Episode 2026-05-28

You're listening to Seven Horns A I — your A I-powered market briefing. Good morning, or good afternoon depending on where you are. Today is Wednesday, May twenty-seventh, two thousand twenty-six, and we're diving into the latest market activity, particularly focusing on Marvell Technology. For our top movers today, Marvell Technology experienced a notable pullback. Despite what might be seen as a positive earnings report, the stock dropped four point five nine percent in the regular session. It saw a further decrease of one point three nine percent after hours, settling at approximately one hundred ninety-five dollars and ninety-four cents. This follows a significant rally in the month leading up to the announcement, where shares had climbed thirty percent. Now, let's break down the key news themes from Marvell Technology's recent earnings scorecard. The company reported non-G A A P earnings per share of sixty-two cents, beating estimates of sixty-one cents. Revenue came in at one point nine billion dollars, slightly above the one point eight eight billion dollar estimate. The beat was narrow, just a penny on E P S and twenty million dollars on the top line. The story for Marvell Technology continues to be A I and data centers. Revenue hit one point nine billion dollars, marking an impressive sixty-three percent year-over-year growth and four percent sequentially, driven almost entirely by A I infrastructure demand. Other non-data-center segments are now essentially roun