HPE's blowout second-quarter earnings report was highlighted by a strong Cloud & AI segment that showed soaring server revenue.

Hewlett Packard stock surges 7% ahead of Q2 earnings. Analysts expect 54c EPS (up 42% YoY) as shares hit new 52-week highs.

Shares surges ahead of HPE's Q2 results as investors hope for a repeat of Dell's blockbuster print.