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ICYMI: Nvidia announced an $80 billion share repurchase reauthorization and is increasing its quarterly dividends from $0.01 to to $0.25. “We think that extra $0.05 will make a difference to the large shareholders,” Jensen Huang says. The company also said it will give back 50% of its free cash flow to shareholders this year. 💸
Dan Ives of Wedbush Securities says the Cerebras Systems IPO is a watershed moment for the tech sector. He sees the Nasdaq hitting 30,000 in the next six to nine months. He has more on “Bloomberg Surveillance.”
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Top investment guru Charles Mizrahi is worried because too many young adults are rejecting capitalism for the false promise of socialism. Why? He unpacks value investing and gives a biblical perspective on wealth and the economy. Here’s Gov. Mike Huckabee’s interview with Charles Mizrahi now!
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