Brian Sullivan: Meta may sell stock after $50 billion buyback authorized two years ago

Brian Sullivan: Meta may sell stock after $50 billion buyback authorized two years ago
Meta weighs selling stock after buyback

Brian Sullivan highlights that Meta authorized a $50 billion stock buyback two years ago. Now, the company is reportedly considering selling stock to raise cash, leading to questions about its strategy for investors.

Sullivan has previously tracked the S&P 500's approach to a 41-year-old record of 10 consecutive winning weeks, noting it was just 0.04% away from the milestone in recent trading here. He also reported that oil prices had increased but were still about $15 below their levels from two weeks earlier here. These observations highlight shifts across equities and commodities in the weeks before Meta's latest move.

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