clpkbc

@[email protected]

He/him. Old guy in Ecotopia. Chronically annoyed (the primary symptom of long covfefe). Rule to live by: listen to people who know more than you do, obviously.

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rbreich , to Random
@rbreich@masto.ai avatar

Apple shares lost 10% of their value.

Then Apple announced plans to buy back $110 billion of its own stock.

After that, Apple shares had their best day since 2022.

There's a reason stock buybacks used to be considered illegal stock manipulations.

They should still be banned.

clpkbc ,

@rbreich Boeing seems like a classic example of the risk. No money left to fix their problems.

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