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2023-05-26 14:06:05 ET Following in the footsteps of Nvidia (NASDAQ: NVDA) , which soared yesterday, Marvell Technology (NASDAQ: MRVL) is off to the races Friday afternoon -- up 28.6% through 1:05 p.m. ET. Actually, that's an even better performance than the 24.4% gain t...
2023-05-26 12:34:22 ET Summary Demand for faster, more efficient, and secure data transfer should ramp up in H2 2023. I believe that Rambus Inc. investors would do well to look beyond Q2. Starting Q3, there's likely to be sequential growth. I estimate that Rambus Inc. stock is...
Marvell Technology, Inc. (NASDAQ: MRVL) is one of today's top gainers. The company's shares are currently up 26.73% on the day to $62.7. Marvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and stan...
Stocks rose Friday as optimism around a potential U.S. debt ceiling deal increased. The Dow Jones Industrials leaped 350.79 points, or 1.1%, mid-morning Friday to 33,115.44. The S&P 500 gained 46.18 points, or 1.1%, to 4,197.46. The NASDAQ popped 196.6 points, or 1.6%, to 12,894.6...
2023-05-26 09:30:16 ET Summary ON stock has increased by more than 200% in 5 years and is up more than 34% YTD, yet still trades at less than 17x forward earnings. With an estimated CAGR of 10% over the next several years, ON is a Strong Buy with tailwinds from several megatrends ...
2023-05-26 08:35:02 ET Stocks have had a turbulent week, but they're looking to head into the weekend on a positive note. After a big jump on Thursday, the Nasdaq Composite (NASDAQINDEX: ^IXIC) appeared likely to rise again Friday morning, with index futures rising nearly half a per...
2023-05-26 08:14:23 ET The futures pointed to mild upswing at the start of Friday's trading. Debt ceiling negotiations remained top-of-mind, amid reports that a deal could be close. Here are some stocks to watch on Friday: Marvell Technology ( NASDAQ: MRVL ) rallied in premark...
2023-05-26 07:45:36 ET Marvell Technology ( NASDAQ: MRVL ) shares rose more than 18% in pre-market trading on Friday after the semiconductor company posted strong first-quarter results and guidance and Wall Street analysts called attention to AI-related comments. Barclay...
2023-05-26 05:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2023-05-26 04:30:14 ET Summary Marvell Technology's guidance for fiscal Q2 2024 is fair but nothing truly impressive. What investors have been quick to latch onto is that Marvell's AI exposure will jump by 100% y/y to around $800 million in fiscal 2025. This means that at leas...
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2024-05-02 07:30:00 ET Marvell Technologies (NASDAQ: MRVL) has emerged as a beneficiary of the artificial intelligence (AI) revolution. Founded in 1995 and going public in 2000, Marvell quickly established a reputation as a leader in disk drive readers and networking controllers....
Marvell Tech (NASDAQ:MRVL) has outperformed the market over the past 20 years by 1.99% on an annualized basis producing an average annual return of...
Microsoft Corp (NASDAQ:MSFT), Meta Platforms Inc (NASDAQ:META), and Google parent Alphabet Inc (NASDAQ:GOOG) (NA...