L'intérêt à découvert pour HP donne aux investisseurs une idée du degré auquel les investisseurs parient sur la baisse de l'action de HP. Les données sur l'intérêt à découvert sont mises à jour toutes les deux semaines.

HP (NYSE:HPQ) Stock, Rapport sur les intérêts à découvert

HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the US. HP completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.

HP Inc

HPQ Silicon Inc

JP Morgan analyst Samik Chatterjee shared earnings previews for several prominent hardware companies, cautioning that these firms may contend with ongoing demand uncertainty and renewed tariff risks in their <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings" rel="noreferrer noopener">upcoming earnings reports</a>.
Chatterjee sees another round of conservative results in the coming week, with stock movements more likely to reflect how investors interpret management&#8217;s efforts to either de-risk the second half of the year or contain expectations for potential full-year downside, especially after stronger-than-expected performances in the first half.
In contrast to HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) and Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), the analyst sees Hewlett Packard Enterprise Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) and NetApp, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTAP#NASDAQ">NTAP</a>) as better situated to withstand anticipated headwinds in their upcoming earnings.
Also Read:<a href="https://www.benzinga.com/news/large-cap/25/05/45538647/accenture-dell-nvidia-deliver-on-premise-ai-solution-for-regulated-industries" target="_blank" rel="noreferrer noopener"> Accenture, Dell, NVIDIA Deliver On-Premise AI Solution For Regulated Industries</a>
The analyst anticipates that DELL&#8217;s demand drivers, particularly from less macro-sensitive AI spending and its stronger-than-expected AI market share, will effectively offset broader macroeconomic moderation as they look beyond the immediate quarterly results. 
Conversely, the analyst expects HPQ and HPE to be more sensitive to macro trends throughout the year. The analyst also notes that while NTAP shows greater resilience, its revenue upside is limited, as it relies on market share gains to counteract any macro weakness.
Here are the analyst&#8217;s take on some key hardware stocks:
Dell Technologies Inc.: The analyst reiterated the Overweight rating on the stock, raising the price <a href="https://www.benzinga.com/quote/DELL/analyst-ratings" target="_blank" rel="noreferrer noopener">forecast from $108 to $111</a>.
Chatterjee projects the upcoming first-quarter report to look solid on the surface, with strong PC and server demand boosting revenue and margins benefiting from a lower-than-expected mix of AI server sales. However, the analyst cautions that the tariff landscape remains a key concern.
Chatterjee writes that this issue will likely be reflected in second-quarter guidance and possibly in the fiscal 2026 outlook, as the company&#8217;s current baseline assumes higher tariff levels than previously expected, even with reciprocal tariff pauses in place.
The analyst projects revenue of $23.6 billion, reflecting a 6% year-over-year increase. He also predicts gross margins to come in at 22.5%, with operating margins forecasted at 7.9%, pointing to modest strength in profitability metrics.
Hewlett Packard Enterprise Company: Chatterjee sees the stock as the most favorably positioned among hardware <a href="https://www.benzinga.com/quote/HPE/analyst-ratings" target="_blank" rel="noreferrer noopener">names going into earnings, at least on a near-term basis</a>.
The analyst notes that the company&#8217;s guidance already factors in a slowdown in AI server revenue and assumes a higher tariff burden than peers.
Additionally, he highlights potential upside from stronger networking demand, supported by recent positive results from companies like Cisco Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), Extreme Networks, Inc., and Juniper Networks, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNPR#NYSE">JNPR</a>).
Chatterjee estimates revenue at $32.4 billion, reflecting 8% year-over-year growth. He forecasts gross margins at 28.7% and operating margins at 9.5%.
HP Inc.: Per the analyst, the company is in a strong position to post a solid second-quarter result, supported by stronger-than-expected revenue as PC demand was likely pulled <a target="_blank" href="https://www.benzinga.com/quote/HPQ/analyst-ratings" rel="noreferrer noopener">forward ahead of potential tariff-driven price hikes</a>.
Chatterjee notes that this comes with limited margin pressure, helped by delayed policy effects, inventory management, and other mitigating factors.
However, he cautions that macroeconomic uncertainty could limit how much of these near-term gains carry into future quarters, as the company faces two key challenges: navigating higher tariffs than previously guided for and uncertainty around PC demand in the second half of fiscal 2025 following earlier-than-usual buying.
The analyst reiterated the Overweight rating on the stock, raising the price forecast from $29 to $30.
NetApp, Inc.: The analyst expects NetApp to see stable demand, supported by new product launches and delayed deals from the previous quarter, leading to a slight revenue beat in F4Q25E. However, FY26 revenue growth is projected to be in the low-to-mid single digits, below long-term averages, due to a muted macro environment and U.S. Public Sector headwinds.
Despite this, EPS is anticipated to exceed consensus due to resilient gross margins (improved product margins and higher Public Cloud revenue mix) and better operating discipline. This positive outlook is expected to drive NTAP&#8217;s valuation multiple back to recent year averages (14x-15x) from the current 13x.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45572375/my-top-big-tech-option-trade-of-the-week" target="_blank" rel="noreferrer noopener">My Top Big Tech Option Trade Of The Week</a></li>
</ul>
Photo via Shutterstock

