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Super Micro makes computer servers for data centers, competing with the likes of Dell and Hewlett-Packard Enterprise . SMCI 1Y mountain Super Micro Computer 1 year Shares of Super Micro were on pace for a record close Tuesday, jumping 4%, to nearly $515 each — pushing year-to-date gains to roughly 80%. Still, the magnitude of Super Micro stock move Tuesday, compared to the size of the forecast revision, is a sign that investor expectations had already accounted for most of this good news. "I don't know whether [Super Micro] is Mercury or Venus, but I will tell you it ain't Pluto." Super Micro said it continued to see record demand for AI systems in its second quarter.
Persons: , Jim Cramer, Thursday's, preannounced, Jim Cramer's, Jim, Tyrone Siu Organizations: chipmaker, Dell, Hewlett, Packard, Devices, Intel, Nvidia, AMD, Computer, Micro, Microsoft, Super Micro, Wall, Taiwan Semiconductor Manufacturing Company, CNBC, Nvidia Corporation Locations: San Jose , California, Taipei, Taiwan
BOSTON (AP) — Hewlett Packard Enterprise disclosed Wednesday that suspected state-backed Russian hackers broke into its cloud-based email system and stole data from cybersecurity and other employees. It said it believed the hackers were from Cozy Bear, a unit of Russia's SVR foreign intelligence service. It said the Russian hackers accessed accounts of senior Microsoft executives as well as cybersecurity and legal employees. Political Cartoons View All 253 ImagesCompany spokesman Adam R. Bauer, reached by email, would not say who informed HPE of the breach. “We're not sharing that information at this time.” Bauer said the compromised email boxes were running Microsoft software.
Persons: Cozy Bear, , Adam R, Bauer, HPE, We're, ” Bauer, ” HPE Organizations: BOSTON, Hewlett Packard Enterprise, Securities and Exchange, Microsoft, SharePoint, . Securities, Exchange, Hewlett, Packard Inc Locations: Russian, Redmond, Washington, U.S, Europe, Spring , Texas
Antonio Neri, president and chief executive officer of Hewitt Packerd Enterprise (HPE), speaks during the HPE Discovery CIO Summit in Las Vegas, Nevada, U.S., on Tuesday, June 19, 2018. HPE said that it is still investigating the hack, which it believes was related to another incident that occurred in June 2023. During that event, the hackers managed to compromise "a limited number of SharePoint files as early as May 2023," HPE wrote in the filing. "Upon undertaking such actions, we determined that such activity did not materially impact the Company." In 2020, this same Russian intelligence-linked hacking group also conducted the infamous breach of government supplier SolarWinds.
Persons: Antonio Neri, Hewitt, Bridget Bennett, Bear, HPE Organizations: Enterprise, Bloomberg, Getty, Hewlett Packard Enterprise, Microsoft, SolarWinds Locations: Las Vegas , Nevada, U.S, Russian
New York CNN —Tech firm Hewlett Packard Enterprise says its cloud-based email systems were breached by the same Russian hacking group that compromised some Microsoft email accounts earlier this month. Hewlett Packard Enterprise, also known as HPE, revealed the breach in a securities filing last week. The incident took place on December 12, 2023, and affected “a small percentage of HPE mailboxes belonging to individuals in our cybersecurity, go-to-market, business segments, and other functions.”“The Company, with assistance from external cybersecurity experts, immediately activated our response process to investigate, contain, and remediate the incident, eradicating the activity,” HPE said in the filing. This is a developing story and will be updated.
Persons: , ” HPE Organizations: New, New York CNN — Tech, Hewlett Packard Enterprise Locations: New York
These stocks are getting close to oversold territory
  + stars: | 2024-01-12 | by ( Alex Harring | ) www.cnbc.com   time to read: +4 min
There may be buying opportunities in a few stocks getting hit after making headlines this week. The relative strength indicator, which measures the magnitude and speed of price moves, is a popular metric used to evaluate whether shares are overbought or oversold. A stock with a 14-day RSI below 30 is considered oversold, suggesting that it could be a promising entry point for investors. The full oversold list While many noteworthy S & P 500 stocks are on the verge of being oversold, just two actual have RSIs below 30: Baker Hughes and Bunge Global . Here's the full list of overbought stocks: THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY .
