Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
MRVL Earnings: Marvell Stock Jumps 10% on Strong Earnings Fueled by AI Demand
Marvell Technology MRVL -3.09% ▼ stock is up 10% after the semiconductor maker reported financial results that beat Wall Street estimates, fueled by strong demand related to artificial intelligence (AI).
Claim 70% Off TipRanks Premium
Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
Stay ahead of the market with the latest news and analysis and maximize your portfolio’s potential
The Silicon Valley-based company reported earnings per share (EPS) of $0.80 on revenue of $2.22 billion. That was slightly ahead of analysts consensus expectation of $0.79 and revenue of $2.21 billion. Data center revenue, a key metric, totaled $1.65 billion in the quarter, beating Wall Street forecasts of $1.63 billion, and up 21% from a year earlier.
“Marvell delivered record fiscal 2026 revenue of $8.195 billion, growing 42% year-over-year, driven by robust AI demand,” said CEO Matt Murphy in the company’s earnings release.
Marvell’s income statement. Source: The Fly
Marvell’s Guidance
In terms of forward guidance, Marvell said that it expects earnings of $0.79 a share, plus or minus 5%, in the current first quarter of 2026. Revenue is projected at $2.4 billion, plus or minus 5%. That outlook topped the first-quarter earnings of $0.74 a share and revenue of $2.28 billion that Wall Street had penciled in for the company.
Disclaimer & DisclosureReport an Issue