AI stocks such as Meta Platforms, Microsoft, and Nvidia are aggressively buying back shares.

From Nasdaq: 2024-09-22 08:03:00

Artificial intelligence stocks on Wall Street, including Meta Platforms, Microsoft, and Nvidia, have significant share buyback programs. Meta boasts $50 billion in free cash flow and a strong buyback program. Microsoft approved a $60 billion buyback plan with $75.5 billion cash reserves. Nvidia, turning half of revenue into free cash flow, announced a $50 billion share repurchase program.



Read more at Nasdaq: 3 Artificial Intelligence (AI) Stocks That Are Buying Back Their Own Shares Hand Over Fist