Marvell Technology Stock Discussion

Fed Chair Powell expressed optimism about the U.S. economy, driving all three major stock indexes to new highs, with tech stocks leading the charge. Chipmakers outperformed, with $NVIDIA (NVDA.US)$gaining 3.5%. Beneficiaries of the AI boom, $Marvell Technology (MRVL.US)$ and $Salesforce (CRM.US)$ , soared 23% and 11%, respectively, after strong earnings. Meanwhile, Chinese ADRs briefly fell 2%, but South Korea ETFs, French equities, and French bonds posted gains in the U.S.
Weak U.S....

News Highlights
1. $Marvell Technology (MRVL.US)$ stock surged 23% in Wednesday's trading, with the most traded calls are contracts of $120 strike price that expire on Dec. 6. The total volume reaches 41,211 with the open interest of 4,387.
Marvell Technology's stock rise topped all Nasdaq 100 gainers Wednesday after the chipmaker posted a current-quarterly forecast that significantly exceeded Wall Street expectations.
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$MRVL 241213 115.00C$ look like its gonna dump 🥲any guesses 😂

Three record-setting indexes closed Wednesday at record highs after hitting trading highs in the last ten minutes of the session.
Just past 4 pm ET the     $S&P 500 Index (.SPX.US)$ traded +0.61%, the         $Dow Jones Industrial Average (.DJI.US)$ climbed 0.69%, and the     $Nasdaq Composite Index (.IXIC.US)$ climbed 1.30%.
MACRO
Federal Reserve Chair Jerome Powell said the economy looks better now than when the central bank began ...

$Marvell Technology (MRVL.US)$ damn this thing blew up today

$Marvell Technology (MRVL.US)$ 120

$Marvell Technology (MRVL.US)$ 125

$Marvell Technology (MRVL.US)$
Oh Fuck