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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

  1. 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.

  2. 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.

  3. 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.

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The story so far

  1. Morgan Stanley, TD Cowen Back SpaceX as Starlink Tops 12 Million · Benzinga
  2. TD Cowen Raises NetApp Price Target to $250, Keeps Buy · Benzinga
  3. Trade Deficit Widens, Fed Hiring, Analyst Moves · Benzinga
  4. Marvell Upgrade, Frasers Takes Under Armour Stake (this story)
  5. AVGO's 9:30 Candle: Down 0.16%, 1.6x Normal · Benzinga
  6. Big Ten Says No Expansion; Cowboys QB Breaks Down a TD · ESPN
  7. TD Bank Gets Approval for C$10 Billion Share Buyback · Seeking Alpha
  8. 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