Big Tech buybacks down 90%, Hilton leaves the NYSE, Starbucks' holiday menu is out

Summary

Five of the biggest technology companies bought back $4.4 billion of their own stock last quarter, down about 90% from a $45.9 billion peak in 2021, and Brian Sozzi argues those buybacks had been quietly holding up earnings. Hilton's stock moved to the Nasdaq this morning and Chris Nassetta gives his reason for the switch. AMD's Lisa Su says AI adoption keeps outrunning the plans companies write. George Pyne on why sports valuations keep setting records. And the Starbucks holiday menu arrived, so there is a braised short rib grilled cheese on the desk. Featuring Lisa Su, Chair and Chief…

Description from Yahoo News.