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☆ HP CEO Enrique Lores goes one-on-one with Jim Cramer
▼ + stars: | 2024-06-10 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

HP CEO Enrique Lores goes one-on-one with Jim CramerHP President and CEO Enrique Lores goes one-on-one with Jim Cramer to talk HP earnings, its AI integration plans, collaborating with Nvidia and more.

Persons: Enrique Lores, Jim Cramer Organizations: Nvidia

☆ These 'virtuous' stocks with high dividend growth and strong cash flow are primed for outperformance, Wolfe Research says
▼ + stars: | 2024-05-13 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Against this backdrop, Wolfe Research screened for stocks that can help investors navigate a still challenging macroeconomic backdrop. "One of our favorite dividend strategies is to buy companies with a virtuous combination of (1) high dividend growth, and (2) a high free cash flow yield," Wolfe Research's Chris Senyek wrote. Johnson & Johnson was one of the companies that made the cut. Johnson & Johnson also said earlier in May it would spend $6.5 billion to resolve all outstanding litigation in the U.S. tied to claims its talc power caused ovarian cancer. JNJ YTD mountain Johnson & Johnson stock.

Persons: isn't, Wolfe, Chris Senyek, Johnson, Enrique Lores, it's, — CNBC's Michael Bloom Organizations: Federal Reserve, Wolfe Research, Wall, Johnson, HP Inc, HP, Constellation Energy, Constellation, eBay, Vistra Energy Locations: U.S, Johnson

☆ HP CEO on multi-year partnership with Ferrari
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHP CEO on multi-year partnership with FerrariHP CEO Enrique Lores joins 'Money Movers' to discuss HP's title partnership with Ferrari, how the partnership with Ferrari works, and more.

Persons: Enrique Lores Organizations: Ferrari

☆ When our modern-day DaVinci speaks, I listen. Here's what I plan to do when Nvidia CEO Jensen Huang steps up to the mic this week
▼ + stars: | 2024-03-17 | by ( Jim Cramer | ) www.cnbc.com time to read: +15 min

I think Jensen deserves one day a year when he can trace out a vision without a per share attached to it. Sure, plenty of people in line Saturday would, correctly I think, say to "own it, don't trade it." Sure, I was sweating "own it, don't trade it." And, can you imagine if you owned but didn't trade Intel from 1990 to 2000? (Don't tell current Intel CEO Pat Gelsinger, who thinks it is still alive.)

Persons: Lisa, Jensen Huang, Jensen, Lisa Su, Andy Grove, Elon Musk, he's, what's, We've, heaven's sakes, Sam Altman, Jensen's, —, Gordon Moore, Robert Noyce, Intel's, Noyce, blowhard, Pat Gelsinger, Enrique Lores, it's, He's, Frank Slootman, Jensen demurred, Frank, AMD's Su, It's, Colette Kress, Jim Cramer's, Jim Cramer, Jim Organizations: Palm, Wine, Club, Nvidia, New Yorker, Devices, Tesla, heaven's, OpenAI, Intel, IBM, HP, AMD, CNBC Locations: Florida, San Francisco, New

☆ AMD bets on AI-powered PCs as artificial intelligence race with Nvidia, Intel heats up
▼ + stars: | 2024-02-02 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

SHANGHAI, CHINA - JULY 28, 2023 - Photo taken on July 28, 2023 shows the AMD logo at the 2023 ChinaJoy in Shanghai, China. U.S. chip giant Advanced Micro Devices is betting on AI PCs to take on rivals including Nvidia and Intel as the AI race heats up. "[The market for] AI PCs is going to continue to expand," said Victor Peng, president of AMD, in an exclusive interview with CNBC on Thursday. He added that the firm expects more adoption of AI PCs in the second half of the year. IDC expects the integration of AI capabilities into PCs to serve as a catalyst for upgrades, hitting shelves this year.

