Abel’s First Moves at Berkshire Hathaway Spark Buyback Debate
Greg Abel’s initial actions as Berkshire Hathaway’s CEO have sparked investor discussion on whether those moves justify re-entering the stock.
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Broadcom climbs on AI-driven Q1 beat and $10B buyback
Broadcom (AVGO) rose about 3% after a strong Q1 beat with adjusted EPS of $2.05 on $19.31B revenue, led by AI-related demand (AI revenue up to $8.4B). The company guided roughly $22B revenue for the next quarter and outlined a path to AI chip sales exceeding $100B annually by 2027, while also announcing a $10B stock buyback, keeping sentiment bullish with a Strong Buy consensus and significant upside potential.
AI Demand Fuels Broadcom Growth After Strong Q1
Broadcom beat expectations in its fiscal first quarter ended Feb. 1 with revenue of $19.3 billion (up 29% YoY) and adjusted EPS of $2.05, powered by AI-driven revenue that rose 106% to $8.4 billion. The company generated strong cash flow, announcing a $10 billion share-repurchase program and a quarterly dividend of $0.65. Management guided Q2 revenue of about $22 billion and AI semiconductor revenue up to $10.7 billion, with 2027 revenue visibility around $100 billion, underscoring AI’s role in driving sustained growth. At about 30x forward earnings, the stock presents a compelling growth story given the AI backdrop.
Salesforce Posts Q4 Beat, Unveils $50B Buyback as Stock Slips
Salesforce (CRM) beat fiscal Q4 expectations with adjusted EPS of $3.81 on $11.2B revenue (up 12%), aided by a 13% rise in subscription revenue and Informatica’s $399M contribution; RPO hit a record $72.4B and ARR for Agentforce/Data 360 surpassed $2.9B. The company announced a $50B share repurchase plan, raised its quarterly dividend to $0.44, and issued upbeat FY guidance (revenue of $45.8–$46.2B; adjusted EPS of $13.11–$13.19; Q1 revenue of $11.03–$11.08B). Despite the beat, CRM declined about 5% after hours as investors weigh the outlook. A Moderate Buy consensus remains from analysts.
BP halts buybacks to shore up balance sheet amid softer 2025 earnings
BP suspended its share buyback and redirected excess cash to strengthen its balance sheet after posting Q4 2025 results in line with expectations and a full-year net profit of $7.49 billion, down from $9 billion in 2024 and below consensus estimates. The company guided 2026 capex at about $13–13.5 billion, paid a dividend of 8.320 cents, and saw shares drop around 5% as rivals also posted weaker earnings in a low crude-price environment. Meg O’Neill is set to become CEO on April 1.
UBS Signals Bigger Buybacks After Robust Q4 Earnings
UBS posted a robust Q4 with net profit of $1.2B on $12.1B in revenue, topping expectations, and announced a plan to buy back at least $3B of shares in 2026. The CET1 capital ratio stood at 14.4%, and invested assets exceeded $7T as UBS advances the Credit Suisse integration, with management reaffirming capital strength and medium-term targets.
ASML rides AI demand to record Q4 bookings and strong 2026 outlook
ASML posted a record 13.2 billion euros in Q4 2025 bookings and announced a 12 billion euro buyback through 2028. Q4 revenue was 9.7 billion euros with net profit of 2.84 billion euros; for 2026, the company guides net sales of 34–39 billion euros (midpoint above consensus) and expects at least 20% growth versus 2024. It will cut about 1,700 jobs. AI infrastructure demand underpins the outlook, EUV revenue is set to rise significantly in 2026, and China sales are planned to be about 20% of total in 2026, with memory-chip capacity expansion supporting demand for ASML’s lithography machines.
SpaceX Aims for $400 Billion Valuation in New Funding Round
SpaceX is planning a fundraising and insider share sale that could value the company at around $400 billion, making it the most valuable private US company, driven by its Starlink satellite internet unit and Starship rocket program milestones.
MongoDB Surges on Strong Q1 Results and Raised Guidance
MongoDB's shares rose 13% after the company reported better-than-expected Q1 earnings, raised its guidance, and increased its share buyback program, indicating strong financial performance.
"Antitrust Crackdown: Impact on Apple's Buyback Bonanza and iPhone Experience"
Apple's aggressive stock buyback program, which has helped boost its share price, could face challenges due to increasing antitrust scrutiny of the tech industry. The company's buyback strategy has been a key factor in driving up its stock price, but regulators are now focusing on whether such practices stifle competition and harm consumers. This potential antitrust crackdown could impact Apple's ability to continue its large-scale buyback initiatives.
"Vodafone Completes €8 Billion Italy Deal and Buyback, Wrapping Up Overhaul"
Vodafone Group Plc has finalized an €8 billion deal to sell its Italian business to Swisscom AG, completing CEO Margherita Della Valle’s European transformation plans. The deal is expected to shake up the fiercely competitive Italian market and promises to generate solid synergies for investors. Vodafone plans to use the proceeds from this and a recent Spanish unit sale to buy back €4 billion in stock. The combined Fastweb and Vodafone Italia will be a formidable competitor for enterprise services, posing a challenge for Telecom Italia SpA.
Altria Plans $2 Billion Sale of AB InBev Stock
Altria Group, the parent company of Marlboro cigarettes, is selling over $2 billion worth of its stake in Anheuser-Busch InBev, with AB InBev planning to buy back $200 million of these shares. This move has caused a 5% drop in AB InBev's stock price, with analysts seeing it as a short-term negative for sentiment but of minimal longer-term significance.
British American Tobacco Plans $2.1 Billion ITC Stock Sale and Buyback
British American Tobacco plans to sell up to $2.1 billion of shares in Indian partner ITC Ltd. to return cash to shareholders and invest in its business. The company will use the cash raised to buy back £700 million of its own shares and continue to use operating cash flow to lower debt and fund business investments. BAT's move comes after pressure to return more cash to shareholders and a significant write down on the value of its US cigarette brands.
Salesforce's Earnings Call Impact: Stock Slide, Dividend, and AI Tirade
Despite strong quarterly results, Salesforce's stock slides after the company's guidance for the January 2025 fiscal year disappoints Wall Street. The software giant announced a $10 billion increase in its stock repurchase program and initiated a quarterly dividend of 40 cents a share. Salesforce reported revenue of $9.29 billion for the fiscal fourth quarter, up 11% from the year-ago quarter, and expects revenue of $37.7 billion to $38 billion for the January 2025 fiscal year, below consensus. The company's stock is down 3.7% in late trading.
Stellantis Warns of Turbulent Year Ahead Amid Share Buybacks and Profit Sharing
Stellantis reported strong full-year results with increased revenue and global deliveries, leading to a stock surge following the announcement of a new share buyback plan and increased dividend. The company warned of a "turbulent" year ahead due to factors like the impact of the EV product mix, lower prices, and labor costs. Despite this, Stellantis remains resilient and projected a minimum commitment of double-digit adjusted operating income margin in 2024 and positive industrial cash flow. The automaker's measured approach to EVs, including leading PHEV sales in the US and a flexible EV game plan, is paying off, with CEO Carlos Tavares emphasizing the importance of profitability and competition from China.