Ameva
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Ameva
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August has been a turbulent month for stocks, having relinquished over a quarter of the S&P 500's impressive gains this year. As earnings reports wind down, Nvidia's impressive resurgence is making waves in the tech industry. Meanwhile, all eyes were on Fed Chief Powell at the Jackson Hole Symposium as the Federal Reserve debated halting its campaign of interest rate hikes.
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$NVIDIA (NVDA.US)$ said its board approved $25 billion in additional share repurchases "without expiration," and that the company plans to continue repurchases this fiscal year.
Meanwhile, several other megacap tech and growth companies have announced even bigger buybacks this year: $Apple (AAPL.US)$ at $90 billion, $Alphabet-C (GOOG.US)$ at $70 billion and $Meta Platforms (META.US)$ at $40 billion.
In the first half of the year,...
Meanwhile, several other megacap tech and growth companies have announced even bigger buybacks this year: $Apple (AAPL.US)$ at $90 billion, $Alphabet-C (GOOG.US)$ at $70 billion and $Meta Platforms (META.US)$ at $40 billion.
In the first half of the year,...
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