Marvell Technology (MRVL) Rockets 18% on Billion-Dollar Profitability

Marvell Technology Inc. (NASDAQ:MRVL) is one of the 10 Stocks to Watch Right Now. Marvell Technology soared by 18.35 percent on Friday to close at $89.57 apiece, as investors took heart from its strong earnings performance for the full fiscal year 2026, swinging to billions of profits from hundred millions of net losses a year earlier. In an updated report, Marvell Technology Inc. (NASDAQ:MRVL) said that it incurred a $2.67 billion net income in the full fiscal year ending January 31, reversing an $885 m ...