HPE outlined its fiscal 2020 outlook at its analyst meeting and highlighted how its business will shift as it moves to a subscription model.
While the e-commerce company is still reviewing the value of StubHub and its Classifieds business, eBay's finalized operating review resulted in a three-year plan to improve margins.
The company also delivered strong guidance for the current quarter and fiscal year.
McDermott will replace John Donahoe, who is stepping down from his role leading ServiceNow to become the CEO of Nike.
Many of Microsoft's product lines fared well in the first quarter as the commercial cloud continued to gain momentum.