Big news about a company called Hewlett Packard Enterprise (HPE)! They make computers for artificial intelligence (AI), which is like super-smart computer technology. HPE's sales are down because of something called tariffs.
Tariffs are like extra taxes on things that come from other countries. The US government put tariffs on parts HPE buys to make its computers. This makes HPE's products more expensive.
Because of these extra costs, HPE expects to make less money this year. They will also reduce the number of people working for them.
- HPE's stock price went down a lot.
- This is because of tariffs on parts from other countries.
- HPE will try to fix the problem by getting parts from different places and changing prices.
- Other computer companies are also having problems because of these tariffs.
| Thing | Number |
|---|---|
| HPE stock price drop | 13% |
| Expected loss in market value | >$3 billion |
| HPE price-to-earnings ratio | 8.19 |
