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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14
Business
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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14
Business
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
Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter.
Apr 23, 2024
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Business
Shares of Ibotta, a Walmart-backed digital company that offers customers cash-back rewards and rebates on grocery brands ranging from Nestle to Coca-Cola, rose 17% in their Wall Street debut.
Apr 18, 2024
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Business
The stock price for Donald Trump's social media company slid again Monday, pushing it more than 66% below its peak set late last month.
Apr 16, 2024
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Business
Several artificial intelligence startups are looking into the process of going public, according to an executive at the New York Stock Exchange, as the market for tech listings gains steam.
Apr 10, 2024
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Business
Sam Altman, the CEO of ChatGPT creator OpenAI, has become a billionaire, Forbes said Monday.
Apr 8, 2024
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Business
Donald Trump's social media platform, Truth Social, went public on Tuesday March 26. Shares in parent company Trump Media & Technology Group surged 15% after its first day of trading on the Nasdaq stock exchange, adding US$1.1 ...
Apr 3, 2024
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Business
Reddit and its eclectic bazaar of online communities is ready to plumb high-stakes territory—the stock market.
Mar 21, 2024
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Automotive
French automaker Renault said Monday that it was halting the initial public offering of its EV unit Ampere, saying market conditions were unfavorable to list the company's shares.
Jan 29, 2024
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A stock exchange, (formerly a securities exchange) is a corporation or mutual organization which provides "trading" facilities for stock brokers and traders, to trade stocks and other securities. Stock exchanges also provide facilities for the issue and redemption of securities as well as other financial instruments and capital events including the payment of income and dividends. The securities traded on a stock exchange include: shares issued by companies, unit trusts, derivatives, pooled investment products and bonds. To be able to trade a security on a certain stock exchange, it has to be listed there. Usually there is a central location at least for recordkeeping, but trade is less and less linked to such a physical place, as modern markets are electronic networks, which gives them advantages of speed and cost of transactions. Trade on an exchange is by members only. The initial offering of stocks and bonds to investors is by definition done in the primary market and subsequent trading is done in the secondary market. A stock exchange is often the most important component of a stock market. Supply and demand in stock markets is driven by various factors which, as in all free markets, affect the price of stocks (see stock valuation).
There is usually no compulsion to issue stock via the stock exchange itself, nor must stock be subsequently traded on the exchange. Such trading is said to be off exchange or over-the-counter. This is the usual way that derivatives and bonds are traded. Increasingly, stock exchanges are part of a global market for securities.
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