This week, investors focus on key inflation data with Thursday's core PCE price index report, the Fed's preferred inflation gauge, expected at 3.3%, influencing rate decisions under new Fed Chair Kevin Warsh. A series of Federal Reserve speeches will further shape market expectations. Earnings from major tech companies like Marvell, Salesforce, Costco, Dell, and Snowflake will provide insights into AI spending and consumer demand. Additionally, Meta's annual meeting and Nvidia's conference appearances will be closely watched for updates on AI investments and capital returns.
This week, investors focus on key economic data including Core PCE inflation and GDP figures, which will influence Federal Reserve rate expectations and Treasury yields. Fed officials' speeches may further sway market views on monetary policy. Earnin...
Phemex has expanded its traditional finance (TradFi) offerings by introducing SPCXUSDT Pre-Market Perpetual Futures, allowing users to trade secondary-market prices linked to SpaceX in a 24/7 USDT-settled environment. This move aims to provide broade...
Nvidia posted an 85% year-over-year revenue increase and raised its full-year 2027 guidance, underscoring its leadership in AI technology development. Despite strong earnings, the stock's price movement suggests investors worry that much of the poten...
Wells Fargo raised its price target for Marvell Technology to $195 from $135, citing AWS Trainium deployment and custom silicon momentum, while Oppenheimer increased its target to $200 from $170 ahead of quarterly results. Both firms highlight Marvel...
Marvell Technology's stock has doubled year-to-date, driven by Nvidia's $2 billion investment and strong future revenue guidance. The company raised its FY2027 revenue forecast to $11 billion, indicating over 30% growth fueled by custom silicon and A...