Analyst Color

Equities

News

Price Target

Reiteration

Markets

Analyst Ratings

Tech

Trading Ideas

General

CSCO

DELL

JNPR

NTAP

Hewlett Packard, NetApp Better Positioned To Sidestep Tariff Headwinds Ahead of Earnings: Analyst

Morgan Stanley analyst Erik Woodring maintains HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) with a Equal-Weight and raises the price target from $25 to $29.

Morgan Stanley Maintains Equal-Weight on HP, Raises Price Target to $29

<a href="https://www.youtube.com/watch?v=o8NiE3XMPrM">https://www.youtube.com/watch?v=o8NiE3XMPrM</a>
&nbsp;

GOOG

GOOGL

Alphabet CEO Says Google Beam Will Be In Partnership With HP And Available Starting Later This Year; Announces Real-Time Speech Translation For English And Spanish In Google Meet

<a href="https://www.hp.com/us-en/newsroom/blogs/2025/HP-Tecan-Expand-Collaboration.html">https://www.hp.com/us-en/newsroom/blogs/2025/HP-Tecan-Expand-Collaboration.html</a>
HP is teaming up with Tecan, a global leader in laboratory automation for life sciences and diagnostics, to launch the Duo Digital DispenserTM, a new solution designed to simplify how researchers isolate individual cells and develop new therapeutics. Powered by HP's inkjet technology, Duo combines the capabilities of the <a href="https://www.tecan.com/simplify-your-dose-response-curve-with-d300e?&amp;utm_term=tecan%20d300e&amp;utm_campaign=SO-FluentControl&amp;utm_source=adwords&amp;utm_medium=ppc&amp;hsa_net=adwords&amp;hsa_tgt=kwd-761482067978&amp;hsa_ad=646626667156&amp;hsa_acc=9279258943&amp;hsa_grp=145508072373&amp;hsa_mt=e&amp;hsa_cam=19637595011&amp;hsa_kw=tecan%20d300e&amp;hsa_ver=3&amp;hsa_src=g&amp;gad=1&amp;gclid=CjwKCAjw3oqoBhAjEiwA_UaLtgJoulFmUVfDxcfU0k_LHgLgwAFPDZfvoZk7ht9jVtWOzL-51hgTERoCGvQQAvD_BwE">D300e Digital Dispenser</a> and the <a href="https://www.tecan.com/uno">Uno Single Cell DispenserTM</a>, delivering a major advancement in speed and precision for cancer research and other critical applications in life sciences. &nbsp; By combining single-cell and reagent dispensing into one system, the new instrument significantly improves lab efficiency, reducing sample processing time, increasing reproducibility, and cutting down on labware waste and reagent use. Duo is 40 times faster than conventional methods1 for drug discovery, reducing dosing time from 10 minutes to 15 seconds. Cell dispensing with Duo enables researchers to isolate single cells in less than 5 minutes compared to 1 hour when using traditional cell isolation technology2. The instrument features a single-use disposable component that simplifies setup, minimizes contamination risk, and enables experimental reproducibility. &nbsp; In addition to dispensing cells, Duo enables researchers to dispense reagents without the use of surfactants. This innovation is especially important for scientists developing advanced biologic therapeutics, which can be particularly sensitive to surfactants.

