|Bid||0.00 x 1000|
|Ask||0.00 x 1300|
|Day's range||58.33 - 63.10|
|52-week range||33.75 - 67.99|
|Beta (5Y monthly)||1.43|
|PE ratio (TTM)||N/A|
|Earnings date||23 Aug 2023 - 28 Aug 2023|
|Forward dividend & yield||0.24 (0.37%)|
|Ex-dividend date||05 Apr 2023|
|1y target est||65.50|
C3.ai posted better than expected fourth quarter earnings on Wednesday, but shares of the company fell more than 12% in after hours trading.
The Spear Alpha ETF (SPRX) topped the list of the best-performing U.S. equity ETFs in May, gaining 28.3%. The rally was driven by the hype surrounding artificial intelligence (AI) and investors' flight to mega-cap tech stocks.
With the Nasdaq now up more than 2.5% in the last five days, Wood argues there are going to be other winners in the AI space outside of Nvidia.
AI hype is in full bloom in the US stock market. And the biggest names in the market are doing the heavy lifting pushing stocks higher.
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far...
Investors will have eyes on Friday's jobs report and what's next in the artificial intelligence led rally in stocks.
The Yahoo Finance Live team checks out chip stocks, including Marvell Technology and Nvidia stock movements amid both companies reporting strong earnings driven by AI.
Following in the footsteps of Nvidia (NASDAQ: NVDA), which soared yesterday, Marvell Technology (NASDAQ: MRVL) is off to the races Friday afternoon -- up 28.6% through 1:05 p.m. ET. Actually, that's an even better performance than the 24.4% gain that Nvidia shareholders enjoyed yesterday! In fact, Marvell earned $0.31 per share, and sales were $1.32 billion.
(Bloomberg) -- With the artificial-intelligence hype sweeping across Wall Street, a massive inflow turned a popular ETF tracking chipmakers into the largest of its category.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapDebt-Limit Deal Wins House Passage, Easing US Default ConcernsHedge Funds Are Deploying ChatGPT to Handle All the Grunt WorkElon Musk Again World’s Richest Person as Arnault’s LVMH Sin
This may feel like irrational exuberance, but Texas Instruments, Taiwan Semiconductor, and Qualcomm each have roles to play in AI.
(Bloomberg) -- Marvell Technology Inc. surged as much as 28% — the biggest intraday increase since October 2001 — after the chipmaker said it expects revenue from artificial intelligence to soar this year.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapDebt-Limit Deal Wins House Passage, Easing US Default ConcernsHedge Funds Are Deploying ChatGPT to Handle All the Grunt WorkElon Musk Again World’s Rich
Yahoo Finance Live discusses a rise in shares of Marvell Technology as the company cites AI as a 'key growth driver'.
Marvell's (MRVL) fiscal first-quarter performance reflects solid demand for its chip in the enterprise networking, carrier infrastructure and automotive end markets.
According to the average brokerage recommendation (ABR), one should invest in Marvell (MRVL). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
After a big jump on Thursday, the Nasdaq Composite (NASDAQINDEX: ^IXIC) appeared likely to rise again Friday morning, with index futures rising nearly half a percent in premarket trading. Indeed, a pair of Nasdaq-listed artificial intelligence (AI) stocks played an instrumental role in keeping the rally going. Both Marvell Technology (NASDAQ: MRVL) and Workday (NASDAQ: WDAY) posted solid gains after releasing their latest financial results, and both companies mentioned artificial intelligence as a key driver in their future prospects.
The latest investor updates on stocks that are trending on Friday.
Joining me today are Matt Murphy, Marvell's president and CEO; and Willem Meintjes, our CFO. Rather than dual-socket servers as the core element in the rack, the primary building block in AI is a system containing multiple accelerators, such as GPUs.
We'll likely continue to plod along in-range as the remainder of earnings season plays out.
Although the revenue and EPS for Marvell (MRVL) give a sense of how its business performed in the quarter ended April 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Marvell (MRVL) delivered earnings and revenue surprises of 6.90% and 1.60%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?
Marvell's (MRVL) Q1 performance is likely to have been negatively impacted by softness in its product demand as OEMs are rescheduling orders to manage excess chip inventories.
In the latest trading session, Marvell Technology (MRVL) closed at $45.46, marking a +1.61% move from the previous day.
Marvell Technology (MRVL) closed at $41.03 in the latest trading session, marking a +0.15% move from the prior day.
These top dividend stocks are attractive at these levels and lower, and they add excellent diversity to a long-term investing portfolio.