Machines are making more decisions at giant hedge fund
AQR Capital Management is letting machines play an even bigger role across the $109 billion quant powerhouse, says co-founder Cliff Asness.
Jun 27, 2024
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Business
News tagged with stock
Automotive
Rivian shares soar on massive cash injection from Volkswagen, starting immediately with $1 billion
Shares of Rivian soared 40% before markets opened Wednesday after Volkswagen vowed to invest $1 billion in the struggling electric vehicle maker immediately, and a potential total of up to $5 billion as part of a software ...
Jun 26, 2024
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Business
Boeing CEO to face Capitol Hill grilling
Boeing CEO Dave Calhoun is expected to apologize to families of crash victims on Tuesday as he faces a Senate grilling following accusations that the plane maker put profits over safety.
Jun 18, 2024
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Business
How Elon Musk's $44.9B Tesla pay package compares with the most generous plans for other U.S. CEOs
Even though the median U.S. CEO pay package last year was nearly 200 times more than a worker in the middle of their company pay scales, Elon Musk's record-setting Tesla compensation dwarfs them by comparison.
Jun 16, 2024
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Business
Intel suspends expansion of factory plan in Israel
Intel is halting the expansion of a major factory project in Israel, which was going to pump an extra $15 billion towards a chip plant.
Jun 11, 2024
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Business
US ramps up oversight of major AI players: Report
Top US antitrust enforcers are moving forward with investigations into the roles played by Microsoft, OpenAI and Nvidia in the artificial intelligence boom, according to a report on Thursday.
Jun 6, 2024
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Business
Elon Musk sees another big advisory firm come out against his multibillion dollar pay package
A second shareholder advisory firm has come out against reinstating a pay package for Tesla CEO Elon Musk that was voided earlier this year by a Delaware judge.
May 31, 2024
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Business
Reddit gives OpenAI access to its wealth of posts
OpenAI will have access to Reddit data for training its artificial intelligence models and will put its technology to work on the popular discussion platform, the companies said Thursday.
May 17, 2024
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Business
Reddit's share price has held since it went public, but the firm's unique structure could be its undoing
Reddit, the social networking platform that recently floated on the stock market, saw its shares surge 15% on the back of its first-quarter financial results on May 8.
May 13, 2024
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Business
Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles
Tesla's first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would move up production of new, more affordable vehicles.
Apr 24, 2024
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Stock
In the investment world, a share of stock (also referred to as equity share) represents a share of ownership in a corporation (company).
In the plural, stocks is often used as a synonym for shares especially in the United States, but it is less commonly used that way outside of North America.[1]
In the United Kingdom, South Africa, and Australia, stock can also refer to completely different financial instruments such as government bonds or, less commonly, to all kinds of marketable securities.[2]
This text uses material from Wikipedia, licensed under CC BY-SA
