[at MarketWatch] - The Facebook initial public offering frenzy is being driven by one factor alone: greed, writes Jon Friedman.

Hewlett-Packard is reportedly planning to cut as many as 30,000 jobs. Tech sector sinks ahead of Facebook IPO.

All right guys, ask me anything.

–Marvell reports better-than-expected 1Q revenue, EPS –Chip maker also initiates a dividend and boosts its stock buyback –Says it’s benefiting from smartphone demand in China (Updates throughout with additional details.) Marvell Technology Group Inc. MRVL reported better-than-expected fiscal first-quarter results, boosted its share-repurchase plan and initiated a dividend as the chip maker benefits from strong demand for its processors in Chinese smartphones and a recovering hard-disk drive industry.

–Bridgeway Blue Chip 35 Index fund offers balanced blend of large-cap stocks –Fund’s investments are roughly equal weighted –Expenses are well below average for comparable funds Bridgeway is dishing up a balanced blend of megacap stocks. The Bridgeway Blue Chip 35 Index BRLIX mutual fund creates its own benchmark of stocks constructed to provide a lower-risk and low-fee alternative to core holdings like the Standard & Poor’s 500-stock index.

–ARM CEO expects licensees to capture about 10% to 20% of notebook PC market by 2014 or 2015 –CEO thinks Intel’s smartphone market share will be limited –CEO says pricing for ARM-based chips in PCs will be comparable to smartphone chip pricing NEW YORK -(MarketWatch)- The chief executive of ARM Holdings PLC (ARMH, ARM.LN) expects companies making chips based on its technology to capture a bigger percentage of the notebook PC market than rival Intel Corp.

) is using a larger screen on the next-generation iPhone.

.O> and turmoil in the bank sector garnering the spotlight in recent months, one group managed to fly under the radar despite strong gains - retailers. Since hitting a 13-month low in …

LTN believe Apple is a “strong buy” in the 500-520/shr range, and can be bought in here between 530-550. The firm has a target price of 800 which we believe will be met by the end of January 2013, a 50% gainer on the stock if we are right. The reason …

) plans to power its main U.S. data center entirely with renewable energy by the end of this year, taking steps to address longstanding environmental concerns about the rapid expansion of high-consuming computer server farms.