Mobileye (NASDAQ:MBLY) pares gains as buyback overhang weighs after 22% jump

Mobileye is set to reopen Monday after racking up strong gains last week, but holders may now be trying to figure out whether the move was driven by real buying or just changes in float math. Nasdaq was shut Friday, July 3, for the Independence Day holiday. Regular hours are 9:30 a.m. to 4 p.m. Eastern.

Netflix’s $25 Billion Buyback Looks Big. Microsoft’s $190 Billion AI Capex Bill Looks Bigger

Netflix’s $25 Billion Buyback Looks Big. Microsoft’s $190 Billion AI Capex Bill Looks Bigger

Netflix’s bigger share buyback is drawing attention to how companies are handling their cash, with investors now sizing up buybacks like Netflix’s against Microsoft’s much heftier $190 billion commitment for AI and cloud infrastructure this year. After recent dips in their stocks, Netflix, PulteGroup, and Mobileye are all doubling down on repurchases. Microsoft, meanwhile, is turning to shareholders, seeking support for yet another ramp-up in capital spending.
Tesla Stock Slips Premarket as CES Robotics, Self-Driving Race Keeps Pressure on TSLA

Tesla Stock Slips Premarket as CES Robotics, Self-Driving Race Keeps Pressure on TSLA

Tesla shares slipped 0.4% to $431.41 in premarket trading on Thursday, with investors weighing a new round of CES headlines around robots and self-driving that keep attention on the company’s robotaxi and humanoid-robot ambitions. U.S. stock index futures were also lower, with S&P 500 e-minis down 0.22% and Nasdaq 100 e-minis off 0.31% ahead of Friday’s U.S. jobs report. Reuters

US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong Buy

NVIDIA

94/100
#2 Strong Buy

Meta Platforms

89/100
#3 Buy

Alphabet

87/100
#4 Buy

Amazon

84/100
#5 Selective Buy

Microsoft

82/100
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Editorial model selection. Not personalised advice.