Marvell shares ripped 18% higher on Friday as the company posted an earnings beat and issued strong guidance, expecting robust artificial intelligence demand to continue. The semiconductor company reported adjusted earnings of 80 cents per share for the quarter, exceeding the 79 cents per share expected by analysts polled by LSEG. The company reported $2.2…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks dropped on Friday , capping a volatile week in the markets that pushed oil prices above $90 for the first time since October 2023. Typically,…
TOPSHOT – Currency dealers monitor exchange rates in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on February 2, 2026. South Korea’s benchmark index Kospi tumbled more than five percent on February 2, in line with a sell-off across Asian markets amid fresh worries about an AI-fuelled tech rally that has…
Broadcom on Wednesday delivered a solid quarterly results while painting an increasingly upbeat picture around the future of its custom AI chip business. The report showed that despite fading enthusiasm for Broadcom’s stock, its most important business still has the wind at its back. Revenue in the fiscal first quarter of 2026, which ended Feb….
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images South Korea’s Kospi jumped over 12% Thursday, staging a sharp rebound from its worst session, and on course to clock its best day, data from LSEG showed. Index heavyweights…
Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on September 13, 2022. Ying Tang | Nurphoto | Getty Images Broadcom reported better-than-expected earnings and revenue and issued a strong forecast for the current period as the chipmaker continues to benefit from the artificial intelligence boom. Here’s how the company performed…
A man walks past in front of an electronic screen showing South Korea’s benchmark stock index (KOSPI) at the Korea Exchange in Seoul on March 3, 2026. Jung Yeon-je | Afp | Getty Images South Korean stocks quickly fell from grace following the U.S. and Israeli strikes on Iran. But Wall Street doesn’t see that…
Thick plumes of smoke rise over the residential areas of the Iranian capital following airstrikes amid ongoing U.S.â”Israel attacks as multiple explosions are heard across the city in Tehran, Iran on March 01, 2026. Fatemeh Bahrami/ | Anadolu | Getty Images We hear it all the time on CNBC — markets hate uncertainty, and the…
Monday brings the first trading day of March on Wall Street, after the S & P 500 lost roughly 1% in February and remained only modestly positive year to date. The U.S.-Israeli attack on Iran over the weekend figures to ripple through financial markets in the week ahead. It was already going to be a…
Stocks swung wildly last week as investors wrestled with the impact of artificial intelligence on various sectors and the overall economy. This coming week is a wildcard after the U.S. and Israel attacked Iran. President Donald Trump said Saturday that “major combat operations” in Iran started overnight, with American and Israeli strikes on military and…
