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Shares fell almost 6% in after-hours trading for semiconductor company Marvell Technology after the its second-quarter earnings met analyst projections—but didn’t blow them out of the water. Stripping out certain one-time items, adjusted earnings were 94 cents a share, narrowly beating the 93 cents expected by analysts polled by FactSet.
Nvidia broke out on earnings but didn't have coattails. Meanwhile several software stocks flashed buy signals on a trio of earnings. Fed chief Kevin Warsh's big speech looms.
The company now expects to bring in more revenue this fiscal year and next than it previously forecast.
Marvell Technology edged above expectations for its fiscal second quarter and guided higher than views for fiscal Q3. But Marvell stock fell.
The chipmaker's data center revenue climbed 46% year over year in the second quarter, and it now expects $3.15 billion in Q3 sales
Options traders are betting Marvell could blow past expectations
Marvell Options Traders Bet on Big Earnings Shock as $300 Calls Surge
Marvell Technology, Inc. (NASDAQ:MRVL) reports second-quarter earnings after the bell Thursday, one day after Nvidia Corp. (NASDAQ:NVDA) reported strong results. Polymarket traders put the chance of adjusted earnings topping $0.93 per share at 83%. On Kalshi, traders are betting on...
Yahoo Finance's Josh Lipton takes a closer look at the top stories for investors to watch on Thursday, Aug. 26, including quarterly earnings results from Marvell (MRVL), Dollar General (DG), and Dollar Tree (DLTR). Meanwhile, the 2026 Jackson Hole Economic Policy Symposium kicks off, setting the stage for Federal Reserve Chair Kevin Warsh's upcoming Friday remarks.
The artificial-intelligence trade roared back to life on Thursday after Nvidia's medium-term guidance signaled that demand for chips should remain robust next year. Shares of Marvell Technology jumped 4% in premarket trading.
Nasdaq 100 and S&P 500 futures jumped Thursday as AI-tied shares surged following a blowout earnings report from chipmaking giant Nvidia.
Today Fed Jackson Hole conference: The central bank’s annual Wyoming conference runs through Saturday. It will be closely watched for hints on Fed Chairman Kevin Warsh’s economic outlook. Earnings (a.
The bigger story may be what comes after Thursday
Marvell is set to report its Q2 earnings on Aug. 27, and Barchart data is constructive heading into the company’s quarterly release.
Stock futures were heading for a negative open early Wednesday ahead of crunch earnings from chip maker Nvidia that will give a steer on artificial intelligence spending—a major headache for markets. Nvidia will report after trading closes today.
Wall Street is eagerly anticipating Nvidia Corp.'s earnings on Wednesday afternoon, not so much for what the numbers will say about the chip giant, but for what they mean to artificial intelligence investors and the market itself.
August is winding down, but there's still a lot left for markets to digest. Nvidia reports earnings after the bell today, following the latest inflation data this morning. Then, Kevin Warsh’s first major policy speech as Federal Reserve chairman follows on Friday.
Marvell AI Opportunity Gains Steam as Susquehanna Lifts Target to $265
U.S. aims to defeat Iran with more sanctions, how auto makers lose from new tariffs, ETF closures have nearly doubled this year, and more news to start your day.
Options traders are pricing in a double-digit move.
Wall Street expects Marvell to report adjusted earnings of $0.93 per share on revenue of $2.7 billion for the second quarter.
Tech stocks reversed Monday's losses, buoyed by falling oil prices and Treasury yields.
U.S. aims to defeat Iran with more sanctions, how auto makers lose from new tariffs, ETF closures have nearly doubled this year, and more news to start your day.
The second quarter earnings season is nearly complete, with Nvidia’s (NVDA) Q2 results on Wednesday serving as a keystone to a remarkably strong stretch of corporate reports.
All five of these companies are earnings all-stars. Will they beat again?
Technology stocks tumbled again on Monday because Wall Street is worried about artificial intelligence shares ahead of another key earnings test. The Nasdaq Composite fell 0.8%. The Dow, which lacks the exposure to AI that the Nasdaq and S&P have, managed to claw its way higher despite the latest escalations between the U.S. and Canada on trade.
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