- Marvell Technology is scheduled to report its Q2 FY27 earnings on Thursday, August 27.
- Wall Street projects an EPS of $0.93 and revenue of $2.72 billion, reflecting significant year-over-year growth of 39% and 35%, respectively.
- The stock has rallied over 183% year-to-date, driven by AI-driven demand for custom silicon, networking products, and a new AI chip deal with Google.
- Major U.S. stock indices closed higher on August 25, with the Nasdaq Composite rising 0.66 %, the S & P 500 up 0.32 %, and the Dow Jones increasing 0.3 %.
- Robinhood and Bank of Nova Scotia recorded notable gains of 8.17 % and 7.18 %, with turnover reaching 2.7 billion dollars and 390 million dollars respectively.
- Palo Alto Networks and CrowdStrike experienced declines of 3.13 % and 2.78 %, despite strong year-to-date gains of 84.5 % and 58.2 %.
- The S&P 500 and Nasdaq 100 traded higher on August 25, 2026, driven by falling oil prices and easing inflation fears.
- Brent crude dropped 4 % following a U.S. signal to target Iran's economy instead of using military force, helping push the 10-year Treasury yield down by 6.3 bps to 4.641 %.
- Artificial intelligence stocks rebounded ahead of Nvidia's upcoming earnings report scheduled for Wednesday.
- European stocks are expected to open higher on Tuesday as U.S. Treasury yields decline.
- The drop in yields follows reports that the U.S. Treasury may utilize its General Account to fund its bond buyback program.
- Meanwhile, U.S. stock futures rose ahead of key corporate earnings and upcoming economic data releases.
- Robinhood and Coinbase shares surged significantly due to renewed momentum for the U.S. Clarity Act and higher anticipated crypto trading volumes.
- Marvell Technology fell 5.57% while expanding its custom silicon programs tied to Alphabet’s TPU chip.
- Edison International revisited $70 lows after taking responsibility for the Eaton fire and offering over 775 million dollars for recovery programs.
- U.S. stock futures fell on Monday morning as investors assessed rising Treasury yields and escalating U.S.-Iran tensions.
- Brent crude dropped 1.45% to $93.02 per barrel, and WTI crude fell 1.95% to $85.36 per barrel amidst geopolitical updates.
- Treasury yields declined following reports of potential funding strategies for bond buyback operations.
- Marvell Technology and Nvidia are preparing to release their quarterly earnings reports driven by artificial intelligence demand on August 27 and August 26 respectively.
- The options market indicates a significantly larger earnings-related price movement for Marvell at 11.31 % compared to 6.17 % for Nvidia.
- Wall Street estimates Marvell to report an adjusted EPS of $0.93 on $2.72 billion in revenue, while Nvidia is expected to post $2.09 per share on $92.25 billion in revenue.