whelp, unlike yesterday, i'm actually running a little early this morning here is the pre-market movers & news thread for those of you wanting to get a quick read before today's open- <-- click there to read! hope everyone has a great last trading day of the week today.
Thanks @bigbear0083 Happy quad witching. 100M SPY traded yesterday (1.6x normal), let's see if we get even more today at new ATH.
from https://stockaholics.net/threads/9-21-fridays-pre-market-stock-movers-news.6136/ Texas Instruments increased its quarterly dividend to 77 cents per share from 62 cents, a jump of 24 percent. The semiconductor maker also announced a new $12 billion stock repurchase program, on top of $7.4 billion remaining from a previously authorized program. Sounds real juicy, but looks like only $5B cash on hand. FTNT is one that announced a buyback program in last ER and they went straight up but their buyback could be financed entirely by cash on hand. TXN should be good for a 24% increase in share price though. These buybacks increase share price but do nothing for growing the company, market cap can stay the same.
What You Need to Know About the Major Tech Index Changes Coming Next Week Vanguard, State Street funds adjust while iShares stays put Some investors start to shift cash, others worry about FANG https://www.bloomberg.com/news/arti...-curry-durant-as-gics-changes-reorder-indexes
https://us.spdrs.com/en/etf/communication-services-select-sector-spdr-fund-XLC For this communication services ETF, over 40% of its entire holdings will be FB and Alphabet
damn, busy day...thx for that reminder @stock1234! i never got a chance to post up next week's ER calendar, but here it is now. i likely will not be able to setup the new weekly thread tonight ... got absolutely slammed with work all day today. will have the new thread up tomorrow morning. hope you guys all had a good trading week. thx for all the great contributions in here this week as always. have a great weekend everyone!