Persons: Victor Peng, Enrique Lores Organizations: Nvidia, Intel, AMD, CNBC, ChatGPT, HP, International Data Corporation, IDC Locations: SHANGHAI, CHINA, Shanghai, China . U.S

☆ HP CEO says AI capabilities will 'double the growth of the PC category'
▼ + stars: | 2023-11-21 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Tuesday interview with CNBC's Jim Cramer, HP Inc CEO Enrique Lores said his company's new computers with artificial intelligence capabilities will help accelerate and grow the PC market. "This will drive significant momentum in the category, some in '24, more in '25, more in '26," Lores said of PCs with AI capabilities. "As we have said before, we think this is going to double the growth of the PC category starting next year." He added that the PC market has begun to recover, saying growth will also be bolstered by the transition from Windows 10 to Windows 11. "We really think that the PC market has started to recover," Lores said.

Persons: CNBC's Jim Cramer, Enrique Lores, Lores, Tuesday's Organizations: HP Inc

☆ HP forecasts downbeat first-quarter profit amid slow PC market recovery
▼ + stars: | 2023-11-21 | by ( Samrhitha A | ) www.reuters.com time to read: +2 min

REUTERS/Brendan McDermid Acquire Licensing RightsNov 21 (Reuters) - HP Inc (HPQ.N) on Tuesday forecast first-quarter profit below Wall Street estimates but maintained annual earnings outlook, a sign that demand in the personal computers market is still recovering, sending its shares down nearly 4% after market. HP expects first-quarter adjusted profit per share to be between 76 cents and 86 cents, the midpoint of which was below LSEG estimates of 86 cents. HP maintained fiscal 2024 adjusted profit forecast of $3.25 to $3.65 per share. Sales for HP's personal systems segment — home to its desktop and notebook PCs — fell 8% from a year ago, while its printing segment posted a 3% fall. Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, Enrique Lores, Lores, Lenovo, Dell, Samrhitha, Shilpi Majumdar Organizations: Hewlett - Packard, New York Stock Exchange, REUTERS, HP Inc, Wall, Companies, HP, Lenovo, HK, Dell, Microsoft, Thomson Locations: New York, U.S, China, Bengaluru

☆ We think the PC market has started to recover, says HP CEO Enrique Lores
▼ + stars: | 2023-11-21 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe think the PC market has started to recover, says HP CEO Enrique LoresHP President and CEO Enrique Lores joins 'Mad Money' host Jim Cramer to talk quarterly earnings, the state of the PC market, printing subscriptions, and more.

Persons: Enrique Lores, Jim Cramer Organizations: Enrique Lores HP

☆ HP Inc. CEO Enrique Lores goes one-on-one with Jim Cramer
▼ + stars: | 2023-11-21 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHP Inc. CEO Enrique Lores goes one-on-one with Jim CramerHP President and CEO Enrique Lores joins 'Mad Money' host Jim Cramer to talk quarterly earnings, the state of the PC market, printing subscriptions, and more.

Persons: Enrique Lores, Jim Cramer Organizations: HP Inc

☆ HP forecasts 2024 profit in line with estimates, boosts annual dividend
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +1 min

A screen displays the logo for HP Inc. at the New York Stock Exchange (NYSE) in New York, U.S., November 18, 2019. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsOct 10 (Reuters) - HP Inc (HPQ.N) on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, reflecting stabilizing demand in the personal computers market. Shares of Palo Alto, California-based HP were up more than 2% in trading after the bell. The board has approved an increase to the planned dividend amount to $1.10 per share, reflecting a 5% increase from the prior dividend, the company said. The company expects its 2024 adjusted earnings in the range of $3.25 to $3.65 per share, largely in line with analyst estimates of $3.47, according to LSEG data.

