MARVELL $MRVL JUST REPORTED Q1 EARNINGS AND RAISED ITS REVENUE OUTLOOK ON EXCEPTIONAL AI BOOKINGS
- Revenue: $2.42B vs $2.40B est ๐ข
- Adj EPS: $0.80 vs $0.79 est ๐ข
- Gross Margin: 52.1%
Q2 guide:
- Revenue: $2.70B vs $2.60B est ๐ข
- Gross Margin: 52.1%-53.1%
Management: "Seeing exceptional AI-related bookings, significantly raising revenue outlook for both fiscal 2027 and fiscal 2028."
WE ARE NOT IN A BUBBLE.
KOSPI just hit $8,455, a new all-time high.
The South Korean version of the S&P 500 is being driven mostly by AI and memory stocks.
This is happening while:
- The Strait of Hormuz is closed
- Oil is at $92
- The US-Iran conflict is still not cooling down
Nothing has been solved.
But the most crowded part of the market keeps going higher anyway.
We have seen this before.
Markets ignore obvious risk and hide in the same trade now.
This will have only a violent ending.
Ask yourself: Does this feel like a bubble?
๐จHEADS UP: 99% OF YOU WILL OVERLOOK THIS
๐บ๐ธ $SPCX IPO COULD BE THE BIGGEST PLAY FOR REGULAR FOLKS THIS CYCLE...
Back in 2016, Tesla bought SolarCity, and $TSLA shot up 3,320% over 5 years.
$10,000 ๐กข $332,000
Now SpaceX is looking to merge with Tesla.
This might be one of the biggest moments in stock market history...
For sure it'll be bigger than the SolarCity deal.
Most people won't even think about it.
But my crew will.
SK Hynix just joined the $1 trillion market cap clubโonly the 15th company ever to do it. It's also the third Korean chipmaker to hit that milestone, after TSMC and Samsung. And on Tuesday, both MU and SK Hynix crossed the $1T mark. https://t.co/9g3uzYQUKw