posted in Technology
Nvidia Adds Record $150 Billion to Stock Buyback
www.wsj.com/tech/ai/nvidia-adds-record-150-billion-to-stock-buyback-910f96a8?st=aatBFX
Replying to @Mustachius_Grumpius@thelemmy.club
Is that borrowed money?
Replying to @naught101@lemmy.world
No. They actually make that much money.
Replying to @mysteryhumpf@feddit.org
Are you sure? Their leverage ratio is pretty high: csimarket.com/stocks/singleFinancialStrength.php?…
I might be reading that wrong, but doesn’t that mean that they have borrowed more than they own?
Replying to @naught101@lemmy.world
finance.yahoo.com/quote/NVDA/balance-sheet/
Assets far outweigh liabilities here
Replying to @naught101@lemmy.world
It was once China’s money. But now it’s going to the billionaire Epstein-class.
Replying to @naught101@lemmy.world
Nope. NVidia has been making a shit ton of profit from the AI bubble.
Replying to @naught101@lemmy.world
Nvidia has a 55% profit margin. Its crazy.