HP And Tecan Expand Strategic Collaboration To Unveil New Dual Use Single Cell And Reagent Dispenser For Life Science And Pharma Research

Citigroup analyst Asiya Merchant maintains HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) with a Neutral and raises the price target from $25 to $29.

Citigroup Maintains Neutral on HP, Raises Price Target to $29

WIIM

AAOI

AAPL

AEIS

AEVA

ANET

BELFA

BELFB

CGNX

CGTL

CIEN

CISO

COHR

COMM

CRSR

DOCN

EBON

ELSE

EPAM

EXTR

FFIV

FLEX

GDYN

GLOB

INFY

IPGP

KEYS

KODK

LFUS

LITE

LOGI

MLGO

NOVT

OUST

PSTG

RBBN

SANM

SMCI

SNOW

TAOP

TIXT

TRMB

TSSI

TTMI

TWLO

VNET

VUZI

ZBRA

ZEPP

Shares of companies within the broader tech sector are higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. A reduction in tariffs could alleviate some supply chain concerns and improve macro sentiment as well as demand visibility.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/09/25</td>
<td>$195.00</td>
<td>$34.5K</td>
<td>12.2K</td>
<td>31.8K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/09/25</td>
<td>$400.00</td>
<td>$26.3K</td>
<td>13.3K</td>
<td>11.7K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/09/25</td>
<td>$440.00</td>
<td>$29.9K</td>
<td>5.4K</td>
<td>5.4K</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/09/25</td>
<td>$300.00</td>
<td>$46.5K</td>
<td>4.5K</td>
<td>5.2K</td>
</tr>
<tr>
<td>HPQ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$25.00</td>
<td>$29.4K</td>
<td>208</td>
<td>3.5K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/19/25</td>
<td>$80.00</td>
<td>$35.7K</td>
<td>5.7K</td>
<td>3.0K</td>
</tr>
<tr>
<td>U</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$20.00</td>
<td>$59.9K</td>
<td>4.5K</td>
<td>2.2K</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$80.00</td>
<td>$107.5K</td>
<td>11.8K</td>
<td>1.3K</td>
</tr>
<tr>
<td>ENPH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$45.00</td>
<td>$98.6K</td>
<td>441</td>
<td>985</td>
</tr>
<tr>
<td>MARA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/09/25</td>
<td>$14.50</td>
<td>$67.6K</td>
<td>2.9K</td>
<td>897</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on May 9, 2025. This event was a transfer of 150 contract(s) at a $195.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $34.5K, with a price of $230.0 per contract. There were 12228 open contracts at this strike prior to today, and today 31849 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on May 9, 2025. This event was a transfer of 56 contract(s) at a $400.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $470.0 per contract. There were 13367 open contracts at this strike prior to today, and today 11745 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on May 9, 2025. Parties traded 168 contract(s) at a $440.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $29.9K, with a price of $178.0 per contract. There were 5404 open contracts at this strike prior to today, and today 5484 contract(s) were bought and sold. 
• Regarding APP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), we observe a call option trade with bearish sentiment. It expires in 2 day(s) on May 9, 2025. Parties traded 16 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $46.5K, with a price of $2910.0 per contract. There were 4505 open contracts at this strike prior to today, and today 5282 contract(s) were bought and sold. 
• For HPQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>), we notice a put option sweep that happens to be bullish, expiring in 407 day(s) on June 18, 2026. This event was a transfer of 84 contract(s) at a $25.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $29.4K, with a price of $350.0 per contract. There were 208 open contracts at this strike prior to today, and today 3589 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option sweep that happens to be neutral, expiring in 135 day(s) on September 19, 2025. This event was a transfer of 15 contract(s) at a $80.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $35.7K, with a price of $2385.0 per contract. There were 5777 open contracts at this strike prior to today, and today 3098 contract(s) were bought and sold. 
• Regarding U (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>), we observe a put option sweep with bearish sentiment. It expires in 9 day(s) on May 16, 2025. Parties traded 921 contract(s) at a $20.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $59.9K, with a price of $65.0 per contract. There were 4519 open contracts at this strike prior to today, and today 2263 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a put option sweep that happens to be bullish, expiring in 9 day(s) on May 16, 2025. This event was a transfer of 500 contract(s) at a $80.00 strike. This particular put needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $107.5K, with a price of $215.0 per contract. There were 11862 open contracts at this strike prior to today, and today 1370 contract(s) were bought and sold. 
• Regarding ENPH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>), we observe a call option sweep with bullish sentiment. It expires in 135 day(s) on September 19, 2025. Parties traded 138 contract(s) at a $45.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $98.6K, with a price of $715.0 per contract. There were 441 open contracts at this strike prior to today, and today 985 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a put option trade with bearish sentiment. It expires in 2 day(s) on May 9, 2025. Parties traded 483 contract(s) at a $14.50 strike. The total cost received by the writing party (or parties) was $67.6K, with a price of $140.0 per contract. There were 2941 open contracts at this strike prior to today, and today 897 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ENPH

