HomeBusiness & MoneyThe AI Trade could kill stock buybacks (QQQ:NASDAQ)

The AI Trade could kill stock buybacks (QQQ:NASDAQ)


Nov. 13, 2025 7:56 AM ETInvesco QQQ Trust ETF (QQQ), SPY, IVV, VOO, , , , , By: Kim Khan, SA News Editor

Maria Vonotna

The race for AI dominance could soon wipe out one of corporate America’s favorite avenues for shareholder return: the stock buyback.

The market may be on the brink of a “de facto Fed tightening,” according to Nomura strategist Charlie McElligott. If growth and



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