Author: Daniel snow

[ad_1] Chewy CEO Sumit Singh reviewed the online pet supplies retailer’s most recent quarter in a Wednesday interview with CNBC’s Jim Cramer, and detailed strategy — namely a focus on scale, convenience and personalization.”Pets…is a super emotive category,” Singh said. “And in an emotive category like this, when you show up with being best in class in what we do — which is e-commerce — but then we deliver service levels that you can only expect at the best local neighborhood pet stores, it kind of is the best of two worlds.”Chewy posted quarterly results Wednesday before market open. The…

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[ad_1] In a Tuesday interview with CNBC’s Jim Cramer, Marvell Technology CEO Matt Murphy dismissed reports suggesting his company lost business from high-profile customers.”I can tell you this, from Tuesday to Friday, nothing changed,” Murphy said, referring to two reports that cropped up days after its earnings report. “We didn’t lose any business.” The semiconductor company beat the estimates last Tuesday and indicated demand for data center products will be strong over the next year. Marvell also announced plans to buy Celestial AI. The deal is worth at least $3.35 billion, and it could help Marvell scale its chip business.…

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