BNB$715.66+0.55%BRENT$106.9-0.68%BTC$77,115+0.19%COPPER$6.47+0.02%DJI$52,064-0.60%DOGE$0.0839+0.34%DXY99.08+0.03%ETH$2,458+0.33%GOLD$4,338+0.47%NDX$29,104-1.08%SILVER$63.74+0.31%SOL$99.61+0.19%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+8.38%BNB$715.66+0.55%BRENT$106.9-0.68%BTC$77,115+0.19%COPPER$6.47+0.02%DJI$52,064-0.60%DOGE$0.0839+0.34%DXY99.08+0.03%ETH$2,458+0.33%GOLD$4,338+0.47%NDX$29,104-1.08%SILVER$63.74+0.31%SOL$99.61+0.19%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+8.38%
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·Confidence 90%

Marvell Technology Shares Drop 10% on Weak Fiscal Guidance

MRVL ↓ Strong

Key takeaways

  • MRVL: MRVL — Strong bearish
  • Marvell Technology's stock fell 10% following its fiscal Q2 results, as investors reacted to weaker fiscal 2028 guidance and uncertainty around a Google deal.

Analysis

Marvell Technology's stock fell 10% following its fiscal Q2 results, as investors reacted to weaker fiscal 2028 guidance and uncertainty around a Google deal.

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