HPE shares pop after activist Elliott Management takes $1.5 billion stake

Group 1 - Shares of Hewlett Packard Enterprise (HPE) increased nearly 5% following Elliott Investment Management's acquisition of a stake exceeding $1.5 billion in the company [1] - Elliott Investment Management aims to engage HPE in discussions to enhance shareholder value [1] - HPE's stock has declined by more than 25% in value this year [2] Group 2 - HPE exceeded quarterly revenue expectations last month but provided weak guidance for the full fiscal year [2] - The company is facing challenges with higher discounting and anticipates that price adjustments will negatively impact its top-line growth [2]