The Inflation Reduction Act’s buyback tax restrains public company growth – Competitive Enterprise Institute

The Inflation Reduction Act’s buyback tax restrains public company growth - Competitive Enterprise Institute

The Biden administration and a Democratic-controlled Congress imposed a new tax on corporate stock buybacks as part of the Inflation Reduction Act passed in 2022. It hasn’t gone well. Corporations use stock buybacks to grow. Buybacks signal to a company’s shareholders that the company’s investments are in demand and that the firm is in good financial health. That incentivizes investors to want to … Read more

Nvidia 5yr return over 1,700%, more than Apple and Amazon

Nvidia 5yr return over 1,700%, more than Apple and Amazon

Nvidia’s five-year investment return is over 1,700%, seven times more than Apple’s and 18 times more than Amazon’s.

Nvidia stock value up $1 trln in Q1

Nvidia stock value up $1 trln in Q1

Nvidia ended 2023 as the best S&P 500 performer with a 236% gain. In the first three months of 2024, Nvidia added over one trillion dollars to its stock value, surpassing its gains in the entire previous year. Nvidia’s stock value growth in Q1 2024 was larger than that of Microsoft, Alphabet, and Meta combined. Nvidia is now the third-largest tech company in the world by market cap and could potentially dethrone Apple as the second-largest tech company if its stock value continues to grow at the same pace.