Apple took the lead. In May, US stocks announced repurchases of more than 200 billion US dollars, a record high for the same period

Apple's record buyback program has boosted repurchase activity across US stocks. According to Birinyi Associates data, US listed companies announced a $2010 billion share repurchase plan in May, up more than 41% year over year, setting a record high for that month in history, and the fifth highest since records began. At the beginning of May, Apple officially announced a stock repurchase plan of 110 billion US dollars during the first quarter earnings call, accounting for more than half of the total US stock repurchase plan. Analysts believe that large-scale stock repurchase plans may help support underperforming US stocks since the end of March. Stock repurchases

wallstreetcn01:07 ET

Market Clubhouse Morning Memo - May 31st, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)

Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. Our proprietary formula, exclusive to Market Clubhouse, dictates thes

BenzingaMay 31 10:41 ET

PayPal Rated Buy in New Coverage at New Street, Citing Pivot to Value

Seeking AlphaMay 31 10:06 ET

$100 Invested In Texas Instruments 20 Years Ago Would Be Worth This Much Today

Texas Instruments (NASDAQ:TXN) has outperformed the market over the past 20 years by 2.73% on an annualized basis producing an average annual return of 10.62%. Currently, Texas Instruments has a marke

BenzingaMay 31 10:00 ET

AI Capabilities for Handsets, PCs to Be Next Key Driver for Artificial Intelligence: Mizuho

Seeking AlphaMay 31 09:51 ET

Dow futures rise positive response to PCE deflator Dell falls drastically after hours = US stocks

In addition to Dow futures rebounding in the US stock index futures market, S&P 500 and NASDAQ 100 are also rebounding. The US stock market has shown a positive response in response to the April PCE deflator that was announced earlier.

MinkabuMay 31 09:06 ET