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Stock Price Forecast: Stock Expected to Challenge $300 as Largest-Ever Buyback Begins","url":"https://stock-news.laohu8.com/highlight/detail?id=2672795759","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672795759?lang=en_us&edition=fundamental","pubTime":"2026-10-02 10:00","pubTimestamp":1790906400,"startTime":"0","endTime":"0","summary":"TradingKey - On September 28, Eastern Time, Nvidia (NVDA) shares bucked the trend and gained amid broader pressure on technology stocks, driven primarily by its newly announced massive stock buyback plan. On September 28, Nvidia announced that its board of directors approved an additional $150 billion for its existing share repurchase authorization, bringing the remaining buyback capacity to $235 billion. The company plans to execute the program by the end of fiscal year 2028, marking the largest buyback in U.S. stock market history. Following the announcement, Nvidia rose 1.68% on the day to close at $228.86, touching an intraday high of $233.21, while the Nasdaq Index fell 0.92% over the same period, demonstrating that the buyback news provided clear independent support for the 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Largest Companies by Market Cap (September 2026): Nvidia Leads at $5.56 Trillion, Meta Surges 29% to Overtake Broadcom","url":"https://stock-news.laohu8.com/highlight/detail?id=2672798710","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672798710?lang=en_us&edition=fundamental","pubTime":"2026-10-02 08:00","pubTimestamp":1790899200,"startTime":"0","endTime":"0","summary":"In September 2026, Nvidia retained its top spot globally with a market capitalization of $5.56 trillion, followed closely by Apple, Alphabet (Class A), and Microsoft. Meta Platforms saw the largest shift in the September global market cap rankings: the company surged 29%, pushing its market cap to $1.88 trillion and overtaking Broadcom to rank eighth.\n\nThe Philadelphia Semiconductor Index rose 9.1% in September, accelerating noticeably from a 1.98% gain in August. 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Traders chased the move. Long term holders are staring at a very different picture.\nQuarterly revenue reached US$54.2b and basic earnings per share hit US$33.36, both far above where Micron sat just a few quarters ago. The emotional pull is the sharp move in a high profile semiconductor stock. 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