Persons: Tesla, Morgan Stanley, FactSet, Dave Calhoun, Baker Hughes Organizations: Reuters, Hertz, Tesla, Boeing, Alaska Airlines, Federal Aviation Administration, Max, Bunge, CNBC, Juniper Networks, Traders, Hewlett Packard Enterprise, Pharmaceutical Locations: Red, China, Saudi Arabia
Juniper Networks shares soared more than 20% in extended trading on Monday after the Wall Street Journal reported that Hewlett Packard Enterprise is in "advanced talks" to acquire the company for around $13 billion. In the latest quarter, HPE reported 2% revenue growth from a year earlier. Since the split, HPE has largely avoided making splashy acquisitions. Read the full Wall Street Journal report here. WATCH: HPE CEO: AI interest is much higher than I ever anticipated, and we see an enormous pipeline
Persons: didn't, HPE Organizations: Juniper Networks, Wall Street Journal, Hewlett Packard Enterprise, Juniper, Cisco, Nasdaq, Hewlett, Packard, HP, Cray
After 2023's blowout run, it's hard to recall the once gloomy investing setup for technology stocks last December. As the calendar year turns, don't expect technology stocks to match 2023's blowout gains, but the year's performance is no fluke. AI stocks may dominate tech-focused investing, but don't sleep on the other emerging themes. GOOGL YTD mountain Alphabet shares in 2023 Both companies have rolled out new initiatives in the months since. Arm Holdings made headlines this year as one of the first major companies to go public , reviving the IPO market after a roughly two-year drought.
Persons: behemoths, Jay Woods, Mark Zuckerberg, didn't, chipmakers, David Waddell, Everybody's, Copilot, Paul Meeks, Gene Munster, Alphabet's, Meeks, Morgan Stanley, Andrew Slimmon, They're, Slimmon, CNBC's, Wall, Nvidia's, He's, Mahoney, Ken Mahoney, it's, Brent Fredberg, Munster's, Management's Albert Tsuei, Tsuei, William Blair's Jonathan Vo, Keith Weiss Organizations: Federal Reserve, Treasury, Freedom, Microsoft, Waddell & Associates, Oracle, Arista Networks, Morgan, Morgan Stanley Investment, Meta, Nvidia, Devices, Dell, Hewlett Packard Enterprises, Broadcom, Holdings, Micron Technology, Brandes Investment Partners, Micron, Samsung, Taiwan Semiconductor Manufacturing, MGM Resorts, Johnson, Okta, UBS, Management's, Palo Alto Networks, Palo Alto Locations: British, Clorox
Goldman Sachs raised its price target on General Motors after the stock's best day since early 2021. The bank reiterated a buy rating as well as a top pick label, accompanied by a $300 per share price target. Goldman Sachs also maintained its buy rating and increased its target price to $345 per share from $340. To be sure, it maintained its $16 per share price target, which implies more than 3% downside from Wednesday's $16.52 close. — Brian Evans 5:45 a.m ET: Goldman raises GM price target Goldman Sachs analyst Mark Delaney increased his price target on General Motors to $45 from $42 after a series of bullish moves by the auto giant.
Persons: Goldman Sachs, Morgan Stanley, 31.6x, Eric Heath, Wells, Andrew Nowinski, — Brian Evans, José Neves, Marvin Fong, Brian Evans, Salesforce, Brad Sills, Kash Rangan, Jefferies, Snapchat, Pinterest, James Heaney, Meta Marshall, Mark Delaney, Delaney, Fred Imbert Organizations: CNBC, General Motors, Hewlett Packard Enterprise, Wall, Bank of America, SNAP, Goldman, GM Locations: Okta, America
Check out the companies making headlines before the bell: Salesforce — Salesforce popped more than 9% after the cloud software company reported fiscal third-quarter earnings that beat analysts' expectations. Snowflake posted adjusted earnings of 25 cents per share on revenue of $734 million. It also issued first-quarter and full-year earnings guidance that also topped estimates. On Wednesday, the company announced a $10 billion share buyback, raised its dividend and reinstated its full-year guidance. Pure Storage — The data storage stock tumbled 14.5% in Thursday's premarket after offering a weak revenue outlook.
