Hewlett Packard

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Hewlett Packard Enterprise Company Common is under Algo Engine buy conditions.

Upcoming Earnings Announcement: Q2 Fiscal 2026

  • Earnings Date: Monday, June 1, 2026 (after market close)
  • Consensus Estimates:

* Expected Non-GAAP EPS: ~$0.51 to $0.55 (Consensus is around $0.54, representing a substantial year-over-year increase)
* Expected Revenue: ~$9.75B – $9.78B

HP shares have been buoyed by strong financial results from Lenovo Group, HP soared over 15.0%, and Dell surged to a fresh historic record high as investors preemptively positioned ahead of earnings next week.

Latest Reported Earnings: Q1 Fiscal 2026 (Reported March 9, 2026)
HPE delivered a highly profitable first quarter, notably beating profitability and cash flow expectations, driven by strong networking demand and early synergy capture from the Juniper Networks integration:

  • Revenue: $9.3 billion, up 18% year-over-year (matching consensus expectations of ~$9.31 billion).
  • Non-GAAP Diluted EPS: $0.65, beating analyst expectations of $0.59 and exceeding the company’s guidance of $0.57 – $0.61.
  • GAAP Diluted EPS: $0.31.
  • Free Cash Flow (FCF): $708 million, up $1.6 billion year-over-year (a strong result as Q1 is seasonally a cash outflow quarter).

Key Segment & Business Highlights

  • Networking Surge: Revenue in the Networking segment soared 151.5% YoY to $2.7 billion (representing nearly 30% of total revenue). This was driven by WiFi-7 uptake, strong data center switching orders, and the rapid integration of Juniper.
  • AI Backlog: HPE built up a record $5 billion AI systems backlog, primarily from enterprise and sovereign customers, which is expected to translate into revenue in the second half of fiscal 2026.
  • Supply Chain Management: The company has been managing industry-wide DRAM and NAND shortages via multi-year supply agreements and agile surcharge pricing.

Raised Fiscal Year 2026 Outlook
On the back of the Q1 results, HPE management raised its outlook for the full fiscal year:

  • FY26 Non-GAAP EPS Guidance: Raised to $2.30 to $2.50 (up from previous guidance).
  • FY26 Free Cash Flow Guidance: Increased to at least $2.0 billion (up from the previous target of $1.7B – $2.0B).

Nvidia Earnings Release

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NVIDIA Corporation – Common is under Algo Engine buy conditions. NVIDIA announces $80.0 billion additional share repurchase authorisation.

beat with $81.6bn Q1 FY27 revenue (up 85% year-on-year), guided Q2 to $91bn vs $86bn consensus, raised dividend and added $80bn buyback, shares fell ~1.5% after-hours

Financial Results for First Quarter Fiscal 2027
Record revenue of $81.6 billion, up 85% from a year ago
Record Data Center revenue of $75.2 billion, up 92% from a year ago


Announces $80.0 billion additional share repurchase authorization and increases its quarterly cash dividend from $0.01 per share to $0.25 per share. Record revenue for the first quarter ended April 26, 2026, of $81.6 billion, up 20% from the previous quarter and up 85% from a year ago. For the quarter, GAAP and non-GAAP earnings per diluted share were $2.39 and $1.87, respectively.

Large Cap Mining Stocks

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Mining – Best positioned: RIO, FMG, WHC and NHC.

Rio Tinto (RIO) should benefit from improved mining productivity and fewer weather-related disruptions during El Niño conditions, supporting stronger export volumes and margins. Over the next 1–3 years, additional growth from copper and lithium projects also provides leverage to electrification and AI infrastructure demand.

Fortescue (FMG) is highly leveraged to operational efficiency in the Pilbara, where dry conditions improve haulage, port throughput, and mine uptime. Its low-cost iron ore position and longer-term green energy optionality support a constructive medium-term earnings outlook.

Whitehaven Coal (WHC) is positioned to benefit from stronger coal export reliability and sustained global energy demand, particularly in Asia. The acquisition of BHP’s coal assets materially expands production scale and free cash flow generation over the next several years.

New Hope (NHC) combines low-cost coal production with strong leverage to improved operating conditions during dry weather periods. Macquarie highlights NHC as one of its preferred El Niño beneficiaries with supportive earnings momentum and consensus upgrades.

Mineral Resources (MIN) has one of the strongest growth outlooks because it benefits from both mining services activity and commodity production. Dry conditions improve contractor utilisation and operational efficiency, while its lithium exposure adds upside if battery material markets recover

Inner Circle

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Largest Memory Suppliers

The memory industry is highly concentrated. Samsung, SK Hynix, and Micron collectively control roughly 70%+ of the global DRAM and NAND market.

Micron Technology (USA)

  • Largest US memory producer
  • Strong in:
    • DRAM
    • NAND
    • HBM
  • Key supplier for AI servers and cloud infrastructure

Micron has aggressively expanded US manufacturing and is one of the main Western alternatives to Korean memory suppliers.

Largest Suppliers of Advanced Semiconductor Nodes

These companies manufacture the most advanced logic chips (3nm, 2nm, AI accelerators, CPUs).

TSMC (Taiwan) — Clear Global Leader

TSMC dominates advanced-node manufacturing.

Intel Foundry (USA)

Intel is attempting a major comeback under its IDM 2.0 strategy.

Key goals:

  • Compete in external foundry services
  • Regain process leadership
  • Build US and European manufacturing capacity

Intel is pushing:

  • Intel 18A
  • 2nm-class technologies
  • Advanced packaging

Intel still trails TSMC commercially but is strategically important because Western governments want alternatives to Asian supply concentration.

The AI stack effectively cannot scale without:

  • TSMC advanced nodes
  • HBM memory from SK Hynix/Samsung/Micron
  • ASML EUV machines -Supplies EUV lithography tools enabling advanced nodes

That trio is the backbone of modern AI compute infrastructure.