Marvell just impressed Wall Street with ‘good numbers plus a better story’
Marvell’s stock is popping after the company not only delivered with its financial forecasts but also demonstrated its diversified mix of customers and products.
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Stocks Rally on the Favorable US PPI Report
The S&P 500 Index ($SPX) (SPY) on Thursday rose +0.65%, the Dow Jones Industrial Average ($DOWI) (DIA) rose +0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) rose +1.15%. September E-mini S&P futures (ESU26) rose +0.68%, and September E-mini Nasdaq futures (NQU26) rose +1.18%. Stocks rallied on the favorable PPI report, which prompted a -4 bp decline in the 10-year…
Codis Completes Acquisition of Catalent’s Nottingham, UK Facility, Expanding Europe’s Premier Spray Dry Network
Acquisition adds oral solid dose development and small‑scale commercial manufacturing, expanding Codis’ integrated spray dry offering in Europe Nottingham team brings more than two decades of formulation and clinical supply expertise into the Codis organization Combined with Codis’ commercial‑scale PSD‑4 investment in Haverhill, UK, the acquisition establishes the region’s most comprehensive spray dry pathway from…
Prime Capital Sells Minority Stake to Carlyle as Abry Exits
Prime Capital, an Overland Park, Kan.-based registered investment advisor overseeing about $40 billion in client assets, has recapitalized with a minority stake from private equity firm The Carlyle Group. Prime Capital and its previous minority investor, Abry Partners, went to market to seek an exit for Abry and an opportunity for investors beyond the firm’s…
Eric Trump, Alex Sapir Pitch Trump Tower Tbilisi
When Donald Trump led the Trump Organization, he licensed his name to developer Tamir Sapir for the 46-story Trump Soho hotel-condo. That was two decades ago. Sapir died in 2014. Trump’s serving his second term as president after putting his real estate assets in a trust during his first stint in office. Now, the firm,…
Meta’s stock roars back to life as it notches its best week in years
Investors are bullish on Meta’s new low-cost AI pricing and infrastructure plans.
Canada trade war could push inflation higher: Fed official
A trade fight with inflationary weight The standoff intensified Saturday when the US began imposing 50% tariffs on Canadian products after negotiators failed to strike a deal. US Trade Representative Jamieson Greer confirmed no new talks were scheduled. Canadian Prime Minister Mark Carney responded with plans for retaliatory tariffs, targeting steel, dairy, appliances, agricultural equipment, pulp, paper, and…