MARA

MSFT

MSTR

10 Information Technology Stocks Whale Activity In Today's Session

HP's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) short percent of float has risen 25.06% since its last report. The company recently reported that it has 36.34 million shares sold short, which is 5.24% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.51 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>HP Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1746205228_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for HP has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing HP's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, HP's peer group average for short interest as a percentage of float is 9.62%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into HP's Recent Short Interest

Evercore ISI Group analyst Amit Daryanani maintains HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) with a Outperform and lowers the price target from $40 to $32.

Evercore ISI Group Maintains Outperform on HP, Lowers Price Target to $32

On Wednesday, Sen. Elizabeth Warren (D-Mass.) requested answers from Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) CEO Tim Cook, citing a <a href="https://www.benzinga.com/24/11/42158580/how-tim-cooks-strategy-to-win-over-trump-gave-apple-a-competitive-edge-and-why-sundar-pichai-mark-zuckerberg-and-others-might-be-following-his-playbook">pattern of "influence-peddling"</a> between the iPhone-maker and the Donald Trump administration over the trade negotiations with China.
What Happened: In a letter to Cook that was obtained by Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-04-23/apple-ceo-tim-cook-urged-by-elizabeth-warren-to-disclose-trump-tariff-talks">News</a>, Warren questioned Apple CEO's involvement in <a href="https://www.benzinga.com/25/04/44778464/trump-administration-grants-tariff-reprieve-to-tech-industry-apple-and-nvidia-among-beneficiaries">securing tariff exemptions</a> on Apple products after Trump threatened to impose duties as high as 145% on Chinese imports.
These tariffs, if enacted, would have severely impacted Apple's supply chain and profit margins. Previously, Wedbush analyst Dan Ives said that iPhones manufactured in the U.S. could cost as much as $3,500, more than <a href="https://www.benzinga.com/markets/equities/25/04/44728758/trumps-tariffs-could-push-apple-iphone-prices-to-a-staggering-3500-says-top-analyst">three times the current price</a>.
Read Next: <a href="https://www.benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it">Charlie Munger Once Said Warren Buffett Is A &#8216;Learning Machine&#8217; And That&#8217;s What Lies Beneath Berkshire Hathaway&#8217;s Success From One Decade To Another</a>
&#8220;I write regarding my concerns about the extent to which you &#8216;went to work behind the scenes&#8217; to obtain special exemptions from President Trump's new tariffs earlier this month,&#8221; Warren wrote in the letter.&nbsp;
"The circumstances surrounding Apple's exemptions raise fresh concerns about influence-peddling by huge well-connected corporations, and their ability to gain special favors from President Trump," she stated.
Adding, "At best, your work to eliminate the tariffs on Apple products, and President Trump's subsequent decision to exempt certain Apple products, creates the appearance of impropriety."
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
The senator cited reports that Cook had private discussions with Trump administration officials shortly before electronics—including iPhones—were excluded from the tariff list.
She also mentioned <a href="https://www.benzinga.com/25/01/42801809/apple-ceo-tim-cook-reportedly-donates-1-million-to-trump-inauguration-joins-ranks-of-mark-zuckerberg-jeff-bezos-and-sam-altman">Cook's $1 million donation</a> to Trump's inauguration committee.
"In light of these reports, we write to request more information about your attempts to influence Trump Administration officials," she added, asking for a timeline of Apple's conversations with federal officials and when the company learned it would be exempted.
Apple did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga&#8217;s</a> request for comments.
Why It's Important: Earlier, it was reported that Cook and U.S. Commerce Secretary Howard Lutnick discussed how <a href="https://www.benzinga.com/25/04/44882019/apple-ceo-tim-cooks-dialogue-with-commerce-secretary-lutnick-secured-tariff-exemption-for-iphones-and-electronics-report">Trump tariffs could affect iPhone prices</a>.
The report came after the Trump administration waived import duties on electronic devices produced in China. This move benefited Apple and also provided respite to companies like HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) and Dell (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>).
Last year, Cook revealed that Apple's decision to manufacture in China wasn't because of cheap labor, as most people assume.
Price Action: Apple shares rose 2.43% on Wednesday, closing at $204.60. Despite the daily gain, the stock remains down 16.10% year-to-date, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Apple currently holds a growth score of 45.08% in the <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a>. Click here to see how it compares with other leading tech stocks.
Photo Courtesy: David Garcia on Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/personal-finance/24/07/39842841/charlie-munger-said-getting-rich-is-harder-than-ever-but-heres-the-beauty-of-it-you-only-have-to" target="_blank" rel="noreferrer noopener">Charlie Munger Said Getting Rich Is Harder Than Ever, But Here's ‘The Beauty Of It' — You Only Have To Do It Once</a></li>
</ul>

Elizabeth Warren Slams Tim Cook Over Alleged Backdoor Deal With Trump To Shield Apple From Crushing China Tariffs: 'Creates The Appearance Of Impropriety'

