financetom
Business
financetom
/
Business
/
HP Stock Is Rising Monday: What's Going On?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
HP Stock Is Rising Monday: What's Going On?
May 20, 2024 1:13 PM

HP Inc. ( HPQ ) is stirring up investor interest Monday afternoon with notable movement in its stock price.

What To Know: HP unveiled a new class of next-generation AI PCs at Microsoft Corp’s AI Vision Event on Monday.

The unveiling of the HP OmniBook X AI PC and HP EliteBook Ultra AI PC marked a significant step forward in the evolution of personal computing. Equipped with a dedicated Neural Processing Unit (NPU) capable of 45 trillion operations per second, these devices offer lightning-fast responsiveness and unprecedented AI-powered features.

HP highlighted the sleek design, long battery life and robust security features of its new AI PCs. The HP OmniBook X and HP EliteBook Ultra promise to redefine productivity and creativity, enabling users to unleash their full potential from anywhere.

"We're at the beginning of a new decade of personal computing that will redefine what a personal computer is. AI enables a fundamentally more personalized and creative experience we believe will empower people in both their personal and professional lives." said Alex Cho, president of personal systems at HP Inc. 

HP noted that its next-gen PCs are designed and engineered around the Snapdragon X Elite processor. Coupled with Copilot+ PC and transformative features like Recall, these PCs are expected to supercharge creativity and productivity. Both devices also incorporate recycled materials and sustainable sourcing, reflecting HP’s dedication to environmental stewardship.

See Also: What’s Going On With Palo Alto Networks Stock Ahead Of Earnings?

HPQ Price Action: HP Inc ( HPQ ) shares were up by 2.63% at $31.79 at the time of writing, according to Benzinga Pro.

See Also: Microsoft To Unveil New Surface Devices At Redmond Event

Image: 3844328 from Pixabay.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Lab at Heart of Zantac Cancer Claims Files Whistleblower Lawsuit Against GSK
Lab at Heart of Zantac Cancer Claims Files Whistleblower Lawsuit Against GSK
May 20, 2024
03:51 PM EDT, 05/20/2024 (MT Newswires) -- The independent lab that raised concerns about GSK's (GSK) Zantac heartburn medication has filed a whistleblower lawsuit against the UK drugmaker, alleging the company hid the drug's cancer risks for decades. The suit, filed in the US District Court for the Eastern District of Pennsylvania, by Valisure alleges GSK concealed data from the...
--Lennox International Raises Quarterly Dividend to $1.15/share from $1.15, Payable July 15 to Holders of Record on June 28
--Lennox International Raises Quarterly Dividend to $1.15/share from $1.15, Payable July 15 to Holders of Record on June 28
May 20, 2024
03:51 PM EDT, 05/20/2024 (MT Newswires) -- Price: 492.71, Change: +2.85, Percent Change: +0.58 ...
HP Stock Is Rising Monday: What's Going On?
HP Stock Is Rising Monday: What's Going On?
May 20, 2024
HP Inc. ( HPQ ) is stirring up investor interest Monday afternoon with notable movement in its stock price. What To Know: HP unveiled a new class of next-generation AI PCs at Microsoft Corp’s AI Vision Event on Monday. The unveiling of the HP OmniBook X AI PC and HP EliteBook Ultra AI PC marked a significant step forward in...
Market Chatter: Rio Tinto Declares 'Force Majeure' on Australian Alumina Shipments Amid Gas Shortage
Market Chatter: Rio Tinto Declares 'Force Majeure' on Australian Alumina Shipments Amid Gas Shortage
May 20, 2024
03:49 PM EDT, 05/20/2024 (MT Newswires) -- Rio Tinto (RIO) has declared force majeure on alumina shipments from its Queensland, Australia refineries due to gas shortages, Bloomberg reported Monday, citing people familiar with the situation. The company notified clients of the decision on Monday, the people told Bloomberg. The shortage has affected the mining company's Yarwun refinery and Queensland Alumina,...
Copyright 2023-2025 - www.financetom.com All Rights Reserved