Hewlett Packard Posts Blowout Q2 Earnings, Joins Marvell Technology And Other Big Stocks Moving Higher In Tuesday's Session

U.S. stock futures were sharply higher this morning, with the Nasdaq futures surging nearly 0.50% on Tuesday following spectacular quarterly financial results and high-profile tech sector partnership announcements.

Shares of Hewlett Packard Enterprise Co (NYSE:HPE) skyrocketed in pre-market trading after delivering a historic fiscal second-quarter earnings report that crushed Wall Street forecasts.

HP reported quarterly non-GAAP diluted earnings of $0.79 per share, soundly beating the consensus analyst estimate of $0.54 per share. Total net revenue reached $10.7 billion. The growth was fueled by an unprecedented influx of enterprise orders for AI inference servers and networking equipment. Management aggressively raised its fiscal 2026 full-year non-GAAP EPS guidance to a range of $3.35 to $3.45 and boosted its free cash flow target to at least $3.5 billion, indicating structural data center modernization is moving ahead of schedule.

HPE shares jumped 26.49% to $59.45 in pre-market trading.

Here are some other stocks moving higher in pre-market trading:

• Marvell Technology Inc (NASDAQ:MRVL) shares soared 22.19% to $268.14 in pre-market trading after Nvidia CEO Jensen Huang explicitly labeled the chipmaker as the “next trillion-dollar company” during a joint keynote address at the Computex event in Taipei.
• Kelly Services Inc Class A (NASDAQ:KELYB) climbed 11.85% to $23.49 in pre-market trading.
• POET Technologies Inc (NASDAQ:POET) rose 11.37% to $15.47 in pre-market trading, catching direct tech tailwinds as demand for high-speed optical interlinks scales alongside massive data center hardware buildouts.
• STMicroelectronics NV (NYSE:STM) advanced 11.18% to $76.74 in pre-market trading.
• Relmada Therapeutics Inc (NASDAQ:RLMD) gained 10.94% to $7.60 in pre-market trading on steady, speculative clinical-stage clinical program reassessments.
• Lithium Americas Corp (NYSE:LAC) added 10.52% to $6.09 in pre-market trading, rebounding on localized domestic battery infrastructure funding headlines and broader rare metals asset flows.
• Polibeli Group Ltd (NASDAQ:PLBL) ticked up 10.21% to $6.80 in pre-market trading.
• Camtek Ltd (NASDAQ:CAMT) rose 10.12% to $179.61 in pre-market trading, benefiting heavily from increased capital expenditure projections across top-tier semiconductor packaging lines.
• Hesai Group – ADR (NASDAQ:HSAI) advanced 9.83% to $22.00 in pre-market trading.
• Generac Holdings Inc (NYSE:GNRC) ticked up 9.26% to $294.20 in pre-market trading.
• Lightwave Logic Inc (NASDAQ:LWLG) rose 8.89% to $12.00 in pre-market trading.