TMTPost Morning Brief: Commerce Ministry Briefs on China-US Trade Council and '300-for-300' Reciprocal Tariff-Cut Framework; Nvidia Raises Buyback Authorization by $150 Billion to $235 Billion Total; SpaceX's Starship Reaches Earth Orbit for the First Time
Summary
TMTPost's morning brief rounds up several items: China's Commerce Ministry briefed on the China-US trade council and a '300-for-300' reciprocal tariff-cut framework; Nvidia raised its share buyback authorization by $150 billion, bringing the total program to $235 billion; and SpaceX's Starship reached Earth orbit for the first time. It also covers State Council measures to stabilize housing and boost employment, a '15th Five-Year' plan for the new battery industry, guidance on financial support for services, GAC's plan to buy 50% of FAW Toyota, and Jensen Huang pushing back on the 'godfather of AI's' claim of a 10% chance AI destroys humanity.
Bubble analysis
Nvidia adding $150 billion to its buyback authorization, for a $235 billion total, shows the core AI-compute company is generating enormous cash and choosing to return a large chunk of it to shareholders rather than plow it all into expansion. That reflects real profits from the AI hardware cycle, but can also be read as management seeing its stock as undervalued or lacking higher-return reinvestment options — an indirect signal for the bubble question, not evidence of a bubble in itself.
Related signals
linked by shared tags
- History Says Nvidia's Record $150 Billion Buyback Is Good News for the Stock#nvidia#buyback
- Share Repurchase Plan Authorized by NVIDIA (NASDAQ:NVDA) Board#nvidia#buyback
- Nvidia Boosts Buyback Amid AI Confidence Surge#nvidia#buyback
- GPU Cloud Provider GMI Raises $668M from Nvidia and Other Investors#nvidia
- Anthropic-SpaceX Compute Deal Revealed at Up to $84.5 Billion, Double Earlier Disclosure#spacex