Persons: Brendan McDermid, Enrique Lores, Samrhitha, Maju Samuel, Shinjini Organizations: HP Inc, New York Stock Exchange, REUTERS, Companies, HP, Lenovo, HK, Dell Technologies, Palo, Thomson Locations: New York, U.S, Palo Alto , California, Bengaluru

☆ CEOs from Alphabet, Walmart, Pfizer meet White House officials on refugees
▼ + stars: | 2023-09-14 | by ( Jeff Mason | Thomson Reuters | Jeff Mason Is A White House Correspondent For Reuters. He Has Covered The Presidencies Of Barack Obama | ) www.reuters.com time to read: +2 min

REUTERS/Annegret Hilse/File Photo Acquire Licensing RightsCompanies Accenture PLC FollowAirbnb Inc FollowAlphabet Inc Follow Show more companiesWASHINGTON, Sept 14 (Reuters) - Chief executives from a wide array of U.S. companies will meet White House Chief of Staff Jeff Zients on Thursday to discuss refugee resettlement and sponsorship programs, a White House official said. The CEOs will include Alphabet's Sundar Pichai, Walmart's Doug McMillon, Pfizer's Albert Bourla, HP's Enrique Lores and others. They are part of a council of leaders affiliated with Welcome.US, a group dedicated to helping support refugees in the United States. They will meet Zients and other White House officials "to discuss specific ways we can continue to work together to support safe, orderly pathways for people in need of safety to come to the United States, including through refugee resettlement and new, expanded humanitarian sponsorship programs," a White House official told Reuters. The White House, which says it wants to partner with the private sector to build a humane immigration system, worked with Welcome.US to help Afghan refugees coming to the United States after Biden pulled U.S. troops out of Afghanistan in 2021.

Persons: Annegret, Jeff Zients, Alphabet's Sundar Pichai, Doug McMillon, Pfizer's Albert Bourla, HP's Enrique Lores, Richard Dickson, Julie Sweet, David Risher, Hamdi Ulukaya, Mike Sievert, Goldman Sachs, Kathy Hochul, Zients, Biden, Donald Trump, Welcome.US, Jeff Mason, Christian Schmollinger Organizations: Google, Arena, REUTERS, Accenture, White, Welcome.US, Reuters, Lyft, Mobile, Blackstone, Comcast, Meta, Republicans, Democrat, Republican, Biden, Thomson Locations: Berlin, Germany, WASHINGTON, United States, Airbnb, New, New York City, United, Afghanistan

☆ HP dials back profit expectations on PC market slump, China weakness
▼ + stars: | 2023-08-29 | by ( Zaheer Kachwala | ) www.reuters.com time to read: +2 min

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsAug 29 (Reuters) - HP Inc (HPQ.N) tempered expectations for annual profit on Tuesday, as it grapples with a more than a year-long slump in the personal computers segment and sluggish demand in key market China. Shares of the Palo Alto, California-based company fell 5.2% in after-market trading. HP now forecasts adjusted earnings per share to be in the range of $3.23 to $3.35 from earlier expectations of $3.30 to $3.50. However, a focus on controlling costs helped the PC maker report adjusted earnings per share of 86 cents, in line with analysts' estimates. The company remains on track to deliver 40% of its three-year cost savings target by the end of the fiscal year.

Persons: Brendan McDermid, Enrique Lores, Lores, Zaheer Kachwala, Krishna Chandra Organizations: Hewlett - Packard, New York Stock Exchange, REUTERS, HP Inc, Palo, HP, Thomson Locations: New York, U.S, China, Palo Alto , California, Bengaluru

☆ Jim Cramer sits down with HP CEO Enrique Lores after mixed quarterly results
▼ + stars: | 2023-05-30 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Jim Cramer sits down with HP CEO Enrique Lores after mixed quarterly results'Mad Money' host Jim Cramer sits down with HP CEO Enrique Lores to discuss the company's quarterly results, PC market demand, and more.

