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Chipmaker Marvell's weak data center forecast prompts AI investors to dump its stock
Outlook points to decline in custom chip business Shares down over 12% after-marketBy Juby Babu Aug 28 (Reuters) - Chipmaker Marvell Technology MRVL.O forecast quarterly revenue below market estimates on Thursday, disappointing investors who are accustomed to strong results from artificial intell...
Reuters
8 minutes ago
RPT-COLUMN-US small caps quietly notch historic outperformance vs tech: McGeever
By Jamie McGeeverORLANDO, Florida, Aug 28 (Reuters) - Amid the Federal Reserve drama and deluge of corporate earnings in August, one clear but overlooked trend emerged in U.S. equities: the rotation out of expensive tech stocks and into cheaper small caps. As the month draws to a close, the big ques...
Reuters
14 minutes ago
S&P 500, Dow score record high closes as Nvidia results buttress AI rally
Weekly jobless claims fall; corporate profits rebound in Q2 Snowflake surges on AI-driven revenue forecastHP Inc gains on upbeat Q3 revenue S&P 500 +0.32%, Nasdaq +0.53%, Dow +0.16%By Noel Randewich Aug 28 (Reuters) - The S&P 500 and Dow Jones Industrial Average notched record high closes...
NVIDIA Corp
Reuters
17 minutes ago
Trump, Nvidia talks to allow advanced AI chip sales in China will take time, CEO says
Nvidia aims to capture $50-billion AI market in ChinaNvidia's Blackwell chip variant for China faces trade tensionsNvidia's potential China sales excluded from current-quarter forecast due to uncertaintyBy Alexandra Alper and David Shepardson WASHINGTON, Aug 28 (Reuters) - Discussions wit...
NVIDIA Corp
Reuters
18 minutes ago
Dell lifts annual forecasts on AI server sales boom
Aug 28 (Reuters) - Dell DELL.N raised its annual revenue and profit forecasts on Thursday, buoyed by demand for its artificial intelligence-optimized servers that are powered by Nvidia's NVDA.O advanced chips.
Dell Technologies Inc
Reuters
27 minutes ago
Ambarella Inc reports results for the quarter ended July 31 - Earnings Summary
Ambarella Inc AMBA.OQ reported quarterly adjusted earnings of 15 cents per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of twelve analysts for the quarter was for earnings of 5 cents per share. Wall S...
Reuters
42 minutes ago
Marvell Technology Inc reports results for the quarter ended July 31 - Earnings Summary
Marvell Technology Inc MRVL.OQ reported quarterly adjusted earnings of 67 cents per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of 30 cents. The mean expectation of thirty one analysts for the quarter was for earnings of 66 cents per ...
Reuters
42 minutes ago
Autodesk Inc reports results for the quarter ended July 31 - Earnings Summary
Autodesk Inc ADSK.OQ reported quarterly adjusted earnings of $2.62 per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of $2.15. The mean expectation of twenty four analysts for the quarter was for earnings of $2.45 per share. Wall Street...
Reuters
43 minutes ago
Post-Bell | S&P 500, Dow Score Record High Closes; Nvidia Falls 0.8%; Snowflake Jumps 20%; Pure Storage Soars 32%
The S&P 500 and Dow Jones Industrial Average notched record high closes on Thursday after Nvidia's quarterly report fell short of investors' high expectations but confirmed that spending related to artificial intelligence infrastructure remains strong.Market SnapshotThe S&P 500 climbed 0.32% to end ...
Tiger News
51 minutes ago
UFP Industries: A Strong Contender in a Fragmented Lumber Market
Explore the exciting world of UFP Industries (NASDAQ: UFPT) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices of Jul. 30, 2025....
The Motley Fool
2 hours ago
Elastic Soars as Q1 Results, Full-Year Guidance Top Wall Street's Expectations
Elastic shares rose 18.5% in extended-trading on Thursday after the search AI platform Provider reported fiscal first-quarter results and full-year guidance that topped Wall Street's estimates by a wide margin.For the period ending July 31, Elastic said it earned an adjusted $0.60 per share as reven...
Tiger News
2 hours ago
Why Viking Therapeutics Stock Popped Nearly 4% Today
Key PointsIt's becoming increasingly apparent that the current crop of obesity drugs can treat other conditions, too.A team of French medical researchers has been somewhat successful in treating a particular skin condition.10 stocks we like better than Viking Therapeutics › Numerous companies in the...
The Motley Fool
2 hours ago
Why Cronos Is Skyrocketing Again Today
Key PointsCronos kept rallying today thanks to excitement surrounding a new SPAC merger connected to Trump Media. Crypto.com, which created the Cronos token, is merging with Yorkville Acquisition. The combination of Crypto.com and Yorkville Acquisition will become Trump Media Group CRO -- a company ...
The Motley Fool
2 hours ago
Why Bill Holdings Stock Crushed It Today
Key PointsThe company ended its 2025 in style with an outstanding fourth-quarter earnings report.This despite a slight decline in adjusted profitability.10 stocks we like better than Bill Holdings › Next-generation fintech Bill Holdings (NYSE: BILL), which specializes in cloud-based software solutio...
The Motley Fool
2 hours ago
Affirm Reports Record Q4 Growth
Affirm(NASDAQ:AFRM) reported fourth quarter fiscal 2025 results on August 28, 2025, with record performance in core metrics and accelerating growth, with GMV, funding capacity, and 0% APR adoption all reaching new highs. Management highlighted a robust credit profile (95% of transactions from repeat...
The Motley Fool
2 hours ago
Why Build-A-Bear Workshop Stock Roared 14% Higher on Thursday
Key PointsThis bear looked awfully mighty following its latest earnings release.It had a beat-and-raise second quarter, after all.10 stocks we like better than Build-A-Bear Workshop › Investors sure were bullish on Build-A-Bear Workshop (NYSE: BBW) on Thursday, as they bid the custom plushie retaile...
The Motley Fool
2 hours ago
Why Kohl's Stock Sank Today
Key PointsKohl’s reported Q2 EPS of $0.56 on $3.35 billion in sales, topping Wall Street’s expectations.Cost cutting and leaner inventory improved margins, though comparable-store sales still fell 4.2% year over year.Shares spiked over 24% Wednesday on meme-stock momentum but are retreating as inves...
The Motley Fool
2 hours ago
Elastic Cloud Revenue Jumps 20 Percent
Elastic(NYSE:ESTC) reported first quarter fiscal 2026 results on August 28, 2025, delivering $415 million in revenue (up 20% YoY) and a 16% non-GAAP operating margin. Management raised full-year revenue and EPS guidance, highlighting strong enterprise and AI-driven workload growth. The following ins...
The Motley Fool
2 hours ago
SentinelOne raises annual revenue forecast on strong cybersecurity demand
Aug 28 (Reuters) - SentinelOne S.N raised annual revenue forecast on Thursday, a sign of growing demand for the company's cybersecurity tools, sending its shares surging around 9% in extended trading.The company's artificial intelligence-powered Singularity platform ingests and analyzes secu...
Reuters
2 hours ago
Autodesk Lifts Outlook After Q2 Beat
Autodesk(NASDAQ:ADSK) reported second quarter fiscal 2026 results on August 28, 2025, exceeding guidance across revenue, non-GAAP operating margin, billings, and free cash flow, and subsequently raised full-year guidance for fiscal 2026 (ending Jan. 31, 2026). Total revenue (GAAP) grew 17% year-over...
The Motley Fool
2 hours ago
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