2024-02-14 13:07:00 ET
Summary
- Uber announces its first-ever share repurchase program; Meta, Alibaba, and Disney have also announced buybacks during this earnings season.
- Jeff Bezos offloads nearly 24M shares of AMZN worth more than $4B this month.
- Bullish sentiment among money managers at its highest level since Jan 2022 - BofA survey.
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Uber is the latest company to announce a new stock buyback at $7 billion. (0:16) Plug Power unveils costs-cutting plans. (4:00) Jeff Bezos sells $4 billion in AMZN stock. (4:50)...
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Wall Street Lunch: Stock Buyback Fever