Closed
The Marked Chart Wire · Business
HotLumentum Acquisition
Reportedly, AMD, Intel, or Nvidia could submit takeover offers for Lumentum if Marvell's $71 billion all-stock proposal encounters skepticism. Such a bidding war might pressure Marvell to add cash to its deal.
Prices from Based on Wed, Nov 4 close · Opens Thu 9:30 AM ET. Each tile opens the stock's chart and news.
New to this? Read: Reading a stock chart
Marvell Lumentum
Jensen Huang is said to have given his approval for the proposed merger between Marvell Technology and Lumentum. The deal remains unconfirmed.
Arm
Arm reported quarterly earnings per share of $0.52 and revenue of $1.443 billion, both exceeding analyst expectations. The company's profit rose 33 percent year over year while sales increased 27 percent.
HotArm Holdings
Arm Holdings reported second-quarter adjusted earnings of 52 cents per share, exceeding the 47 cent estimate. The company guided third-quarter adjusted earnings to 52 to 60 cents, above the 55 cent forecast.
HotMercadoLibre
MercadoLibre reported third-quarter revenue of $10.75 billion, up 45 percent year over year, while net income came in at $448 million. The company also announced a partnership with Netflix for connected TV services in early 2027.
HotLumen Earnings
Lumen Technologies reported a third-quarter loss of $0.14 per share, better than the expected $0.24. Revenue came in at $2.71 billion, slightly below the $2.73 billion forecast.
HotQualcomm
Qualcomm is implementing price increases across its product lines to reflect rising semiconductor input costs, according to a company presentation.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.