Tech Tumbles Ahead of Holiday Weekend: MRVL & DELL Earnings Disappoint
Schwab Network · Schwab Network
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Show Notes
Marvell (MRVL) sold off after reporting in-line earnings, revenue and guidance. However, as Jenny Horne points out, the A.I. company still commands strong buy ratings from analysts even though most slashed price targets. Dell Technologies (DELL) also traded lower after reporting its earnings. Jenny talks about the challenges to the PC market hitting Dell but points to the bullish A.I. narrative as an upside.
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