source avatarMarkets Today

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

𝗦𝗣𝗫 𝟱𝟬𝟬 𝗜𝗻𝗱𝗲𝘅 𝗖𝗵𝗮𝗻𝗴𝗲 – 𝗝𝘂𝗻𝗲 𝟮𝟮, 𝟮𝟬𝟮𝟲 🔹 Marvell Technology ( $MRVL) – Semiconductor leader in AI infrastructure ( data center networking, custom ASICs, Ethernet). Added to S&P 500 amid AI boom. Shares rose ~5% in extended trading. 🔹 Flex ( $FLEX) – Electronics contract manufacturer serving major tech clients including Apple and Nvidia. Shares rose ~4% post‑announcement. 🔹 Replacements – Pool Corp ( $POOL) and Campbell’s Company ( $CPB) will be removed from the index. 𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗼𝗻𝘁𝗲𝘅𝘁 🔹 Addition continues trend of tech/AI names joining S&P 500 ( recent: Veeva, AppLovin, Datadog, DoorDash, Robinhood). 🔹 $MRVL momentum boosted by Nvidia CEO Jensen Huang, who called Marvell a potential “next trillion‑dollar company.” Nvidia also invested $2B in Marvell. #SP500 #Marvell #Flex #AI #Semiconductors #MarketUpdate

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.