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MRVL: Subsidized tie-up with GOOGL—can it chip away at AVGO?
Marvell Technology (MRVL) issues warrants to Google for the first time, driving a 10%+ rally in MRVL shares, while Broadcom (AVGO) sold off. The move signals the market’s view that MRVL could capture Google’s TPU-related orders.Here, Dolphin Research reviews the two parties’ deal structures and impl...Dolphin Research
Thu, Aug 20
Economic Indicator
US President Donald Trump announces "crushing economic operation" on Iran
US President Trump announced the most severe economic action ever taken against Iran, CBS News reported on Wednesday. Trump said this will be economic conflict and isolation on an unprecedented scale and the countries allowing financial aid to Iran will face severe economic consequences.Fxstreet
Wed, Aug 19
Commodities
Gold climbs above $4,500 as US Dollar, yields fall
Gold price (XAU/USD) rises to around $4,520 during the early Asian session on Thursday. The precious metal surges to the highest since early June amid the weakening US Dollar (USD) after the US Treasury Department stepped in to provide relief to bond markets.Fxstreet
Wed, Aug 19
Forex
Australian Dollar gains as Treasury buyback offsets hawkish Fed
The Aussie Dollar advances on Wednesday, up over 0.56%, as the US Dollar registers losses amid the US Treasury bond buyback and despite the release of hawkish Federal Reserve minutes from the July meeting. The AUD/USD trades at 0.7127.
Fxstreet
Wed, Aug 19
Cryptocurrencies
The founder behind Waymo unveils new stealth robotics startup, Dulo
Sebastian Thrun, the engineer behind Google’s self-driving program that became Waymo, revealed on Tuesday that he is starting a new robotics company called Dulo. Thrun mentioned the new company only briefly at the end of his keynote at Actuate, a robotics conference, in San Francisco. He named the venture but did not share any further...Cryptopolitan
Wed, Aug 19
Forex
Pound Sterling's best level since May was made in Washington
GBP/USD closed Wednesday 0.53% higher just above 1.3600, its best close in three months, and the United Kingdom inflation report that opened the session had almost nothing to do with it. Sterling spent the London morning up barely twenty pips on the day.
Fxstreet
Wed, Aug 19
Stocks
Top 5 US Stock Gainers/Losers (>100B) (8.19)
NASDAQ Composite Index has rose 0.16%, with a year-to-date rose 13.3%; S&P 500 has rose 0.21%, with a year-to-date rose 12.6%; Dow Jones Industrial Average has rose 0.22%, with a year-to-date rose 11.2%.Merck(MRK) rose 12.6%, with a trading turnover 4.9 Billion USD, and a year-to-date rose 46.7%.Agn...Longport
Wed, Aug 19
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Top News
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