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AI Stocks Fall After Soft Outlook From Marvell Technology | Global News Avenue

AI Stocks Fall After Soft Outlook From Marvell Technology

Key Points

  • The S&P 500 fell 1.8% on Thursday, March 6, 2025 as investors responded back and forth to U.S. trade policy and waited for Friday’s job report.
  • AI-related stocks lost ground after chip maker Marvell Technology, questioning the doubts about AI BOOM.
  • Stocks of agribusiness Archer-Daniels-Midland recovered from tariff-driven declines.

As U.S. trade policy remains the focus of vigilant investors, U.S. stock index declined.

Uncertainty surrounding the Trump administration’s tariff ruling has put a shadow on stock markets, despite an announcement that certain commodities in Mexico will be Postponed to April. Entering the last week of the week, the Bureau of Labor Statistics will turn to the labor market Release its February work report Friday morning. index The sluggish recruitment has caused concerns about economic strength in recent days.

The S&P 500 fell 1.8% on Thursday. The Dow Jones index fell 1%, while the tech industry weakness put pressure on the Nasdaq, which fell 2.6%.

After semiconductor maker Marvell Technology, stocks of companies exposed to artificial intelligence technology moved lower (MRVL) If Incredible prospects In the first quarter. Although sales and profit forecasts roughly meet consensus expectations, Bank of America analysts noted that they already expect prospect Reflecting more important AI-driven growth. Marvell shares almost 20%.

Marvell’s silent predictions for many AI-related stocks. Stock of Palantir Technologies, a provider of data analysis softwarebacteria), which makes the wave of AI passion the top of last year S&P 500 Performers, the most among the most stocks in the benchmark index, lost 10.7%. The decline extends recent sell-offs to the stock Regulatory application It shows that CEO Alex Karp intends to sell most of his stake in the company.

Texas-based power generator viscosity stock (vst) In 2024, this also achieved huge gains, down 9.8% due to optimism about opportunities in AI data centers. With core utility constellation energy (Branches) Benefited from AI’s enthusiasm, down 9.4%.

Netflix (NFLX) Research firm Moffettnathanson predicts that the video streaming giant’s subscriber growth will slow, with shares down 8.5%. According to analysts, Netflix’s strong subscriber increase in recent times stems from the service’s crackdown on password sharing, and streaming is unlikely to continue to grow its paid customer base on the same trajectory.

Marketaxess Holdings(Mktx), operate a digital trading platform Fixed Income Securitiesannounced year-on-year growth and average daily growth for the month, underscores the strength of emerging markets and Eurobondsdespite the soft credit of the United States. Marketaxess shares rose 5.3%, ensuring S&P’s highest daily performance in 500 years.

Shares of agribusiness Archer-Daniels-Midland (am) rose 4.9%, recovering from losses suffered in the past week, a concern over the impact of tariffs on the agricultural industry. Report says Trump administration may be considering engraving For agricultural products that help drive ADM turnover, the tariff probation announced Thursday afternoon includes exemptions from importing Canadian potash fertilizer, a major fertilizer ingredient.

fixed(Quickly) stock rose 4.5% after manufacturers of industrial fasteners and adhesives reported daily sales growth in February. Jefferies analysts reportedly stressed the strength of Fastenal’s industrial market.

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