Apple's stock buybacks boost EPS, while Nvidia's revenue increases, but potential competition affects Nvidia.

From Nasdaq: 2024-09-28 10:15:00

Tech giants Apple (NASDAQ: AAPL) and Nvidia (NASDAQ: NVDA) are engaging in stock buyback programs. Apple’s consistent buybacks have boosted EPS despite stagnant growth, while Nvidia’s revenue and net income are on the rise. However, Nvidia’s new buyback program, coupled with potential competition, makes it a less compelling investment than Apple.



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