Nokia jumps 7% as it announces $653 million share buyback program, warns of challenging 2024
Nokia on Thursday said that it will begin a 600 million euro ($653 million) share buyback this quarter after it reported that its profit plunged in 2023.
SoftBank posted a 7.24 billion Japanese yen ($4.6 billion) gain on its Vision Fund in the fiscal year ended March.
Shares of the salad chain surged 35% Friday after the company beat Wall Street's forecast for first-quarter results.
Consumers are acting vastly different depending on income level.
Net income in the first quarter plunged 68.9% from a year ago to $71.79 million.
Warner Bros. Discovery reported first-quarter earnings before the bell on Thursday.
As outstanding share counts go down, investors don't have to do anything to get baked-in returns and own larger and...