|Day Low/High||23.71 / 24.08|
|52 Wk Low/High||14.34 / 27.64|
Marvell brushed off a light quarterly outlook, while Workday slumped in spite of raising its guidance. Valuations are a factor, but so are long-term expectations.
Huawei and the U.S.-China Trade Wars continue to weigh on many tech companies with Marvell being no exception.
Marvell isn't a quarter-to-quarter story and analysts are advising investors to treat it with longer-term targets in mind.
Marvell is having trouble moving forecasts as trade uncertainties temper optimism.
Though it would likely take a while for Apple to begin using its own 5G modem, doing so could yield major cost savings and also carry other benefits.
Checking out the latest charts and indicators.
Also, I'm not sure one needs to be in Broadcom, but if one were interested, this could be the discount that one has waited for.
There still appears to be plenty of interest among chip developers in further consolidation, and the easing of export restrictions on Huawei might make them less worried about Chinese regulators.
Analysts now expect an earnings recession to become reality after negative Q1 growth, and ahead of projected negative Q2 growth.
Macro factors and demand deceleration are driving a deep decline in Intel shares.
How Eurozone weakness and uncertainty on China trade are affecting the markets -- and how to prepare your portfolio.
Marvel's decline could be nearing an end, but plenty of base building is needed before a new uptrend can develop.
Who are, and what are football stocks?
There's still a chance that Chinese regulators will approve Qualcomm's deal to buy NXP. And if they don't, a low valuation and buybacks should limit NXP's downside.
The reason I own Nucor stock is for exposure to events such as this.
I can't stress how important the ZTE news is for the group.