it reported better-than-expected fourth-quarter and full-year results.</li>
</ul>
<ul>
<li>Salesforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) declined 4.67% after a mixed quarter and weak outlook for fiscal year 2026.</li>
</ul>
<ul>
<li>Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) climbed 10.85% after a strong quarter beating analyst expectations.</li>
</ul>
Commodities, Gold And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 1.01% to hover around $69.31 per barrel.
The gold spot index was down by 0.95% to $2,888.58 per ounce. Its last record high was at $2,956.37. The Dollar Index was up 0.20% at 106.631 level.
Asian markets were mixed on Thursday as Japan's Nikkei 225, China's CSI 300, and Australia's ASX 200 index advanced. Whereas, South Korea's Kospi and Hong Kong's Hang Seng index declined. European markets were mostly lower in trade.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/market-summary/25/02/43998226/jensen-huangs-nvidia-fuels-ai-factory-boom-revenue-growth-in-data-center-business-dominates-peers-with-a-staggering-3460-growth-over-5-years">Jensen Huang&#8217;s Nvidia Fuels &#8216;AI Factory&#8217; Boom: Revenue Growth In Data Center Business Dominates Peers With A Staggering 3460% Growth Over 5 Years</a></li>
</ul>
Photo courtesy: Shutterstock

Analyst Color

ETFs

BBWI

SNOW

US Stocks Likely To Open Higher After Nvidia's Blowout Earnings: 'This Is Still A Bull Market,' Says Expert

AAON

ABCL

ACEL

ACHC

ACHR

ACIC

ACIW

ADSK

AIRG

ALEX

ALHC

ALKT

ALTM

AMBP

AMPH

AMRC

AMWD

ARGX

ARLO

ARRY

ASTH

AUPH

AVPT

BCSF

BECN

BLND

BWMX

CABO

CARS

CCOI

CDXS

CLCO

CLOV

CMBT

CMLS

CMPS

CODI

COLL

CRDF

CRNX

CRON

CSTL

CTKB

CUBE

CVEO

CYTK

DAIO

DCGO

DUOL

ECVT

EFXT

ERIE

Embraer-Empresa Brasileira De Aeronautica

ESEA

ESTC

EVRG

EXFY

FIGS

FOXF

FTDR

FWONA

FWONK

GBTG

GDEN

GDOT

GDRX

Earnings Scheduled For February 27, 2025

With U.S. stock futures trading mixed this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) to report quarterly earnings at $2.52 per share on revenue of $24.57 billion after the closing bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Dell shares gained 0.1% to $115.81 in after-hours trading.</li>
<li>Analysts expect J. M. Smucker Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJM#NYSE">SJM</a>) to post quarterly earnings of $2.37 per share, with a revenue of $2.23 billion. The company will release earnings before the markets open. Smucker shares gained 1.2% to $110.49 in after-hours trading.</li>
<li>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) reported fourth-quarter revenue of $39.3 billion, up 12% quarter-over-quarter and up 78% year-over-year. The revenue total beat a Street consensus estimate of $38.05 billion according to data from Benzinga Pro. Nvidia reported fourth-quarter earnings of 89 cents per share, marking an 82% year-over-year increase and exceeding the Street consensus estimate of 84 cents per share. The company's guidance for first-quarter revenue is $43.0 billion, +/—2%. Nvidia shares fell 1.5% to $129.32 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Before the markets open, Hormel Foods Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) is projected to report quarterly earnings at 38 cents per share on revenue of $2.94 billion. Hormel Foods shares gained 1.3% to $29.10 in after-hours trading.</li>
<li>Analysts expect HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) to post quarterly earnings at 74 cents per share on revenue of $13.36 billion after the closing bell. HP shares gained 0.4% to $33.98 in after-hours trading.</li>
</ul>
Check This Out: 
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<li><a href="https://www.benzinga.com/25/02/43981679/top-3-real-estate-stocks-that-may-fall-off-a-cliff-in-q1">Top 3 Real Estate Stocks That May Fall Off A Cliff In Q1</a></li>
</ul>
Photo courtesy: Shutterstock

