Sep 28, 2026 · 5 min
Nvidia boosts buyback as miners and Roblox face pressure
Nvidia Gains; Northern Star Rejects Offer; Roblox Shares Drop
The episode shows how corporate capital returns, takeover valuations, and analyst skepticism are reshaping several prominent stock stories.
- 1Nvidia rose 2% after expanding its share-repurchase authorization by $150 billion, leaving $235 billion available.
- 2Northern Star rejected Gold Fields’ $27.1 billion takeover proposal, arguing that it undervalued the company.
- 3Roblox shares fell after Jefferies questioned whether its rally reflected overly optimistic future bookings prospects.
Don't miss
Nvidia’s board adds $150 billion to its share-repurchase authorization, bringing the remaining total to $235 billion.
The brief
Nvidia led the market roundup with a 2% gain after its board authorized another $150 billion for share repurchases, leaving $235 billion in the program.
The buyback is notable not only for its size but also for what it signals about Nvidia’s confidence, even as the discussion touches on possible Chinese purchases of its chips.
Northern Star rejected Gold Fields’ $27.1 billion takeover proposal, saying the offer undervalued the precious-metals miner and sharpening the debate over deal pricing.
Roblox moved lower after Jefferies downgraded the stock, arguing that its recent rally may overstate the company’s future bookings prospects.
Together, the movers frame a market split between Nvidia’s aggressive capital returns and growing scrutiny of valuation, strategy, and expectations elsewhere.
What was said on this episode
2 statements · 2 positive
Nvidia's market capitalization is $5.4 trillion
“$150 billion buyback, market cap of the stock, $5.4 trillion”
Listen at 1:20
China may permit Alibaba and ByteDance to purchase Nvidia's RTX Pro 5500 chip
“China may allow Alibaba and ByteDance to buy Nvidia's new RTX Pro 5500 chip”
Listen at 1:31
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
Featuring
Nvidia Corporation
Bloomberg L.P.Listen to the full episode and explore every guest, topic, and moment on PodLume.