HPE reported total quarterly sales increased 16% to $7.85 billion. Analysts, on average, estimated $7.81 billion. Server revenue was $4.3 billion, also just ahead of estimates.
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 closed at 22,544.70, while Sensex ended at 74,340.09.
Shares in Australia and Japan fell more than 1% in opening trade while equity index futures for Hong Kong slipped. Drops for Japanese benchmarks reflected declining risk sentiment and a Thursday rally in the yen.
West Texas Intermediate futures traded near $66 a barrel, and are down 5% so far for the week on concerns levies will dent demand. Brent closed below $70.
Just 24 hours ahead of the US payrolls report, data showed jobless claims fell, offering some relief after other figures pointed to a worsening labor-market. The employment print is expected to show a pick in job growth.
Broadcom’s semiconductor division had revenue of $8.21 billion in the quarter, up 11%. Software sales were $6.7 billion. Both numbers topped projections.
Shares of Eris Lifesciences Ltd ended at ₹1,274.15, up by ₹46.35, or 3.78%, on the BSE.
Shares of Power Grid Corporation of India Ltd ended at ₹266.45, up by ₹1.55, or 0.59%, on the BSE.
The REIT, structured with a 55:45 shareholding between Blackstone and Sattva, is set to become India’s largest office REIT by Net Operating Income (NOI) of ₹4,300 crore and Gross Asset Value (GAV) of ₹60,000 crore.
Shares of Tata Consultancy Services Ltd ended at ₹3,599.70, up by ₹50.35, or 1.42%, on the BSE.