According to CNBC, Nvidia authorized an additional $150 billion in share repurchases, lifting its remaining authorization to $235 billion, while Micron Technology reported revenue of $54.23 billion and adjusted earnings of $33.42 per share for the quarter and guided for $61.5 billion in first-quarter fiscal 2027 revenue and $38.15 in adjusted EPS. Micron also said roughly 75% of its expected 2027 output is already spoken for and that it has signed 26 strategic customer agreements, up from 16 last quarter. The article also said U.S. stocks rose Friday after September nonfarm payrolls showed the economy added 29,000 jobs and unemployment increased to 4.2%, while the Dow fell 1.26% for the week, the S&P 500 lost 0.3%, and the Nasdaq gained 0.45%.
