Marvell Technology (NasdaqGS:MRVL) has appointed former Adobe CFO Dan Durn as its new Chief Financial Officer. Durn will succeed Willem Meintjes and is stepping down from Marvell's board to move into the executive role. Marvell focuses on semiconductor solutions for data infrastructure, with exposure to data centers, carrier networks, enterprise hardware, and other high performance computing uses. Investor attention around the company has increased as AI infrastructure build outs have...
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The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.75%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +3.29%. June E-mini S&P futures (ESM26 ) rose +1.73%, and June E-mini Nasdaq futures...
US equity indexes were higher on Wednesday after core producer price inflation grew less than foreca
Marvell Technology on Thursday named Adobe's Dan Durn as chief financial officer, succeeding Willem Meintjes, who is stepping down after more than three years in the role. Durn will take charge at Marvell starting June 15, while Meintjes will remain with the semiconductor company in an advisory role through April 2027 to support the transition. The appointment comes as Marvell looks to benefit from a surge in spending on AI-related data center infrastructure, which has boosted demand for advanced networking and custom chip technologies.
Tech stocks were higher Thursday afternoon, with the State Street Technology Select Sector SPDR ETF
The S&P 500 Index ($SPX ) (SPY ) today is up +0.03%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.37%. June E-mini S&P futures (ESM26 ) are up +0.03%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.20%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.53%. June E-mini S&P futures (ESM26 ) are up +0.29%, and June E-mini Nasdaq futures...
Applied Materials, Inc. (NASDAQ:AMAT) is one of the 10 Best High-Bandwidth Memory (HBM4) Value Chain Stocks to Buy According to Hedge Funds. On June 4, Evercore ISI analyst Mark Lipacis reiterated a Buy rating on Applied Materials Inc. (NASDAQ:AMAT) and also assigned a target price of $515 to the stock. In addition to Evercore, two […]
Guinness Global Innovators, an investment management company, recently released its Q1 2026 quarterly investor update for its “Guinness Global Innovators Fund”. A copy of the letter is available to download here. The Guinness Global Innovators Fund focuses on investing in global companies that benefit from innovation in technology, communication, globalization, and management strategies. In Q1 […]
Wall Street looked set to rebound strongly on Thursday, before Donald Trump published a warning that the US will conduct strikes on Iran "very hard tonight". He added in a social media post that Washington "will be taking Kharg Island" and other oil infrastructure sites to "assume total...
7.59am: Wizz profits collapse Wizz Air has reported a total collapse in profits after aircraft groundings, higher costs and disruption in the Middle East offset record passenger growth. Net profit slumped to just €1.3 million in the year to 31 March from €213.9 million in the previous...
Capital continued to flow toward companies with visible execution and growth opportunities.
Shares are mostly lower in Asia following another sell-off of artificial-intelligence stocks that dragged the U.S. market sharply lower. U.S. futures advanced and oil prices gained more than $1 a barrel.
Investing.com -- As the semiconductor sector navigates a massive market rally, Wall Street is increasingly looking to separate the core secular winners from short-term cyclical plays. In a fresh assessment of the industry, Citigroup analyst Atif Malik reiterated that a recent pullback in the broader semiconductor group is entirely healthy. To capitalize on this temporary pause, Malik maintained Broadcom Inc (NASDAQ:AVGO), Texas Instruments Incorporated (NASDAQ:TXN), and Applied Materials Inc (NA
Investors question pricing power, tool adoption, and capacity growth despite ASML's central role in advanced chipmaking.
The VanEck Semiconductor ETF (NASDAQ:SMH) and the iShares Semiconductor ETF (NASDAQ:SOXX) appear to be substitutes on a fund screener. Both promise pure-play chip exposure, both charge roughly the same fee, and both ride the same AI cycle. The reason the choice still matters is that their indexes draw different lines around what counts as a ... SMH vs. SOXX: Which Semiconductor ETF Is the Smarter Chip Bet?
Semiconductor equipment stocks marched higher amid continued strong demand for new chip gear amid the AI boom.
Investing.com -- Barclays lifted its wafer fabrication equipment estimates and raised price targets on Applied Materials, KLA Corporation, and Lam Research in a note on Monday.
Applied Materials said that the Tampines Campus in Singapore, already operating at volume production, is designed to serve chipmakers that are expanding production to meet AI-driven demand.
In recent days, Applied Materials reported record quarterly revenue and its highest gross margin in more than two decades, raised its semiconductor equipment growth outlook to above 30% for 2026, and continued expanding in Singapore with a new Tampines Campus and plans to increase its Southeast Asia workforce by about 1,000 employees. The company also reinforced its capital returns with a US$0.53 quarterly dividend and nine consecutive years of dividend increases, while deepening its role in...
Shares of the blue-chip companies surged to fresh highs amid analyst optimism, dividend announcement, and positive company outlook.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.93%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.89%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.17%. June E-mini S&P futures (ESM26 ) are up +0.76%, and June E-mini Nasdaq futures...
Applied Materials, Inc. (NASDAQ:AMAT) is one of the 10 Best AI Stocks to Buy in June. On June 3, Nikkei Asia reported that Applied Materials is targeting a 25% expansion of its Southeast Asia workforce this year, noting the region’s increasingly vital role in its manufacturing and research and development operations. The company is seeking […]
Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.