Nasdaq Inches Up To Conclude Mixed Week For US Stocks [Barron's]
Marvell Technology, Inc. (MRVL)
Last marvell technology, inc. earnings: 3/4 04:05 pm
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US:NASDAQ Investor Relations:
marvell.com/company/investor_relations
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Source: Barrons
Chip company Broadcom surged nearly 25 percent after reporting a 51 percent jump in quarterly revenues to $14.1 billion behind massive growth in AI-linked business. LBBW's Karl Haeling said the market is weighing lingering bullish sentiment against concerns that stocks are overbought after a torrid post-election rally. "Equities are kind of treading water," Haeling said. "A negative influence to some extent is the rise in bond yields." The tech-rich Nasdaq Composite Index finished up 0.1 percent at 19,926.73. The Dow Jones Industrial Average dipped 0.2 percent to 43,828.06, while the broad-based S&P 500 was unchanged at 6,051.09. Of the three major indices, only the Nasdaq finished higher for the week. Among companies linked to AI, a standout was Marvell Technology, which piled on 10.8 percent. But some other companies retreated, including Nvidia, which lost 2.3 percent. Also lower was sport apparel company Under Armour, which dropped 8.1 percent on disappointment over
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MRVL
News
- Marvell Technology, Inc. (NASDAQ: MRVL) had its price target raised by analysts at Morgan Stanley from $102.00 to $120.00. They now have an "equal weight" rating on the stock.MarketBeat
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MRVL
Earnings
- 12/3/24 - Beat
MRVL
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- MRVL's page on the SEC website