Persons: Salesforce, Nutanix, Snowflake, Morgan Stanley, Robinhood, James Heaney, Synopsys — Synopsys, FactSet, Goldman Sachs, — CNBC's Brian Evans, Michelle Fox, Alex Harring, Jesse Pound, Samantha Subin Organizations: LSEG, Hewlett Packard Enterprise, Nvidia, Jefferies, General Motors, Ford, Ford Motor, United Auto Workers Locations: U.K, Thursday's
Jefferies upgrades Pinterest and Snap to buy from hold Jefferies sees growth upside in 2024 for both stocks. " Wolfe upgrades Ally Financial to outperform from peer perform Wolfe said in its upgrade of the financial company that it's well-positioned. "In an environment where the probability of a mild recession or soft landing both appear plausible, we believe ALLY is well positioned to outperform in either scenario and upgrade shares to Outperform." "We continue to believe that Salesforce is on track to become the next quality [growth at a reasonable price] stock." Goldman Sachs reiterates Snowflake as buy Goldman Sachs stood by its buy rating on Snowflake after earnings on Wednesday.
Persons: Berenberg, Eli Lilly, Lilly, Wells, BTIG, Jefferies, Bernstein, Burger, Wolfe, TD Cowen downgrades Okta, Cowen, Stifel, Raymond James, Morgan Stanley, Bilibili, BILI, Baird, Pat Shanahan, Wells Fargo, Salesforce, Goldman Sachs, Snowflake, DUK Organizations: pharma, Nvidia, NVIDIA, Jefferies, SNAP, BK, UBS, Service Corporation, Deutsche Bank, Lattice Semiconductor, Apple, JPMorgan, Nokia, Infineon, Watch, Hewlett Packard Enterprise, Barclays, GE Healthcare, Airbus, Bank of America, Duke Energy, HSBC, Molson Coors Locations: FTCH, North America, China
Snowflake — Snowflake shares rallied more than 4% after the cloud company posted stronger-than-expected quarterly results and an upbeat fourth-quarter product revenue forecast. The company posted adjusted earnings of 25 cents per share on $734 million in revenue. That topped the profit of 16 cents per share and revenue of $713 million expected by analysts polled by LSEG, formerly known as Refinitiv. Discover Financial — Shares jumped 4.7% after the digital banking company announced it was exploring the sale of its student loan portfolio. Victoria's Secret — The women's clothing retailer surged 15.9% after providing current-quarter guidance that was largely in line with analysts' expectations.
Persons: LSEG, Phillips, Elliott, Morgan Stanley, Nutanix, Synopsys, Ally, Baird, Petco, Wells, , Samantha Subin, Yun Li, Michelle Fox, Lisa Kailai Han, Sarah Min Organizations: Dow Jones, Revenue, LSEG, Discover, Elliott Investment Management, CNBC, Hewlett Packard Enterprise, Nvidia, Jefferies, Wolfe Research, Barclays Locations:
Late Tuesday, the company reported fourth-quarter earnings of 2 cents per share, topping the FactSet consensus estimate of a loss of 7 cents per share. Foot Locker — The footwear retailer gained 17% after Foot Locker topped analysts' expectations in its third quarter. The company also issued third-quarter earnings guidance and a full-year forecast that came ahead of what the Street anticipated. Workday — The enterprise cloud stock popped 12% after Workday reported third-quarter results that exceeded expectations. Phillips 66 — Phillips 66 gained 3.6% after Elliott Investment Management on Wednesday said it took a $1 billion stake in the company.
Persons: Locker, CrowdStrike, General Motors, Vestis, Phillips, — Phillips, CNBC's David Faber, Jabil, Hormel, LSEG, , Alex Harring, Darla Mercado Organizations: Rover, Blackstone, Fluence Energy, Revenue, LSEG, General, GM, United Auto Workers, Hewlett Packard Enterprise, Elliott Investment Management, Petco, Wellness, Hormel
AdvertisementBusiness Insider's Katie Notopoulos has a rundown on how a relatively scandal-free summer for Meta has erupted into a full-blown crisis at Instagram. And the fix for Instagram's Reels might not be simple or one Meta's willing to make. Instagram, Tyler Le/InstagramThe WSJ's report illustrates a broader issue the ad industry is grappling with. Ad spend has never fully recovered since the onset of the pandemic, meaning companies have to do more with less. AdvertisementAll of that puts the ad industry in a juxtaposition.
