9AM HOUR: Nvidia Adds $150B to Stock Buyback; Oil Prices and Yields Surge; MongoDB CEO Leaves for Meta 9/28/26
Squawk on the Street
- Published
- September 28, 2026
- Duration
- 42:39
- Summary source
- description
- Last updated
- Sep 28, 2026
Discusses agents, investing.
Summary
Carl Quintanilla and Jim Cramer led off the show with a double dose of news from Nvidia: The company said it is adding a record-setting $150 billion to its share repurchase program. The tech giant also unveiled a software platform to prevent AI agents from misbehaving. Hear what Nvidia CEO Jensen Huang told CNBC about the "Open Agent Safety Platform." The…
Jim Cramer returns to discuss Nvidia's record $150B buyback, AI safety coalitions, oil-driven inflation fears, and why cybersecurity stocks like CrowdStrike and Palo Alto may be the real AI trade.
Key takeaways
- Nvidia announced a record $150B stock buyback expansion, with Cramer arguing active repurchases modeled after Apple's Luca Maestri approach could materially change the stock's trajectory.
- A broad AI safety coalition (including CrowdStrike, Palo Alto, Okta, and Cisco's Chuck Robbins) is positioning cybersecurity firms—not just AI labs—as the engineering solution to agentic AI containment risks, notably absent OpenAI.
- Embedded inflation driven by energy costs (Hormuz tanker rates, diesel, heating oil) and geopolitical risk is pressuring consumer staples and long-duration yield stocks, with Goldman flagging layered cost headwinds into winter.
Why this matters
For B2B investors, the convergence of Nvidia's capital return program, an emerging AI safety infrastructure layer led by cybersecurity incumbents, and persistent energy-driven inflation creates distinct sector rotation signals across semiconductors, enterprise security, energy, and consumer staples heading into Q4 earnings.
Entities
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9AM HOUR: Nvidia Adds $150B to Stock Buyback; Oil Prices and Yields Surge; MongoDB CEO Leaves for Meta 9/28/26
Squawk on the Street
September 28, 2026
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Show notes
Carl Quintanilla and Jim Cramer led off the show with a double dose of news from Nvidia: The company said it is adding a record-setting $150 billion to its share repurchase program. The tech giant also unveiled a software platform to prevent AI agents from misbehaving. Hear what Nvidia CEO Jensen Huang told CNBC about the "Open Agent Safety Platform." The anchors discussed stocks under pressure as Treasury yields and oil prices jumped — after President Trump rejected Iran's proposal to reopen th
Themes
- agents
- investing