Today: 30 June 2026
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NASDAQ:MRVL 16 June 2026 - 25 June 2026

AMD holds steady after UBS sets $1.1T target, AI rivalry grows

AMD holds steady after UBS sets $1.1T target, AI rivalry grows

Advanced Micro Devices, Inc. finished Wednesday little changed. UBS, which had one of the highest targets on AMD, reset its view, but the stock barely moved. Investors didn't rush to buy on another AI-chip call. AMD slipped 11 cents to end the day at $519.74, moving between $503.50 and $524.96. In after-hours trading, shares jumped 3.45% to $537.69 with 2.03 million shares changing hands. Volume during normal hours was 25.76 million shares—about 68% of the 65-day average.
Dow ends higher; Nasdaq drifts as AI stocks slip, oil falls

Dow ends higher; Nasdaq drifts as AI stocks slip, oil falls

Dow climbs 184 points, S&P 500 inches lower, Nasdaq drops The Dow Jones Industrial Average added 184.03 points, or 0.36%, to finish at 51,850.87 on Wednesday. The S&P 500 slipped 6.97 points, or 0.09%, to 7,358.49. The Nasdaq Composite fell 110.40 points, or 0.43%, settling at 25,476.64. The Dow outperformed other indexes with tech shares still under pressure. Because the Dow is price-weighted, stocks with bigger share prices move the average more. S&P Dow Jones Indices calls the Dow a gauge for 30 U.S. blue chips.
Nasdaq Drops After Hours as AI Stocks and Chip Names Fall

Nasdaq Drops After Hours as AI Stocks and Chip Names Fall

US stocks fell on Tuesday, with the Nasdaq and S&P 500 both closing at their lowest in more than a week after chip stocks tumbled. The moves ended the relative calm that followed last week’s Middle East de-escalation. According to MarketWatch, the Nasdaq Composite dropped 2.00%, the S&P 500 lost 1.31%, and the Dow Jones Industrial Average slipped 0.04%. Chips are now where the pressure sits for the market. Investors have leaned on artificial-intelligence stocks for most of this year’s gains, so when those names get repriced, indexes react quickly. That’s even more the case as some traders bet on more Fed rate hikes.
Dow Edges Past Tech Rout After Trading Ends

Dow Edges Past Tech Rout After Trading Ends

Dow ends near flat line Tuesday, holding up better than the wider market as losses in chip names and big tech pressured the S&P 500 and Nasdaq. Early close numbers show the Dow off 0.08% at 51,670.82. The S&P 500 dropped 1.42% to 7,366.87, and the Nasdaq Composite slid 2.04% to 25,632.46. The gap is relevant now because the Dow isn’t set up like the Nasdaq. S&P Dow Jones Indices calls the Dow a price-weighted index of 30 U.S. blue-chips, so stocks with higher prices sway the index more than those with lower prices, no matter the company’s market cap.
Marvell (MRVL) Enters S&P 500 as AI Trade Wobbles

Marvell (MRVL) Enters S&P 500 as AI Trade Wobbles

Marvell Technology fell roughly 10% Tuesday, wiping out gains for one of this year’s top AI chip names. The drop came just a day after Marvell joined the S&P 500. The stock traded at $276.82 in the afternoon, off $31.04 from where it closed Monday. Earlier, shares hit a low at $276.11. Around 29 million shares changed hands during the session. Market cap was near $247 billion.
Dow Jones (.DJI) Gains as Alphabet Drags on Nasdaq

Dow Stays Flat While Nasdaq Sinks on AI Selloff

Dow flat near 51,700 as AI stocks drop hit Nasdaq, S&P 500 harder The Dow Jones Industrial Average was mostly steady late Tuesday morning, last at 51,703.51, down 9.20 points, according to Reuters. The Dow traded in a narrow band of 51,301.77 to 51,809.84, holding up better than the Nasdaq and S&P 500 as selling in technology names tied to artificial intelligence dragged on the broader market. Dow stays steadier as AI trades hit Nasdaq harder. The Dow, which tracks 30 big U.S. stocks, has less tied up in popular AI plays than the Nasdaq. Its almost unchanged level hinted investors weren’t selling everything. As of 10:39 a.m. EDT, WSJ data showed the Dow barely moved, S&P 500 dropped 0.92%, and the Nasdaq fell 1.34%.
Alphabet rout dents Nasdaq, oil slide gives Dow a lift

Nasdaq Drops as AI Stocks Sell Off, Dow Still Positive

Tech and chip losses pressed down on the Nasdaq and S&P 500 early Tuesday, though the Dow Jones Industrial Average managed to stay just above flat. The Dow edged up 0.02% to 51,720.88. The Nasdaq Composite dropped 1.42% to 25,795.92, and the S&P 500 slipped 0.94% to 7,402.42, LSEG data showed with at least a 15-minute delay. Brent crude was down. The U.S. 10-year Treasury yield held close to 4.489%.
Korea Slides 10%, Nasdaq Futures Down 2.7% as Chip Stocks Sink Worldwide

