After Hours Movers
MRVL reported earnings 2 cents ahead of estimates. Revenues grew +43% yr/yr. The stock, which has sold off hard lately, is currently trading $3 higher.
DELL reported in-line earnings, and it's stock is trading about $0.75 higher. They also said they would start using AMD chips in servers, which is really boosting AMD stock and weighing on shares of INTC.
CTRN beats earnings by $0.11 and raises guidance for FY07. Revenues rose +44% yr/yr. The stock is trading roughly $2 higher after hours.
FMCN beat by 8 cents, and also guided Q2 revenues higher. Their revenues rose +246% yr/yr. And the stock is up $2 after hours.
long INTC; net long MRVL