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Top Stock Movers Now: Super Micro Computer, AMD, Newmont, and More

1. AMD shares jumped after announcing a $6 billion share repurchase program. 2. Super Micro Computer's $20 billion deal enhances GPU delivery, impacting tech sector. 3. Tech shares lifted S&P 500 and Nasdaq, indicating strong market performance. 4. Market uncertainty led American Eagle Outfitters to withdraw its financial outlook. 5. EV manufacturer Rivian's shares fell due to downgraded demand outlook.

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FAQ

Why Bullish?

The $6 billion share repurchase instills investor confidence, similar to AMD's past buybacks.

How important is it?

The repurchase program signals strong cash flow and confidence in future earnings.

Why Short Term?

Immediate market reactions to buybacks tend to influence stock prices swiftly.

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