Don’t Be Fooled by Buyback-Fueled Market Gains

Market Commentary

Here’s what everyone’s missing: corporations are soldiering ahead with share buybacks that prop up stocks but mask underlying growth shortfalls. See the “Progress on share buyback programme” (GlobeNewswire) and Sonthalia’s “Energy, banks, EMS stand out as key bets” (The Times of India). That stealth support can suck liquidity away from R&D and capex—don’t get played by surface-level strength.

It’s a hell of a sign how Nvidia’s “Beyond China: Nvidia bets big on the global AI boom” (Economictimes.com) and South Korea’s memory-first challenge (“South Korea eyes memory-led AI order against Nvidia”, Digitimes) set up a chip cold war, while IBM’s quantum protein simulation (“Cleveland Clinic, RIKEN, and IBM Model a 12,635-Atom Protein”, PR Newswire UK) and Solana’s post-quantum warning (“Solana Co-Founder Warns AI Could Break Post-Quantum Crypto Schemes”, Bitcoinist) expose data sovereignty and security as the next front lines.

Trade accordingly: consider trimming exposure to sectors that rely on one-off buyback boosts, while scouting tech names that can thrive off geopolitical hedges—energy ATPs, resilient EMs like India and chipmakers outside China. Lock in stops below key technical levels and don’t let headline noise drive your game plan.