Korea Slides 10%, Nasdaq Futures Down 2.7% as Chip Stocks Sink Worldwide

Semiconductor stocks around the world fell sharply Tuesday, with South Korea’s KOSPI down 9.99%. Chipmakers in Europe dropped too, and Nasdaq 100 futures shed 2.7% ahead of the Wall Street open. “Former generals … appear to have lost momentum,” said Chris Weston, head of research at Pepperstone. Philadelphia Semiconductor Index had hit an all-time high on Monday, making the latest dip stand out. Nvidia is down nearly 3% in premarket, while Intel, Marvell Technology and Advanced Micro Devices are lower by between 5.5% and 7.5%. Micron Technology dropped 8.6%. “Concern is returning that large technology firms are spending too much on AI infrastructure,” said Ipek Ozkardeskaya, senior analyst at Swissquote Bank.
Nasdaq Futures Drop Ahead of Open as Debt Concerns Hit AI Stocks

Nasdaq Futures Drop Ahead of Open as Debt Concerns Hit AI Stocks

Tech names weighed on Wall Street futures early Tuesday as contracts pointed lower before the open. Investors pulled back from artificial intelligence trades while worries about a hawkish Fed path added pressure. Futures trade ahead of the main session and offer a view on where indexes may open. The shift is important since this year’s stock gains have mostly come from pricey AI stocks. With rates up, future profits get discounted harder, and borrowing costs rise for companies paying for data centers, chips and infrastructure with debt.
Marvell Added to S&P 500 but Shares Fall

Marvell Added to S&P 500 but Shares Fall

Marvell Technology shares traded lower on Monday, dropping in their first session as part of the S&P 500, after a strong rally that turned the chipmaker into a large AI infrastructure play for Wall Street. Shares finished the session off 0.9% at $307.86, with a day range of $298.18 to $314.17. The stock fell further in late trading, recently changing hands at $305.94, according to MarketWatch data. Volume hit 48.37 million, topping the 65-day average of 39.84 million shares.
23 June 2026
Marvell set for S&P 500 entry after AI-driven jump

Marvell set for S&P 500 entry after AI-driven jump

Marvell Technology is set to start trading in the S&P 500 after a volatile push that saw shares gain about 11% in the holiday-shortened week. U.S. equity markets closed Friday for Juneteenth, so the last regular price was Thursday at $310.58. Markets stay closed through the weekend. The index change hits Monday. Timing is key. Index funds and ETFs that follow the S&P 500 usually rebalance when a new stock joins. S&P Dow Jones Indices said Marvell will join the index before the open on June 22, replacing Pool Corp.
MRVL stock gains as AI-networking names hit S&P 500 milestone

Marvell joins S&P 500 a week after KeyBanc upgrade and optics milestone

Marvell Technology starts its first week on the S&P 500 after jumping sharply Thursday. The move followed an analyst upgrade and more signs that AI data center demand for its optical chips remains strong. Shares finished at $310.58 on June 18, up 7.27%. The stock hit an intraday peak near $329.88. Timing is key here. With U.S. markets closed Friday for Juneteenth and not open over the weekend, Thursday’s close stands as the most recent price before Marvell joins the S&P 500 ahead of the open Monday, June 22.
US stocks finish up as chip shares surge and oil falls

Stocks bounce back; Iran deal, chips boost market despite Fed worries

Stocks in the U.S. ended the holiday-shortened week higher Thursday. An interim U.S.-Iran deal eased some concerns over inflation, and semiconductors rallied. That helped offset renewed worries the Fed could hike rates this year. The Nasdaq Composite added 496.28 points, or 1.91%, to close at 26,517.93. The S&P 500 finished up 80.48 points, or 1.08%, at 7,500.58. The Dow Jones Industrial Average ended up 72.15 points, or 0.14%, at 51,564.70. Over the week, the S&P 500 climbed 0.93%, the Nasdaq was up 2.43% and the Dow gained 0.71%. U.S. stock and bond markets were shut Friday for Juneteenth.
MRVL stock gains as AI-networking names hit S&P 500 milestone

MRVL stock gains as AI-networking names hit S&P 500 milestone

Marvell Technology $MRVL pushed higher Thursday, jumping 7.27% to $310.58 in the last session before the three-day holiday break. The stock is getting attention from investors backing the chipmaker’s AI networking angle. U.S. markets will be closed on Juneteenth, June 19, 2026, according to Nasdaq. Timing is key here. The latest move in the stock isn't only tied to custom AI chips, or ASICs. It’s also about the hardware that shifts data inside and between AI data centers. That’s put focus on Marvell’s optical networking gear, switches, and interconnect products for data centers.
Flex shares trade higher ahead of addition to S&P 500 as index trackers set to purchase

