Market Overview - The market experienced significant volatility, with a notable turnaround in indices during the latter half of the afternoon, influenced by commentary from President Trump [2][3] - Oil prices continued to decline, dropping as much as 10% due to improving commentary on the Iranian war, before partially recovering [3] Company Performance: HPE - HPE reported solid earnings, with adjusted earnings per share exceeding expectations and revenue rising 18% year-over-year [6][7] - Networking showed exceptional growth, surging over 150% year-over-year, driven by strong demand in campus data center networking and security [8] - Non-GAAP gross margins improved significantly, rising over 700 basis points year-over-year, attributed to better product mix and pricing discipline [9] - Despite the earnings beat, revenue slightly missed expectations, raising concerns about pricing pressures from the chip shortage [9][10] Company Performance: Taiwan Semiconductor - Taiwan Semiconductor reported a 22% year-over-year revenue growth in February, despite a 20.8% monthly decline [12][14] - The company continues to thrive due to increased demand for AI hardware and software, with January revenue rising 30% [13] - The growth rate in February was affected by the lunar new year, making the year-over-year increase appear less representative [14] Company Performance: Kohl's - Kohl's shares faced pressure following mixed quarterly results, with earnings per share above analyst estimates but net sales declining 4% year-over-year [19][20] - Comparable sales dropped 2.8%, worse than the expected decline, leading to an 8% drop in stock price before a slight recovery [20] - The company is undergoing a turnaround effort, with management highlighting progress, but revenue figures did not support this narrative [20]