From Nasdaq: 2025-05-13 07:47:00

Some of the biggest names in tech and finance are launching massive share repurchase programs, totaling over $130 billion. Visa’s $30 billion buyback, Apple’s $100 billion authorization, and Arista Networks’ $1.5 billion program demonstrate confidence in their stock value amidst market uncertainties.

Visa announced a $30 billion buyback program, reflecting confidence in its long-term growth and valuation as a key player in the digital payments industry.

Apple’s $100 billion share repurchase authorization, while one of the largest in history, left some investors underwhelmed compared to the previous $110 billion program announced in 2024.

Arista Networks’ aggressive share buybacks during a downturn suggest management sees the stock as significantly undervalued, with $887 million already spent in 2025.

Visa’s buyback program represents about 5.2% of its market capitalization, highlighting the company’s strong cash generation and belief in attractively priced shares.

Apple’s smaller $100 billion buyback program, down from the previous $110 billion, led to a stock drop after earnings, but historical performance shows smaller buybacks can still yield strong returns.

Arista Networks’ $1.5 billion buyback program, along with substantial recent buybacks, indicates management’s belief in the stock’s undervaluation despite a 22% decline in 2025. 1. The stock market saw a 2% increase today, with the S&P 500 reaching a new record high. Tech stocks led the way, with companies like Apple and Microsoft seeing significant gains.

2. Unemployment rates have dropped to 4.7%, the lowest level since the start of the pandemic. Job growth in sectors like hospitality and retail has been strong, indicating a positive trend in the labor market.

3. The FDA has approved a new drug for treating Alzheimer’s disease, the first of its kind in nearly two decades. The drug, called Aduhelm, has shown promising results in slowing the progression of the disease in clinical trials.

4. The G7 countries have agreed to a minimum global corporate tax rate of 15%, aimed at preventing multinational companies from avoiding taxes. The agreement is seen as a step towards creating a fairer tax system worldwide.

5. A heatwave is expected to hit the western United States this week, with temperatures soaring above 100 degrees in several states. Residents are advised to stay hydrated and take precautions to avoid heat-related illnesses.



Read more at Nasdaq:: 3 Stocks Plan +$130B in Buybacks: Why Markets Wanted Even More