Persons: Jim Cramer, Enrique Lores Organizations: HP

☆ A.I. will help us 'redefine what a PC is', says HP CEO Enrique Lores
▼ + stars: | 2023-05-30 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. will help us 'redefine what a PC is', says HP CEO Enrique Lores'Mad Money' host Jim Cramer sits down with HP CEO Enrique Lores to discuss the company's quarterly results, PC market demand, and more.

Persons: Enrique Lores, Jim Cramer Organizations: HP

☆ HP misses revenue estimates as inflation saps PC demand
▼ + stars: | 2023-05-30 | by ( ) www.reuters.com time to read: +1 min

Global PC shipments declined nearly 30% in the January-March period to levels lower than before the pandemic, according to data from research firm IDC. Sales for HP's Personal Systems segment - home to its desktop and notebook PCs - dropped 29% in the reported quarter, while the company's printing segment recorded a 5% fall. HP said it expects second-half revenue to be higher than the first half, even though the year-on-year comparison will still be negative. California-based HP's second-quarter revenue was $12.91 billion. On an adjusted basis, HP earned 80 cents per share, compared with expectations of 76 cents.

Persons: Enrique Lores, Tiyashi Datta, Jeffery Dastin, Devika Organizations: HP Inc, Companies, HP, Lenovo, HK, Dell Technologies Inc, Global, IDC, Reuters, Thomson Locations: California, Bengaluru, Palo Alto

☆ HP Inc. CEO says A.I. will enable a new kind of PC, which could release in 2024
▼ + stars: | 2023-05-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

HP Inc. CEO Enrique Lores told CNBC's Jim Cramer on Tuesday that artificial intelligence will fundamentally change the personal computer industry, especially his own company. "We think there is really an opportunity to create a new category of PCs that will drive significant refresh in the category," Lores said. Lores said the company is creating AI-enabled PCs that will allow customers to build spreadsheets and analyze data in record time. "I have been in this industry for many, many years, Jim," Lores told Cramer. "I have never seen an opportunity like this, to really drive innovation and drive new type of customer needs that we really think are going to be fundamental."

Persons: Enrique Lores, CNBC's Jim Cramer, Lores, Jim, Cramer Organizations: HP Inc, HP

☆ HP CEO Enrique Lores: Hybrid work is here to stay as employees value flexibility
▼ + stars: | 2023-03-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHP CEO Enrique Lores: Hybrid work is here to stay as employees value flexibilityHP CEO Enrique Lores joins 'Squawk Box' to discuss what he sees in demand for HP's work-from-home products, the size of HP's return to work product slate, and the health of the consumer and companies.

☆ HP forecasts strong quarter as cost cuts, easing supply chain pressures help
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: +2 min

Feb 28 (Reuters) - PC maker HP Inc (HPQ.N) on Tuesday forecast second-quarter adjusted profit above estimates and re-affirmed its full-year earnings target, expecting to benefit from cost cuts and higher shipments as supply chain pressures ease. HP forecast second-quarter adjusted per share earnings between 73 cents and 83 cents, above analysts' average estimate of 76 cents. It also maintained its full-year adjusted profit target of $3.20 to $3.60 per share. The strong profit forecast overshadowed a nearly 19% drop in first-quarter revenue to $13.8 billion that also missed analysts' average estimate of $14.12 billion, according to Refinitiv data. PC shipments are expected to be down 6.8% this year, compared with a 16% decline last year, according to projections by market research firm Gartner.

☆ Meta's chief product officer says the metaverse will one day be as 'important as the smartphone'
▼ + stars: | 2023-01-19 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Meta's chief product officer said the metaverse will one day become as important as the smartphone. Speaking at a Davos panel on Wednesday, Chris Cox discussed Meta's vision for the metaverse. Cox said Meta believes that "one day that computing platform will be as important as the smartphone has become in our lifetimes." It is the "only thing Mark wants to talk about," one director level employee told Insider in April. "It's basically fomenting disorganization and anxiety," an employee told Insider at the time.

