Marvell Technology Inc. News
Nvidia, ON Semi, AMD Among Bank of America's Top Chip Stocks
Chip stocks have 23% free-cash-flow margins, making them more than twice as profitable as S&P 500 stocks, Bank of America analysts say.
Stock Market Today - 5/27: Stocks End Sharply Higher, Post Weekly Gains On 'Fed Pause' Bets
U.S. stocks posted strong weekly gains as slowing inflation data encouraged investors to bet on a pause in the Fed's rate hike strategy later this year.
Stocks Edge Higher, Costco, Gap, Dell and Marvell In Focus - Five Things You Must Know
Stock futures higher as Fed 'pause' hint boosts sentiment; Costco slips after Q1 earnings beat as margins narrow; Gap tumbles after wider Q1 loss, grim full-year outlook; Dell surges as Q1 earning impress after VMware deal and Marvell jumps as data center chip demand boosts earnings, outlook
Nvidia and AMD Among Bank of America Favorite Chip Stocks
The PHLX Semiconductor Sector index has slid 25% so far this year. What can reverse the trend?
Cramer's Mad Money Recap 5/16: McDonald's, JetBlue, Twitter
Jim Cramer says this market deserves to be hated. Get used to the pain.
Breaking News
Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests
Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.
Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat
"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.
Playtika Stock Surges On Report of Joffre Capital Interest in Online Casino Gaming Group
Axios reported late Monday that tech buyout group Joffre Capital is seeking a majority stake in the online casino video game group.
Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots
"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.