Marvell Shares Rise, Google Warrant Imposes $120 Billion Buyout Hurdle

Shares of Marvell Technology, Inc. surged after the company offered Alphabet Inc. a pathway to acquire a significant equity interest. For investors, the figure that matters most is not the warrant’s $12.18 billion exercise value, but the $120 billion acquisition threshold that most of the shares are contingent upon.

Tesla Shares Dip 0.7% as Robotaxi Rollout Highlights 10.5-Fold Gap in Mileage

Tesla Shares Dip 0.7% as Robotaxi Rollout Highlights 10.5-Fold Gap in Mileage

Tesla shares ended Tuesday down 0.72% at $336.87. The stock’s decline continued despite reports of an August Cybercab rollout. Scaling remains the main challenge: Tesla has revealed around 380,000 paid unsupervised Robotaxi miles, in contrast to Alphabet’s Waymo, which logs about 4 million rider-only miles weekly. That represents a 10.5-times difference.
1 3 4 5 6 7 301

US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong buy

Alphabet

NASDAQ:GOOGL 92/100 • ★★★★½
#2 Strong buy

Taiwan Semiconductor Manufacturing

NYSE:TSM 89/100 • ★★★★½
#3 Buy

S&P Global

NYSE:SPGI 88/100 • ★★★★
#4 Buy on weakness

Amazon

NASDAQ:AMZN 86/100 • ★★★★
#5 Buy on weakness

Microsoft

NASDAQ:MSFT 84/100 • ★★★★
View full portfolio
Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

U.S. index futures reopen at 18:00 ET

This is the clearest scheduled U.S.-market price-discovery point today and can transmit weekend news into equity-index futures before Monday's cash session.

#2

New Zealand retail sales at 18:45 ET

The Q2 retail package can move NZD and regional risk sentiment. Spillover to U.S. assets is usually secondary unless the result is unusually large.

#3

No scheduled domestic U.S. data or corporate reports

The absence of U.S. releases, earnings, IPO pricings and split events leaves fewer scheduled catalysts, increasing the relative importance of weekend headlines and positioning at the futures reopen.

View full calendar
Times and estimates may change. Verify before trading.