marvell

On Thursday, major U.S. indexes brushed off an appeals court decision to uphold Trump tariffs temporarily and closed higher. The Dow Jones Industrial Average climbed 0.3% to 42,215.73, while the S&P 500 and Nasdaq each advanced 0.4% to 5,912.17 and 19,175.87, respectively.These are the top...

On Thursday, major U.S. indices had a mixed performance. The Dow Jones Industrial Average rose by 0.6% to close at 41,335.05, while the S&P 500 remained nearly unchanged at 5,591.96. Meanwhile, the Nasdaq slipped 0.2% to end at 17,516.43. These are the top stocks that gained the attention of...

The S&P 500 index soared past the 5,150-point mark, reclaiming its record-high territory, driven by comments from Fed Chair Jerome Powell hinting at potential interest rate cuts. The tech-heavy Nasdaq 100 also climbed, rising 1.5% for the day to 16,273.38. The S&P 500 ended the session 1.03...

The sky-high valuations of NVIDIA Corp (NASDAQ:NVDA) may give investors pause, but according to a senior analyst, the chipmaker’s stock will continue to soar. What Happened: Despite concerns about Nvidia’s high valuations, Bernstein’s senior analyst Stacy Rasgon told CNBC on...

Specialty-semiconductor stocks, Skyworks Solutions Inc. (NASDAQ:SWKS) and Qorvo, Inc. (NASDAQ:QRVO), have been downgraded by Citi analysts following concerns over increased competition from China. However, the stocks of Nvidia Corporation (NASDAQ:NVDA) and Marvell...

Marvell Technology Group Ltd. (NASDAQ: MRVL) announced a $6 billion acquisition of chip maker Cavium Inc (NASDAQ: CAVM) Monday. Both stocks moved sharply higher. The Analyst Barclays' Blayne Curtis upgraded Marvell from Equal-weight to Overweight and increased the price target for the...

Western Digital Corp (NASDAQ: WDC) issued an unscheduled press release after Monday's market close in which the company updated its fiscal fourth-quarter expectations and reiterated its calendar 2017 earnings per share outlook. Western Digital said it still expects sales in the fourth quarter to be...

Walt Disney Co (NYSE: DIS) is scheduled to release its first-quarter results of fiscal 2017 on Tuesday after the market close. Can the media and entertainment conglomerate rebound in the quarter following the earnings miss in the fourth quarter? Has the struggling ESPN reached an inflection...

Murata Electronics North America (a wholly-owned subsidiary of Murata Manufacturing) recently announced its plans to acquire Peregrine Semiconductor (NASDAQ: PSMI). Shares of Peregrine rose more than 60 percent after the deal was announced. If one analyst's prediction comes true, Peregrine...

Marvell Technology Group (NASDAQ: MRVL) could be on the cusp of a major deal with Apple (NASDAQ: AAPL). Marvell is one of the only (if not the only) manufacturers of PCIe-based solid state drives. One analyst familiar with the matter told Benzinga that this means the firm is all but guaranteed to...