Marvell Technology ( MRVL ) has been on a tear following a strong Q1 fiscal 2027 earnings report , posting record revenue of $2.42B (up 28% year-over-year) and non-GAAP EPS of $0.80, beating estimates by $0.01. The stock received an additional boost at Computex when Nvidia CEO Jensen Huang pointed to Marvell CEO Matt Murphy and declared, “The next trillion-dollar company, ladies and gentlemen,” se...
Marvell Technology ( MRVL ) has been on a tear following a strong Q1 fiscal 2027 earnings report , posting record revenue of $2.42B (up 28% year-over-year) and non-GAAP EPS of $0.80, beating estimates by $0.01. The stock received an additional boost at Computex when Nvidia CEO Jensen Huang pointed to Marvell CEO Matt Murphy and declared, “The next trillion-dollar company, ladies and gentlemen,” sending shares up as much as 32% in a single session. Despite the euphoria surrounding the AI infrastructure play, analyst sentiment remains divided on whether new investors should chase the rally or wait for a more favorable entry point. What Do Seeking Alpha Analysts Say About Marvell’s Future? Optimists are pointing to Marvell’s rapidly expanding custom silicon and interconnect businesses as the foundation for multi-year growth. Management raised its fiscal 2027 revenue outlook to ~$11.5B (40% growth) and guided fiscal 2028 revenue to $16.5B (45% growth), with custom silicon expected to more than double in fiscal 2028 and reach over $10B annually by fiscal 2029. Nvidia’s $2B strategic investment via convertible preferred stock, which converts at roughly $92/share, has been viewed as a strong endorsement of Marvell’s position within the AI infrastructure ecosystem. The interconnect business alone is guided to grow over 70% in fiscal 2027, driven by the transition from 800G to 1.6T optics. Bearish investors, however, are cautioning that Marvell’s valuation has become stretched after its massive run-up. The stock trades at ~70x trailing earnings and 50x forward earnings, with gross margins appearing to flatline around 58.9%. To justify current prices, some analysts estimate the company would need to sustain levered free cash flow growth of roughly 44%. There are also concerns about competition from Broadcom ( AVGO ), which holds an estimated 60% of the custom AI ASIC market, and the risk that hyperscaler capex growth could moderate to 30% or lower in the coming years. Here’s ...
While many US city councils have passed moratoriums, Monterey Park is first where residents have voted on a ban Sign up for the Breaking News US newsletter email Residents in Monterey Park, California , became the first in the US to vote on a permanent ban on datacenters on Tuesday, and early results indicate a resounding victory for the prohibition. While many cities and counties have already pas...
While many US city councils have passed moratoriums, Monterey Park is first where residents have voted on a ban Sign up for the Breaking News US newsletter email Residents in Monterey Park, California , became the first in the US to vote on a permanent ban on datacenters on Tuesday, and early results indicate a resounding victory for the prohibition. While many cities and counties have already passed temporary or indefinite moratoriums via their local governments, Monterey Park would be the first to do so through a ballot initiative. Continue reading...
suwadee sangsriruang/iStock via Getty Images The market right now is riddled with uncertainty. In fact, I recently detailed how this could be the most dangerous market environment in years, as lingering impacts from tariffs, growing signs of brittleness in the economy, a higher-for-longer inflation environment, interest rates, and even growing risks of an energy shock (that I recently discussed in...
suwadee sangsriruang/iStock via Getty Images The market right now is riddled with uncertainty. In fact, I recently detailed how this could be the most dangerous market environment in years, as lingering impacts from tariffs, growing signs of brittleness in the economy, a higher-for-longer inflation environment, interest rates, and even growing risks of an energy shock (that I recently discussed in depth here ) all threaten to upend the ongoing bull market. Meanwhile, valuations have reached levels that leading investors like Howard Marks have warned could lead to a lost decade . Thus, with a stagflationary environment and potentially poor index returns staring investors in the face, I like dividend growth stocks ( SCHD ) that combine reasonable valuations, attractive current yields, solid inflation-resistant growth profiles, strong balance sheets, recession-resistant business models, and tailwinds from ongoing macro forces all into one package. In this article, I will detail some of the best-suited stocks for the current environment and likely the decade ahead. A Global Infrastructure Powerhouse Built For Stagflation The first opportunity is Brookfield Infrastructure Partners ( BIP ). It's managed by Brookfield Asset Management ( BAM ), which gives it a global platform, significant operational expertise, and world-class deal flow. This enables it to implement a highly accretive capital recycling program in which it can invest in deals that few competitors have the access to capital and operational expertise to play in, thereby acquiring assets in high-quality infrastructure businesses at bargain prices. It then implements a business improvement plan, leveraging both operational and cost of capital advantages, holds the business, and generates significant cash flows from it until an opportune time comes along to sell it at a strong profit and recycle the capital into a new attractive opportunity. On top of that, it has a broad investment mandate across the infrastruc...