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. HP, Altria, and Terreno Realty have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3-7%.
HP
HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) provides personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies in the U.S. and internationally.
Don't Miss:
<ul>
<li>‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.26/share with a $1000 minimum.</a></li>
<li>Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.</li>
</ul>
HP has raised its dividends every year for the last nine years. In its most recent dividend hike announcement on Nov. 26, the company's board increased the quarterly payout by 5% to $0.2894, which is equal to an annual figure of $1.16 per share. Currently, the dividend yield stands at 4.82%.
The company&#8217;s annual revenue as of Jan. 31 stood at $53.88 billion. In the company&#8217;s Q1 2025 earnings report on Feb. 27, it posted revenues of $13.50 billion, above the consensus estimate of $13.36 billion, and EPS of $0.74, matching expectations.
Check out this <a href="https://www.benzinga.com/insights/short-sellers/25/04/44760391/how-is-the-market-feeling-about-hp">article by Benzinga</a> to learn how the market is feeling about HP.
Trending: It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
Altria
Altria Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MO#NYSE">MO</a>) manufactures and sells smokeable and oral tobacco products in the U.S.
Altria Group has increased its dividends 59 times in the past 55 years. According to its most recent dividend hike announcement on Aug. 22, the company raised the quarterly payout by 4.1% to $1.02 per share, equal to an annual figure of $4.08 per share. More recently, in its dividend announcement on Feb. 27, the company maintained the payout at the same level. The current dividend yield on the stock is 7.14%.
Altria Group&#8217;s annual revenue as of Dec. 31 stood at $20.44 billion. In its most recent earnings report on Jan. 30, the company posted Q4 2024 revenues of $5.97 billion and EPS of $1.29. Both figures beat the consensus estimates.
See Also: Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.60 per share now</a>.
Terreno Realty
Terreno Realty Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami and Washington, D.C.
The company has raised its dividends consecutively for the last 11 years. In its most recent dividend hike announcement on Aug. 7, the board increased the quarterly payout by 8.9% to $0.49 per share, equaling an annual figure of $1.96 per share. More recently, in its dividend announcement on Feb. 5, the payout remained unchanged. Currently, the dividend yield is 3.52%.
Terreno Realty's annual revenue as of Dec. 31 stood at $382.62 million. As per the company's Q4 2024 earnings release on Feb. 5, it generated revenues of $99.64 million and an EPS of $0.63, both above consensus estimates.
Check out this <a href="https://www.benzinga.com/insights/analyst-ratings/25/04/44822487/expert-outlook-terreno-realty-through-the-eyes-of-10-analysts">article by Benzinga</a> for 10 analysts&#8217; insights on Terreno Realty.
HP, Altria, and Terreno Realty are good choices for investors seeking reliable passive income. Their dividend yields of around 3% to 7% and long history of consistent hikes make them attractive to income-focused investors.
Read Next:
<ul>
<li>Maker of a life-changing asthma device with 12,000+ patients waiting, FDA clearance, and a 67% drop in attacks — now <a href="https://www.benzinga.com/money/how-a-10k-bet-on-health-care-originals-could-have-skyrocketed-your-portfolio">taking final investors at just $1.52 per share.</a></li>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
</ul>
Image: Shutterstock

Personal Finance

TRNO

Why HP, Altria, And Terreno Realty Are Winners For Passive Income

In a recent dialogue with U.S. Commerce Secretary Howard Lutnick, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) CEO Tim Cook reportedly discussed the potential ramifications of President Donald Trump&#8216;s tariffs on iPhone prices.
