Author: i2wtc
Antonio Neri, President and CEO of Hewlett Packard Enterprise.Anjali Sundaram | CNBCHewlett Packard Enterprise shares sank 7% in extended trading on Wednesday after the company issued disappointing guidance for its fiscal 2026.At a meeting with analysts, HPE said its adjusted earnings per share for the year would be in the range of $2.20 to $2.40. Analysts were expecting earnings per share of $2.40, according to LSEG. Revenue growth, meanwhile, will be between 5% and 10%, far lower far lower than Wall Street estimates of 17%.HPE, which sells data center equipment, said it plans to focus on several “strategic priorities” aimed…
This marks second killing of police officers on polio duty across K-P in as many days A police constable, identified as 35-year-old Maqsood, a resident of Kheshgi, who was part of the security detail of a polio vaccination team, was killed on Wednesday when unidentified assailants opened fire in the Kaahi area of Nizampur, Khyber-Pakhtunkhwa, said police. According to the police spokesperson, the attack occurred while female polio workers were administering drops to children inside a house. The attackers managed to flee after the incident. A search operation to apprehend them is underway. This marks the second such incident in three days since…
Marc Benioff, chief executive officer of Salesforce Inc., speaks during the 2025 Dreamforce conference in San Francisco, California, US, on Tuesday, Oct. 14, 2025. Michael Short | Bloomberg | Getty ImagesSalesforce shares rose as much as 5% in extended trading on Wednesday after the software vendor issued new financial targets for the next few years.The company said it now expects revenue of over $60 billion in 2030, above the $58.37 billion consensus among analysts polled by LSEG.The guidance excludes impact from the pending acquisition of data management company Informatica. The $8 billion deal, announced in May, is slated to close…
Villagers transport fruit at Zhongcheng Town of Rongjiang County, Qiandongnan Miao and Dong Autonomous Prefecture, southwest China’s Guizhou Province, Oct. 14, 2025. (Photo by Li Changhua/Xinhua)A villager harvests pomelos in Xichou County of Wenshan Zhuang and Miao Autonomous Prefecture, southwest China’s Yunnan Province, Oct. 15, 2025. (Photo by Xiong Pingxiang/Xinhua)A villager airs corn at a yard in Xiulin Town of Jingxing County, Shijiazhuang of north China’s Hebei Province, Oct. 15, 2025. (Photo by Liang Zidong/Xinhua)An aerial drone photo taken on Oct. 15, 2025 shows villagers harvesting rice in a field in Heshun Town of Tengchong City, southwest China’s Yunnan Province.…
KSE-100 closes 210.36 points higher as investors weigh IMF deal, earnings signals The Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Wednesday with KSE-100 index closing slightly higher by 210.36 points, or 0.13% at 165,686.38. The index traded within a wide range, hitting an intra-day high of 167,561.69 and a low of 165,357.21. Trading started with a strong sentiment on Wednesday morning after news broke out on Pakistan’s staff level agreement with the International Monetary Fund (IMF) for Extended Fund Facility (EFF) and the first review under the Resilience and Sustainability Facility (RSF). The enthusiasm was short-lived, however, as investors…
Arm Holdings CEO Rene Haas told CNBC’s Jim Cramer on Wednesday that moving some AI functions away from the could help reduce energy usage.Over time, he suggested, a large number of multi-gigawatt data centers won’t be sustainable.”You look to yourself, well, what are the kind of things that need to happen? I think there’s two vectors to it,” Haas said. “One is low power, the lowest power solution you can get in the cloud. Arm really contributes there. But I think even more specifically is moving those AI workloads away from the cloud to local applications.”While he said AI training…
Demonstrators hold posters on the day Sen. Chris Van Hollen (D-MD), and Rep. Ayanna Pressley (D-MA) speak to fired federal workers holding their weekly sit-in outside the U.S. Capitol a day before a partial government shutdown is set to take effect on Capitol Hill in Washington, D.C., U.S., Sept. 30, 2025.Annabelle Gordon | ReutersA federal judge on Wednesday blocked the Trump administration, for now, from firing federal workers during the ongoing government shutdown.The order came five days after the administration issued reduction-in-force notifications to more than 4,000 federal workers.”The activities that are being undertaken here are contrary to the laws,”…
As U.S. states start to react to growing constituent concerns around the risks associated with artificial intelligence use, Tennessee Sen. Marsha Blackburn said moving forward with a federal preemption standard is “imperative.”Earlier this week, California Gov. Gavin Newsom signed a series of bills focused on those concerns — while also vetoing some strict AI conditions legislators hoped for — requiring safeguards around chatbots, labels around the mental risks of social media apps, and tools that require age verification in device maker app stores.In addition, Utah and Texas have also signed laws implementing AI safeguards for minors, and other states have…
An anti-terrorism court (ATC) in Rawalpindi formally pressed charges against Aleema Khan and 10 others accused in a case pertaining to May 9 protests. Aleema, incarcerated Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan’s sister, refused to sign the charge sheet and insisted the court await ruling on her plea challenging the ATC’s jurisdiction to hear the case. Aleema’s counsel has challenged ATC’s jurisdiction under Section 23 of the Anti-Terrorism Act 1997. Section 23 of the ATA gives the ATC power to transfer cases to regular courts if it is of the opinion that the offence is not a scheduled offence. The petition, filed…
US President Donald Trump speaks during a press conference in the Oval Office of the White House in Washington, DC on Oct. 15, 2025.Andrew Caballero-Reynolds | AFP | Getty ImagesPresident Donald Trump on Wednesday said he might go to the Supreme Court next month to hear oral arguments in the major tariffs case that could determine the fate of his protectionist trade agenda.If he goes, Trump would apparently be the first sitting U.S. president to attend Supreme Court arguments.”We have a big case coming up in the Supreme Court, and I will tell you, that’s one of the most important…