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Marvell shares jump after chipmaker wins spot in S&P 500

Marvell shares jump after chipmaker wins spot in S&P 500

June 8 (Reuters) - Marvell Technology shares climbed more than 9% on Monday after the chipmaker was set to join the benchmark S&P 500 at the end of June, in the latest boost to a stock that has surged recently.

Oracle suffers its roughest session in months ahead of earnings

Oracle suffers its roughest session in months ahead of earnings

Oracle (ORCL) stock just had the kind of day that spooks shareholders. Shares of the database and cloud giant tumbled about 9.6% on Friday, June 5, closing at $213.68 after opening near $229. That marked Oracle’s steepest single-day drop in months and one of the worst showings among large-cap ...

Marvell leads chip wreck unseen since the pandemic

Marvell leads chip wreck unseen since the pandemic

Three trading days earlier, Marvell Technology (MRVL) had the market in awe. Nvidia chief executive Jensen Huang had stood on a stage in Taipei and called the chip designer “the next trillion-dollar company.” Traders responded by handing the stock its biggest one-day gain ever. By Thursday’s close, ...

Micron erases weeks of 2026 rally in shocking move

Micron erases weeks of 2026 rally in shocking move

Micron Technology (MU) has been a standout name in the artificial intelligence trade for most of 2026, with its stock gaining an explosive 173.92% since the beginning of the year. It crossed $1 trillion in market value in late May. And then, things changed. Over two trading days, a large piece of ...

Dan Ives spills the beans on SpaceX future

Dan Ives spills the beans on SpaceX future

The best investments are usually the ones you are not allowed to make. By the time a great company finally opens its doors to the public, the people who got in early have already collected the part of the story worth telling. What reaches everyone else tends to be the receipt, marked up and handed ...

Major U.S. Chip Stocks Experience Significant Decline Following Broadcom's AI Guidance

Major U.S. Chip Stocks Experience Significant Decline Following Broadcom's AI Guidance

Major U.S. Chip Stocks Experience Significant Decline Following Broadcom's AI Guidance

Marvell Technology Stock Falls Amid Profit-Taking After Rally

Marvell Technology Stock Falls Amid Profit-Taking After Rally

Marvell Technology Stock Falls Amid Profit-Taking After Rally

Broadcom Stock Declines Due to Underwhelming AI Demand, Market Remains Resilient

Broadcom Stock Declines Due to Underwhelming AI Demand, Market Remains Resilient

Broadcom Stock Declines Due to Underwhelming AI Demand, Market Remains Resilient

Broadcom Shares Decline Following Underwhelming Q2 Results and Guidance

Broadcom Shares Decline Following Underwhelming Q2 Results and Guidance

Broadcom Shares Decline Following Underwhelming Q2 Results and Guidance

Goldman Sachs aggressively resets CrowdStrike stock price target

Goldman Sachs aggressively resets CrowdStrike stock price target

Some quarters validate a thesis, and others rewrite it entirely. CrowdStrike (CRWD) just delivered the latter. The 15-year-old cybersecurity goliath reported first-quarter fiscal 2027 results on June 3 that beat expectations across every guided metric, raised full-year guidance meaningfully, and ...

Bank of America resets Broadcom stock price target after earnings

Bank of America resets Broadcom stock price target after earnings

Broadcom (AVGO) stock closed the June 4 trading session down 12.59% at $418.91. The stock took a tumble following the release of the second-quarter (Q2) fiscal year 2026 (FY26) earnings report on June 3, and lost about $280 billion in market value, according to Yahoo Finance. The stock is up 21.04% ...

Taiwan Semiconductor Manufacturing Faces 6.6% Stock Price Drop Amid Market Volatility

Taiwan Semiconductor Manufacturing Faces 6.6% Stock Price Drop Amid Market Volatility

Taiwan Semiconductor Manufacturing Faces 6.6% Stock Price Drop Amid Market Volatility