Nvidia shares climb on record buyback but stall at $232-$234 resistance
Nvidia announced a record $150 billion buyback; shares rose nearly 2%, but resistance at $232-$234 held and the stock closed at $228.86.
Global stock markets: index moves, earnings, analyst targets and the policy and rate backdrop driving them.
Nvidia announced a record $150 billion buyback; shares rose nearly 2%, but resistance at $232-$234 held and the stock closed at $228.86.
Nvidia boosted its buyback by a record $150 billion to $235 billion, sending shares up nearly 2%.
Michael Dell says companies must define what AI agents cannot do, as Nvidia launches a safety platform with over 100 partners.
SpaceX shares fell 0.93% despite Starship's successful orbital flight, as a lockup expiry released 328 million shares into the market.
Ondas became the most failed-to-deliver US security in August, with short interest at 40.9% of its float. Investors blame short-sellers.
South Korean retail investors bought $1.6 billion in equities on Monday as the KOSPI slid 2.7%, going against foreign and institutional selling.
European stocks opened slightly higher, but oil price gains and rising bond yields kept advances in check.
Elon Musk endorsed a viral post predicting AGI by 2027, but traders on prediction markets still give OpenAI low odds of announcing AGI before then.
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A funding gap signal that preceded the dot-com crash and 2008 crisis is now appearing in the AI trade, per the Wall Street Journal.
Oura's IPO sees four times demand, but the oversubscription may indicate market scarcity rather than genuine investor conviction.
Japan's Nikkei fell back from an early 1% gain as Nasdaq futures weakened and caution set in before Micron's earnings.
Jim Cramer names Nvidia and Apple as the only stocks he will never sell, citing management quality and past calls, while warning that even they aren't…
Maye Musk says she advised Elon to stick to one venture after PayPal; he ignored her and built multiple companies now valued at $929 billion.
China may permit Alibaba and ByteDance to buy Nvidia's RTX Pro 5500 chip, according to an unverified report.