Early June, 52-week highAugust 19 close
9 Min Read
Marvell issued Google a warrant on 58.97 million shares; full vesting requires Google to buy $120 billion of chips. Nothing in the agreement obliges Google to buy anything, and it was Broadcom that lost $87 billion of market value.
MRVL · Since The Event+ 12.76%Read9 Min Read
Revenue rose 45%, guidance went up, and the stock fell 20% in a single day. The reason was not in the headline but in the cash flow statement: annual free cash flow fell from $207 million to $4 million.
9 Min Read
Reuters reports that the FCC is drafting a ban on imports of newly certified Chinese-made optical transceivers. There is no decision and no order on the table — and optical stocks still ran five times the index.