Nvidia, Dell Technologies And 3 Stocks To Watch Heading Into Thursday

South&nbsp;Korea's&nbsp;Personal Information Protection Commission (PIPC) said it has halted&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/02/43763629/south-korea-joins-italy-in-halting-downloads-of-chinas-deepseek-amid-global-scrutiny-over-privacy-issues" rel="noreferrer noopener">new downloads of&nbsp;</a><a target="_blank" href="https://www.benzinga.com/media/25/02/43763629/south-korea-joins-italy-in-halting-downloads-of-chinas-deepseek-amid-global-scrutiny-over-privacy-issues" rel="noreferrer noopener">DeepSeek</a>.
A Russian court has&nbsp;imposed a fine on&nbsp;Alphabet Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)&nbsp;Google&nbsp;for hosting a&nbsp;YouTube&nbsp;video that&nbsp;provides instructions to&nbsp;<a target="_blank" href="https://www.benzinga.com/news/legal/25/02/43772605/moscow-slaps-google-with-fine-for-youtube-video-showing-russian-troops-how-to-surrender" rel="noreferrer noopener">Russian soldiers on how to surrender</a>.
Mexico reiterates its&nbsp;warning to take legal action&nbsp;against&nbsp;Google&nbsp;over <a href="https://www.benzinga.com/media/25/02/43771526/after-google-stands-firm-on-gulf-of-america-label-mexico-says-its-waiting-for-a-new-response-or-will-proceed-to-court">the naming of the</a>&nbsp;&#8220;Gulf of Mexico&#8221;&nbsp;on its&nbsp;Maps service.
Earnings Results
Bumble&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>) reported fourth-quarter revenue of&nbsp;$261.6 million&nbsp;which beat the analyst consensus estimate of&nbsp;$260.47 million&nbsp;and&nbsp;is a&nbsp;decrease from revenue of&nbsp;$273.64 million&nbsp;from&nbsp;the same period last year.&nbsp;Total Paying Users fell&nbsp;<a target="_blank" href="https://www.benzinga.com/general/social-media/25/02/43797993/bumble-shares-drop-after-q4-report-heres-why" rel="noreferrer noopener">57,000&nbsp;from the previous quarter</a>.
Smartphones
Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is reportedly considering adding advertising to&nbsp;Maps, mirroring&nbsp;Alphabet&nbsp;Inc.&#8217;s&nbsp;<a target="_blank" href="https://www.benzinga.com/25/02/43761610/top-analyst-says-apple-maps-may-introduce-ads-similar-to-its-google-counterpart-as-the-tech-giant-explores-new-revenue-stream" rel="noreferrer noopener">Google Maps&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/02/43761610/top-analyst-says-apple-maps-may-introduce-ads-similar-to-its-google-counterpart-as-the-tech-giant-explores-new-revenue-stream" rel="noreferrer noopener">model</a>.
Apple&nbsp;reportedly plans to introduce its first in-house 5G modem, manufactured by&nbsp;Taiwan Semiconductor Manufacturing Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>),&nbsp;in the upcoming&nbsp;iPhone SE 4&nbsp;— but early reports suggest it may not match the performance of&nbsp;Qualcomm&nbsp;Inc.&#8217;s&nbsp;<a target="_blank" href="https://www.benzinga.com/25/02/43774315/apples-iphone-se-4-to-feature-tsmc-made-in-house-5g-modembut-it-may-lag-behind-qualcomms-snapdragon-x75" rel="noreferrer noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>)&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/02/43774315/apples-iphone-se-4-to-feature-tsmc-made-in-house-5g-modembut-it-may-lag-behind-qualcomms-snapdragon-x75" rel="noreferrer noopener">Snapdragon X75</a>.