Persons: McDonald's, Meta, influencers, Katie Notopoulos, Instagram, Tyler Le, Lauren Johnson, Lauren, Joe Biden, Chip Somodevilla, Here's, It's, Chelsea Jia Feng, Veronica Thatcher, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: The New York Times, Wall, Meta, UBS, Business, Google, White, Philadelphia Federal Reserve, Apollo Management, Bank of America, Chelsea, Microsoft, BI, Broadcom, VMware, Amazon, Intuit, CrowdStrike, Hewlett Packard Enterprise Locations: Instagram, Washington ,, Gaza, America, New York City, San Diego, London, New York
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNov 28 (Reuters) - Hewlett Packard Enterprise (HPE.N) beat estimates for quarterly profit on Tuesday due to easing costs but unfavorable macroeconomic conditions led to a dour forecast for the current quarter. On an adjusted basis, the "edge-to-cloud" firm earned 52 cents per share, beating analysts' average estimate of 50 cents, according to LSEG data. In the fourth quarter, Texas-based HPE's net revenue fell 7% to $7.35 billion, marginally below estimates of $7.36 billion. Compute, its largest segment, reported revenue of $2.60 billion for the quarter, down nearly 31% from a year earlier. Annualized revenue run rate, a measure of future revenue, was up 39% at $1.30 billion in the quarter ended Oct. 31.
Persons: Brendan McDermid, Arsheeya, Maju Samuel Organizations: Hewlett Packard Enterprise Co, New York Stock Exchange, REUTERS, Hewlett Packard Enterprise, IT, Accenture, India's Tata Consultancy Services, Thomson Locations: New York City, U.S, HPE, Texas, Bengaluru
(Treasury yields tend to move inversely to stock prices; as yields fall investors seeking better returns move money back into the stock market). The chipmaker once again came into its quarterly print with super-high expectations on the Street, but once again exceeded them . For this reason, we put more emphasis on monthly economic releases, such as the aforementioned personal spending report. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
Persons: Dow, Estee Lauder, Einstein, Jim Cramer's, Jim Cramer, Jim, Locker, Jeff Greenberg Organizations: Nasdaq, Federal Reserve, Treasury, Nvidia, Apple, TJX, Bank of Nova, Elbit Systems, Intuit, Hewlett Packard Enterprise, Hormel, Kroger, KR, Academy Sports, TD Bank, Royal Bank of Canada, Dell Technologies, Bank of Montreal, BMO, Jim Cramer's Charitable, CNBC, Universal, Getty Locations: Bank of Nova Scotia, AMBA
Wall Street is set to wrap up a strong month next week as stocks gun for new highs heading into year end. The Nasdaq Composite is on pace to close out the month with a double-digit advance, up 10%. In contrast to September and October, which are typically weak periods for stocks, the seasonal patterns are now in favor of equities. This week, LPL Financial's Adam Turnquist pointed out that more than half, or 55%, of S & P 500 stocks closed above their 200-day moving average. It's set to show a rise of 0.2%, down from the 0.7% rise in the prior month, according to FactSet consensus estimates.
Persons: Stephen Suttmeier, Sam Stovall, That's, CFRA's Stovall, What's, LPL, Adam Turnquist, Turnquist, Wolfe, Rob Ginsberg, Ginsberg, Morningstar's Dave Sekera, Sekera, Morningstar's Sekera, Salesforce, Gartner Organizations: Nasdaq, Bank, Treasury, Costco Wholesale, Kroger, New, Dallas Fed, Richmond Fed, Hewlett Packard Enterprise, NetApp, Intuit, PCE Deflator, Chicago PMI, PMI, Manufacturing, Dominion Energy, Cboe, Cardinal Health Locations: Chicago
Journal Editorial Report: Pushback emerges among donors and employers. Images: AP Composite: Mark KellyThe “boycott, divestment and sanctions” movement, or BDS, seeks to strangle Israel economically. It has gone after international tech giant Hewlett Packard Enterprise for allegedly doing business with Israel’s government, as well as Sabra, a food company with Israeli ownership. But BDS also seeks to harm more-vulnerable targets: small businesses. On Oct. 30, the Philly Palestine Coalition posted on Instagram urging its 15,000 followers to boycott Philadelphia restaurants that are “owned by Zionists,” serve Israeli food, raise money for Israel, or are owned by Philadelphia-based Starr Restaurants.
