Marvell Technology (MRVL) Gains But Lags Market: What You Should Know

Marvell Technology (MRVL) closed at $30.70 in the latest trading session, marking a +0.99% move from the prior day. This move lagged the S&P 500’s daily gain of 1.48%. At the same time, the Dow added 2.21%, and the tech-heavy Nasdaq gained 0.77%.

Investors will be hoping for strength from MRVL as it approaches its next earnings release. In that report, analysts expect MRVL to post earnings of $0.14 per share. This would mark a year-over-year decline of 12.5%. Our most recent consensus estimate is calling for quarterly revenue of $676.13 million, up 2.06% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $0.85 per share and revenue of $2.96 billion, which would represent changes of +28.79% and +9.58%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for MRVL. These recent revisions tend to reflect the evolving

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Computer formula ‘could speed up finding people lost at sea and save thousands of lives’

A new computer algorithm could speed up the process of finding people lost at sea, potentially saving thousands of lives, researchers have said.

Every year, thousands of people die at sea in ship and plane accidents, and finding them rapidly is crucial as survival chances plummet after six hours.

The algorithm combines movement patterns with data about ocean currents, making it far faster to track down objects or people lost in the sea.

Read more: Man lost at sea survives because of his jeans

Professor George Haller, of the Swiss Federal Institute of Technology, Zurich (ETH), said: “Our hope is this method will become a standard part of the toolkit of coast guards everywhere.”

The researchers identified paths along which objects on the surface of the sea tend to float – and checked their theories using U.S. Coast Guard data.

They found that buoys and manikins thrown into the

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Has NVIDIA (NVDA) Outpaced Other Computer and Technology Stocks This Year?

Investors focused on the Computer and Technology space have likely heard of NVIDIA (NVDA), but is the stock performing well in comparison to the rest of its sector peers? Let’s take a closer look at the stock’s year-to-date performance to find out.

NVIDIA is one of 613 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. NVDA is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90

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New Expertise News

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