Marvell Stock Forecast: Revenue Hits Record High Yet Shares Drop Over 7% Post-Market, Can MRVL Keep Rising?
TradingKey·- Marvell Technology reported record second-quarter fiscal 2027 revenue of $2.739 billion and an adjusted EPS of $0.94, driven by strong AI data center growth and upwardly revised forecasts. - Despite meeting expectations and raising guidance, the company's shares dropped over 7% post-market due to elevated stock valuations and the timeline for realizing incremental revenue from its Google partnership by fiscal 2029. - Technical analysis indicates that the stock faces clear resistance around the $252 to $260 zone, with potential support levels watched near $222 and $210.Marvell boosts its forecasts, but the stock slides as Wall Street wonders if there's more to the story
MarketWatch·- Marvell Technology raised its annual revenue forecasts to approximately $12 billion for fiscal 2027 and $18 billion for fiscal 2028, driven by robust artificial-intelligence demand and a July quarter revenue of $2.7 billion. - Despite the upgraded guidance and a projected October quarter revenue midpoint of $3.15 billion, Marvell's stock dropped about 7% in after-hours trading. - Analysts questioned the immediate financial upside of the expanded Google partnership, as management clarified that revenue from the agreement through fiscal 2028 is already included in existing targets with major impacts expected in fiscal 2029 and beyond.CMS Energy Corp. Stock Underperforms Thursday When Compared To Competitors
MarketWatch Automated·Coca-Cola Co. Stock Outperforms Competitors Despite Losses On The Day
MarketWatch Automated·- Coca-Cola Co. shares fell 1.13 % to $89.06 on Thursday, marking the stock's third consecutive day of losses despite a positive broader market. - The company closed 3.71 % below its 52-week high of $92.49 reached on August 24th, while outperforming competitors like PepsiCo Inc. which dropped 1.74 %. - Trading volume reached 12.6 M, remaining 5.1 million below its 50-day average volume of 17.7 M.YouTube now lets creators tag Amazon products and earn commissions from purchases
TechCrunch·- YouTube announced that eligible U.S. creators can now natively tag Amazon products in their content to earn commissions from sales. - The integration enables direct product tagging across shorts, long-form videos, and livestreams, replacing traditional description links with curated catalogs and auto-tagging support. - Participants must be enrolled in YouTube Partner and Shopping Affiliate programs and link an active Amazon account to qualify.Google’s AI note-taking app now allows you to interact with books
The Verge·- Google's Gemini Notebook app introduced an "Expert Intelligence" feature that allows users to pull information from purchased books. - The new capability enables users to ask questions, generate plans, infographics, and AI podcasts based on book contents. - Demonstrations showed the tool generating a recipe book from Michael Pollan's Food Rules and applying management knowledge from Kim Scott's work.Google Pay closes the hotel booking while the partner keeps the support desk
Cryptopolitan·- Google launched an AI Mode update in the US allowing users to book hotels directly through Google Pay while partner brands remain the merchant of record for customer service. - The feature partners with 10 major travel brands including Booking.com, Expedia, and Marriott, and includes flight itinerary building alongside global loyalty points and miles pricing tools. - This update expands Google's agentic commerce strategy to travel, aiming to create a seamless transactional experience within search interfaces.Google tells Android app developers to cool it on memory use, or else
The Verge·- Google published a memo announcing new memory-usage restrictions for Play Store apps to address industry-wide hardware constraints and Android memory limits. - Developers who fail to meet these new memory limitations will face enforcement consequences from the company. - These memory limitations were initially introduced with Android 17, appearing first on Pixel devices.What's Going On With Microsoft Stock?
benzinga_article·- Microsoft shares rose 1.05 % to $501.49 following a new artificial intelligence partnership with Saudi Arabia’s HUMAIN and broader software sector strength driven by Salesforce’s strong earnings. - The long-term alliance integrates HUMAIN’s Arabic-language ALLAM models with Microsoft’s Foundry platform and 365 Copilot to expand business artificial intelligence adoption. - Additionally, reports indicate Chinese startup Moonshot is negotiating with major cloud operators, including Microsoft, to feature its Kimi K3 model in exchange for a revenue share.OpenAI, Anthropic, Google, and 100 other companies call for action to defend against rogue AI
TechCrunch·- Over 100 tech companies, including OpenAI, Anthropic, and Google, signed an open letter urging public and private sectors to defend against AI-related cyber threats. - The letter warns that AI-enabled cyber attacks will become more sophisticated, putting critical infrastructure like hospitals and water plants at risk. - Signatories advocate for new cyber defense solutions and collective public-private partnerships to raise security standards.Last-Minute Thought: JPMorgan Sets Expectations on Marvell Stock Ahead of Earnings
Tip Ranks·- Marvell enters its fiscal second-quarter earnings report with lofty expectations after gaining 188% since the start of 2026. - JPMorgan analyst Harlan Sur rates the stock as Overweight with a bullish outlook driven by AI data center growth and cloud partnerships. - Wall Street broadly shares this optimism, holding a Strong Buy consensus rating and an average price target of $295.42.