Market Movers rounded up the best reactions from investors and analysts on Marvell Technology . The chipmaker’s stock hit a new 52-week high Friday. A day earlier, Marvell posted beats on the top and bottom lines in its latest quarterly report. On a conference call with analysts, CEO Matt Murphy said artificial intelligence is a “key growth driver,” and the semiconductor company is now reassessing how it looks at the “tremendous” business potential of AI. Marvell shares gained 32.4% Friday.
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2024
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Snap shares rocket 28% as company reports unexpected profit
Snap shares rocket 28% as company reports unexpected profit
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Berkshire Hathaway to pay $250 million to settle real estate commission lawsuits – Daily News
Berkshire Hathaway to pay $250 million to settle real estate commission lawsuits – Daily News
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U.S. chipmaker Intel was once dominant, now struggles to stay relevant
U.S. chipmaker Intel was once dominant, now struggles to stay relevant
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Here’s why new home sales inch higher despite 7% mortgage rates
Here’s why new home sales inch higher despite 7% mortgage rates
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