HP Inc. is a leading provider of PCs and printing solutions for businesses, enterprises, and consumers. The company also produces workstations, tablets, retail point-of-sale systems, calculators, and support services. The printing business offers commercial and consumer printers, MPS, 3D printing, graphics solutions, and ink and other supplies.

The major indices are modestly higher at midday on Thursday. Negotiations between the U.S. and Iran are back and forth. Meanwhile, fresh inflation data confirmed that prices are rising, as expected, largely due to the war. And, of course, individual names are rising and falling as the final earnings reports hit the tape. Crude oil is at $89 per barrel. The yield on the 10-year note is at 4.46%. The Vis volatility index is at 16.

HP Inc. is a leading provider of PCs and printing solutions for businesses, enterprises, and consumers. The company also produces workstations, tablets, retail point-of-sale systems, calculators, and support services. The printing business offers commercial and consumer printers, managed print services, 3D printing, graphics solutions, and ink and other supplies.

Wednesday was another good day for the major indices, but the action was not as broad as was the case on Tuesday. Wednesday's gains primarily came from Information Technology (XLK +2%) and Financial (XLF +1.8%), while weakness was seen in one of the hottest (and maybe most surprising) sectors this year. Consumer Staples (XLP) fell 0.8% but has popped over 14% in 2026. Other sector weakness was seen in the strongest 2026 performers, including Real Estate (XLRE), Industrials (XLI), Energy (XLE), and Materials (XLB). Software stocks rose 3% after Tuesday's 2% gain. More importantly, Tuesday's volume on the iShares Tech-Software ETF (IGV) was a record at over 50 million shares -- yet Wednesday's preliminary volume was also heavy at over 36 million. That certainly helped the XLK, as $2.9 trillion market cap MSFT rose 3%, with smaller software names ORCL, PLTR, CRM, SHOP, and APP seeing gains of 1.2% to 7%. These stocks had fallen off a cliff, and an upside reversal could be dramatic as there is virtually no overhead supply (at least for quite a while). Just an oversold or countertrend rally back to the respective 50- or 200-day averages would provide very nice returns for the beaten-up names in the sector. Computer services also aided IT, as recently weak IBM bounced 3.6%. For Financials, it was the same story. Some of the industries that have been smacked recently saw another day of recovery. Consumer finance (V, MA, AXP, and COF), investment services, banks, asset managers, and financial administration all rose at least 2%, with insurance brokers tacking on 1.3%.