Keep pulling the thread on Closing Bell.
Hewlett-Packard Enterprise raised its full-year adjusted EPS forecast to a range of $3.35 to $3.45 per share, an increase of more than a dollar from its previous guidance.
Hewlett-Packard Enterprise increased its full-year free cash flow guidance to $3.5 billion, up from a previous forecast of $2 billion.
West Texas Intermediate (WTI) crude oil prices rose to more than $92 per barrel, an increase of nearly 6% on the day.
Brent crude futures increased by 4.6% to more than $95 per barrel.
Nvidia shares rose by 6.3% and Arm Holdings shares closed 15.7% higher after hitting a new intraday record.
Nvidia announced a new product, the RTX Spark Superchip, which combines an Arm central processing unit (CPU) with a Blackwell generation graphics processor (GPU).
Barry Diller has made an offer to acquire the 74% of MGM Resorts International that his company does not already own.
Barry Diller's offer for MGM Resorts International values the company at $18.8 billion, including debt.
Intel's stock closed down 4.6%, erasing almost $27 billion in market capitalization, following Nvidia's entry into the PC chip market.
Blue Origin's New Glenn rocket exploded on a Florida launchpad during a test.
Hewlett-Packard Enterprise reported quarterly net revenue of $10.7 billion, a 40% increase and approximately $1 billion above analyst expectations.
Hewlett-Packard Enterprise's networking revenue grew to $2.69 billion from $1.1 billion in the previous year.