Marvell Technology Inc
Stocks making the biggest moves midday: Marvell Technology, Amazon, Zscaler, Teladoc and more
Check out the companies making headlines in midday trading: Victoria’s Secret — Shares declined more than 5% after the lingerie retailer issued lighter-than-expected guidance for the first quarter. Victoria’s Secret sees revenue coming in between $1.3 billion and $1.33 billion during the period, while analysts polled by LSEG had estimated $1.39 billion. Management cited an […]
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Marvell plunges 18% as outlook falls short of high expectations
Matt Murphy, CEO, Marvell Technology Scott Mlyn | CNBC Marvell Technology shares plummeted more than 17% after the chipmaker’s guidance fell short of some elevated buyside estimates. For the first fiscal quarter, the chipmaker said it expects sales of about $1.88 billion. That was just ahead of the $1.87 billion expected by analysts polled by […]
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Stocks making the biggest moves premarket: Marvell Technology, MongoDB, Macy’s, Alibaba and more
Check out the companies making headlines before the bell. MongoDB – The database software maker tumbled 18% after issuing weak guidance for fiscal 2026. MongoDB anticipates adjusted earnings per share of $2.44 to $2.62, below the $3.34 per share expected from analysts polled by LSEG. It guided for revenue of $2.24 billion to $2.28 billion, […]
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S&P 500 futures are flat after market stages a comeback rally fueled by hopes for tariff concessions: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on March 4, 2025. Michael M. Santiago | Getty Images S&P 500 futures were near the flatline on Wednesday night after the major averages rebounded on hopes for concessions on President Donald Trump’s tariffs. Futures tied to the broad market index […]
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Stocks making the biggest moves after hours: Marvell Technology, MongoDB, Zscaler and more
Check out the companies making headlines in after-hours trading: Marvell Technology — Shares of the semiconductor solutions provider plunged about 13%. In the fiscal fourth quarter, Marvell reported adjusted earnings of 60 cents per share on revenue of $1.82 billion, while analysts polled by LSEG forecast earnings of 59 cents per share on revenue of […]
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Tech stocks are down 7% since Trump’s inauguration as trade war fuels uncertainty
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai, and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th U.S. president in the U.S. Capitol Rotunda in Washington, Jan. 20, 2025. Saul Loeb | Via Reuters Technology […]
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Three stocks that could reenergize the AI trade this week
The artificial intelligence trade could get a boost this week with three semiconductor companies set to report earnings after a rough period for the group, according to Bank of America. “We expect beat/raise results from AVGO, MRVL and CRDO to re-energize interest in [artificial intelligence] semis, since capex by U.S. cloud customers and sovereign AI […]
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Tech stocks like Nvidia have room to run ahead of earnings, Bank of America says
There’s a slate of tech stocks that are well positioned ahead of earnings – and worth snapping up, according to Bank of America. The firm said that investors should take advantage of any pullback in shares of companies like Nvidia . Other buy-rated stocks include Workday , Dell and Marvell Technology. Nvidia Buy the recent […]
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Nvidia falls into correction territory, down more than 10% from its record close
Jaque Silva | Nurphoto | Getty Images Nvidia shares slumped on Monday, putting the AI chip darling officially in correction territory even as the rest of the Nasdaq Composite rose to a record. The chipmaker and de facto artificial intelligence trade has rallied 165% this year amid ongoing excitement for the buzzy technology trend. However, […]
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Deutsche Bank’s 4 chip stocks to own in 2025
Deutsche Bank is laying out its top semiconductor picks for 2025 as the sector helps power major stock market averages to new highs. Artificial intelligence mainstays such as Nvidia have taken center stage since the launch of ChatGPT in late 2022. But with the dominant maker of artificial intelligence chips up more than 180% this […]
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