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Technology

Hewlett Packard Enterprise beats outlook with record $10.7B Q2 revenue

Hewlett Packard Enterprise (NYSE:HPE) announced Monday its financial results for the fiscal second quarter ended April 30, 2026, delivering record-breaking top-line growth that significantly exceeded both Wall Street expectations and the company's internal projections.

Read more: Hewlett Packard Enterprise beats outlook with record $10.7B Q2 revenue
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Technology

Credo Technology Q4 revenue rises 157% on scaling demand

Credo Technology Group Holding (NASDAQ:CRDO) reported its financial and operating results for the fourth quarter and full fiscal year 2026 ended May 2, 2026, delivering triple-digit top-line expansion fueled by accelerated global demand for high-speed, energy-efficient data connectivity infrastructure.

Read more: Credo Technology Q4 revenue rises 157% on scaling demand
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Technology

Anthropic confidentially files for IPO following trillion-dollar valuation milestone

Artificial intelligence researcher and developer Anthropic announced Monday that it has taken its first official step toward public capital markets, submitting confidential draft paperwork to the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO).

Read more: Anthropic confidentially files for IPO following trillion-dollar valuation milestone
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Technology

Nvidia’s new AI PC chip boosts Microsoft, Dell, and HP stocks

Software giant Microsoft (NASDAQ:MSFT) and computer hardware manufacturers Dell Technologies (NYSE:DELL) and HP (NYSE:HPE) saw their shares rise in premarket trading on Monday morning following a major market expansion announcement from artificial intelligence chip heavyweight Nvidia (NASDAQ:NVDA).

Read more: Nvidia’s new AI PC chip boosts Microsoft, Dell, and HP stocks
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Technology

SOLAI agrees to buy control of Singapore AI developer in shift from crypto mining

SOLAI (NYSE:SLAI) has reached an agreement to acquire a controlling interest in a Singaporean artificial intelligence developer, accelerating its corporate pivot away from cryptocurrency mining operations toward an AI-first infrastructure platform.

Read more: SOLAI agrees to buy control of Singapore AI developer in shift from crypto mining
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Defence

Motorola Solutions expands into airspace defense with $1.5B D-Fend deal

Motorola Solutions (NYSE:MSI) has entered into a definitive agreement to acquire counter-drone technology leader D-Fend Solutions for a total purchase price of $1.5 billion, marking an aggressive move to secure a dominant position in the rapidly expanding airspace security market.

Read more: Motorola Solutions expands into airspace defense with $1.5B D-Fend deal
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Defence

Parsons secures $99 million U.S. Air Force task order for space and C2 software

Parsons (NYSE:PSN) announced Monday that it has been awarded a $99 million single-award task order from the U.S. Air Force Research Laboratory (AFRL) to expand its development of advanced tactical command and control systems alongside space-based intelligence architectures.

Read more: Parsons secures $99 million U.S. Air Force task order for space and C2 software