Wall Street stocks finished lower on Thursday, with the Nasdaq confirming it has been in a correction since December, weighed down by market jitters over the current uncertainty surrounding U.S. trade policy.
Loop Capital Upgrades Marvell Technology (MRVL)
Marvell (MRVL): New Buy Recommendation for This Technology Giant
In a report released yesterday, Mark Lipacis from Evercore ISI maintained a Buy rating on Marvell (MRVL – Research Report), with a price target
Why Marvell Technology (MRVL) Shares Are Falling Today
Semiconductor company Marvell Technology (NASDAQ:MRVL) is set to report its fourth quarter earnings result on Wednesday, March 5th, after the closing bell. Wall Street expects the company to report earnings per share of $0.
But fails to meet Wall Street’s over-optimistic expectations. Marvell Technology. took a pounding in late trading after delivering a revenue forecast that failed to match the cocaine nose jobs of Wall Street’s daft,
After investors poured into semiconductor stocks last year, expectations are high, and companies are having trouble making Wall Street happy.
The hardest thing about making custom AI chips for large, demanding customers might be the expectations that go with it. Shares of Marvell Technology slid Thursday morning following its quarterly report.
Major U.S. stock indexes declined sharply on Thursday with investors concerned about the impact President Donald Trump's trade policy may have on companies and the broader economy, while Marvell Technology's revenue forecast sparked concerns about spending on artificial intelligence infrastructure.
Marvell Technology’s (MRVL) stock is down 15% after the company posted financial results that were only slightly better than Wall Street
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
The stock of Marvell Technology (NASDAQ: MRVL) is getting hit with big sell-offs on Thursday following the company's recent earnings report. Sell-offs for Marvell after earnings are also triggering valuation pullbacks for other artificial intelligence (AI) and semiconductor stocks.
Chinese companies are continuing to make big strides in artificial intelligence, as Alibaba (BABA) unveiled its latest reasoning model with fewer parameters.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results