{"id":72320,"date":"2026-09-28T07:38:18","date_gmt":"2026-09-28T11:38:18","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nvidia-announces-historic-150b-buyback-saudi-oil-exports-resume-via-east-west-pipeline\/72320\/"},"modified":"2026-09-28T07:38:18","modified_gmt":"2026-09-28T11:38:18","slug":"nvidia-announces-historic-150b-buyback-saudi-oil-exports-resume-via-east-west-pipeline","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nvidia-announces-historic-150b-buyback-saudi-oil-exports-resume-via-east-west-pipeline\/72320\/","title":{"rendered":"Nvidia Announces Historic $150B Buyback; Saudi Oil Exports Resume via East-West Pipeline"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) authorized a record-breaking $150 billion increase to its share repurchase program<\/strong>, bringing its total remaining authorization to <strong>$235 billion<\/strong> to be executed through fiscal year 2028.<\/li>\n<li><strong>Saudi Arabia resumed <a href=\"https:\/\/stockmarketwatch.com\/energy\/crude-oil\" data-internallinksmanager029f6b8e52c=\"12\" title=\"Crude oil\">crude oil<\/a> exports via the 1,200-km East-West Pipeline<\/strong>, ending a 17-day halt at the Yanbu port following drone strikes that had disrupted roughly <strong>4% of global oil supply<\/strong>.<\/li>\n<li><strong>UK Chancellor John Healey pledged a &quot;new age of industrialization&quot;<\/strong> at the Labour Party Conference, emphasizing fiscal discipline and multi-billion pound defense projects to spur economic growth.<\/li>\n<li><strong>Saudi Civil Defense issued and subsequently cleared emergency alerts<\/strong> for the Jazan and Najran regions, signaling that immediate security threats in the southern provinces have passed.<\/li>\n<\/ul>\n<h2>Nvidia Sets Corporate Record with $150 Billion Buyback Expansion<\/h2>\n<p><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) has announced a massive <strong>$150 billion increase<\/strong> to its existing share repurchase program, marking what the company describes as the largest single buyback authorization increase in corporate history. This move brings the chipmaker&#39;s total available repurchase pool to <strong>$235 billion<\/strong>. CEO Jensen Huang stated that the company\u2019s robust cash generation allows it to simultaneously fund the &quot;once-in-a-generation&quot; shift to AI infrastructure and return significant capital to shareholders.<\/p>\n<p>The company expects to complete the full repurchase program by the end of <strong>fiscal year 2028<\/strong> (January 2028). Markets responded positively to the news, with <em>investors viewing the move as a strong signal of management&#39;s confidence in the long-term demand for AI-accelerated computing<\/em>. By reducing the total share count, the program is designed to mechanically lift earnings per share (EPS) over the next several fiscal periods.<\/p>\n<h2>Saudi Arabia Restores Critical Oil Export Artery<\/h2>\n<p>Saudi Aramco (<a href=\"\/stock\/2222\">2222<\/a>) has successfully resumed overseas crude shipments through its <strong>East-West Pipeline<\/strong>, according to reports on Monday. The pipeline, which serves as a vital bypass of the Strait of Hormuz, had been offline since September 11 following drone attacks that damaged pumping stations. The restoration allows the kingdom to resume loadings from the Red Sea port of <strong>Yanbu<\/strong>, which had seen zero allocations for some European customers during the 17-day shutdown.<\/p>\n<p>While the pipeline is currently pumping at a reduced rate, Aramco aims to restore the flow to its pre-attack level of <strong>4 million barrels per day<\/strong>. <em>Energy analysts noted that the resumption of this route is critical for global supply stability, particularly as regional tensions continue to impact traditional shipping lanes<\/em>. Despite the operational recovery, Saudi Aramco shares slipped <strong>0.77%<\/strong> in Monday&#39;s session as the market had already partially priced in the repair timeline.<\/p>\n<h2>UK Chancellor Healey Vows Fiscal Discipline and Reindustrialization<\/h2>\n<p>In his first speech to the Labour Party Conference as Chancellor, <strong>John Healey<\/strong> promised to lead Britain into a &quot;new age of industrialization&quot; driven by defense and green energy investments. Healey emphasized that &quot;hope is earned through fiscal discipline,&quot; signaling that the government will strictly adhere to its fiscal rules in the upcoming <strong>October 28 budget<\/strong>. The Chancellor&#39;s focus on defense includes multi-billion pound projects, such as new submarine docks and marine research vessels.<\/p>\n<p>The speech comes amid pressure on Prime Minister <strong>Andy Burnham&#39;s<\/strong> new government to address stagnant economic growth while managing a &quot;challenging&quot; fiscal landscape. <em>Market participants are closely watching for details on the upcoming budget, as recent reports suggest the government&#39;s fiscal headroom may be tighter than previously estimated<\/em>. Healey reiterated that the administration remains in &quot;lockstep&quot; on maintaining control over public finances to avoid the market volatility seen in previous years.<\/p>\n<h2>Security Alerts Cleared in Southern Saudi Arabia<\/h2>\n<p>The Saudi General Directorate of Civil Defense announced on Monday that the &quot;danger has passed&quot; in the southern regions of <strong>Jazan and Najran<\/strong>. Earlier in the day, the National Early Warning Platform had issued emergency alerts via mobile devices, instructing residents to stay indoors and move away from windows due to unspecified potential threats.<\/p>\n<p>The alerts were issued amid ongoing regional hostilities involving Houthi forces in neighboring Yemen. However, state television confirmed shortly after the initial warnings that the immediate risk had subsided. <em>The rapid issuance and clearance of these alerts highlight the heightened security posture maintained by the kingdom to protect its civilian and economic infrastructure<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Nvidia (NVDA) authorized a record-breaking $150 billion increase to its share repurchase program, bringing its total remaining authorization 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