Consumer Tech (Oct 5-9): SpaceX Expands Wireless Ambitions, Amazon Cuts Jobs, OpenAI Reports Lower Revenue & More

Alibaba Stock Rises as China Limits Sell Orders

Alibaba Group Holding rise as U.S.-listed Chinese stocks climb on talk that Beijing intervened to calm the market.

Shares of U.S.-traded Chinese companies are trading higher amid speculation that China government authorities intervened to limit the placement of sell orders during Asia trading.

ALAB Expands PCIe Portfolio With Aries 7: Can it Beat MRVL & CRDO?

Astera Labs announced Aries 7, the industry's first PCIe 7 signal-conditioning portfolio for copper and optical interconnects, with initial sampling expected in Q4 2026. The company's PCIe 6 products generated over 50% of Q2 revenues with record Aries sales. For Q3 2026, ALAB expects revenues between $540-560 million, representing ~40% sequential growth. The company faces competition from Marvell Technology and Credo Technology in the AI connectivity space.

Prediction: $5,000 Invested in Credo Technology Could Be Worth This Much by 2029

Credo Technology, a semiconductor company specializing in AI data center connectivity solutions, has surged 52% in 2026. The article projects that a $5,000 investment could grow to approximately $7,450 by 2029 if the company achieves Wall Street's revenue targets of $5.1 billion and trades at a 12 P/S ratio. However, the analyst cautions that current valuations are rich at 23x P/S and recommends dollar-cost averaging rather than chasing momentum, as significant execution is required to justify expectations.

Why Is Marvell Technology Stock Gaining Friday?

Marvell (MRVL) stock trends up as analysts raise price targets following the company's long-term AI growth outlook. See technical levels.

Report: Nvidia Eyes Reflection AI Takeover as the AI Arms Race Heats Up

Nvidia is in talks to buy Reflection AI in its biggest deal ever. This deal comes after its recent acquisition of Hugging Face