Marvell Technology Rallies as It “Significantly Raises” Revenue Outlook for 2027 and 2028
Marvell Technology reported record Q1 revenue of $2.42B and significantly raised its fiscal 2027 and 2028 outlook on strong AI demand.
/ 505 items
#Earnings Movers↓
Snowflake Raises Annual Revenue Outlook and Commits $6B to AWS as AI Demand Surges
Snowflake beat expectations as AI demand surged, boosting revenue, customers, and outlook while shares jumped 30% after hours.
Abercrombie & Fitch Beats Profit Estimates with Record Q1 Sales Despite Middle East Headwinds
Abercrombie sales hit $1.1B, up 2%. Profits down but beat expectations. Asia grew strong, outlook steady, shares rose 4%.
Manchester United Lifts Full-Year Forecast After Strong Q3 Profit and 3rd-Place Premier League Finish
Man Utd reports strong profit growth, higher revenue, Champions League return, contract renewals, and a positive outlook.
Temu Owner PDD Holdings Misses Q1 2026 Earnings Estimates as China’s Economic Weakness Bites
PDD Holdings missed Q1 targets: revenue up but below forecasts, profits fell, costs rose; shares dropped ~6% premarket.
Zscaler Shares Crash After Q4 Revenue Guidance Misses Estimates
Zscaler fell after weak Q4 revenue outlook despite solid results, rising costs, and strong cybersecurity demand growth.