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Buyback Blowback for Chevron, and Tesla Leads the Nasdaq to Year’s High 1/26/23

Buyback Blowback for Chevron, and Tesla Leads the Nasdaq to Year’s High 1/26/23

Chevron drawing the ire of lawmakers after announcing a $75b share buyback, but is the anger justified? Plus Tesla shares rallying more than 10% after its earnings report and helping the Nasdaq to close within 4 points of its 200-day moving average. We make sense of the big tech rally and whether it can last.

CNBC's "Fast Money"

January 26, 202343m 56s

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Show Notes

Chevron drawing the ire of lawmakers after announcing a $75b share buyback, but is the anger justified? Plus Tesla shares rallying more than 10% after its earnings report and helping the Nasdaq to close within 4 points of its 200-day moving average. We make sense of the big tech rally and whether it can last. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.