Investors watched carefully for dot plot changes, but instead got some much bigger news: Jerome Powell and the Fed see 2024 growth coming in at almost double what was expected.
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Nvidia’s $50 Billion Share Buyback Is an Epically Bad Decision That Sends the Wrong Message to Wall Street and Investors
Although share repurchases are known for lifting earnings per share (EPS) and instilling confidence in investors, Nvidia’s decision to announce a hefty buyback program will struggle on both fronts. Source