Persons: Mark Kelly The, Israel, Sabra, , Starr Organizations: Hewlett Packard Enterprise, Philly Palestine Coalition, Philadelphia, Israel Locations: Philadelphia
GPT-4 sign on website displayed on a laptop screen and OpenAI logo displayed on a phone screen are seen in this illustration photo taken in Poland on March 14, 2023. Aleph Alpha, a German startup taking on Microsoft-backed artificial intelligence firm OpenAI, said Monday it had raised $500 million in a funding round backed by the likes of Bosch, SAP and Hewlett Packard Enterprise. The company, which has built its own large language models, raised the fresh cash in a series B round, the company's second major funding round. It is an unusually large sum of cash for a series B investment round. Aleph Alpha will use the fresh funds to invest in research on foundation models, advanced product capabilities and commercialization of its software, the company said in a statement Monday.
Persons: Alpha, Jonas Andrulis Organizations: Microsoft, Bosch, SAP, Hewlett Packard Enterprise, Schwarz Group, Christ & Company Consulting, Artificial Intelligence, Investments, Aleph, Alpha Locations: Poland
The U.K. government said Wednesday that it will invest £225 million, or $273 million, into an artificial intelligence supercomputer, highlighting the country's ambition to lead in the technology as it races to catch up to the U.S. and China. The University of Bristol will build the supercomputer, called Isambard-AI after the 19th century British engineer Isambard Brunel. The announcement coincided with the first day of the U.K.'s AI safety summit, which is being held in Bletchley Park. The computer will pack 5,448 GH200 Grace Hopper Superchips, powerful AI chips made by U.S. semiconductor giant Nvidia , which specializes in high-performance computing applications. The U.K. government hopes the two combined supercomputers will achieve breakthroughs in fusion energy, health care and climate modeling.
Persons: Isambard Brunel, Grace Hopper Superchips, StackPC Organizations: The University of Bristol, Nvidia, Hewlett Packard Enterprise, American IT, Cambridge, Dell, Intel Locations: China, Bletchley Park, Britain, U.S, American, East Asia
Britain to invest 300 million pounds in AI supercomputing
  + stars: | 2023-11-01 | by ( ) www.reuters.com   time to read: +2 min
British Prime Minister Rishi Sunak delivers a speech on AI at Royal Society, Carlton House Terrace on October 26, 2023 in London, England. Funding for the "AI Research Resource" will be increased to 300 million pounds ($363.57 million) from a previously announced 100 million pounds, the government said at an AI safety summit aimed at charting a safe way forward for the rapidly evolving technology. "Frontier AI models are becoming exponentially more powerful," British Prime Minister Rishi Sunak said on social media platform X. "This investment will make sure Britain’s scientific talent have the tools they need to make the most advanced models of AI safe." The machines, which will be running from summer next year, will be used to analyse advanced AI models to test safety features, as well as to drive breakthroughs in drug discovery and clean energy, the government said.
Persons: Rishi Sunak, Peter Nicholls, Bristol's, Kylie MacLellan, Kirsten Donovan Organizations: British, Royal Society, Carlton, Terrace, REUTERS, Nvidia, Hewlett Packard Enterprise, Dell, SME, Thomson Locations: London, England, Britain, Cambridge, Bristol
HPE CEO Antonio Neri: Here's why AI is a big opportunity for us
  + stars: | 2023-10-20 | 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 EmailHPE CEO Antonio Neri: Here's why AI is a big opportunity for usAntonio Neri, Hewlett Packard Enterprise CEO, joins 'Squawk on the Street' to discuss HPE's 2024 guidance, the next leg of growth, and more.
Persons: Antonio Neri Organizations: Hewlett Packard Enterprise
Beware of these expensive stocks that analysts don't like
  + stars: | 2023-10-17 | by ( Brian Evans | ) www.cnbc.com   time to read: +8 min
For context, the longer-term P/E ratio for the past 12 months of the S & P 500 is about 21 times trailing earnings. That compares to a five-year average P/E ratio of 19.87. The life insurer's 12-month trailing P/E ratio came in at 31.99, compared to its five-year average P/E ratio of 13.62. For context, the longer-term P/E ratio for the past 12 months of the S&P 500 is about 21 times trailing earnings. The life insurer's 12-month trailing P/E ratio came in at 31.99, compared to its five-year average P/E ratio of 13.62.
