HP Stock Jumps 8% Before Earnings as AI PC Bets Face a Cost Test
HP shares jumped 8% to $22.68 on Friday, rebounding from a nearly 2% drop the previous day. The rally comes ahead of HP’s May 27 earnings report, with investors focused on AI PC demand, rising memory-chip costs, and weaker printing revenue. Dell and Apple shares also rose Friday. HP remains under interim CEO Bruce Broussard following Enrique Lores’ February departure.