What Happened: Cook held a discussion last week with the Commerce Secretary about the possible impact of the tariffs on iPhone prices. Cook also engaged in talks with other senior White House officials, according to a <a href="https://www.washingtonpost.com/business/2025/04/17/apple-iphone-tariff-exemption-trump/">report</a> by The Washington Post. As a result of this conversation, the Trump administration has agreed to exempt Apple&#8217;s China-produced electronic products from import duties.
Despite the widespread criticism of President Donald Trump&#8216;s trade policies by numerous executives, Cook chose not to do so. By the end of the week, the Trump administration decided to exempt import duties on electronic products that Apple manufactures in China. This decision also benefited other major U.S. firms like HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) and Dell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NASDAQ">DELL</a>).
Notably, the exemption was approved even though senior White House aide Peter Navarro had recommended keeping the taxes in place.
Wilbur Ross, former commerce secretary during Trump's first term, told the publication, &#8220;Tim has a very good relationship with the president and rightly so. He has been playing a very careful role in that he obviously has a huge dependency on China but is also hugely important to the U.S.&#8221;
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/25/04/44869983/a-small-business-owner-asks-whats-your-plan-now-that-a-20-product-from-china-costs-50-before-it-even-hits-th" target="_blank" rel="noreferrer noopener">A Small Business Owner Asks, &#8216;What&#8217;s Your Plan,&#8217; Now That A $20 Product From China Costs $50 Before It Even Hits The Warehouse?</a>
Why It Matters: Apple shares climbed over 2% on Monday after Trump exempted tariffs on electronics on Friday and pushed the company's market cap back more than $3 trillion. After the exemption, Trump stated, "I helped Tim Cook, recently, and that whole business,&#8221; reported CNBC.
The Apple CEO also invested $500 billion in the U.S. in March for an AI push, boosting U.S. manufacturing tech after a discussion with President Trump.
Prior to this development, Apple had been preparing for the <a href="https://www.benzinga.com/25/04/44781528/apples-preemptive-iphone-stockpile-could-disrupt-supply-chain-amid-looming-semiconductor-tariffs-warns-top-analyst-says-this-may-be-cupertinos-best-option-beyond-white-house-talks">potential impact </a>of tariffs on its supply chain. Top analyst Ming-Chi Kuo had warned that Apple&#8217;s supply chain could face significant disruptions due to the tariffs.
Interestingly, Cook had <a href="https://www.benzinga.com/markets/25/04/44783543/when-tim-cook-revealed-the-real-reason-iphones-are-made-in-chinaand-its-not-low-labor-costs-china-stopped-being-a-low-wage-country-years-ago">previously clarified</a> that Apple&#8217;s decision to manufacture its products in China was not due to low labor costs. In a 2024 video, Cook stated, &#8220;China stopped being a low labor cost company many years ago.&#8221; This tariff exemption will allow Apple to continue its manufacturing operations in China without the added cost of import duties.
According to&nbsp;Benzinga Edge Rankings,&nbsp;Apple is unfavorable in the short, medium, and long term, but how does it compare with other tech stocks? Check out&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock rankings</a>&nbsp;today to learn more.
Over the past month, Apple stock declined by over 7.4%, according to data from <a href="http://pro.benzinga.com">Benzinga Pro.</a>
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/44877231/ethereum-price-plunges-to-2018-levels-what-is-going-on" target="_blank" rel="noreferrer noopener">Ethereum Price Plunges To 2018 Levels: What Is Going On? &#8211; Benzinga</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