Jon Prosser&nbsp;– a well-known&nbsp;Apple&nbsp;product leak source – shared leaked renders of the&nbsp;iPhone 17 Air&nbsp;and&nbsp;iPhone 17 Pro, each&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/02/43802471/apples-leaked-renders-show-iphone-17-air-and-pro-getting-unique-camera-islands-but-base-models-looks-may-disappoint-some" rel="noreferrer noopener">featuring unique camera island designs</a>.
Apple&nbsp;is reportedly testing a wireless reverse charging feature&nbsp;for its upcoming&nbsp;iPhone 17 Pro&nbsp;models,&nbsp;allowing&nbsp;the&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/02/43838655/iphone-17-pro-may-finally-get-wireless-reverse-charging-apple-reportedly-testing-power-sharing-with-airpods-apple-watch-and-more" rel="noreferrer noopener">smartphone to power other devices</a>.
Apple&nbsp;announced the iPhone 16E, an affordable iPhone offering that replaces<a target="_blank" href="https://www.benzinga.com/tech/25/02/43820197/apple-unveils-iphone-16e-with-a18-chip-ai-features-599-price-tag" rel="noreferrer noopener">&nbsp;the third-generation iPhone SE</a>.
In response to the tariffs imposed by the Trump administration,&nbsp;Apple&nbsp;might have to raise iPhone prices by 9%, said&nbsp;<a href="https://www.benzinga.com/markets/equities/25/02/43839627/apple-may-hike-iphone-prices-by-9-due-to-trumps-tariffs-says-bank-of-america" target="_blank" rel="noreferrer noopener">analysts at the&nbsp;</a><a href="https://www.benzinga.com/markets/equities/25/02/43839627/apple-may-hike-iphone-prices-by-9-due-to-trumps-tariffs-says-bank-of-america" target="_blank" rel="noreferrer noopener">Bank of America</a>.
Technology
Elon&nbsp;Musk&#8217;s&nbsp;X, formerly&nbsp;Twitter, is blocking links to&nbsp;Signal.me, a URL shortener used by the&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/02/43772415/elon-musks-x-blocks-links-to-signal-app-as-federal-workers-turn-to-encrypted-messaging-amid-doge-fallout-report" rel="noreferrer noopener">private messaging app&nbsp;</a><a target="_blank" href="https://www.benzinga.com/media/25/02/43772415/elon-musks-x-blocks-links-to-signal-app-as-federal-workers-turn-to-encrypted-messaging-amid-doge-fallout-report" rel="noreferrer noopener">Signal</a>.
Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/02/43771979/elon-musk-will-unleash-grok-3-tonight-tesla-integration-live-voice-mode-and-more-heres-what-to-expect" rel="noreferrer noopener">Elon Musk Will Unleash Grok 3 Tonight: Tesla Integration, Live-Voice Mode, And More —&nbsp;Here&#8217;s&nbsp;What To Expect</a>
Humane Inc.&nbsp;has&nbsp;decided to discontinue&nbsp;its AI Pin and sell its assets to&nbsp;HP Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) for $116 million. The AI Pin will cease to connect to&nbsp;Humane's&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/02/43803887/humanes-ai-pin-dubbed-as-potential-iphone-killer-dies-this-month-as-company-sells-to-hp-for-116-million-amid-poor-sales-and-scathing-reviews" rel="noreferrer noopener">servers after 3 PM ET&nbsp;on Feb. 28</a>.
