Nvidia Up on Share-Repurchase Program; Mining Stocks Slide | Stock Movers
Nvidia shares rose following a $150 billion share-repurchase authorization. Meanwhile, Northern Star Resources rejected a takeover bid from Gold Fields Ltd.
On this episode of Stock Movers: - Nvidia (NVDA) shares are up after the board of the leader in AI chips authorized an additional $150 billion under the company’s existing share-repurchase program. The move increases the total remaining amount authorized to $235 billion. - Australia’s Northern Star Resources Ltd. rejected a takeover approach from South African rival Gold Fields Ltd. that could have created the second-largest gold miner, saying the A$38.7 billion ($27.1 billion) cash-and-shares…
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