AI News Feed
Market watch
Norton Cuts Antivirus Plans to Black Friday Prices Until TomorrowMotorola Razr Wide Fold leaks point to 6.92-inch 165Hz screen and Snapdragon 8 Gen 5OpenAI Faces Confusion Over Math Advisers and New Rogue AI DisclosuresRayCue 128K SE Retro USB-C Dock Cut to $85.99 for Early Prime DayApple ships iOS 27.0.1, iPadOS 27.0.1, iOS 26.7.1 and macOS security updatesLithium-ion battery caused Merseyside fire that killed mother and three children
Norton Cuts Antivirus Plans to Black Friday Prices Until TomorrowMotorola Razr Wide Fold leaks point to 6.92-inch 165Hz screen and Snapdragon 8 Gen 5OpenAI Faces Confusion Over Math Advisers and New Rogue AI DisclosuresRayCue 128K SE Retro USB-C Dock Cut to $85.99 for Early Prime DayApple ships iOS 27.0.1, iPadOS 27.0.1, iOS 26.7.1 and macOS security updatesLithium-ion battery caused Merseyside fire that killed mother and three children
AI Chips & Compute

Nvidia Unveils $150 Billion Buyback and AI Agent Safety Platform as Shares Gain

Nvidia authorized an added $150 billion buyback and launched an Open Agent Safety Platform meant to keep AI models inside controlled test environments, lifting its shares more than 2% toward May's record.

AI News Feed · 2026-09-29 02:58

The new buyback comes on top of $85 billion already authorized. "I know they listened," CNBC's Jim Cramer said of the expanded repurchase program during the Investing Club's Monday morning livestream. CrowdStrike and Palo Alto Networks are among dozens of partners in the safety initiative, the Club reported. According to the report, Nvidia and the cybersecurity companies see no reason to coordinate a slowdown in cutting-edge AI model development, a step Anthropic CEO Dario Amodei called for in a white paper published a few weeks earlier.

The broader market moved in the opposite direction. Cramer described recent trading as simply oil up, bond yields up, stocks down. The S&P 500 and the Nasdaq each fell after posting winning weeks, and the S&P Short Range Oscillator showed the market remained oversold, a condition that has persisted since Sept. 10. Cramer said oversold readings of that kind can precede market bounces, though no bounce had materialized as of Monday.

Meta Platforms, which has climbed sharply since the release of its Muse personal AI agent earlier in the month, fell 4% despite news that MongoDB CEO CJ Desai was hired to lead Meta's new enterprise platform. MongoDB shares dropped nearly 20% on the same day.

Boeing fell roughly 4.5% after the plane maker identified a 737 Max software glitch that could affect the jets' automated navigation feature, according to the Club's account. The software can be reverted to an earlier version. Analysts defended the stock, and Cramer agreed the decline was an overreaction, but he added that he could not justify buying more Boeing shares at around $190 each. A further drop toward $180 might be an interesting level at which to step in, he said.

In the session's closing rapid-fire segment, the Club noted that PepsiCo received an analyst downgrade and that Eli Lilly, one of its holdings, received another price target increase ahead of next month's earnings. Cramer's charitable trust holds Nvidia, CrowdStrike, Palo Alto Networks and Eli Lilly, the report said.