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 markets
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
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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1
Business
Spotify swings to profit, paying subscribers rise
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
Trump's social media company to start trading on the Nasdaq on Tuesday
Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday.
Mar 25, 2024
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4
Business
Reddit, the self-anointed 'front page of the internet,' set to make its stock market debut
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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Business
Alaska Airlines says the grounding of some Boeing planes will cost the airline $150 million
Alaska Airlines said Thursday that the grounding of its Boeing 737 Max 9 jetliners will reduce full-year profit by $150 million and slow down the airline's planned growth.
Jan 25, 2024
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38
Business
China approves 105 online games after draft curbs trigger massive losses
China's press and publications authority has approved 105 new online games, saying it fully supports the industry after proposed curbs caused massive losses last week for investors in major games makers.
Dec 25, 2023
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Business
Researchers develop AI-powered model to predict stock market trends
Can artificial intelligence tools help predict stock price movement and volatility? Two South Dakota State University researchers believe so. Kaiqun Fu, assistant professor in SDSU's Department of Electrical Engineering and ...
Nov 21, 2023
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40
Business
Vodafone sells Spain unit for up to 5.0 bn euros
British mobile phone giant Vodafone announced Tuesday the sale of its Spanish division to investment fund Zegona for up to 5.0 billion euros ($5.3 billion), as part of an ongoing overhaul.
Oct 31, 2023
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