Global Stock Buybacks Surge 27% to $572B in Q2, Tech Leads Despite AI Spending

Global share buybacks rose 27% year-over-year to $572 billion in Q2, with the tech sector repurchasing $121.1 billion despite heavy AI investment, per Janus Henderson. The surge signals strong corporate confidence and cash generation, though it may draw scrutiny over capital allocation priorities. The trend underscores a supportive backdrop for equities, but sustainability depends on earnings resilience.