Earnings Preview: MRVL to Report Financial Results Post-market on December 03
$Marvell Technology(MRVL.US)$ is scheduled to release its financial results post-market on December 03 ET. Earnings PreviewAnalysts estimate $Marvell Technology(MRVL.US)$ to post revenue of USD1.46B
U.S. stock market closes | All three major indexes fall, Dell plummets over 12% after earnings; Chinese concept stocks warm up, Jinlong Index rises by nearly 3%; bitcoin rebounds sharply, microstrategy rises by nearly 10%.
The Dow ended a five-day rally, falling from record highs along with the S&P; small cap stocks struggled to rebound. Dell and hp inc plummeted over 10% after earnings reports. Chinese concept stocks rebounded by nearly 3%, while Ideal autos surged almost 7%.
Today's Analyst Rating | Amgen Price Target Raised to $305 by Deutsche Bank, Applovin Price Target Raised to $400 by Jefferies
Nov 27, Wall Street analysts have updated their stock ratings today including $Amgen(AMGN.US)$ and $Applovin(APP.US)$.
Wells Fargo & Co raised the target price for Marvell Technology to $110.
Wells Fargo & Co: raised the target price for Marvell Technology from $90 to $110, maintaining a "shareholding" rating. (Gelonghui)
Express News | Marvell Technology Inc : Jefferies Raises Target Price to $110 From $90
"Trump 2.0" deters the global? South Korea plans to increase support for chip companies and introduce $10 billion low-interest loans next year.
① South Korea plans to increase financial support for domestic chip manufacturers next year to address the challenges posed by the 'Trump 2.0' policy and competitors like China; ② The South Korean Ministry of Finance stated that low-interest loans will reach 14.3 trillion won (approximately 10.2 billion USD) next year to support new chip park enterprises and others.