Persons: JPMorgan's Marko Kolanovic, David Vogt, Tyson Foods, Jefferies, Henry Schein, Michael Bloom, Darla Mercado, Angela Weiss, HSIC Henry Schein, MOH Organizations: Treasury, Federal Reserve, CNBC Pro, IBM, UBS, Premier U.S, Tyson, Prudential Financial, Jefferies, Prudential, CNBC, Hewlett Packard Enterprise, Molina Healthcare, Pinnacle West, Traders, New York Stock Exchange, AFP, Getty, Business Machines Corp, Healthcare, Progressive Corp, Pinnacle West Capital Corp, TSN Tyson Foods, Business Machines Corp IBM, Target Premier U.S, Tyson Foods Inc TSN, Prudential Financial Inc
"I just want to say how deeply saddened that we all are about the recent horrific attacks on Israel ... He warned that the war in Ukraine, compounded by the attacks on Israel, could have "far-reaching impacts on energy and food markets, global trade, and geopolitical relationships." On Friday, Citigroup CEO Jane Fraser included Israel in her opening remarks on the bank's earnings call. "Once someone ventures into the space of, 'who is the perpetrator and who is the victim,' you enter into the exposure of social media disinformation and risk," Kotok said. Some large companies including Apple (AAPL.O) and Walmart (WMT.N) had yet to issue statements, while some prominent personalities including NBA star LeBron James have spoken out.
Persons: JPMorgan Chase, Jamie Dimon, Albert Bourla, Jefferies, Michael Bloomberg, Goldman Sachs, Jane Fraser, Israel, Fraser, Larry Fink, David Kotok, Cumberland, Kotok, Antonio Neri, Andy Jassy, Sundar Pichai, Satya Nadella, LeBron James, Gigi Hadid, Lananh Nguyen, Aditya Soni, Stephen Nellis, Siddharth Cavale, David Gaffen, Arriana, Sayantani Ghosh, David Gregorio Our Organizations: JPMorgan, Pfizer, UBS, New York City, Bloomberg, Delta Air Lines, Citigroup, BlackRock, Cumberland Advisors, Hewlett Packard Enterprise, Amazon, Meta, Union, Google, Microsoft, Apple, Walmart, NBA, Thomson Locations: Israel, Ukraine, New York, Florida, Bengaluru
New York CNN —Anti-Defamation League CEO Jonathan Greenblatt slammed Corporate America’s response to the terror attacks on Israel as “disappointing at best, disastrous at worst.”“We have arguably the most vibrant commercial sector on the planet. Where were you when your Jewish employees needed you?” Greenblatt said of the CEOs. Greenblatt credited JPMorgan Chase CEO Jamie Dimon, Hewlett Packard Enterprise CEO Antonio Neri and other executives who condemned the terror attacks and pledged solidarity with the people of Israel. “In America, your Jewish employees are dealing with something that is qualitatively and quantitatively different than any time in living memory. “This is not just some far-off conflict – though that would be enough for CEOs to speak out,” Greenblatt said.
Persons: Jonathan Greenblatt, ” Greenblatt, , George Floyd, Izzat, Greenblatt, Chase, Jamie Dimon, Antonio Neri, ” Dimon, ” Kathryn Wylde, Martin Luther King, Jr, Organizations: New, New York CNN, Defamation, CNN, ADL, Israeli Defense Forces, Hamas, Wednesday, Hewlett Packard Enterprise, US Chamber of Commerce, Business, , World Trade, Partnership, Companies, Accenture, Adidas, Eagle, NASCAR, NBA, New York Locations: New York, Israel, Kfar Aza, Israeli, York, New York City, United States, France, United Kingdom
CEOs Condemn Hamas’s Attack in Messages to Employees
  + stars: | 2023-10-09 | by ( ) www.wsj.com   time to read: 1 min
Chief executives and other business leaders issued a flurry of internal memos and posts on social media to condemn the attack on Israel and offer support to employees. JPMorgan Chase CEO Jamie Dimon, in a note to staff in Israel, said that the bank’s employees there and those traveling in the region were safe as of Sunday. Antonio Neri, CEO of Hewlett Packard Enterprise, called the attack by Hamas “unjustified and inexcusable” in a post on LinkedIn, and said the company was working to support employees and their families in Israel. Technology giant Nvidia canceled an artificial-intelligence summit scheduled to be held Oct. 15 and 16 in Tel Aviv. "The situation is extremely dynamic and we have asked our employees in Israel to focus on the safety of their families,” a spokesman said.
Persons: JPMorgan Chase, Jamie Dimon, Antonio Neri, Organizations: JPMorgan, Hewlett Packard Enterprise, LinkedIn, Technology, Nvidia Locations: Israel, Tel Aviv
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