
AI Rebound vs. Post-Earnings Drop
$MRVL (+10.4%) is bouncing back aggressively after a two-day slump, tracking positive momentum in AI and data centre demand following Analog Devices' latest beat.
On the other hand, $TJX (-4.3%) is pulling back despite raising full-year guidance. Meanwhile, $ESS (-9.0%) takes the hardest hit on the board, extending a recent stretch of weakness.
Other notable movers:
$EL (+12.7%),$MRNA (+11.4%), $MRK (+7.2%),$HONA (+4.4%), a mixed bag of stock-specific catalysts across cosmetics, pharma, and industrial names with no single sector trend driving the group.
Please share your thoughts, would help me understand this better.