By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Stocks making the biggest moves premarket: Marvell Technology, Hewlett Packard Enterprise, Victoria’s Secret & more
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Finance > Stocks making the biggest moves premarket: Marvell Technology, Hewlett Packard Enterprise, Victoria’s Secret & more
Finance

Stocks making the biggest moves premarket: Marvell Technology, Hewlett Packard Enterprise, Victoria’s Secret & more

Last updated: June 2, 2026 5:01 pm
9 hours ago
Share
SHARE


Check out the companies making headlines before the bell: Marvell Technology — Shares surged 25% after Nvidia CEO Jensen Huang said Marvell could be the next trillion dollar company . Hewlett Packard Enterprise — The information technology stock surged 25% after Hewlett Packard posted current-quarter earnings and revenue guidance that topped analysts’ estimates. The company also raised its full-year earnings guidance and topped consensus expectations. Victoria’s Secret — The lingerie retailer raised its full-year guidance after beating fiscal first quarter earnings expectations, citing lower tariff costs. Victoria’s Secret is now anticipating full-year sales between $7.03 billion and $7.13 billion, up from a previous range of between $6.85 billion to $6.95 billion. Credo Technology — Shares fell 3% despite Credo, which produces cables and chips to connect powerful AI computers, reporting a fourth-quarter beat on both the top and bottom lines. The company posted adjusted earnings of $1.16 per share on revenue of $437 million, beating the earnings of $1.03 and $432 million in revenue that analysts were expecting, per LSEG. Credo also shared current-quarter revenue guidance that beat the consensus forecast. Microchip Technology — The semiconductor stock rallied 12% after Microchip released revenue information for its data center solutions business unit. The unit generated $302.7 million in revenue in 2025, and Microchip sees the top line growing by about 65% this calendar year. Revenue for the quarter ending March 2026 was also up 62.9% from the prior year’s quarter. — CNBC’s Lisa Kailai Han contributed reporting



Source link

You Might Also Like

Traders say Karen Bass and Spencer Pratt will advance to runoff in high-profile L.A. mayoral race

Goldman Sachs CEO David Solomon says markets are in ‘greed’ mode as AI companies seek billions

Greg Abel channels Buffett’s dealmaking style in nearly $17 billion spree, expanding into tech

Job openings in April surged to 7.6 million, the highest in nearly two years

Polymarket closes its first block trade as prediction markets push for Wall Street adoption

TAGGED:Breaking News: MarketsBusinessBusiness NewsCredo Technology Group Holding LtdEconomyHewlett Packard Enterprise CoMarket InsiderMarketsMarvell Technology IncMicrochip Technology IncNVIDIA Corpregwall-proStock marketsVictoria's Secret & Co
Share This Article
Facebook Twitter Email Print
Previous Article Access Denied
Next Article Access Denied
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS