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Marvell Technology Inc. (MRVL) stock rose nearly 10% after the company announced ambitious long-term revenue goals at its Investor Day, projecting a path to $70 billion to $90 billion in annual revenue by fiscal 2031. The company also raised its fiscal 2028 revenue forecast.
Retail traders focused on Moderna, Walmart, Strategy, Broadcom and SpaceX this week, with Moderna on positive Phase 3 cancer vaccine data, Walmart on fiscal second-quarter results, and Strategy on a stock sale and unchanged Bitcoin holdings.