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Direxion Daily Semiconductor Bull 3x Shares ETF Newsroom
Andrew Left's Citron Research Says Nvidia-Backed Nebius Is The Next 'AI Wall Street Darling' — Stock Moves Up 14%
Fed's Kugler Says Immigration, Productivity Gains Have Strengthened Economy
AI demand is strong, and chip company Marvell's sales surged by 19% month-on-month, greatly exceeding expectations.
Strong AI demand, Marvell's performance in the third quarter and outlook for the fourth quarter both exceeded expectations. On December 3, Eastern Time, chip company Marvell Technology (MRVL) announced its third-quarter financial report showing that the company's third-quarter sales increased by 19% month-on-month, reaching 1.52 billion USD, exceeding Wall Street's forecast of 1.46 billion USD; eps was 43 cents, higher than the expected 41 cents. Marvell also predicts that fourth-quarter revenue will reach about 1.8 billion USD, exceeding the expected 1.65 billion USD, with an expected eps of 59 cents.
Will 2025 no longer be the era of the magnificent 7? Bank of America is bullish on this type of stocks...
①The chief strategist of Bank of America predicts that cyclical stocks (such as csi commodity equity index, construction, and infrastructure) will rise strongly, as investors will flow into the "old economy" sector; ②She believes that the USA economy is ready for a new spending cycle, and expects the s&p 500 index to rise to 6666 points next year.
nvidia is no longer the exclusive darling of AI? apple endorses amazon: considering using its chips to train models
①Apple is leveraging custom AI chips from AWS to enhance its search and other services, and evaluating the feasibility of using the latest AI chips for pre-training the 'Apple Asia vets' model; ②Apple revealed at the AWS Reinvent conference that it uses Amazon's proprietary chips, and stated that its infrastructure is reliable and stable, meeting the needs of global customers.
South Korean Markets Plunge Amid Political Turmoil As President Yoon's Martial Law U-Turn Sparks Uncertainty: Samsung, SK Hynix, And Hyundai Stocks Tumble
Marvell Technology, Inc. (MRVL) Q3 2025 Earnings Call Transcript Summary
Options Market Statistics: BofA Warns of Intel Split After CEO Resignation; Options Pop
Intel is seeking an external "parachute" CEO.
According to reports, intel is looking for a new CEO, focusing on external candidates, and has hired the executive headhunting company Spencer Stuart to assist in finding new leadership.
Vanguard warns: The AI boom on Wall Street is facing a pullback.
Vanguard economist Joe Davis stated that the market has overestimated the short-term potential of AI technology, with current valuation levels approaching those of 1997, increasing the risk of a stock price "pullback". It is difficult to determine the timing of the pullback, and it is unknown whether it will start in 2025.
The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.
U.S. stocks closed: The S&P reached a historic high for the 55th time this year, while the index of Chinese concept stocks had four consecutive days of gains.
① The S&P and Nasdaq hit new highs, but the momentum is weak; ② A "nightmare" occurred with the south korea etf; ③ Tesla's "bullish investors" announced they will no longer go ALL-IN; ④ Apple is assessing the use of amazon chips to train AI models.
Marvell Pops as AI Helps Spur Strong Q3 Results, Guidance
Fresh Closing Highs from S&P 500 and Nasdaq | Wall Street Today
Marvell Technology Sees Q4 EPS $0.59 +/- $0.05 Vs $0.52 Est.; Revenue $1.80B +/- 5% Vs $1.65B Est.
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Marvell Stock Builds Momentum Ahead Of Q3 Earnings
Intel Shares Are Trading Lower. The Stock Has Been Volatile After the Company on Monday Announced the Retirement of CEO Pat Gelsinger.