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Marvell Eyes $15 Billion Revenue by Fiscal 2028 on AI Data Center Surge
Marvell Technology projects significant revenue growth, driven by AI data center demand and custom chip solutions. Shares surged on the optimistic outlook.
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Oil Surge to $81 Amid Iran Conflict Rattles Global Markets
Global markets face significant downturn as oil prices hit over $81 a barrel due to the escalating Iran conflict, impacting stocks and potentially the global economy.
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Marvell Technology Surpasses Revenue Estimates on AI Demand
Marvell Technology forecasts strong Q1 revenue driven by soaring demand for custom AI data center semiconductors, signaling a shift in the AI chip market.
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Marvell Surpasses Q1 Revenue Estimates Fueled by AI Data Center Demand
Marvell Technology's Q1 revenue exceeds expectations, driven by a surge in AI-powered data center chip demand from major tech players investing heavily in AI infrastructure.
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UAE Financial System Stable Amid Regional Attacks, Central Bank Assures
UAE Central Bank Governor Khaled Mohamed Balama confirms the nation's financial system, including banks and insurers, remains fully operational and resilient despite recent regional missile and drone attacks.
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Ripple Prime Adds Coinbase Crypto Futures to $3 Trillion Venue
Ripple's institutional platform, Ripple Prime, now offers clients access to Coinbase's regulated crypto futures, including Bitcoin, Ether, Solana, and XRP.
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Canada's 'Buy Canadian' Policy Could Cost Taxpayers $12 Billion Annually, Study Warns
A new study indicates Canada's 'Buy Canadian' procurement policy may inflate infrastructure project costs by over $12 billion each year, impacting taxpayers and reducing competition.
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Global Markets Reel as Iran Conflict Sparks Oil Rally, Bond Selloff
Equities plunge and bonds weaken as escalating tensions with Iran drive oil prices higher and create market uncertainty.