Amazon.com, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) is removing a crucial&nbsp;Kindle&nbsp;feature that allows users to download and&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/02/43805683/amazon-is-killing-a-key-kindle-feature-that-let-you-back-up-your-ebooks-heres-what-will-change-for-you" rel="noreferrer noopener">back up their purchased ebooks</a>.
Google&nbsp;has decided to remove its AI assistant,&nbsp;Gemini, from the&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/02/43840109/google-takes-away-gemini-from-main-ios-app-users-forced-to-download-standalone-ai-chatbot" rel="noreferrer noopener">main app on&nbsp;iOS devices</a>.
NVIDIA&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) has&nbsp;introduced&nbsp;Evo 2, an advanced artificial intelligence (AI) system&nbsp;aimed at<a target="_blank" href="https://www.benzinga.com/markets/25/02/43841450/nvidias-new-ai-system-aims-to-transform-genetic-research-with-unmatched-speed-and-precision" rel="noreferrer noopener">transforming the field of&nbsp;biological research</a>.
Artificial Intelligence (AI)
Microsoft Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) CEO&nbsp;Satya Nadella&nbsp;has cautioned against the hype surrounding artificial intelligence (AI), comparing the current&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/02/43838071/microsoft-ceo-satya-nadella-warns-of-dot-com-like-ai-bubble-pushes-for-measuring-ai-impact-with-gdp-growth-self-claiming-agi-milestone-is-just-nonsensical-benchmark-hacking" rel="noreferrer noopener">frenzy to the&nbsp;dot-com bubble</a>.
Ilya Sutskever, the co-founder and former chief scientist of&nbsp;OpenAI, is reportedly raising over $1 billion for his AI venture,&nbsp;Safe Superintelligence&nbsp;(SSI),&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/02/43772135/ex-openai-chief-scientist-ilya-sutskevers-ai-startup-valued-at-30-billion-in-latest-funding-round-report" rel="noreferrer noopener">pushing its valuation beyond $30 billion</a>.
Mira Murati, the former CTO of OpenAI, has launched her own AI startup and has already recruited top researchers from ChatGPT-maker, Meta Platforms, Inc., <a href="https://www.benzinga.com/tech/25/02/43803027/mark-zuckerbergs-meta-and-sam-altmans-chatgpt-parent-bleed-talent-to-ex-open-ai-cto-mira-muratis-new-ai-venture" target="_blank" rel="noreferrer noopener">and </a><a href="https://www.benzinga.com/tech/25/02/43803027/mark-zuckerbergs-meta-and-sam-altmans-chatgpt-parent-bleed-talent-to-ex-open-ai-cto-mira-muratis-new-ai-venture" target="_blank" rel="noreferrer noopener">Mistral AI</a><a href="https://www.benzinga.com/tech/25/02/43803027/mark-zuckerbergs-meta-and-sam-altmans-chatgpt-parent-bleed-talent-to-ex-open-ai-cto-mira-muratis-new-ai-venture" target="_blank" rel="noreferrer noopener">, a Paris-based startup</a>.
Image: Shutterstock

