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2023-07-11 07:45:00 ET Summary Wall Street Analysts expect the FOMC to begin cutting the Fed funds rate in January 2024. The S&P has finished higher 77% of the time 12 months after an initial Fed rate cut. A cut in interest rates offers a unique opportunity for an event-dr...
Calgary, Alberta--(Newsfile Corp. - July 10, 2023) - Marvel Biosciences Corp. (TSXV: MRVL) and its wholly owned subsidiary, Marvel Biotechnology Inc. (collectively the " Company " or " Marvel "), is pleased to announce that it has been selected to present the Company's scientific advanc...
2023-07-10 04:08:21 ET Summary AI hype cycles regularly occur since the 1950s, often overestimating AI's potential. Yet they still push this multi-generational project forward. The latest hype cycle, fueled by generative AI, has led to increased investment and demand for Nvidia's ...
2023-07-06 04:25:57 ET Summary Marvell Technology has experienced poor margins due to high R&D expenses and increasing D&A and SG&A expenses, largely due to its acquisition strategy. However, MRVL expects to see improved net margins in the future as it aims to reduce opera...
2023-07-06 00:23:31 ET Summary Semis look poised for continued gains in Q3 after the rally continued in Q2, but there were several changes worth noting. The rally in semis is increasingly being driven by AI after other tailwinds lost strength, which could become problematic if AI ...
2023-06-30 11:52:16 ET Semiconductor stocks were largely higher on Friday, spurred in part by an upgrade of Nvidia ( NASDAQ: NVDA ) on the company's artificial intelligence prowess. Nvidia ( NVDA ) shares rose nearly 4% after Daiwa Capital upgraded the tech giant, ci...
2023-06-29 01:55:00 ET Summary With the utility of AI no longer up for debate, semiconductor chip companies emerge as the early beneficiaries of the ongoing ‘AI revolution.’. The narrative gained momentum after Nvidia Corp. reported Q1 results that easily surpassed m...
2023-06-28 22:12:09 ET Summary The increasing demand for AI is expected to create growth opportunities for companies in the semiconductor value chain, hyperscale cloud providers, and software companies. The rise in generative AI usage is particularly driving demand for GPUs, which...
2023-06-28 08:45:49 ET With the U.S. reportedly weighing new restrictions on artificial intelligence chip exports to China, Nvidia ( NASDAQ: NVDA ) could see as much as a 7% impact to revenue, some Wall Street analysts suggest. Bank of America analyst Vivek Arya, who has a buy r...
2023-06-28 06:49:41 ET With positioning having an increasing influence on stock prices, Citi is adding a new Short Stock Crowding Model to help investors identify opportunities. "Over the past 20 years there has been a change in the characteristics of the ‘marginal investorȁ...
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Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - Marvel Biosciences Corp. (TSXV: MRVL) and its wholly owned subsidiary, Marvel Biotechnology Inc. (collectively the " Company " or " Marvel "), announce that, effective July 23, 2024, its board of directors approved the grant of incentive stoc...
Marvell Announces Immediate Availability of Open Ecosystem Software for Teralynx 10 51.2T Switch PR Newswire Marvell ® Teralynx ® 10 switch now available in Linux Foundation's open-source SONiC, capitalizing on market shift to open network platforms SAN...
Marvell Teralynx 10 51.2T Ethernet Switch Enters Volume Production for Global AI Cloud Deployments PR Newswire Unique architecture delivers high bandwidth, low latency, low power and programmability in a single platform for optimized cloud AI deployments. Seamless su...