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Nvidia Boosts Share Buyback; SK Hynix Drops; SpaceX Flight
Published 3 days, 14 hours ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Nvidia (NVDA) the chip developer at the heart of the artificial intelligence boom, increased the size of its share buyback plan by $150 billion, increasing the total remaining amount authorized to $235 billion.
- SK Hynix (000660 KS) shares drop as much as 4.9% after reports of subsidiary Solidigm’s IPO plans trigger concerns over the rationale behind the move.
- SpaceX (SPCX) is poised to launch its massive Starship to orbit for the first time on Monday, a critical milestone that could pave the way for the test rocket to begin regular satellite launches.
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