Is it safe to buy the Marvell stock price dip or sell the rip?
Marvell stock price plummeted by over 18% on Friday after the semiconductor giant published its earnings report. MRVL plunged to a low of $62.87, its lowest level since June 4,…
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Nukkleus stock soars on Mandragola deal: sell NUKK before it retreats
Nukkleus Inc (NASDAQ: NUKK) soared over 40% this morning after announcing a strategic joint venture with “Mandragola” aimed at modernising aviation infrastructure across Europe and Israel.The deal broadens NUKK’s presence…
Brazil’s Itaú BBA reaffirms buy on Suzano, Klabin; sees upside despite near-term risks
Itaú BBA reiterated its buy recommendations on Brazilian pulp and paper manufacturers Suzano (SUZB3) and Klabin (KLBN11), citing attractive valuations after its estimates update based on the companies’ second-quarter results.According…
Evening digest: markets react to Trump spending cut, Musk SEC showdown, Nvidia slump
Tech and finance headlines shook markets on Friday as Trump sparked controversy by cutting $4.9B in spending without Congress’s approval, while Elon Musk battles the SEC again over Twitter stock…
Super Micro shares slide 5% on internal control weakness disclosure
Super Micro Computer Inc. (NASDAQ: SMCI) saw its shares drop more than 5% on Friday after the artificial intelligence-focused server maker reiterated weaknesses in its internal control over financial reporting.…
JPM says ignore earnings noise and buy Marvell stock like there’s no tomorrow
In a world where investors are used to seeing AI firms report exciting growth in data centre revenue – Marvell Technology Inc (NASDAQ: MRVL) came in shy of expectations on…
Forever 21 plans China comeback with Chengdi, eyes North America relaunch
Fast fashion retailer Forever 21 is preparing another comeback in China, marking its fourth attempt since first entering the market in 2008, with the company also looking for a partner…
Europe markets open: FTSE futures point up, DAX slips as a deluge of inflation data awaits
A tense and divided morning is unfolding across European markets, as a resilient month-long rally runs headlong into its final and most formidable obstacle: a transatlantic deluge of inflation data.…
China ups soybean imports from Argentina, Uruguay as US trade war deepens
China is reshaping global soybean trade flows by turning to Argentina and Uruguay for record shipments, as the trade conflict with the US continues to disrupt agricultural commerce. Chinese importers…
Indian refiners boost US crude purchases as Russian oil pressure rises
India’s refiners are turning to US crude imports at a faster pace as geopolitical pressure intensifies over their reliance on Russian oil. The shift comes after a recent drop in…