SwedenLivingWorldBusinessSportsEntertainment

Alphabet

AI stocks are reshaping global funds, expert says diversify into Europe and Sweden
Business News

AI stocks are reshaping global funds, expert says diversify into Europe and Sweden

Global tech giants and AI companies are taking up an increasingly large share of Swedes' favorite savings fund - the global fund. That increases the risk in household savings
Wall Street Falls as Tesla and Alphabet Shares Tumble After Earnings Reports
Business News

Wall Street Falls as Tesla and Alphabet Shares Tumble After Earnings Reports

The leading US stock market indexes were in the red on Thursday. Tech giants Alphabet and Tesla plunged after Wednesday's quarterly reports
Alphabet beats expectations as AI drives 82% surge in Google Cloud revenue
Business News

Alphabet beats expectations as AI drives 82% surge in Google Cloud revenue

Google's parent company, Alphabet, beat expectations in its second-quarter report. The company's AI-powered cloud services venture nearly doubled revenue
Corporate earnings could reignite AI stock rally this week
Business News

Corporate earnings could reignite AI stock rally this week

This week, the AI craze on the world's stock markets risks flaring up again. Reports from American heavyweights such as Alphabet, Intel and IBM will be important indicators
Wall Street falls as chip stocks rise, Alphabet gains on new AI chip report
Business News

Wall Street falls as chip stocks rise, Alphabet gains on new AI chip report

The New York Stock Exchange fell at the start of the trading week. But chip companies rose
Wall Street rises after softer-than-expected US producer prices data
Business News

Wall Street rises after softer-than-expected US producer prices data

Lower than expected increases in US producer prices and slower oil price gains lifted stock prices on the New York Stock Exchange on Wednesday.
Wall Street closes sharply higher as Alphabet jumps 5% and Iran talks ease tensions
Business News

Wall Street closes sharply higher as Alphabet jumps 5% and Iran talks ease tensions

The New York stock markets closed in the green as the first day of the trading week ended.
Google buys $920 million per month of computing power from SpaceX
Business News

Google buys $920 million per month of computing power from SpaceX

Alphabet, Google's parent company, has entered into an agreement with Elon Musk's SpaceX to purchase computing power for $920 million per month (just over SEK 8. 7 billion)
Sources: Meta considering new share issue to finance AI investments
Business News

Sources: Meta considering new share issue to finance AI investments

Meta, the owner of Facebook, is considering a share issue worth tens of billions of dollars, sources told the Financial Times. The aim is to finance AI investments
Wall Street rises on new statistics and hopes for peace
Business News

Wall Street rises on new statistics and hopes for peace

Wednesday was also a strong day for the New York Stock Exchange. The indices continued to climb following positive macroeconomic data and hopes for an end to the war in Iran
Los Angeles jury finds Meta and Google failed to warn users platforms could be addictive
Business News

Los Angeles jury finds Meta and Google failed to warn users platforms could be addictive

A jury in Los Angeles has ruled that Alphabet, Google's parent company, and Meta, the owner of Facebook, failed to clearly warn users that the platforms could be addictive, CNBC reports.
Zuckerberg says Meta should have identified underage Instagram users earlier
World News

Zuckerberg says Meta should have identified underage Instagram users earlier

Meta CEO Mark Zuckerberg admits that his company should have been faster when it comes to identifying underage users on Instagram.
Zuckerberg in court accused of causing addiction in children
World NewsTop News

Zuckerberg in court accused of causing addiction in children

Some of the world's largest companies are accused of allowing millions of children to suffer in order to make money. Meta CEO Mark Zuckerberg is facing the first in a long line of legal cases over what can be offered online to minors - and who is responsible
Google owner Alphabet beats expectations in quarterly report
Business News

Google owner Alphabet beats expectations in quarterly report

Google's parent company Alphabet beat expectations in its quarterly report on Wednesday evening.
AI-driven buying spree continues on Wall Street
Business News

AI-driven buying spree continues on Wall Street

A new trading week began as the last one ended. Monday saw big gains on the New York Stock Exchange, fueled by the big AI-connected tech companies and increased hopes for an interest rate cut in December
Wall Street closed steady after shaky week
Business News

Wall Street closed steady after shaky week

A shaky week on Wall Street ended on a solid upward note. The hope of more cuts in the US interest rate helped to dispel some of the nervousness
Tech giants weighed on the US stock market
Business News

Tech giants weighed on the US stock market

Leading indexes on the New York Stock Exchange began this week's trading with declines, weighed down by price drops in some large IT companies.
The market is holding its breath ahead of Nvidia's announcement
Business News

The market is holding its breath ahead of Nvidia's announcement

Once again, all eyes are on the world's largest company – Nvidia. The company's interim report could shake up the stock market and provide answers to whether we are now seeing an AI bubble – about to burst – or not
Google builds new data centers in Germany
Business News

Google builds new data centers in Germany

Google will invest 5. 5 billion euros, equivalent to just over 60 billion kronor, in Germany – the American search giant's largest investment in the country to date
Red on Wall Street – Meta plunged by double digits
Business News

Red on Wall Street – Meta plunged by double digits

The New York Stock Exchange was down on Thursday. Facebook owner Meta, which is heavily indexed, fell sharply after its interim report the day before
Better-than-expected sales for Alphabet
Business News

Better-than-expected sales for Alphabet

Alphabet, the parent company of the American search giant Google, reports third-quarter revenue that exceeds analysts' forecasts.
Five Tech Giants Set to Influence Wall Street Trends
Business News

Five Tech Giants Set to Influence Wall Street Trends

This week, quarterly reports are expected from some of the world's most highly valued listed companies – when five of Wall Street's seven most index-heavy tech giants, called "the magnificent seven", release their figures. They are likely to affect the stock market mood for the rest of the year
Google Retains Chrome in Partial Legal Victory
Business News

Google Retains Chrome in Partial Legal Victory

The US Department of Justice wants to force Alphabet's company Google to sell the web browser Chrome. Now a federal judge is putting spokes in the wheels, reports CNBC
Powell's Speech Spurs Record Gains on Wall Street
Business News

Powell's Speech Spurs Record Gains on Wall Street

The Central Bank chief Jerome Powell lit the starting rocket – and Wall Street ended the week with a record and substantial gains on renewed hope of an interest rate cut.
Show Consent Options

Categories

Information

Sweden Herald

  • Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
  • © Sweden Herald