Marvell shares fall as chipmaker forecasts downbeat first-quarter results on weak enterprise demand

The Marvell Technology Group Ltd. headquarters building stands in Santa Clara, California, U.S., on Tuesday, Feb. 8, 2011. David Paul Morris | Bloomberg | Getty ImagesMarvell Technology forecast first-quarter results below market expectations on Thursday, hurt by weak demand for its custom chips used in artificial intelligence applications, sending the...

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Victoria’s Secret shares plunge as shrinking demand hits sales forecasts

Victoria's Secret & Co. at the New York Stock Exchange, September 7, 2021.Source: NYSEVictoria's Secret shares plunged about 29% premarket on Thursday after the lingerie brand forecast weaker annual sales following a sluggish start to the year as shoppers in its key North America market switch to cheaper options.The company, popular for its PINK...

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Stocks making the biggest moves after hours: AVGO, COST, MDB

Check out the companies making headlines in after-hours trading. Broadcom — Shares dipped 3% after the semiconductor company posted full-year revenue guidance that was in line with analysts' expectations, per LSEG. For the fiscal first quarter, Broadcom reported adjusted earnings of $10.99 per share, while analysts while analysts polled...

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Costco (COST) Q2 2024 earnings

Mandel Ngan | Afp | Getty ImagesCostco on Thursday missed Wall Street's revenue expectations for its holiday quarter, despite reporting year-over-year sales growth and strong e-commerce gains.Shares of the retailer fell about 4% in aftermarket trading. The retailer's stock had hit a 52-week high earlier in the day.The company...

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