• 3
  • Comment
  • Favorite

24H|Credo Technology Jumps 4%; Marvell, Amazon Rise 3%; Lucid, ARM up 2%

Tiger Newspress08:14

Marvell Technology stocks jumped 3% in overnight trading after soaring 6% in the previous trading day

Amazon.com stocks rose 3% in overnight trading.

Amazon said on Monday that it will invest up to $25 ​billion in Anthropic, as the AI startup commits to ‌spending more than $100 billion over the next 10 years on Amazon's cloud technologies.

The deal deepens the two firms' relationship as Anthropic rushes to secure capacity ​to bolster its models.

Credo Technology Group Holding Ltd rose 4% in overnight trading.

Lucid Group Inc, ARM Holdings rose 2% in overnight trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24