TSLA

Tim Cook's Talks With Commerce Secretary Lutnick Helped Apple Secure Tariff Exemption For iPhones: Report

JP Morgan analyst Samik Chatterjee maintains HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) with a Overweight and lowers the price target from $40 to $29.

JP Morgan Maintains Overweight on HP, Lowers Price Target to $29

HP intends to use the net proceeds from the offering for general corporate purposes, which may include, without limitation, repayment and refinancing of debt (including the repayment of HP's 2.200% notes due June 2025 at maturity).

Reported Earlier, HP Prices $1B Senior Unsecured Notes Offering Consisting Of $500M 5.400% Notes Due 2030 And $500M 6.100% Notes Due 2035

Citigroup analyst Asiya Merchant maintains HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) with a Neutral and lowers the price target from $36.5 to $25.

Citigroup Maintains Neutral on HP, Lowers Price Target to $25

Goldman Sachs analysts swiftly raised their earnings forecasts for top U.S. tech giants after a surprise weekend decision from the White House shielded key electronics from steep new <a href="https://www.benzinga.com/markets/25/04/44777482/trump-tariff-wars-chinas-new-rule-to-exempt-nvidia-qualcomm-and-others-from-levies-but-these-chip-companies-will-be-hit-with-125-tariffs">tariffs on Chinese imports.</a>
In a note shared Monday, analyst Michael Ng said U.S. Customs and Border Protection issued guidance late Friday clarifying that 20 tech product categories—including smartphones, servers, routers, solid-state drives and semiconductor equipment—would be exempt from the sweeping 125% tariffs imposed on Chinese goods. 
The exemptions apply retroactively to April 5 and may soften the blow for key hardware manufacturers facing escalating trade tensions.
<h3 class="wp-block-heading">Apple, Dell, HP Get A Reprieve</h3>
Goldman Sachs reversed recent estimate cuts on Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), Hewlett Packard Enterprise Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) and HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>). 
"These adjustments largely reverse the estimate cuts we made on April 7," Ng said, tying the swing directly to the reversal in tariff policy.
Thanks to improved gross margins, Goldman now sees stronger profitability ahead for these firms.
According to the investment bank, the move is particularly favorable for smartphone, PC, server and networking equipment makers. Still, the bank stopped short of sounding the all-clear, saying that "ongoing uncertainty in trade policy and growth" continues to pose a risk to the sector.
Apple received one of the largest upgrades. Goldman lifted its 12-month target price from $242 to $259 and increased projected earnings per share for fiscal years 2025 through 2027 by 6% on average, with estimates now at $7.37, $8.27 and $9.24, respectively. The revised valuation assumes a 30-times multiple on earnings one year forward, consistent with prior models.
Shares of the Cupertino-based iPhone maker climbed 5.5% in Monday&#8217;s premarket session, nearly reversing the losses it suffered following Donald Trump&#8217;s tariff announcement on April 2. 
Dell also saw a notable earnings bump. Goldman raised its fiscal 2026 EPS forecast from $7.57 to $9.13 and reiterated a target price of $95. That reflects a 9-times multiple on forward earnings, unchanged from previous assumptions.
Dell Technologies Inc. jumped 6%, also reclaiming ground lost earlier this month.
