Nova Ltd. NVMI

Nova (NasdaqGS:NVMI) has put a fresh US$200 million share repurchase plan on the table, backed by existing cash, after its board approved the new buyback authorization. The buyback comes after a sharp pullback, with Nova’s share price down about 39% over the past 90 days and roughly 20% over the past month. This is in contrast to the 1-year total shareholder return of about 12% and the 3-year total shareholder return of around 196%, which remain strong by comparison. Scan how other...

A number of stocks fell in the afternoon session after the chief executives of Anthropic, OpenAI, and SpaceX publicly united to call for a deliberate slowdown in the development of frontier AI models over escalating safety risks. According to CNBC, the sell-off was triggered by an essay published over the weekend by Anthropic CEO Dario Amodei, who urged a more cautious approach to frontier model advancement and called for independent safety monitoring. In a rare show of unity among competitors,