Barclays has upgraded Marvell Technology to Overweight, highlighting its expanding role in AI data-center infrastructure and a strategic $2 billion investment by NVIDIA. Marvell's Q3 FY2026 data center revenue rose 38% year-over-year, now making up 73% of total revenue, supported by a growing custom AI pipeline and the recent acquisition of Celestial AI. The company also beat earnings estimates with strong fiscal 2026 growth forecasts. Despite insider selling and a high valuation, Barclays and many analysts remain bullish, seeing Marvell as a key player in the multi-year AI infrastructure spending cycle.
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
The Goldman Sachs Future Tech Leaders Equity ETF (GTEK) has delivered a 48.9% return year-to-date, nearly doubling the 25% return of the Vanguard Information Technology ETF (VGT). Unlike VGT, which heavily invests in mega-cap tech giants like Nvidia,...
