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-0.00113636363636361 0.000142045454545325 0.00142045454545446 0.00127840909090914 0.000284090909090853 -0.00127840909090914 0.000568181818181705 0.0021306818181817
Stock impact report

Stock of the Day: Broadcom soars 10% as earnings forecast offers hope for the sagging AI trade [Yahoo! Finance]

Marvell Technology, Inc. (MRVL) 
Last marvell technology, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: marvell.com/company/investor_relations
Company Research Source: Yahoo! Finance
The results are a badly needed glimmer of hope for the downtrodden AI trade. The move: Broadcom stock jumped 10% to $198 per share on Friday morning. The rise claws back some of the year's losses for the stock, which was down about 22% year-to-date through Thursday's close. The chart: Why: The chipmaker is rising after it beat earnings estimates and gave an upbeat outlook Broadcom expects revenue of about $14.9 billion, outpacing consensus estimates of $14.76 billion. The firm reported first-quarter revenue that also beat projections. At $14.92 billion, sales were 25% from a year ago. Earnings per share jumped to $1.14 from $0.28 in the same timeframe. Importantly for investors looking for signs the AI trade is still alive, revenue in Read more
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