Marvell Technology's stock surged about 87.5% from May 8 to June 3, fueled by strong financial results and rising AI demand. Representative Maria Elvira Salazar bought $15,001-$50,000 of Marvell shares in April, disclosed in May. The company reported record fiscal 2026 revenue of $8.195 billion, a 42% increase year-over-year, driven by AI data center chip demand. With bullish guidance for fiscal Q1 2027 and Nvidia's CEO calling Marvell a future trillion-dollar company, the stock's upward momentum is expected to continue.
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,...
