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Marvell Technology Data Center Business Triples Over 2 Years As Custom Silicon And Optics Fuel Surge: 'Expect This Momentum To Continue'
Friday, May 30, 2025 - 2:53am | 774Read More...Marvell Technology Inc.‘s (NASDAQ:MRVL) data center revenue tripled over the last two years, hitting a record in the first quarter of the current fiscal year. The company’s management expects the momentum to continue going ahead. What Happened: During the first quarter, the company...
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Nordea, Parisi Gray, Graypoint Load Up On Marvell Technology Shares, IAIM Dilutes 98% In Q4: Here's What MRVL's Technical Analysis Says
Wednesday, January 15, 2025 - 6:36am | 794Read More...Wealth management companies have loaded up on Marvell Technology Inc.’s (NASDAQ:MRVL) shares in the fourth quarter as it achieved a significant milestone with its new chip. Technical analysis of daily moving averages indicates a strong bullish uptrend. What Happened: According to the 13F...
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MRVL Stock Has Gained Over 7% In Last Five Sessions As Marvell Technology's New Chip Boosts AI Server Performance: Here's What Technical Analysis Says
Thursday, January 9, 2025 - 9:07am | 843Read More...Shares of Marvell Technology Inc (NASDAQ:MRVL) have risen by 7.04% over the last five trading sessions as the semiconductor manufacturer said that its XPU chip with a new update accelerates the performance of AI servers. Technical analysis of daily moving averages indicate a strong bullish uptrend...
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What's Going On With Marvell Technology Shares Today?
Friday, March 4, 2022 - 11:24am | 239Read More...Marvell Technology Inc (NASDAQ: MRVL) is trading relatively flat Friday despite reporting better-than-expected financial results. Marvell said fourth-quarter revenue increased 68% year-over-year to $1.343 billion, which beat the $1.32 billion estimate. The company reported...
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UBS Downgrades AK Steel, US Steel To Sell
Friday, April 8, 2016 - 7:53am | 388Read More...Shares of both AK Steel Holding Corporation (NYSE: AKS) and United States Steel Corporation (NYSE: X) have almost doubled year-to-date. UBS’ Matt Murphy downgraded the ratings for both the companies from Neutral to Sell. AK Steel The price target has been raised from $2.00 to $2.50....
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Alcoa Earnings Are Coming Soon...And UBS Is Above Consensus
Wednesday, March 30, 2016 - 11:36am | 273Read More...Alcoa Inc (NYSE: AA) will kick start the first-quarter earnings season by reporting its quarterly numbers on April 11, and UBS's earnings estimate is above the consensus. The lightweight metals maker is expected to earn $0.02 a share on revenue of $5.16 billion, which is lower than $0.28 earnings...
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Upside In Gold Stocks Might Be Limited Without Gold Appreciation
Monday, March 28, 2016 - 5:43pm | 575Read More...UBS feels that an upside in gold stocks might be limited without appreciation in gold prices and downgraded ratings of Goldcorp Inc. (USA) (NYSE: GG), Agnico Eagle Mines Ltd (USA) (NYSE: AEM) and Franco-Nevada Corporation (NYSE: FNV) to Neutral from Buy. Investors wonder whether gold equities...
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Freeport-McMoRan's Risks Aren't Over
Thursday, March 3, 2016 - 12:11pm | 238Read More...UBS' Matt Murphy downgraded the rating for Freeport-McMoRan Inc (NYSE: FCX) from Buy to Neutral, while raising the price target from $6.50 to $9.00. Although Freeport-McMoRan has made some progress in achieving its asset sales target, there are significant risks that the company faces. Freeport-...
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UPDATE: UBS Securities Reiterates On Steel Dynamics On Columbus Potential
Tuesday, July 22, 2014 - 10:04am | 146Read More...In a report published Tuesday, UBS Securities analyst Matt Murphy reiterated a Buy rating on Steel Dynamics (NASDAQ: STLD), and raised the price target from $21.00 to $23.00. In the report, UBS Securities noted, “STLD expects Columbus to generate some $270M in EBITDA in 2015E or ~$90/t, as implied...
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UPDATE: UBS Investment Research Downgrades United States Steel Corporation on Mixed Factors
Tuesday, October 22, 2013 - 9:39am | 162Read More...In a report published Tuesday, UBS Investment Research analyst Matt Murphy downgraded the rating on United States Steel Corporation (NYSE: X) from Buy to Neutral, but raised the price target from $22.00 to $25.00. In the report, UBS Investment Research noted, “As an integrated steel producer, X...
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UPDATE: UBS Investment Research Reiterates on Steel Dynamics on Market Leader Position
Tuesday, October 22, 2013 - 9:36am | 139Read More...In a report published Tuesday, UBS Investment Research analyst Matt Murphy reiterated a Buy rating on Steel Dynamics (NASDAQ: STLD), and raised the price target from $17.00 to $20.00. In the report, UBS Investment Research noted, “STLD has consistently produced industry leading unit free cash...
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UPDATE: UBS Investment Research Downgrades Reliance Steel & Aluminum on Fair Valuation
Tuesday, October 22, 2013 - 9:10am | 161Read More...In a report published Tuesday, UBS Investment Research analyst Matt Murphy downgraded the rating on Reliance Steel & Aluminum (NYSE: RS) from Buy to Neutral, and lowered the price target from $80.00 to $75.00. In the report, UBS Investment Research noted, “RS is a metals service center...
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UPDATE: UBS Investment Research Reiterates on Nucor Corporation on Multiple Positive Factors
Tuesday, October 22, 2013 - 9:08am | 168Read More...In a report published Tuesday, UBS Investment Research analyst Matt Murphy reiterated a Buy rating on Nucor Corporation (NYSE: NUE), and raised the price target from $50.00 to $56.00. In the report, UBS Investment Research noted, “Nucor has a sustained record of high margin and ROE generation,...
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UPDATE: UBS Investment Research Downgrades AK Steel Holding Corporation on Tough Road Ahead
Tuesday, October 22, 2013 - 9:06am | 167Read More...In a report published Tuesday, UBS Investment Research analyst Matt Murphy downgraded the rating on AK Steel Holding Corporation (NYSE: AKS) from Neutral to Sell, but raised the price target from $3.00 to $3.50. In the report, UBS Investment Research noted, “AKS has integrated and mini-mill steel...
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App Store Performance A Pleasant Surprise For Apple (AAPL)
Thursday, December 24, 2009 - 11:00am | 90Read More...Apple (NASDAQ: AAPL) had announced in September that total downloads from the App Store had touched 2 billion. Matt Murphy, partner at Kleiner, Perkins, Caufield & Byers a venture capital firm, said that Apple was not expecting more than 400 million downloads. App Store has been a boon for...
