MRVL Stock Slips After-Hours Despite Raised Multi-Year Outlook — Investors Weigh Thin Q2 Beat, Lower Q3 Margin Outlook

Chairman and CEO Matt Murphy said growth should speed up through the rest of fiscal 2027. Q2 revenue hit $2.739 billion, up 37% from a year earlier and above Wall Street estimate of $2.71 billion. “AI-related bookings remain exceptionally robust,” Murphy said.  For Q3, adjusted gross margin is expected to be 57.5%-58.5%, down from 58.9% … Read more

MRVL Stock Slips After-Hours Despite Raised Multi-Year Outlook — Investors Weigh Thin Q2 Beat, Lower Q3 Margin Outlook

Chairman and CEO Matt Murphy said growth should speed up through the rest of fiscal 2027. Q2 revenue hit $2.739 billion, up 37% from a year earlier and above Wall Street estimate of $2.71 billion. “AI-related bookings remain exceptionally robust,” Murphy said.  For Q3, adjusted gross margin is expected to be 57.5%-58.5%, down from 58.9% … Read more

Deora slams NYC Mayor’s opposition to Mohan Bhagwat’s event

Shiv Sena MP Milind Deora slammed NYC Mayor Zohran Mamdani’s opposition to an RSS event with Mohan Bhagwat, calling it ‘authoritarian.’ The controversy is over Bhagwat’s scheduled address to the Indian diaspora at Madison Square Garden in New York. Deora Hits Out at NYC Mayor’s ‘Authoritarian’ Stance Shiv Sena MP Milind Deora on Thursday hit … Read more

Vinesh Phogat slams PM Modi over ‘goons’ in sports federations

Congress MLA Vinesh Phogat slammed PM Modi, questioning his presence at events involving sports federations where she alleged his party’s ‘goons’ exploit women. This came after Modi’s call to expand India’s participation in the Olympics. Congress MLA and former Olympian Vinesh Phogat on Thursday took a dig at Prime Minister Narendra Modi over his participation … Read more

Punjab: Bittu slams AAP’s ‘education revolution’ as hollow claims

BJP’s Ravneet Singh Bittu hit out at Punjab’s AAP govt over its education initiatives. SAD’s Sukhbir Badal also slammed the govt over a mass leave protest by employees demanding pending DA arrears, which has impacted OPD services statewide. Bittu Criticises AAP’s ‘Education Revolution’ BJP leader Ravneet Singh Bittu on Thursday criticised the Aam Aadmi Party … Read more

Nepal on Alert for Next 72 Hours as China Warns of Possible New Flooding Amid Dammed Lake Risk

The danger from Nepal-Tibet floods may not be over, with China warning that rising water behind a debris blockage could trigger fresh flooding within the next 72 hours. A major glacier and rock collapse, rather than the 4.4 earthquake, caused the disaster. Unstable lakes, blocked rivers and fragile Himalayan infrastructure remain serious concerns. The deadly … Read more

CRM Stock Rips To 6-Month High In Biggest Single-Day Gain Since 2020: Analysts Call Salesforce Q2 ‘Narrative-Changing’

Wall Street analysts responded to Salesforce Q2 earnings with a wave of price-target hikes, with Raymond James setting the highest target at $310. CRM stock was on track for its biggest one-day gain since July 2020. Analysts said stronger bookings and growing Agentforce adoption could help Salesforce return to faster growth. Some analysts remain cautious, … Read more