Headlines
•Nvidia increases quarterly dividend to $0.25, authorizes $80B share repurchase — Nvidia (NVDA) raises dividend from $0.01 to $0.25 per share, with $80 billion share repurchase reauthorization
•Meta, Broadcom, Applied Materials launch $125M semiconductor research hub at UCLA — Meta (META), Broadcom (AVGO), Applied Materials (AMAT) and others commit $125 million to new UCLA Semiconductor Hub
•Meta settles social media addiction case with US school district — Meta (META) settles test case that was set to set precedent for 1,200 other school districts making similar claims
•Stocks to watch on Thursday after-hours: WDAY, ROST, BULL (BULL:NASDAQ)
•xAI plans $2.8B turbine purchase — disclosed in SpaceX IPO filing amid pollution lawsuit
•Workday Q1 sales beat estimates, stock jumps 10.8% — WDAY up 10.8% after hours
•Deckers Outdoor Q4 beats on HOKA momentum, sales up 9.6% YoY — DECK up after hours