End of Day Bulletin: MRVL, GOOGL, ABVX and Others

End-of-Day Market Highlights

Another noteworthy day has passed for investors. Marvell Technology's (MRVL) new initiatives and strategic moves from other major companies are on the agenda. Here are the main developments highlighted in our end-of-day bulletin.

MRVL's Investment Move

Marvell Technology has announced the Golden Cable initiative aimed at developing Active Electrical Cables (AEC) for hyper-scalers to strengthen its artificial intelligence infrastructure. This move aims to increase competition in the tech market.

GOOGL and SPGI Collaboration

S&P Global (SPGI) announced that it has entered into a significant strategic collaboration agreement with Alphabet’s (GOOGL) Google Cloud unit. This collaboration aims to expand in the fields of data analysis and cloud services.

ABVX Acquisition Talks

Eli Lilly (LLY) is considering the acquisition of the French biotechnology company Abivax (ABVX). This potential acquisition could support Eli Lilly’s growth strategy in the biotechnology sector.

MSFT's Major Investment

Microsoft (MSFT) announced that it will invest a total of $17.5 billion between 2026 and 2029 to strengthen India's cloud and artificial intelligence infrastructure. This investment is expected to accelerate digital transformation in the region.

SASA and Erdemoğlu Holding

Erdemoğlu Holding sold 18,000,000 shares it owns in Sasa Polyester (SASA) at a price of 2.92 TL to two institutional investors. At the same time, it closed its position by purchasing futures contracts.

MLP Health and Private Hospital Entry

MLP Health (MPARK) has acquired the Private Istanbul Oncology Hospital. This strategic move aims to further grow the company in the healthcare sector.

FONET's Tender Success

Fonet Bilgi Teknolojileri (FONET) has successfully won the “36-Month Health Information Management System Service Procurement” tender from Gülhane Training and Research Hospital for 77.97 million TL.

The information provided here does not constitute investment advice. It is important to make investment decisions based on your own research.