Money

Michael Burry's Critique of Nvidia's Share Buyback Strategy

Michael Burry, the renowned investor, has publicly questioned Nvidia's financial strategies, specifically pointing to the substantial amount the tech giant has spent on share repurchases over the past few years. He contends that despite a massive investment of $112.5 billion in buybacks since 2018, these efforts have not translated into genuine shareholder value, primarily serving to counteract dilution from stock-based compensation (SBC).

Burry's analysis underscores a discrepancy between Nvidia's significant financial outlays for buybacks and its growing share count. He observes that Nvidia's $20.5 billion in stock-based compensation since 2018, when viewed against the $112.5 billion in buybacks, indicates that these repurchases were largely a defensive measure. This strategy, according to Burry, has masked the true financial picture for long-term investors, suggesting that the company's "owner's earnings" are not as favorable as they might appear.

This critical assessment comes at a time when Nvidia continues to dominate the market, largely propelled by its leadership in artificial intelligence. The company recently reported impressive third-quarter results, with record revenue, and its CEO, Jensen Huang, emphasized the widespread impact of AI. Despite Burry's concerns, Nvidia's shares have outperformed the broader market this year, reflecting continued investor confidence in its growth trajectory and its strategic investments in the AI ecosystem.

Nvidia's journey exemplifies the complexities of corporate finance in a rapidly evolving tech landscape. While the company's market performance remains strong, Burry's perspective highlights the importance of scrutinizing how corporate financial decisions truly impact long-term value creation. It encourages a deeper look beyond surface-level metrics, advocating for transparency and genuine growth strategies that truly benefit all stakeholders.

Magnera Stock Soars 28% After Strong Q4 Results

Magnera Corporation experienced a notable uptick in its stock value during Wednesday's after-hours trading, with shares climbing over 28% to reach $10.19. This surge reflects investor confidence following the disclosure of the company's robust fourth-quarter financial achievements, which underscored its strong operational performance and effective financial management.

The Charlotte-based material solutions provider unveiled impressive figures for its fourth quarter, reporting net sales of $839 million and an operating income of $10 million. Additionally, the company's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) reached $90 million for the period. Magnera also highlighted a record-setting operational cash flow of $96 million in the fourth quarter, contributing to a post-merger adjusted free cash flow of $126 million for fiscal year 2025, significantly surpassing its financial objectives and indicating a healthy financial yield of more than 30%.

Despite facing a challenging economic environment, Magnera's full-year results for fiscal 2025 were strong, with total net sales of $3.2 billion and adjusted EBITDA of $362 million. CEO Curt Begle acknowledged the difficult macroeconomic conditions but emphasized the company's success in meeting its EBITDA guidance and exceeding its free cash flow goals. Looking ahead, the manufacturer of fiber-based engineered products anticipates continued positive momentum, projecting an adjusted EBITDA of $380-$410 million and free cash flow of $90-$110 million for fiscal year 2026, driven by an estimated 9% improvement in reported earnings through strategic cost optimization efforts. While the stock had seen a year-to-date decline, these recent financial disclosures and future outlook have injected renewed optimism among investors.

Magnera's latest financial triumph is a testament to its resilience and strategic prowess in navigating complex market dynamics. Such strong performance signals a positive trajectory for the company, demonstrating that with sound management and clear objectives, businesses can not only weather economic storms but also emerge stronger, fostering growth and inspiring confidence in the broader market.

See More

Bernie Sanders Criticizes Trump's 'America First' Rhetoric, Denounces Support for Authoritarianism

In a scathing critique, Senator Bernie Sanders has voiced strong disapproval of the former President's ostentatious reception for Saudi Crown Prince Mohammed bin Salman. Sanders characterized the White House event as a disturbing endorsement of authoritarian regimes and a global elite, raising serious questions about the direction of American foreign policy and economic priorities.

Senator Sanders Denounces Trump's Embrace of 'Global Oligarchy' Amidst Controversial White House Visit

On November 19, 2025, Senator Bernie Sanders (I-Vt.) publicly condemned former President Donald Trump's lavish welcome for Saudi Crown Prince Mohammed bin Salman, which included a White House reception and state dinner. Sanders forcefully articulated his view that this interaction signified a concerning embrace of global authoritarianism and an international oligarchy.

Through social media, Sanders highlighted the Crown Prince's alleged involvement in severe human rights violations, including the starvation of civilians in Yemen, the dismemberment of a U.S. journalist, and a record number of executions. He contrasted these actions with Trump's decision to host bin Salman at the White House, where some of America's wealthiest individuals were also in attendance. Sanders asserted that this event sent a clear message of support for a worldwide system dominated by powerful, unelected figures.

Earlier that day, Sanders drew a sharp comparison between the immense wealth of the Saudi royal family and the financial hardships faced by many American voters. He pointed out that while the Saudi royal family, with its estimated $1.4 trillion fortune, was being offered advanced F-35 fighter jets despite controversies, ordinary American couples might face quadrupled insurance premiums. He challenged the sincerity of the 'America First' slogan, suggesting that such policies did not prioritize the well-being of average citizens.

In a subsequent written statement, Sanders intensified his criticism, branding the event a 'Trump-MBS Love Fest.' He argued that the visit positioned the United States on the side of authoritarianism rather than democracy. The senator also took aim at the black-tie dinner, which saw bin Salman, Trump, and prominent billionaires and CEOs like Elon Musk and Jensen Huang gathered together. He contended that while these ultra-rich individuals continued to accumulate wealth, the majority of Americans struggled with basic necessities such as food, housing, and healthcare.

Furthermore, Sanders accused the week's events of exposing Trump's 'extraordinary kleptocracy,' citing concerns about potential conflicts of interest arising from Trump's family and allies pursuing real estate and investment ventures tied to Saudi money, coinciding with favorable treatment extended to Riyadh.

The visit also included significant announcements, such as a Strategic Defense Agreement aimed at bolstering deterrence in the Middle East, future deliveries of F-35 fighter jets, and a Saudi commitment to purchase nearly 300 U.S. tanks. Additionally, a joint declaration on civil nuclear energy cooperation was made, alongside a pledge to increase Saudi investment in the United States from $600 billion to $1 trillion.

Senator Sanders' unwavering stance serves as a potent reminder of the importance of ethical leadership and the need for consistency in upholding democratic values, both domestically and on the global stage. His comments urge a deeper examination of the relationships forged with foreign powers and their implications for human rights and the welfare of citizens at home.

See More