Alibaba and Marvell Stocks Move After Earnings Reports

Alibaba's earnings report shows a rise in the company's stock, while Marvell's earnings report causes its stock to sink. The Fly provides real-time stock market reporting and analysis on TipRanks.

Alibaba Group (BABA) stock traded lower on Thursday, with a closely watched earnings report for the Chinese technology giant due tomorrow morning. The stock has rallied more than 40% this year, but recent gains have stalled amid concerns about the Chinese economy, U.S. restrictions on AI processors, and broader trade tensions. Analysts polled by FactSet project that Alibaba's earnings for the June quarter will decrease 13% year-over-year to 14.16 yuan per American depositary share, or $1.98 per share. Sales are expected to rise 3.5% overall to 251.45 billion yuan, or $35.15 billion [1].

Marvell Technology shares fell 16.3% after the company's Q2 results were overshadowed by Q3 revenue guidance that fell short of market expectations. The company reported record Q2 revenue of $2.01 billion, up 58% year-over-year, but expects Q3 revenue of $2.06 billion, below analyst projections of $2.11 billion. Marvell's CEO Matt Murphy highlighted the company's engagement in over 50 custom AI design opportunities with more than 10 customers [2].

Investors will be closely monitoring Alibaba's earnings report to see if it can restart its stock rally or confirm investor fears that have kept the stock trading below 52-week highs from March. Alibaba's AI investment, particularly in its cloud business, and the impact of increased competition in the food delivery sector are key areas of focus [1]. Marvell's long-term prospects remain cautiously optimistic, but the company must scale its AI-driven growth without sacrificing profitability [2].

References:
[1] https://www.investors.com/news/technology/alibaba-stock-earnings-preview-q2-2025/
[2] https://www.ainvest.com/news/marvell-technology-shares-plummet-q3-sales-guidance-2508/