MRVL Jun 2023 52.500 call
| Previous Close | 1.69 |
| Open | 7.10 |
| Bid | 13.15 |
| Ask | 13.70 |
| Strike | 52.50 |
| Expire Date | 2023-06-16 |
| Day's Range | 7.10 - 13.00 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 5.85k |
Simply Wall St.The 41% return this week takes Marvell Technology's (NASDAQ:MRVL) shareholders five-year gains to 208%
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far...
Yahoo FinanceJobs report, AI hype in focus after debt ceiling deal: What to know this week
Investors will have eyes on Friday's jobs report and what's next in the artificial intelligence led rally in stocks.
Yahoo Finance VideoAI: Marvell Technology stock soars on tech growth trends
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.
Motley FoolWhy Marvell Technology Stock Soared 29% Friday
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.
BloombergThere's a New King in Chip ETFs After Record $805 Million Inflow
(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 BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap DealBiden, McCarthy Forge Debt Deal in Bid
Motley FoolWhy TSMC, Texas Instruments, and Qualcomm Stocks Popped
This may feel like irrational exuberance, but Texas Instruments, Taiwan Semiconductor, and Qualcomm each have roles to play in AI.
BloombergMarvell Jumps the Most in Two Decades on AI Sales Growth
(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 BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap DealBiden,
- Baystreet
TSX Hopes to Break out of Slump Friday
Canada's main stock index opened higher on Friday after three straight sessions of losses, as commodity ...
ReutersMarvell's shares get AI boost a day after Nvidia's surge
The gains were set to add nearly $10 billion to Marvell's market value as investors chase exposure to AI to counter weakness in many technology companies' traditional services and products. "Generative AI is rapidly driving new applications and changing the investment priorities for our cloud customers," said Marvell CEO Matt Murphy on the post-earnings call, referring to one of the company's largest segments. Given the speed at which AI infrastructure is advancing, the technology refresh rate is happening at 18 to 24 months compared to four-plus years in standard infrastructure, he said.
Yahoo Finance VideoMarvell Technology shares soar as company names AI a 'key growth driver'
Yahoo Finance Live discusses a rise in shares of Marvell Technology as the company cites AI as a 'key growth driver'.
ZacksMarvell (MRVL) Q1 Earnings and Revenues Beat Expectations
Marvell's (MRVL) fiscal first-quarter performance reflects solid demand for its chip in the enterprise networking, carrier infrastructure and automotive end markets.
ZacksWall Street Analysts See Marvell (MRVL) as a Buy: Should You Invest?
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?
- Investing.com
Midday movers: Marvell Technology, Ford Motor, Gap and more
Investing.com -- Stocks are surging on Friday as investor optimism rose about lawmakers reaching an agreement on the debt ceiling in the next few days. Here are the market movers for May 26.
Motley FoolThese 2 Nasdaq Stocks Kept the AI Rally Alive Friday
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.
- Thomson Reuters StreetEvents
Q1 2024 Marvell Technology Inc Earnings Call
Q1 2024 Marvell Technology Inc Earnings Call
Yahoo Finance UKTrending tickers: Asos | Rio Tinto | Marvell | Costco
The latest investor updates on stocks that are trending on Friday.
- Investing.com
U.S. stocks are rising as debt ceiling deal comes into focus; Marvell pops
U.S. stocks are rising as investors await the outcome of debt ceiling negotiations. At 10:50 ET (14:50 GMT), the Dow Jones Industrial Average was up 332 points or 1%, while the S&P 500 was up 1.1% and the NASDAQ Composite was up 1.6%. Lawmakers appear close to announcing a framework for an agreement, though the debt ceiling deadline of early June is still looming as Congress takes a break for the Memorial Day weekend.
- Investing.com
Gap, Marvell, Workday rise premarket; Ulta Beauty falls
Investing.com -- Stocks in focus in premarket trade on Friday, May 26th. Please refresh for updates.
- Investing.com
Marvell shares rally on AI commentary; several brokers reiterate Top Idea status
Investing.com - Marvell Technology (NASDAQ:MRVL) shares surged as much as 16% in pre-market Friday after the chipmaker reported better-than-expected first-quarter results and offered encouraging revenue guidance for the current quarter as artificial intelligence (AI) emerges as a key growth driver.
Motley FoolMarvell Technology (MRVL) Q1 2024 Earnings Call Transcript
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.
ZacksNasdaq Gains, Major Indices Still Negative for the Week
We'll likely continue to plod along in-range as the remainder of earnings season plays out.
ZacksMarvell (MRVL) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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.
ZacksMarvell Technology (MRVL) Q1 Earnings and Revenues Top Estimates
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?
- Reuters
UPDATE 2-Chipmaker Marvell Technology beats revenue estimates on AI boom
Marvell Technology Inc on Thursday forecast its artificial intelligence (AI) revenue would double for the year, after the chipmaker surpassed Wall Street targets for first-quarter revenue. Its shares rose 13.5% to $56.15 in extended trading, as Marvell became the second U.S. chipmaker in as many days to hitch its wagon to the boom in AI demand. Larger peer Nvidia on Wednesday announced a second-quarter revenue target more than 50% above market estimates, with plans to boost supply to meet surging demand for its AI chips.
