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Nvidia's record-breaking stock buyback

Nvidia's record-breaking stock buyback

Marketplace vor 1 Monat

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25:25

Apple used to be the leader in buying back shares. Now, Nvidia
has broken the tech company’s record, announcing Monday that it
would add $150 billion to its stock buyback program, on top of
$80 billion pledged a few months ago. The chipmaker’s profits
have continued to surge, as tech companies pour money into data
centers and AI infrastructure. Is this a smart way for Nvidia to
spend its money? More on Nvidia today, plus how a volunteer
firefighter shortage is affecting a rural Wyoming county, why
spending is predicted to soar this holiday season despite the
energy crisis, and what economists are watching for in the jobs
numbers coming out this week.

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Read the stories in today’s episode:

It's a big week for economic data. Here's what labor
economists will be looking for.

Nvidia's record stock buyback funded by cash from the data
center boom

There’s a national volunteer firefighter shortage. It’s on
display in Wyoming

Early retirement isn't always a choice

Adobe forecasts record U.S. spending online this holiday
season

The mall isn't dead, yet