Nvidia's $150B Buyback and the Reality of AI Spending
This week, the market focused on the massive capital allocation strategies of tech giants, led by Nvidia's historic $150 billion buyback announcement. While liquidity remains a priority for the 'Magnificent Seven,' other sectors are grappling with inflation, pricing power, and shifting competitive moats. As interest rates keep the pressure on debt-heavy AI infrastructure, investors must distinguish between companies buying back value and those merely defending their margins.