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Funding and debt● Neutral for Indian equities
Nvidia’s historic buyback announcement underscores a sharp divide in Big Tech
The brief
- Nvidia is expanding its buyback program to $235 billion
- Alphabet and Meta halted repurchases and shifted money to AI initiatives
- Diverging Big Tech AI spending offers sentiment cues for Indian IT and AI-linked stocks
- Nvidia launches software to contain rogue AI agents
- Chinese Stocks Hit One-Year Low as Chip, Optical Firms Slide
- TakeMe2Space plans orbital computing launch on SpaceX rocket, with reports differing on timing
- China weighs allowing ByteDance and Alibaba to buy Nvidia chips
- Musk, Cook, Huang and other business leaders attend Trump-Xi state dinner