4 Big Tech giants have plowed over $1 trillion into stock buybacks in 10 years — more than Tesla or Meta’s entire market value::Apple poured over $600 billion into buybacks in the decade to March 31, exceeding Alphabet, Microsoft, and Meta’s combined spending.
Ideally. Unfortunately, the people doing the buybacks now are no different than 19th century industrial barons; once they have a household name due to sheer wealth, they stop pretending (if they even bothered to in the first place) that they’re in any way good people.