Flex shares trade higher ahead of addition to S&P 500 as index trackers set to purchase

Flex Ltd. finished up on Thursday, ahead of its addition to the S&P 500 following the Juneteenth market break. Investors moved in before index funds adjusted their portfolios. U.S. stocks rallied, with the Nasdaq gaining 1.91% and the S&P 500 rising 1.08%, according to Reuters market data. Flex and Marvell Technology are set to join the S&P 500 before the open on Monday, according to S&P Dow Jones Indices. Flex will be dropped from the S&P MidCap 400. The moves are part of the quarterly rebalance that updates index lists.
Marvell shares gain with Amazon chip talks in focus

Marvell shares gain with Amazon chip talks in focus

Marvell Technology shares jumped Thursday, with investors eyeing Amazon’s potential move to grow its Trainium AI chip business. That could open up the market for custom silicon and Marvell’s high-speed networking gear. Shares ended the day up 7.27% at $310.58, Investing.com said. Bloomberg and TechCrunch both reported that AWS is talking with potential buyers to sell its Trainium chips for use in other companies’ data centers. Trainium is Amazon’s own AI chip, designed to power AI model training and inference.
AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Chips push Wall St higher, oil’s slide softens Fed hit

Chip stocks boosted Wall Street late Thursday morning, with U.S. indexes moving up as oil prices fell and some inflation worries cooled despite a firmer tone from the Federal Reserve. The Dow Jones Industrial Average added 0.36% at 11:23 a.m. ET, while the S&P 500 was up 0.91%. The Nasdaq Composite climbed 1.25%. Wednesday’s drop in stocks got traders’ attention, since it wasn’t minor and didn’t look like a blip. Stocks fell after the Fed left rates unchanged but suggested a possible rate hike ahead. When markets call a signal “hawkish,” they mean the Fed could push rates higher to deal with inflation.
Dow slips in New York after jobs data boosts rate-hike talk

Dow Gains as Chip Stocks Climb, Oil Drops; Fed Rate Concerns Linger

The Dow Jones Industrial Average gained Thursday after oil prices fell and chip stocks jumped, but the blue-chip index lagged behind the S&P 500 and Nasdaq. Investors remained cautious on the Federal Reserve’s hawkish tone. This move lands in the final full U.S. equity session before Juneteenth shuts trading Friday, with traders trying to price in sliding energy prices on a U.S.-Iran interim deal and a Fed that hasn’t ruled out higher borrowing costs. The New York Stock Exchange sets its core trading session from 9:30 a.m. to 4:00 p.m. ET, and lists Juneteenth National Independence Day as a Friday, June 19 market holiday in 2026.
Marvell trades higher ahead of S&P 500 debut, AI chip trade firms

Marvell trades higher ahead of S&P 500 debut, AI chip trade firms

Marvell Technology shares traded higher in early hours Wednesday, recovering some ground after dropping sharply on Tuesday. Investors bought back into chip names as the company’s S&P 500 entrance approached. Timing is key here. Marvell is now acting as a go-to name for the custom AI chip story, where “custom” means chips built for big clients, not off-the-shelf products. Added S&P 500 status can trigger buying from index funds.
Marvell Stock Rises as AI Momentum, Analyst Target Hike and S&P 500 Entry Lift MRVL

Marvell Stock Rises as AI Momentum, Analyst Target Hike and S&P 500 Entry Lift MRVL

Marvell Technology’s stock is back in focus after a sharp Monday move tied to the same forces that have powered the chipmaker’s 2026 rally: AI infrastructure demand, index buying and fresh analyst support. Shares closed Monday at $308.88, up 10.43%, according to MarketScreener’s MRVL quote page, while early Tuesday premarket trading showed some profit-taking around $305.26. The stock’s market value was about $276 billion, and its price/earnings ratio, or P/E — the share price divided by earnings per share — stood above 100, a level that signals investors are paying heavily for future growth. The latest spark came from the analyst side. MarketScreener reported Tuesday that GF Securities Co. Ltd. maintained its buy recommendation on Marvell and lifted its price target to $350 from $230. That helps explain why buyers are still chasing the stock after a steep run. At the same time, the broader consensus is less aggressive: MarketScreener’s analyst page listed a buy consensus from 44 analysts but an average target price of $235.70, below Monday’s close. That gap is the tension in the stock today. Bulls see Marvell as a core AI infrastructure winner; bears see a name that may already be pricing in years of execution.
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Stock Market Today

  • TSX, Venture, Alpha, Montréal Exchanges Shut July 1 for Canada Day
    June 30, 2026, 9:37 AM EDT. The Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, and Montréal Exchange will be closed July 1 for Canada Day. TMX Group runs all four markets. Trading resumes July 2. TMX Group also oversees the Canadian Depository for Securities and Canadian Derivatives Clearing Corporation. The closure marks the national holiday. TMX Group's head office is in Toronto, with locations across North America and overseas.
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