-
Costco, Dell, Marvell Technology, Ulta Beauty, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Thursday, May 29, 2025 - 9:48pm | 829On 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...
-
Lululemon, Dollar General, Dell, Marvell Technology, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Thursday, August 29, 2024 - 11:46pm | 567On 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...
-
Broadcom, Marvell Technology, Costco, MongoDB, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Friday, March 8, 2024 - 12:22am | 718The 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...
-
Nvidia Is Cheapest Route To Invest In AI, Says Bernstein Analyst, After Stock Triples In A Year
Thursday, January 18, 2024 - 2:22am | 667The 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...
-
Nvidia And Marvell Are Strong But These Two Chip Stocks Should Be Sold: Citi
Wednesday, October 11, 2023 - 5:15am | 582Specialty-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...
-
Barclays: Marvell's Cavium Purchase Is The Right Deal At The Right Time
Tuesday, November 21, 2017 - 6:06pm | 322Marvell 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...
-
On Western Digital's Updated Guidance, B. Riley Still Prefers Marvell
Tuesday, June 27, 2017 - 8:52am | 403Western 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...
-
Disney's Q1: A Box Office Hit Or A Damp Squib?
Tuesday, February 7, 2017 - 2:59pm | 738Walt 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...
-
Morgan Stanley Upgrades Marvell, Notes Better Risk-Reward
Tuesday, May 26, 2015 - 8:19am | 347In a report published Tuesday, Morgan Stanley analysts upgraded their rating on Marvell Technology Group Ltd. (NASDAQ: MRVL) from Equal-weight to Overweight. The price target was raised from $15.00 to $17.50. The analysts believe that the stock's risk/reward profile has become more positive...
-
6 Companies That Could Buy Peregrine Before The Murata Deal Is Complete
Friday, August 29, 2014 - 11:35am | 592Murata 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 Could Score Major Apple Contract
Tuesday, June 11, 2013 - 2:46pm | 448Marvell 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...
-
Citigroup Lowers Marvell Estimates; PT Remains Unchanged
Friday, November 19, 2010 - 10:22am | 107Marvell Technology Group (NASDAQ: MRVL) reported 3Q11 (Oct) results consistent with Citigroup's previewed expectations: revenues slightly ahead of consensus led by better than expected HDD sales and hampered by weaker networking sales. “However, while we had expected guidance would reflect...
-
FBR Capital Maintains Marvell Rating, Estimates
Friday, November 19, 2010 - 9:25am | 125Marvell Technology Group (NASDAQ: MRVL) reported 3Q results that were largely as expected and guided 4Q revenues a bit weaker than the Street expected (but in line with FBR Capital Market's preview), as mobile and networking chip shipments realign closer to end consumption rates. “3Q revenues of $...
-
Marvell Well Positioned With Multiple Growth Drivers, Jefferies Reports
Friday, November 19, 2010 - 8:45am | 110Jefferies & Company said that it believes Marvell (NASDAQ: MRVL) is well positioned with multiple growth drivers for 2011 to include (1) the ramp of Seagate and Hitachi HDD design wins, (2) share gains at RIM and potentially Samsung and LG, and (3) connectivity and app processor wins in gaming...
-
Deutsche Bank's Semiconductor Devices Summary
Friday, October 8, 2010 - 8:47am | 166Deutsche Bank has published a research report for the Semiconductor Services segment. In the report, Deutsche Bank writes "Following many negative pre's, this earnings season will be all about guidance. We expect 4Q guidance to be below seasonal as macro softness and inventory adjustments impact...