Volume Spike Investor

Marvell Technology Group Ltd. (NASDAQ: MRVL) is getting a real boost.  The communications chip maker (ergo designer, fabless) soared in after-hours trading after the company beat earning.  It also raised guidance to $0.33 to $0.39 EPS on revenue of $820 to $850 million, way above the $0.27 EPS and $779.6 million in revenues expected by [...]

Broadcom Corp. (NASDAQ: BRCM) is sitting on the sidelines of the market rally in tech stocks that beat earnings.   The communication chip maker posted earnings of $0.40 in non-GAAP EPS (was $0.16 in GAAP EPS) and a 20% revenue jump sequentially and 3.4% lower than a year ago to $1.254 billion.  Thomson Reuters estimates [...]

Amazon.com Inc. (NASDAQ: AMZN) is a screamer after the close after the online retail giant posted $0.45 EPS on a 27% revenue gain of $5.45 billion, Thomson Reuters was at $0.33 EPS and $5.03B in revenues.  The guidance was $8.12 to $9.12 billion vs. $8.12 billion estimates. FULL NEWS at 24/7 Wall Street.  AMZN: $107.56, [...]

Nothing looked that unusual today in shares of Broadcom Corp. (NASDAQ: BRCM).  At least not until we did an end of day screening.  The September PUT options were very active with over 20,000 contracts trading for that put options that expire on Sept. 18.  That is over 3-times normal volume and over 19,000 came from [...]

Emulex Corp. (NYSE: ELX) shares are up more than 2 percent in premarket trading, and are showing some early trading volume. The company’s board said late Monday that it will review the terms of a revised offer from Broadcom Corp. (Nasdaq: BRCM) to buy the company for $11 a share in cash. The stock is [...]

Nokia (NYSE: NOK) has issued another warning on its sales due to the weak consumer, buying of cheaper phones, holding phones longer and more…..  Nokia shares are down 12% at $12.37 pre-market, down from ayearly high of about $40.00.  If this price holds it will mark a 52-week low.  We have already seen over 2.8 [...]

We are seeing some select chip stock downgrades affecting shares negatively this morning.  We have shown the downgrades attached and the pre-market reactions seen so far this morning.

Marvell Technology (MRVL) was cut to Hold from Buy at Jefferies; shares down over 4% at $14.90 on more than 300,000 shares.
Broadcom (BRCM) was cut to Perform from [...]