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Marvell postpones investor day, CrowdStrike layoffs, Tesla sales
Marvell Technology (MRVL) postpones its investor day until 2026. Cantor Fitzgerald analysts downgrade the stock to neutral. CrowdStrike (CRWD) is laying off 5% of its workforce as the cybersecurity company reaffirms its guidance for fiscal 2026.
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Marvell Technology's valuation and long-term growth potential make it a solid investment, despite recent underperformance.
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