Sources: Salesforce plans a record debt sale of up to $25B to fund its share buybacks; the company announced a $50B stock buyback program in February
Sources: Salesforce plans a record debt sale of up to $25B to fund its share buybacks; the company announced a $50B stock buyback program in February
Broadcom reports Q1 revenue up 29% YoY to $19.31B, above $19.18B est., AI revenue up 106% YoY to $8.4B, and authorizes up to $10B in share buybacks through 2026
Broadcom reported better-than-expected earnings and revenue and issued a strong forecast for the current period as the chipmaker continues to benefit from the artificial intelligence boom.
Nvidia reports Q2 revenue up 56% YoY to $46.74B, Data Center revenue up 56% to $41.1B, below $41.34B est., and approves an additional $60B in share buybacks
Nvidia reported better-than-expected earnings and revenue on Wednesday, and said sales growth this quarter will remain above 50% …
Plaid raised $575M at a $6.1B valuation, below its peak $13B+ valuation in 2021, mostly to cover employees' tax bills for those converting RSUs to common stock
Pioneer of open banking will use $575mn raised from BlackRock and others to cover employee taxes and share buybacks
Nvidia reports Q2 revenue up 122% YoY to $30B, above $28.7B est., forecasts Q3 revenue above est., and approves an additional $50B in share buybacks
Nvidia reported earnings after the bell that beat Wall Street expectations for earnings and guidance, and provided stronger-than-expected guidance for the current quarter.
The US DOJ compares Apple's 2023 $77B buyback program to spending half as much on R&D, emphasizing an insulation from rivals and a lack of incentive to innovate
“In the last fiscal year, Apple spent twice as much buying back its own shares as it did on R&D. Over the past 10 years the size of its buyback scheme dwarfs both its R&D spend and the buyback schemes...
Sources: ByteDance reports Q3 revenue up 43% YoY to $30.9B, $84.4B in January to September 2023 revenue, above 2022's $85.2B, and starts staff share buybacks
Wall Street Journal :
The DOJ sues Google, joined by California and seven other US states, calling for the breakup of its ad tech business that allegedly monopolizes the US ad market
1. An open, vibrant internet is indispensable to American life. Lauren Feiner / CNBC : DOJ files second antitrust suit against Google, seeks to break up its ad business Wall Street Journal : DOJ Sues ...
In an open letter, Cameron Winklevoss accuses Digital Currency Group CEO Barry Silbert of engaging in “bad faith stall tactics” after Genesis halted withdrawals
Founder and CEO of Digital Currency Group Vignesh Karunanidhi / Watcher Guru : Cameron Winklevoss Accuses Barry Silbert of “Bad Faith Stall Tactics” Walter O'Leary / LinkedIn : Walter O'Leary on Linke...