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stock buyback stockThe Motley Fool
•78% Informative
Apple repurchased $26 billion of stock, bringing its trailing- nine-month total to a whopping $70 billion .
Apple 's revenue and profit growth have been uninspiring for a few years now.
Nvidia has been a major beneficiary of the AI movement, largely thanks to sales of its chipsets known as graphics processing units ( GPU ) Nvidia 's earnings are actually growing faster than revenue.
In a way, I hope Nvidia does not complete this buyback in its entirety (if at all), as I see this decision as unwise.
Nvidia 's total average return is 773% — a market-crushing outperformance compared to 168% for the S&P 500.
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