Market Outlook - The S&P 500 is projected to test 7,000 before the end of 2025, driven by momentum, potential interest rate cuts, and a possible Santa Claus rally [1] - Other analysts, including Tom Lee from Fundstrat Global Advisors, suggest a target of 7,300, indicating a potential 5% to 10% increase in December [2] Company Performance - Marvell reported an EPS of 76 cents, beating estimates by 2 cents, and revenue of $2.08 billion, which is a 37% year-over-year increase, surpassing expectations by $10 million [4] - Deutsche Bank has raised Marvell's price target to $125 from $90, citing confidence in the custom business and projected 20% growth next year [4][6] - Amazon's price target has been raised by Bank of America to $303 from $272, following insights from their annual cloud conference, highlighting improvements in AWS's AI capabilities [5][6] - Wells Fargo also increased Amazon's price target to $295, noting that potential cloud industry supply constraints could lead to significant revenue growth for AWS by 2027 [7]