News

Adobe Inc (NASDAQ:ADBE) shares fell 6.7% on Friday after the software company cut its organic annual recurring revenue growth guidance, announced a surprise CFO departure, and signaled a shift toward freemium AI products that analysts say leaves key monetization questions unanswered. The...

Daniel Durn’s departure leaves the tech platform fielding another executive search as it continues its hunt for a CEO successor to long-time top executive Shantanu Narayen.

Adobe's (ADBE) solid quarterly results were overshadowed by the departure of its finance chief and l

The sticker price on this AI chip leader is high, but the real question is whether you believe the growth that makes it cheaper down the road.

Micron's AI-fueled rise is drawing attention, but Marvell, NVIDIA and Sandisk are emerging as AI infrastructure plays with strong growth outlook

Sharon AI is one of Nvidia’s newest partners, with a deal to expand AI infrastructure in Australia.

Adobe stock extended its declines on Friday as the creative software giant loses another top executive.

Marvell names Dan Durn CFO and reiterates second-quarter outlook.

Rocket Lab, Astera Labs, CoreWeave, Nebius, and Teradyne replace five index constituents in the quarterly rebalance

8am: US stock futures rise Wall Street is heading for a firmer open on Friday, with futures ticking higher as investors weigh President Donald Trump’s sudden shift on Iran and turn attention to a blockbuster market debut. Dow futures are up 0.6%, while those for the S&P 500 and the...

Adobe beat Wall Street estimates and raised its full-year outlook, but investors focused on the departure of finance chief Dan Durn

🔎 SpaceX (SPCX): Elon Musk’s rocket company will make its stock-market debut later today. ↗️ Virgin Galactic (SPCE), AST SpaceMobile (ASTS), Rocket Lab (RKLB): Stocks tied to the space industry are jumping premarket.

Marvell Technology hires Adobe’s finance chief, Geico and Dentsply Sirona name new CFOs and the Los Angeles Lakers promote an insider to the top finance spot.

Marvell stock has skyrocketed this year and is now about to join the S&P 500.

Marvell Technology (NasdaqGS:MRVL) has appointed former Adobe CFO Dan Durn as its new Chief Financial Officer. Durn will succeed Willem Meintjes and is stepping down from Marvell's board to move into the executive role. Marvell focuses on semiconductor solutions for data infrastructure, with exposure to data centers, carrier networks, enterprise hardware, and other high performance computing uses. Investor attention around the company has increased as AI infrastructure build outs have...

Shares of networking chips designer Marvell Technology (NASDAQ: MRVL) jumped 5.9% in the morning session after the company’s upcoming addition to the S&P 500 index fueled investor buying ahead of the event.

Adobe's (ADBE) fiscal second-quarter results surpassed Wall Street's estimates amid strong artificia

While the rest of the market stumbled, one AI infrastructure player got a dose of very real, very good news.

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.75%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +3.29%. June E-mini S&P futures (ESM26 ) rose +1.73%, and June E-mini Nasdaq futures...

Marvell Technology on Thursday named Adobe's Dan Durn as chief financial ‌officer, succeeding Willem Meintjes, who is stepping ‌down after more than three years in the role. Durn ​will take charge at Marvell starting June 15, while Meintjes will remain with the semiconductor company in an advisory role through April 2027 to ‌support the transition. The ⁠appointment comes as Marvell looks to benefit from a surge in spending on ⁠AI-related data center infrastructure, which has boosted demand for advanced networking and custom chip technologies.

MRVL and SNDK are emerging as AI growth plays alongside MU, driven by strong demand, rising revenues and expanding AI infrastructure roles.

Shares of Marvell Technology (NASDAQ:MRVL) are up 8% today, trading at around $273 in midday action on Thursday, June 11. The move extends a remarkable run that has the stock up 57% over the past month heading into its scheduled index debut. The catalyst is well known. S&P Dow Jones Indices confirmed in its June ... Marvell Just Ripped 57% in a Month. Will the June 22 S&P 500 Listing Be a Sell-the-News Event?

Marvell Technology (NASDAQ:MRVL) and Micron Technology (NASDAQ:MU) both just delivered AI-fueled earnings reports, yet they sit on opposite sides of the data center stack. Marvell sells the custom silicon and optics that stitch AI clusters together. Micron sells the memory those clusters cannot run without. Their latest results show how AI spending is rewarding very ... Marvell vs. Micron: One Stands to Gain More From AI Demand

CRDO's rapid growth faces customer concentration risks, but diversification into Neo clouds and broader clients could gradually rebalance its revenue mix.

Adobe earnings are on deck, but ongoing concerns about artificial intelligence’s impact on the business might continue to overshadow any positive financial results from the enterprise software company. Adobe is scheduled to report fiscal second-quarter financials after the stock market closes on Thursday. During this earnings season, Wall Street has had little patience for tech companies that report results that are just in line with analyst estimates after stocks and valuations have soared.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.20%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.53%. June E-mini S&P futures (ESM26 ) are up +0.29%, and June E-mini Nasdaq futures...

As management pivots hard to a massive new market, they've stopped detailing the multi-billion-dollar hole left by China, a quiet shift investors can't afford to ignore as growth slows.

Investors looking to add one of these AI stocks to their portfolios right now have an easy choice to make.

Retail investors are clearing the decks ahead of the SpaceX IPO. For two straight days this week, ordinary investors dumped their single-stock holdings on a net basis, according to Vanda Research. The moves suggests that mom-and-pop investors are amassing dry powder ahead of SpaceX's anticipated public debut tomorrow.

Wall Street looked set to rebound strongly on Thursday, before Donald Trump published a warning that the US will conduct strikes on Iran "very hard tonight". He added in a social media post that Washington "will be taking Kharg Island" and other oil infrastructure sites to "assume total...