The MarketReader Minute
💻 VGT Rises as Microsoft Unveils Major Buyback, NVIDIA Powers AI Demand, and Intel Expands with AWS | Tech Sector Insights
Key contributors to this performance include Microsoft (MSFT), which announced a 10% increase in its quarterly dividend to 0.83 per share and a new $60 billion share repurchase program, coinciding with its annual shareholders meeting scheduled for December 10, 2024.