☆ Davos 2023: Thirty years on, author Neal Stephenson discusses his metaverse vision with Meta
▼ + stars: | 2023-01-18 | by ( ) www.reuters.com time to read: +3 min

[1/2] A 3D printed Facebook's new rebrand logo Meta is seen in this illustration taken on November 2, 2021. A DECADE TO PAY OFFMeta Chief Executive Mark Zuckerberg has said he expected his metaverse investments to take around a decade to pay off. By that time, Cox says people will be able to take a walk with friends and family in virtual worlds as readily as they now make video or voice calls. "A more open metaverse is better," HP Chief Executive Enrique Lores said on the panel. "If someone controls the full metaverse the ability for others to add value is much smaller."

☆ HP Inc. CEO Enrique Lores on the economy: It's important to focus on areas we can control
▼ + stars: | 2023-01-17 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHP Inc. CEO Enrique Lores on the economy: It's important to focus on areas we can controlEnrique Lores, HP Inc. CEO, joins 'Closing Bell' from Davos to discuss the market for computers and his thoughts on the economy.

☆ Layoffs Create Pitfalls for Finance Executives Looking to Cut Costs
▼ + stars: | 2022-11-28 | by ( Jennifer Williams-Alvarez | ) www.wsj.com time to read: +6 min

They are increasingly looking to layoffs as a way to preserve capital, alongside other measures, such as hiring freezes. Finance chiefs play a key role in this by determining which costs to cut and setting companies’ financial targets, said advisers who work with companies during staffing cuts. Tech business HP Inc., ride-hailing company Lyft Inc. and tool-and-appliance maker Stanley Black & Decker Inc. have announced layoffs in recent months. Finance chiefs are increasingly part of the initial discussions about whether job cuts are needed, said Hardik Sheth, a partner at Boston Consulting Group, a management consulting firm. Some employees at Twitter, which recently cut roughly half of its workforce, are now pushing back against the dismissals.

☆ Tech giant HP says it will cut up to 6,000 jobs by 2025 as PC demand slumps
▼ + stars: | 2022-11-23 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Tech giant HP plans to cut 4,000 to 6,000 jobs by fiscal 2025. It's the latest tech company announcing big job cuts, after a hiring spree during the pandemic. HP posted an 11% drop its fourth-quarter revenues, as demand slumped from a pandemic peak. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Restructuring costs will amount to $1 billion over the three years, but HP expects to save $1.4 billion a year by the end of fiscal 2025.

☆ HP Inc CEO on the company's planned layoffs and 'Future Ready Transformation plan'
▼ + stars: | 2022-11-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHP Inc CEO on the company's planned layoffs and 'Future Ready Transformation plan'Cramer spoke with HP Inc CEO Enrique Lores on Tuesday.

☆ We asked CEOs from 24 companies like HP and Prudential about their actions plans for addressing equality and racism. Here are the 5 main takeaways.
▼ + stars: | 2020-06-13 | by ( Jennifer Eum | ) www.businessinsider.com time to read: +7 min

After releasing heartfelt statements recognizing systemic racism in the US and pledging to fix it, corporate America's response is taking shape. Social media platform TikTok, for example, is using an internal diversity task force to solicit insight from outside organizations and experts. Many organizations making donations to organizations like historically black colleges or investing in causes to advance social justice. Blue Apron, the meal-kit service, will give a day off to employees for election day, November 3. The quick responses from these CEOs indicate that deeper conversations on diversity, equality, and inclusion have taken shape at the top-most levels of large companies.

Persons: George Floyd's, EY, Kelly Grier, Edward Jones, It's, Enrique Lores, Ali Ghodsi, Albert Bourla, Publicis, Burson, Cohn, Wolfe, Juneteenth Organizations: Business, Consulting, Employees, Duke Energy, Cannabis, Inc, Microsoft, Pfizer, Black, Citrix, Capital, Publicis Groupe, US, Nike, Twitter Locations: America

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