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Consumer Tech News (Feb 17-Feb 21): Mexico Warns Alphabet Over Naming of the "Gulf of Mexico" On Maps, Apple Launches iPhone 16E & More

Wells Fargo analyst Aaron Rakers maintains HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) with a Underweight and raises the price target from $30 to $35.

Wells Fargo Maintains Underweight on HP, Raises Price Target to $35

Humane Inc. has <a href="https://www.benzinga.com/startups/24/05/39039061/is-humanes-ai-pin-doomed-company-seeks-buyer-amid-mixed-reviews">decided to discontinue</a> its AI Pin and sell its assets to HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) for $116 million. The AI Pin will cease to connect to Humane&#8217;s servers after 3 PM ET on Feb. 28.
What Happened: On Tuesday, Humane said in a support document that after Feb. 28, offline functions like checking battery levels will still work, but voice interactions and other cloud-based features will be disabled.
Humane will offer refunds only to customers within the 90-day return window.
See Also: <a href="https://www.benzinga.com/news/24/04/38240620/potential-iphone-killer-humane-ai-pins-design-interface-inherently-flawed-says-gurman-can-merely-be">Potential iPhone Killer? Humane AI Pin&#8217;s Design, Interface &#8216;Inherently Flawed,&#8217; Says Gurman: &#8216;Can Merely Be An Extra Accessory&#8217;</a>
HP will acquire Humane's AI operating system CosmOS, over 300 patents, and the company's technical staff. Humane's co-founders Imran Chaudhri and Bethany Bongiorno will lead a new AI-focused division at HP, <a href="https://www.bloomberg.com/news/articles/2025-02-18/hp-116-million-deal-for-humane-includes-ip-but-no-ai-pin-device">noted</a> Bloomberg.
Why It Matters: The journey of the AI Pin, dubbed as <a href="https://www.benzinga.com/news/24/01/36632583/this-200-ai-device-could-replace-your-iphone-in-2024">potential &#8220;iPhone killer&#8221;</a> has been tumultuous since its launch. Initially, the device was met with <a href="https://www.benzinga.com/news/24/08/40246481/humanes-ai-pin-reportedly-faces-major-setback-as-returns-outnumber-sales-marques-brownlee-says-shout">overwhelmingly negative reviews</a>, with returns surpassing sales from May to August 2024.
By June, only about 8,000 units remained with customers, and daily returns outpaced purchases.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
<a href="https://www.benzinga.com/news/24/06/39198027/humane-warns-users-to-immediately-stop-using-ai-pin-charging-case-over-fire-risk">Humane also faced another setback</a> last year when it advised users to stop using the AI Pin&#8217;s charging case due to a potential fire hazard. This issue was identified after a report of charging problems, further impacting the product&#8217;s reputation.
Despite these challenges, Humane attempted to improve the AI Pin by integrating OpenAI&#8217;s GPT-4o model in May 2024. This<a href="https://www.benzinga.com/news/24/05/38865479/humane-ai-pin-gets-gpt-4o-upgrade-everything-just-feels-smarter-and-more-accurate"> upgrade promised</a> enhanced speed and accuracy, with a 14% decrease in latency and 33% fewer incorrect answers.
Ultimately, the combination of poor sales, technical issues, and negative reviews led to Humane&#8217;s decision to sell its AI Pin assets to HP, marking the end of a challenging chapter for the company.
Price Action: HP's stock dipped 0.088% to $34.17 in after-hours trading, following a 1.66% gain that pushed it to $34.20 at Tuesday's market close, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Photo via Shutterstock
Check out more of Benzinga's Future Of Consumer Tech by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/04/38291724/do-bad-reviews-kill-companies-mkbhd-reacts-after-humane-ai-pin-video-sparks-concern-on-social-media">&#8216;Do Bad Reviews Kill Companies?&#8217;: MKBHD Reacts After Humane AI Pin Video Sparks Concern On Social Media</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Humane's AI Pin, Dubbed As Potential 'iPhone Killer' Dies This Month As Company Sells To HP For $116 Million Amid Poor Sales And Scathing Reviews

The deal includes their AI-powered platform Cosmos, technical talent, and intellectual property with more than 300 patents and patent applications.
The acquisition advances HP's transformation into a more experience-led company.
The is expected to close at the end of this month.&nbsp; &nbsp;

HP Agrees To Acquire Key AI Capabilities From Humane In $116M Transaction

Songyee is the Founder and Managing Partner of Principal Venture Partners and former President for NCSoft Corporation, a gaming developer.&nbsp;

