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0.000448765893792089 0.00094739466467214 -0.0012465719272002 -0.00324108701072055 -5.98354525056118E-05 -5.98354525056118E-05 -5.98354525056118E-05 -5.98354525056118E-05
Stock impact report

Wall Street rises near its all-time high [Globe and Mail, The (Toronto, Canada)]

Marvell Technology, Inc. (MRVL) 
Last marvell technology, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: marvell.com/company/investor_relations
The S&P 500 climbed 0.4% and pulled within 0.5% of its all-time high set in late October. The Dow Jones Industrial Average was up 450 points, or 0.9%, with an hour remaining in trading, and the Nasdaq composite was 0.3% higher. The biggest jump in the S&P 500 came from Micochip Technology, which leaped 9.8% after saying it expects sales and profit for the final months of the year to come in at the high end of the forecasted ranges it earlier gave. CEO Steve Sanghi said business is doing better than expected,and it's reducing inventory levels. Marvell Technology was another winner and rose 7.3% after the supplier of semiconductor products delivered a stronger profit for the latest quarter than analysts expected. CEO Matt Murphy credited strong demand for its data center products, while also announcing a $3.25 billion purchase of Celestial AI to bolster its artificial-intelligence infrastructure business. Stocks broadly got a lift from easing Treasury yields in the bond market. T Show less Read more
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