10 Top-Traded US Stocks: Amazon announces 20-for-1 stock split and $10 billion buyback plan
Stock futures were little changed in overnight trading Wednesday after the major indexes posted sharp gains as commodity prices cooled.
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1. The top U.S. securities regulator asked a judge for permission to distribute $40 million to investors it obtained in a 2018 civil settlement with Elon Musk and $Tesla(TSLA.US$ Inc that resolved a fraud charge and required Musk to obtain advance approval for some tweets.
2. $Amazon(AMZN.US$ shares are moving sharply higher in after-hours trading after the e-commerce and cloud-computing giant declared a 20-for-1 stock split and announced an expanded stock-repurchase program.
3. $Microsoft(MSFT.US$ has begun calling employees back to its headquarters in recent weeks, but its return-to-office strategy hinges on hybrid work.
4. A joint venture between $Chevron(CVX.US$ and Phillips 66 has agreed to spend $118 million to upgrade and clean up three of its petrochemical plants on the Gulf Coast and pay a $3.4 million civil penalty as part of a settlement for violating federal air quality rules, the U.S. Justice Department announced on Wednesday.
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Source: Yahoofinance
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