One of my favorite trading lessons price and fundamentals don’t always move together.
Marvell delivered:
- $2.739B Q2 revenue (+37% YoY)
- 79% of revenue from data centers
- Q3 guidance of $3.15B
- AI bookings still described as exceptionally strong
Despite all that, $MRVL dropped around 7% after hours.
The takeaway? When expectations are already sky-high, even excellent results can disappoint the market.
Keeping $MRVL on my BingX watchlist. 👀
Marvell delivered:
- $2.739B Q2 revenue (+37% YoY)
- 79% of revenue from data centers
- Q3 guidance of $3.15B
- AI bookings still described as exceptionally strong
Despite all that, $MRVL dropped around 7% after hours.
The takeaway? When expectations are already sky-high, even excellent results can disappoint the market.
Keeping $MRVL on my BingX watchlist. 👀
