Robinhood (NASDAQ: HOOD) Markets stock added more than 3% in afterhours trading Tuesday after the broker unveiled plans for share repurchase program.
The company's board of directors has given the green light for a Repurchase Program, allowing Robinhood to buy back up to $1 billion of its outstanding Class A common stock.
This strategic move is poised to unfold over the next two to three years, starting in the third quarter of 2024.
The buyback plan does not come with a... (continue reading...)
(Reuters) - Verizon said on Tuesday that it added Comcast's Peacock to its streaming subscription hub and plans to offer YouTube Premium at a discounted rate with myPlan subscriptions.
The telecom firm said it will offer YouTube Premium for $10 per month, offering savings of 30% to myPlan customers, starting Thursday.
Peacock streaming service, under NBCUniversal, will be made available from June 5 through Verizon's +play, an... (continue reading...)
By Zaheer Kachwala
(Reuters) - Nvidia's shares rallied around 6% to hit a record high on Tuesday, leaving the AI chipmaker's stock market value about $100 billion away from overtaking Apple in a major reshuffle of Wall street's biggest players.
Last trading at $1,128, Nvidia's market capitalization reached $2.8 trillion, compared to a market value of $2.9 trillion for Apple, which is Wall Street's second-most valuable company after... (continue reading...)
By Sabrina Valle
HOUSTON (Reuters) - Hess Corp on Tuesday approved the company's $53 billion merger with the No. 2 U.S. oil company Chevron, according to preliminary results of the vote.
The merger required a majority vote to approve the deal by a majority of Hess' 308 million shares outstanding to pass. The company did not immediately provide the vote tally.
Chevron offered to acquire Hess last October in a move to ... (continue reading...)
Investing.com -- U.S. stock futures edged higher Tuesday, starting the holiday-shortened week on a positive note ahead of the release of more key inflation data.
Here are some of the biggest U.S. stock movers today:
Nvidia (NASDAQ: NVDA) stock rose 5%, with the tech giant’s stock continuing to gain, with its market value surpassing $2.5 trillion since its quarterly results, solidifying its position as the third most valuable... (continue reading...)
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