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2 Tech Stocks Making Moves After Earnings
MRVLMarvell Technology(MRVL) Schaeffers Investment Research·2024-08-30 14:13

Shares of Dell Technologies Inc (NYSE:DELL) and Marvell Technology Inc (NASDAQ:MRVL) are moving higher following their respective earnings reports.Dell, now a top vendor for servers oriented toward artificial intelligence (AI), reported second-quarter adjusted earnings of $1.89 per share on revenue of $25.06 billion, both of which beat Wall Street's expectations thanks to an 80% increase in server sales. At last glance, DELL was 1.7% higher at $112.58, extending its year-over-year lead to 97%.As far as anal ...