About Marvell Technology, Inc. - Common Stock (MRVL)
Marvell Technology Inc is a global semiconductor company that specializes in designing and manufacturing innovative solutions for data infrastructure. The company focuses on providing a wide range of products, including integrated circuits and system-on-chip solutions, that cater to applications in networking, storage, and processing. Marvell's technology enables efficient data transmission and storage, supporting various industries such as telecommunications, computing, and automotive. By leveraging advanced technologies, Marvell aims to drive the performance and efficiency of data centers and enterprise networks, while also contributing to the evolution of connected devices and smart technologies. Read More
Shares of networking chips designer Marvell Technology (NASDAQ: MRVL)
fell 6.3% in the afternoon session after the company reported underwhelming first quarter 2025 results: sales and earnings were roughly in line. Free cash flow margin also shrank, and full-year EPS guidance was mostly in line. Overall, this was a mixed quarter.
On Thursday, major U.S. indexes brushed off an appeals court decision to uphold Trump tariffs temporarily and closed higher. The Dow Jones Industrial Average climbed 0.3% to 42,215.73.
Networking chips designer Marvell Technology (NASDAQ: MRVL) announced better-than-expected revenue in Q1 CY2025, with sales up 63.3% year on year to $1.90 billion. Guidance for next quarter’s revenue was better than expected at $2 billion at the midpoint, 1% above analysts’ estimates. Its non-GAAP profit of $0.62 per share was in line with analysts’ consensus estimates.
U.S. stock futures are rallying Wednesday evening after a Federal Court ruled that President Donald Trump overstepped his authority with the "Liberation Day" tariffs imposed at the beginning of April.
Markets have recovered lately, but three high-profile names that once saw explosive returns are still down over 50%. Could their day in the sun be on its way?
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +2.0%, S&P 500 +2.0%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand.
Great things are happening to the stocks in this article.
They’re all outperforming the market over the last month because of positive catalysts such as a new product line, constructive news flow, or even a loyal Reddit fanbase.
