Nvidia rises 2% on $150 billion buyback and AI safety platform

  • Nvidia announced a larger buyback and introduced its Open Agent Safety Platform.
  • Nvidia shares rose more than 2%, nearing the all-time high above $236.
  • Boeing identified a 737 Max software glitch affecting automated navigation.

Nvidia shares rose more than 2% during Monday's CNBC Investing Club review, approaching the all-time high above $236 set in May after the company announced an additional $150 billion stock buyback and its Open Agent Safety Platform. The platform is designed to keep artificial-intelligence models inside controlled testing environments and includes CrowdStrike and Palo Alto Networks among dozens of partners. The discussion also covered rising oil prices and bond yields, declines in the S&P 500 and Nasdaq, and continuing oversold conditions identified by the S&P Short Range Oscillator. Meta Platforms fell 4% despite hiring MongoDB CEO CJ Desai to lead its new enterprise platform, while MongoDB dropped nearly 20%. Boeing declined roughly 4.5% after identifying a 737 Max software glitch affecting automated navigation, though Jim Cramer called the move an overreaction and said he would consider adding only if the shares fell toward $180 from about $190. PepsiCo received an analyst downgrade, while Eli Lilly received another price-target increase ahead of next month's earnings.

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