Marvell Technology recently reported its Q1 FY27 earnings and raised its outlook for FY27 and FY28, signaling strong growth ahead. Analysts highlight FY27 as a key year for interconnect growth and FY28 for ASIC expansion, with potential for further upward revisions. The company also addressed concerns about capital expenditure growth, expecting it to moderate while increasing revenue share. This positive outlook has led experts to view Marvell as a potential trillion-dollar company in the future.
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,...