Management

HP Inc. Names Songyee Yoon To Board, Effective Immediately

Shelling out millions of dollars for a Super Bowl commercial can be a risky move. Just ask the 14 companies with dot com in their name how things turned out after being featured in <a href="https://www.benzinga.com/topic/super-bowl">Super Bowl ads </a>in 2000.
What Happened: Super Bowl XXXIV, which featured the St. Louis Rams and Tennessee Titans, will be remembered for many reasons, including being known as the "Dot-Com Super Bowl" due to the large number of companies with dot com in their name shelling out millions on<a href="https://www.benzinga.com/general/sports/25/01/43324031/super-bowl-lix-commercials-hit-record-8-million-how-fox-corporation-can-win-from-nfl-championship"> Super Bowl ads.</a>
Super Bowl commercials for the NFL championship game in 2000 had a cost of around $2.2 million for a 30-second spot. Compare that to the $7 million to $8 million per 30-second spot that Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) is getting for this year's big game.
Here is the list of the dot-com companies that ran ads in Super Bowl XXXIV:
<ul>
<li>AutoTrader.com: Still Active</li>
<li>Computer.com: Bought out by Office Depot (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODP#NASDAQ">ODP</a>) in 2000</li>
<li>E1040.com: Defunct</li>
<li>Epidemic.com: Defunct</li>
<li>E-Stamp.com: Defunct</li>
<li>HotJobs.com: Bought by Yahoo! in 2022 and later by Monster.com in 2010</li>
<li>LastMinuteTravel.com: Active, merged with Tourico Holidays in 2004, acquired by Hotelbeds Group in 2017</li>
<li>LifeMinders.com: Bought by Cross Media Group in 2001</li>
<li>Monster.com: Active, bought by Randstad NV in 2016, now majority owned by Apollo Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>)</li>
<li>OnMoney.com: Defunct</li>
<li>Netpliance: Rebranded as Tipping Point in 2002, bought by 3Com in 2005</li>
<li>OurBeginning.com: Bought by undisclosed company in 2002</li>
<li>Pets.com: Defunct, website now redirects to PetSmart's website</li>
<li>WebMD: Active, bought by Internet Brands in 2017</li>
</ul>
Along with the 14 dot-com companies that ran ads, there were also several technology companies that were founded before the dot-com boom that aired ads in this Super Bowl. Those companies are:
<ul>
<li>Britannica: Active</li>
<li>E&#x2A;Trade: Active, bought by Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) in 2020</li>
<li>Electronic Data Systems: Bought by HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) in 2008</li>
<li>Kforce: Active</li>
<li>MicroStrategy: Active, changing name to Strategy and trades as MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)</li>
</ul>
As <a href="https://x.com/darrenrovell/status/1885071827145253163">pointed </a>out by cllct co-founder Darren Rovell, only three of the 14 dot-com companies that advertised in Super Bowl XXXIV still exist under the same name today (Autotrader, Monster, WebMD).
Read Also: <a href="https://www.benzinga.com/general/sports/24/02/37076429/super-bowl-commercials-2024-complete-list-of-super-bowl-lviii-ads-and-companies-behind-them">Super Bowl Commercials 2024: Complete List Of Super Bowl LVIII Ads And Companies Behind Them</a>
Why It's Important: Super Bowl XXXIV was watched by more than 80 million people and many of the dot-com companies that advertised saw big spikes in website traffic.
LastMinuteTravel <a href="https://www.sfgate.com/business/networth/article/dot-com-super-bowl-advertisers-fumble-but-down-2739134.php">saw </a>over 300,000 hits per minute during its Super Bowl ads. OurBeginning.com's revenue was up 350% year-over-year in the first quarter of 2000. For most, the gains in traffic and revenue weren't enough to offset the high marketing costs on the Super Bowl ads.
Super Bowl XXXIV may have been one of the peak moments of the dot-com bubble with Barron's <a href="https://www.benzinga.com/general/education/19/03/11389594/this-day-in-market-history-barrons-calls-1bubble-top">calling the top</a> on March 20, 2000 with a cover story "Burning Up."
The 2001 Super Bowl (XXXV) featured only three dot-com companies as many of the prior year's companies had already gone under or were facing financial struggles. E&#x2A;Trade poked fun at the number of dot-com companies from the prior year during their Super Bowl XXXV ad.
The Dot-Com Super Bowl of 2000 hit the spotlight again in 2022 when a large number of cryptocurrency companies ran Super Bowl ads in Super Bowl LVI,<a href="https://www.benzinga.com/markets/cryptocurrency/22/02/25569962/super-bowl-lvi-becomes-crypto-bowl-with-commercials-ad-campaigns-for-big-game"> prompting the nickname</a> of the "Crypto Bowl."
Among the companies that advertised during Super Bowl LVI was FTX, a cryptocurrency platform that went bankrupt less than a year after its Super Bowl commercial.
Spending millions of dollars on a Super Bowl commercial is not a proven path to success, especially for smaller unproven and unprofitable companies. Food for thought as you watch this year's Super Bowl ads.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/sports/25/02/43480342/chiefs-chase-historic-super-bowl-three-peat-and-nba-legend-stands-to-gain">Chiefs Chase Historic Super Bowl Three-Peat — And NBA Legend Stands To Gain</a></li>
</ul>
Photo: Shutterstock

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14 Dot-Com Companies Had Super Bowl Commercials In 2000, Here's How Many Still Exist Today

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