US stock futures wavered as investors watched for updates on negotiations between the US and Iran.
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Yahoo Finance's Josh Lipton takes a look at the top stories for investors to watch on Wednesday, May 27, including quarterly earnings from Salesforce (CRM), Marvell (MRVL), Synopsys (SNPS), Snowflake (SNOW), and HP Inc (HPQ).
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.61%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.76%. June E-mini S&P futures (ESM26 ) rose +0.61%, and June E-mini Nasdaq futures...
Marvell Technology (MRVL) is scheduled to report Q1 results after-market hours on Wednesday, May 27, and expectations are running high following several quarters of explosive AI-driven growth.
Despite triple-digit gains in 2026, Marvell continues to post strong revenue growth fueled by booming data center demand.
Marvell Technology (NASDAQ:MRVL) designs custom silicon and networking chips for hyperscaler data centers. The portfolio spans custom AI XPUs, electro-optics, PAM DSPs, and DCI modules, and the company pays a small $0.06 quarterly dividend, an oddity for a stock acting like pure AI growth. CEO Matt Murphy has spent the past year telling investors that ... This Dividend-Paying Chip Stock Just Doubled and Analysts Say It’s Still 50% Undervalued
Micron and Marvell led tech and AI stocks higher Tuesday to start the holiday-shortened trading week, with Wall Street analysts suggesting there could be more gains ahead.
Shares rose after HSBC pointed to strength in AI networking demand.
Multiple analysts have raised their price target on Marvell Technology ahead of its first-quarter earnings.
Marvell Heads Into Earnings With AI Demand Still Red Hot
It's good news all around for Marvell stock on Tuesday.
Shares of Marvell Technology (NASDAQ:MRVL) surged 7% on Tuesday after several Wall Street firms raised their price targets ahead of the company’s earnings release scheduled for Wednesday. HSBC issues Street-high target on AI infrastructure optimismHSBC upgraded Marvell to Buy and increased its price target to $300 from $85, establishing the highest target currently on Wall Street.
U. S. semiconductor stocks moved broadly higher in premarket trading on Tuesday, with memory chipmakers and AI infrastructure companies leading gains as market sentiment improved following signs of progress in negotiations between the United States and Iran.
Investing.com -- Marvell Technology Inc. (NASDAQ:MRVL) shares rose 5.8% Tuesday morning following bullish analyst comments and a Street-high price target ahead of the company’s earnings report scheduled for Wednesday.
US stocks are set to open higher after Monday’s Memorial Day holiday, catching up with strong gains elsewhere as investors tentatively welcome signs of progress towards a ceasefire deal between the US, Israel and Iran. Nasdaq futures were the strongest, up 1%, while gains for the Dow Jones...
↘️ Ferrari (IT:RACE), (RACE): Europe’s most valuable automaker unveiled its first-ever electric vehicle Sunday, priced at $640,000 and designed in partnership with Apple alumnus Jony Ive. The company’s Milan-listed shares slumped.