Marvell and 7 Other Stocks That Explain the Market Today -- Barrons.com

Dow Jones18:47

By George Glover

The momentum trade may not last forever -- but there was no sign of it slowing down early Wednesday.

The chip and tech stocks that have powered the market to record highs in recent weeks were racking up further gains as the artificial-intelligence investing boom raged on.

Marvell Technology jumped 5.7% ahead of the chips and networking company's first-quarter earnings, due after the closing bell. Micron Technology added 6.3% to trade at $952.10 after the memory-chip maker's valuation topped $1 trillion on Tuesday. Barclays raised its price target for Micron to $1,175 from $675 on Wednesday.

Satellite companies Iridium and ViaSat rose 6.9% and 6.6%, respectively, as excitement built for SpaceX's looming IPO.

Software and cybersecurity stocks have been laggards all year due to concerns about how AI could upend those industries. The misery looked set to continue on Wednesday, as Zscaler slumped 24% following disappointing sales guidance.

CrowdStrike, Palo Alto Networks, and SentinelOne were among the other cybersecurity stocks caught up in the selloff.

Write to George Glover at george.glover@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 27, 2026 06:47 ET (10:47 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Micron Technology added 6.3% to trade at $952.10 after the memory-chip maker's valuation topped $1 trillion on Tuesday. Barclays raised its price target for Micron to $1,175 from $675 on Wednesday. \n</p>\n<p>\n  Satellite companies Iridium and ViaSat rose 6.9% and 6.6%, respectively, as excitement built for SpaceX's looming IPO. \n</p>\n<p>\n  Software and cybersecurity stocks have been laggards all year due to concerns about how AI could upend those industries. The misery looked set to continue on Wednesday, as Zscaler slumped 24% following disappointing sales guidance. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/CRWD\">CrowdStrike</a>, <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a>, and <a href=\"https://laohu8.com/S/S\">SentinelOne</a> were among the other cybersecurity stocks caught up in the selloff. \n</p>\n<p>\n  Write to George Glover at george.glover@dowjones.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. 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Micron Technology added 6.3% to trade at $952.10 after the memory-chip maker's valuation topped $1 trillion on Tuesday. Barclays raised its price target for Micron to $1,175 from $675 on Wednesday. \n\n\n  Satellite companies Iridium and ViaSat rose 6.9% and 6.6%, respectively, as excitement built for SpaceX's looming IPO. \n\n\n  Software and cybersecurity stocks have been laggards all year due to concerns about how AI could upend those industries. The misery looked set to continue on Wednesday, as Zscaler slumped 24% following disappointing sales guidance. \n\n\nCrowdStrike, Palo Alto Networks, and SentinelOne were among the other cybersecurity stocks caught up in the selloff. \n\n\n  Write to George Glover at george.glover@dowjones.com \n\n\n   This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 27, 2026 06:47 ET (10:47 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2638501495","isCrawlerRequest":true}