Marvell Technology is a leading candidate for inclusion in the S&P 500 index, following a significant surge in its market capitalization to about $264 billion. This makes it far larger than the next eligible contender, Bloom Energy, valued at around $82 billion. The S&P 500 committee is expected to announce changes soon, and Marvell's size and eligibility make it highly likely to be added this time. Inclusion in the index could boost Marvell's visibility and investor interest.
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,...
