S&P 5007,580.07▼1.8% Nasdaq25,437.00▼2.9% Dow51,770.31▼1.1% Russell 2K2,811.84▼1.7% 10-Yr4.93%−6bp VIX19.42+2.22 WTI$102.95▲0.9% Gold$3,884.90▼3.6% EUR/USD1.118▲0.2% BTC$77,298▼1.2% Nikkei64,659▲1.1%
At close · Sat, Oct 31, 2026
Daily Market Updates.

US Markets

Home›US Markets›Equities›Marvell to buy Lumentum in all-stock deal, a massive b…

Marvell to buy Lumentum in all-stock deal, a massive bet on AI connectivity

Reported · Written up by our desk · Equities

The AI infrastructure deal is expected to close during the first half of 2028.

← Newer storyAdam Back: Pension Funds Are Bitcoin’s “Third Wave” of Adoption

More like this

US MarketsDOJ asks Supreme Court to block California counting disputed mail-in ballots
US MarketsFed will vote on rates less often. What that could mean for borrowers
US Markets6 dividend stocks for investors who want to cut their exposure to the S&P 500
US MarketsThese tech stocks got unfairly swept up in last week’s selloff, analysts say
US MarketsStock market after midterm elections: What S&P 500 history shows

Sources

CNBC MarketsMarvell to buy Lumentum in all-stock deal, a massive bet on AI connectivity

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.