HP CEO on AI PCs and the Microsoft Windows refresh cycle

The company's sales increased in its personal systems segment, due to commercial clients upgrading their computers ahead of Microsoft ending support for Windows 10 in October 2025.

HP CEO Enrique Lores told Yahoo Finance that the upgrade cycle fueled stronger than expected PC demand by businesses."The installed base has aged, and now people both small companies and large companies, realize that they need to change that," Lores explained.Printer sales continued to be a tough business, amid pricing pressure from Japanese competitors such as Canon.Earlier in May, HP unveiled its AI PCs coined the HP OmniBook X AI and the HP EliteBook Ultra AI.

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Chinese automaker BYD has launched hybrid vehicles with a 1,300-mile driving range for $13,800. Yahoo Finance's Alexandra Canal and Seana Smith break down the company's latest move and position in a heated EV race. For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

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