Buyback Blowback for Chevron, and Tesla Leads the Nasdaq to Year’s High 1/26/23

Chevron drawing the ire of lawmakers after announcing a $75b share buyback, but is the anger justified? Plus Tesla shares rallying more than 10% after its earnings report and helping the Nasdaq to close within 4 points of its 200-day moving average. We make sense of the big tech rally and whether it can last.