News

Glonghui, May 27 — Marvell Technology (MRVL.US) rose 5.5% pre-market to $219.72. According to reports, Marvell Technology will release its first-quarter financial report after the market close today. Analysts generally expect quarterly revenue to reach $2.41 billion, a 26.8% increase from $1.9 billion in the same period last year. The consensus forecast for adjusted earnings per share is $0.79, higher than $0.62 in the same period last year.

According to a survey by UBS and the Swiss CFA Society, Swiss investor sentiment in May improved from -30.3 in May 2025 to -11.1.The index rose by 19.2 points compared to the previous month, reflecting a more optimistic outlook than previous readings, but it remains in negative territory.About 75% of analysts expect Switzerland's economic conditions to remain unchanged over the next six months. UBS noted that although the domestic outlook is more stable, inflation expectations remain high, especially outside Switzerland.The current situation indicator for May stood at +9.1, while the expectations indicator was -2.8.

(1) Italy's industrial turnover in March increased by 2.0% month-over-month, marking the largest rise in six months and accelerating from February’s revised 0.5%. (2) Domestic sales rebounded sharply (up 2.3%, compared to February’s 0.2% decline), offsetting the slowdown in foreign sales (up 1.5%, compared to February’s 1.8% increase). (3) On an annual basis, industrial turnover adjusted for calendar effects soared by 4.4%, up from a 0.5% increase in the previous month, driven by strong growth in both domestic (up 4.5%, previous value 0.4%) and foreign (up 4.1%, previous value 0.7%) sales. (4) By sector, energy recorded robust growth of 25.3%, capital goods rose by 5.8%, intermediate goods increased by 4.9%, while consumer goods fell by 1.4%. (5) Meanwhile, service sector turnover increased by 1.3% month-over-month after a 0.1% decline in February, mainly supported by a recovery in wholesale trade (up 2.1%, previous value a 0.1% decrease).