Story perspectives
Market Dips as Dell and Marvell Stocks Plummet
8/29/2025
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Story summary
- The S&P 500 is expected to open lower after hitting a record high.
- Dell shares declined 7% despite positive earnings and an improved revenue outlook.
- Marvell Technology's stock fell nearly 14% following disappointing results.
- PepsiCo raised its stake in Celsius Holdings to 11%.
- Affirm shares rose 16% after strong quarterly results; Ulta Beauty exceeded sales expectations and raised its full-year outlook.
