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Should You Buy Amazon After Its Deal With OpenAI?
Yahoo Finance· 2025-11-04 20:15
Key Points OpenAI just signed a multibillion-dollar deal with Amazon’s cloud business for access to AI chips. Amazon Web Services is the world’s biggest cloud provider and has been investing massively in AI. 10 stocks we like better than Amazon › You may think of Amazon (NASDAQ: AMZN) primarily as an e-commerce giant -- and it is -- but the company also has become a major player in artificial intelligence (AI) in recent years. And just this week, it scored a new win that reinforces its position in ...
Analysts revise Marvell stock price targets after earnings
Finbold· 2025-03-07 12:01
Marvell Technology (NASDAQ: MRVL) suffered a sharp sell-off, with shares plunging over 19% on March 6, following its Q4 and FY 2025 earnings report released on March 5. Despite delivering slightly better-than-expected results on both earnings per share (EPS) and revenue, and issuing forward guidance that topped Wall Street’s average expectations, the results failed to impress investors who had expected significant AI tailwinds to be reflected in the outlook.Marvell one-day price chart. Source: Google Financ ...
Marvell plunges 18% as outlook falls short of high expectations
CNBC· 2025-03-06 17:56
Marvell Technology shares plummeted more than 17% after the chipmaker's guidance fell short of some elevated buyside estimates.For the first fiscal quarter, the chipmaker said it expects sales of about $1.88 billion. That was just ahead of the $1.87 billion expected by analysts polled by LSEG. However, the outlook fell short of some buyside expectations calling for around $2 billion in revenue, disappointing investors after the stock soared 83% in 2024. The results fueled some concerns about Marvell's partn ...