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Marvell leads chip wreck unseen since the pandemic

Three trading days earlier, Marvell Technology (MRVL) had the market in awe. Nvidia chief executive Jensen Huang had stood on a stage in Taipei and called the chip designer “the next trillion-dollar company.” Traders responded… 

Major sector gets hit with surprising job cuts

School layoffs are spreading across California, and the cuts are no longer limited to one campus, one school district, or one type of employer in the education sector. Recent WARN notices filed with state officials,… 

Morningstar drops bombshell message on SpaceX IPO

The hype around SpaceX’s blockbuster IPO has been near-impossible to ignore. The company set a fixed price of $135 per share, is targeting a record $75 billion raise on the Nasdaq under the ticker SPCX,…