Corporate Stock Buybacks Help Keep Market Afloat

[ad_1] Repurchases among S&P 500 companies are projected to top $1 trillion this year. [ad_2] Source link

Stock Buybacks Aren’t Bad. They Aren’t Good, Either.

[ad_1] It’s open season on buybacks—again. In his State of the Union address earlier this month, President Biden lambasted big oil companies for using record profits “to buy back their…

Robinhood Needs More Arrows to Fire

[ad_1] The online broker is shrinking its share count and slashing core expenses, but finding new revenue sources is still critical. [ad_2] Source link

Robinhood Will Try to Buy Back Sam Bankman-Fried’s Shares

[ad_1] The company’s stock jumped in after- hours trading following the announcement of its plans in its quarterly earnings report. [ad_2] Source link

Oil Industry’s Windfall Fails to Excite Wall Street

[ad_1] The biggest Western oil companies, Exxon, Chevron and Shell, have delivered record profits, but investors are still wary. [ad_2] Source link

Meta Platforms Shares Surge 23% on Cost Cuts, Stock Buyback

[ad_1] Business Shares of social-media company notched their largest percentage increase in nearly a decade [ad_2] Source link

Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit

[ad_1] The oil company’s profit milestone is about one-third higher than its prior peak. [ad_2] Source link

Energy Bulls Are Getting Paid to Stay Calm

[ad_1] Markets Heard on the Street Oil and gas stocks are holding steady despite weaker energy prices. Lavish share buybacks may be one reason. [ad_2] Source link

Elon Musk Says He Will Pause Selling Tesla Shares

[ad_1] Business The Tesla CEO says a share buyback would depend on the severity of any recession [ad_2] Source link