Hewlett Packard Enterprise $HPE reported better-than-expected revenue and earnings for the second quarter, fueled by a surge in demand for servers tailored to artificial intelligence (AI) workloads and growth in its hybrid cloud segment. The company’s results underscore the increasing importance of advanced data center infrastructure in supporting generative AI (GenAI) applications, reflecting a broader industry shift towards AI-driven computing solutions.

Leading U.S. airlines, including American Airlines $AAL, United Airlines $UAL, and Southwest Airlines $LUV, have voiced strong opposition to a renewed legislative push that seeks to cap interchange fees charged by credit card giants Visa $V and Mastercard $MA. In a formal letter to U.S. senators, the aviation industry warned that the proposed legislation could undermine the economic foundation of rewards-based credit cards, potentially leading to the end of frequent flyer miles programs that are crucial to customer loyalty and airline revenues.