Chipmaker Marvell's strong quarter is good news for these 3 portfolio stocks

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments. 1. Stocks rose Wednesday, with the S & P 500 and Nasdaq hitting fresh record highs in the session. The Dow Jones Industrial Average, meanwhile, also traded higher.

"All we did was stay the course, which is what you need to do with a really great company like ... Salesforce." 3. Marvell's blowout quarterly results and strong revenue growth outlook has its stock soaring more than 20% Wednesday. It's also good news for rival chip stock Broadcom , which we own for the Club. Marvell, which is in our Bullpen, and Broadcom both help tech giants create custom AI chips while also selling networking solutions for data centers.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Here’s what to look for when Marvell reports earningsHere’s what to look for when Marvell reports earnings
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Marvell stock soars as strong AI demand yields earnings beat, strong guidanceMarvell stock soars as strong AI demand yields earnings beat, strong guidance
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Stocks making the biggest moves after hours: Salesforce, Okta, Box, Marvell Technology and moreThese are the stocks posting the largest moves in extended trading.
Fuente: CNBC - 🏆 12. / 72 Leer más »