Bloomberg's Michelle Davis joins Scarlet Fu on "Bloomberg Deals." Yum! Brands is in exclusive talks to sell its Pizza Hut chain to LongRange Capital, according to people familiar with the matter. (Source: Bloomberg)
Bloomberg's Michelle Davis joins Scarlet Fu on "Bloomberg Deals." Yum! Brands is in exclusive talks to sell its Pizza Hut chain to LongRange Capital, according to people familiar with the matter. (Source: Bloomberg)
Months before crucial midterm elections, the US government has stopped sharing key information about election threats with state officials and halted some cybersecurity services. Intelligence agencies are no longer providing classified threat briefings that gave state election officials insight into foreign and domestic efforts to disrupt voting or influence results, along with guidance on how to ...
Months before crucial midterm elections, the US government has stopped sharing key information about election threats with state officials and halted some cybersecurity services. Intelligence agencies are no longer providing classified threat briefings that gave state election officials insight into foreign and domestic efforts to disrupt voting or influence results, along with guidance on how to counter them, according to multiple secretaries of state, including Steve Simon of Minnesota, Shenna Bellows of Maine and Sarah Hanzas of Vermont. “There has been a retreat from the mission of actively helping states to administer secure elections,” said Simon, a Democrat, in an interview. The Cybersecurity and Infrastructure Security Agency also hasn’t conducted penetration tests, in which cybersecurity experts test for weaknesses in election infrastructure and help remedy them, on state systems, according to Simon. For example, in 2016 Russian hackers breached the Illinois State Board of Elections using a common type of flaw known as a SQL injection, which is the kind of weakness a penetration test is designed to help fix. A DHS spokesperson said in a statement that the agency and its sub-agency, CISA, continue to work with state leaders to protect election integrity. “We are committed to delivering timely, actionable cyber-threat intelligence, supporting federal, state and local partners, and defending against both nation-state and criminal cyber threats,” the spokesperson said. In a 2025 letter , the National Association of Secretaries of State urged DHS to continue core election security services, including classified briefings, ransomware-response support and physical security assessments at voting sites. Virtually none of those services are being provided in 2026, said Simon, who led the group last year. “The bottom line for me is we no longer have a full partner in the federal government,” he said. Federal election security grants from the Election Assistance Commis...
Getty Images What SNXX Actually Is The Tradr 2X Long SNDK Daily ETF ( SNXX ) is an actively managed ETF that seeks to act as a leveraged single-stock vehicle. According to Tradr (the financial services company that offers the ETF), the fund seeks daily results, before any fees and expenses, equal to two times the daily performance of Sandisk common stock ( SNDK ). After going through the fund's ma...
Getty Images What SNXX Actually Is The Tradr 2X Long SNDK Daily ETF ( SNXX ) is an actively managed ETF that seeks to act as a leveraged single-stock vehicle. According to Tradr (the financial services company that offers the ETF), the fund seeks daily results, before any fees and expenses, equal to two times the daily performance of Sandisk common stock ( SNDK ). After going through the fund's material, I believe the most important line is that SNXX “does not seek to achieve its stated investment objective for a period of time different than a trading day.” As of the summary prospectus , the fund informs investors that they should not expect the ETF to return exactly 200% of SNDK’s return over that same period. Longer holding periods, especially with higher SNDK volatility, also diverge from the 200% benchmark. Essentially, SNXX is not SNDK times 2 but more like SNDK’s daily return doubled, then reset, then doubled again the following day, which is a fairly big difference. As of late, the fund approved an 8-for-1 forward split , with a record date of June 1, 2026, a payment date of June 2, 2026, and the split-adjusted share tradable on June 3, 2026. The split, however, is purely a cosmetic change, and it will not make a difference in the underlying economic value of an investor's positions. Current shareholders will receive seven additional shares on top of the current one they own, with the market price expected to be split by eight of the pre-split amount. This change will surely change the trading optics, attracting more traders since the nominal price seems lower, but just a fair warning that nothing of substance was changed besides aesthetics/cosmetics. SanDisk's Volatility Is The Key Risk For A Buy-And-Hold Bullish Thesis The biggest mistake I see investors make, especially the newer ones, is thinking that SNXX is basically SNDK doubled, and a bullish view on SNDK is a sufficient thesis for holding SNXX. The more correct formulation for someone wishing to hol...