Core Viewpoint - HP Inc. has been downgraded from Outperform to In Line by Evercore ISI, with a price target maintained at $29.00, indicating limited upside potential in the near term due to various challenges in the market [1][4]. Group 1: Market Outlook - The PC market is expected to sustain growth, with a total addressable market (TAM) projected to increase in the mid-single digits, driven by the Windows 11 upgrade cycle continuing into FY26 [4]. - The printing segment is anticipated to experience a low single-digit decline, presenting challenges for the company [2][4]. Group 2: Company Performance and Strategy - HP has largely mitigated tariff impacts through supply chain adjustments and cost-cutting measures, with nearly all North American products now manufactured outside of China [2][4]. - Recent strength in the PC segment may be temporary, driven by customers purchasing ahead of anticipated tariffs, which could pose risks to demand estimates for FY26 [3][4]. Group 3: Competitive Landscape - Increased competition from Dell is noted, particularly as Dell refocuses on stabilizing its market share in the PC segment [3][4]. - The company faces headwinds in its printing division, especially in the office segment, which could further impact overall performance [3][4].

Core Viewpoint - HP Inc. will hold a live audio webcast to discuss its financial results for the third fiscal quarter ending July 31, 2025, on August 27, 2025 [1] Company Overview - HP Inc. is a global technology leader operating in over 170 countries, providing a variety of innovative and sustainable devices, services, and subscriptions across personal computing, printing, 3D printing, hybrid work, and gaming [2]

Core Viewpoint - SEALCOIN and Thomson Metavisio are integrating decentralized computing technology into consumer laptops, marking a significant step towards a user-powered, secure, and distributed computing network [1][3]. Group 1: Integration and Deployment - The initial deployment involves integrating SEALCOIN Agent into 2,000 Thomson laptops, establishing a real-life use case for decentralized computing [2][5]. - Following the live integration phase, Thomson plans to scale up the deployment, with intentions to embed SEALCOIN Agent in a substantial share of future laptop shipments over the next 18 months [5][6]. Group 2: User Experience and Functionality - SEALCOIN Agent operates in the background, ensuring seamless integration with Microsoft TPM and compatibility with the device OS, while providing users with control and transparency through a dedicated interface [4][6]. - Each laptop can register itself on-chain, tokenizing its identity and allowing users to share and monetize idle CPU capacity without compromising the user experience [3][6]. Group 3: Benefits of Decentralized Computing - The integration democratizes access to cloud-like infrastructure by enabling everyday laptops to function as nodes in a distributed network, reducing reliance on centralized data centers [7]. - Users can contribute idle CPU resources to decentralized networks and earn rewards, transforming their laptops into revenue-generating assets [7]. - Enhanced security is achieved through on-chain identity registration and TPM hardware, ensuring users maintain control over their data and processing power [7]. - The approach is environmentally sustainable, utilizing existing resources instead of building new data centers, thus supporting eco-friendly decentralized computing [7]. - As AI workloads increase, decentralized computing networks will be crucial for scaling AI processing power affordably and securely [7]. Group 4: Company Vision and Commitment - Both SEALCOIN and Thomson Metavisio are committed to delivering user-ready, secure, and sustainable technologies, viewing this collaboration as a foundational step towards broader adoption of decentralized digital infrastructure [8].