For HP Inc., while the rating remained Neutral, Goldman increased its fiscal 2025 and 2026 EPS projections by 10% on average, now forecasting $3.48 and $3.52. The 12-month price target holds steady at $27, based on a 7.5-times forward earnings multiple.
Hewlett Packard Enterprise Co. gained 4%, while HP Inc. advanced 3.7%.
The broader Technology&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>)&nbsp;rose 2.1% by 8:00 a.m. ET. 
<h3 class="wp-block-heading">Why These Products Matter</h3>
The products now exempted from tariffs make up a significant chunk of the U.S.-China tech trade.
Data from the International Trade Centre show the U.S. exported $15 billion worth of electrical goods to China in 2024, along with $8.7 billion to Hong Kong and $7.3 billion to Taiwan. Smartphone exports alone totaled $5.6 billion to Greater China.
Imports, however, dwarf those figures. Last year, the U.S. imported $159 billion of related electronics from China and its territories, including $58.9 billion worth of smartphones.
These figures underline how deeply intertwined the two economies remain—particularly in the tech supply chain. 
Before the latest White House decision, some experts estimated the price of a brand-new iPhone 16 Pro could have surged past $2,250—a jump of roughly 60%.
Read now: 
<ul>
<li><a href="https://www.benzinga.com/general/market-summary/25/04/44784107/us-stocks-likely-to-open-higher-expert-says-the-selling-pressure-is-starting-to-be-exhausted">US Stocks Likely To Open Higher: Expert Says &#8216;The Selling Pressure Is Starting To Be Exhausted&#8217;</a></li>
</ul>
Photo: Shutterstock

Asia

Macro Economic Events

Econ #s

Economics

Goldman Sachs Cheers China Tariff Exemptions, Lifts Earnings Forecasts For Apple, Dell, HP

NVDA

Shares of semiconductor, electronics and hardware stocks are trading higher after the Trump administration excluded a range of technology products, including consumer electronics from the 145% reciprocal tariffs bucket.

HP's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) short percent of float has fallen 5.2% since its last report. The company recently reported that it has 29.11 million shares sold short, which is 4.19% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.66 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>HP Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1744376425_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for HP has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing HP's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, HP's peer group average for short interest as a percentage of float is 8.92%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About HP?

Shares of hardware and storage stocks are trading lower amid overall tech weakness as stocks pull back after surging Wednesday following President Trump's tariff pause announcement.

Shares of tech and hardware companies are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

Press Releases

Shaping the Future of Work: HP Amplify 2025

HP Turbocharges Partner Growth to Drive the Future of Work

HP and Reincubate Partner to Deliver Personalized, NPU-Based, On-Device AI Capabilities

IPOs

HP Inc. Announces Pricing of Senior Notes

HP Announces 2025 Digital Equity Accelerator Cohort

UPDATE -- HP Announces 2025 Digital Equity Accelerator Cohort

Scuderia Ferrari and HP Fuse Technology and Design with Special Livery for Miami Grand Prix

Lewis Hamilton Foundation Mission 44 and HP Inc. Join Forces to Drive STEM Skills and Future of Work Readiness for Young People

Comments

HP

Intérêt court

HP (NYSE:HPQ) Stock, Rapport sur les intérêts à découvert

Les gens regardent aussi

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL