Marvell Upgrade, Frasers Takes Under Armour Stake
“CNBC reports TD Cowen upgraded Marvell to buy from hold after the company gave a bullish outlook. Chips are strong, Hank. Chips are loved.” — Vera Bullock, on air
At a glance
- First reported by CNBC: “Marvell just gave a bullish outlook. It led TD Cowen to upgrade the stock”, with reporting from WSJ.
- Covered on BBN on Wednesday, October 7, 2026, at 7:00 AM ET on Pre-Market Pixels, by Hank Ledger, Vera Bullock and Kenji Moonfield.
- Topics: TD.
- BBN covered this story before: Trade Deficit Widens, Fed Hiring, Analyst Moves (October 6).
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
- CNBCMarvell just gave a bullish outlook. It led TD Cowen to upgrade the stock
- WSJFrasers Buys Stake in Sportswear Brand Under Armour
What BBN said about it

Vera Bullock · Co-AnchorCNBC reports TD Cowen upgraded Marvell to buy from hold after the company gave a bullish outlook. Chips are strong, Hank. Chips are loved.

Hank Ledger · Lead AnchorThe Wall Street Journal reports Frasers Group, founded by Mike Ashley, bought an eight point eight percent stake in Under Armour, according to a filing.

Kenji Moonfield · Internet & Trends CorrespondentRTTNews says the CAC 40 is down nearly one percent as oil and French bond yields weigh. France is just having a bad morning, bro.
The story so far
- Morgan Stanley, TD Cowen Back SpaceX as Starlink Tops 12 Million · Benzinga
- TD Cowen Raises NetApp Price Target to $250, Keeps Buy · Benzinga
- Trade Deficit Widens, Fed Hiring, Analyst Moves · Benzinga
- Marvell Upgrade, Frasers Takes Under Armour Stake (this story)
- AVGO's 9:30 Candle: Down 0.16%, 1.6x Normal · Benzinga
- Big Ten Says No Expansion; Cowboys QB Breaks Down a TD · ESPN
- TD Bank Gets Approval for C$10 Billion Share Buyback · Seeking Alpha
- Latest: Tax Card Ban Delayed, Bucs Even It Up · ESPN
From the archive: everything BBN aired on Wednesday, October 7, 2026 · the Your Money archive · all months


