This Analyst's AI Prediction About Marvell Technology (MRVL) Was Right — Stock Up 36% Since His Comments [Yahoo! Finance]
Marvell Technology, Inc. (MRVL)
Last marvell technology, inc. earnings: 3/4 04:05 pm
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Source: Yahoo! Finance
Investors are still digesting the Fed's aggressive rate cut and charting the path forward. Roger Altman, Evercore founder and senior chairman, said while talking to CNBC in a latest program that the Fed was not “behind the curve” but it went with a higher-than-expected rate cut amid labor market concerns. Asked if he thinks we are headed toward a soft landing scenario, Altman said yes, as he believes growth is “resilient” and corporate profit outlook is good. Altman said equity markets are headed to have their best year since 1960. “If the landing is finished and the Fed hits its target, Powell will deserve an A and it would be a pretty miraculous achievement,” Altman said. While the analyst believes currently it's a “near perfect” overall environment for the market, he did point to “storm clouds” gathering over the international stage including the expanding crisis in the Middle East, Russia's war on Ukraine and America's overall fiscal situation. For this article we chose 1
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MRVL
News
- Marvell Technology's (MRVL) Non-AI Revenue Could Positively Surprise Investors [Yahoo! Finance]Yahoo! Finance
- Marvell Technology (MRVL) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
- Semiconductor Manufacturing Stocks Q2 Highlights: Marvell Technology (NASDAQ:MRVL) [Yahoo! Finance]Yahoo! Finance
- Marvell Technology, Inc. (NASDAQ: MRVL) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Marvell Technology Q3 Preview: Expecting Strong Growth In Custom Silicon, Upgrade [Seeking Alpha]Seeking Alpha
MRVL
Earnings
- 8/29/24 - Beat
MRVL
Sec Filings
- 10/21/24 - Form 144
- 10/17/24 - Form 4
- 10/17/24 - Form 4
- MRVL's page on the SEC website