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Google's $70B BS
Big Tech Earnings
Good Morning to everyone especially to Google shareholders. Let’s talk about it!
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Google’s $70B BS 💩
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Google’s $70B BS 💩
Google is at it again, folks! The tech giant has announced plans to buy back a whopping $70 billion worth of its own shares. I mean, why not? It's not like they have anything better to do with their money, right? In all seriousness, this move isn't all that surprising. Google has a history of share buybacks, with their last one totaling $50 billion back in 2019. And if past performance is any indication, this latest buyback could have a positive effect on the company's stock price.
But let's be real, Google is worth over a trillion dollars. $70 billion is a drop in the bucket for them. So why not use that money to make some real change in the world?
Anyway, happy buying, Google! Don't spend it all in one place.
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Catalysts I Care About
FED TO RELEASE ITS REVIEW OF SILICON VALLEY BANK SUPERVISION ON FRIDAY APRIL 28 AT 11 AM ET
FIRST REPUBLIC BANK SHARES PLUNGE 50%, MOST ON RECORD
ALPHABET INC - ON APRIL 19, BOARD AUTHORIZED CO TO REPURCHASE UP TO ADDITIONAL $70.0 BILLION OF ITS CLASS A AND CLASS C SHARES $GOOGL
COMPANIES THAT MENTIONED THE WORD “AI” THE MOST ON THIER LATEST EARNINGS CALL. NVIDIA $NVDA 91 TIMES. TELUS $TIXT 71. GOOGLE $GOOGL 68. MICROSOFT $MSFT 46
TODAY WE WILL HAVE:
Durable Goods Order.
Wholesale & Resale Inventories
EIA Gasoline data.
Earnings ($BA $HLT $META $ROKU $TDOC)
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