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New Report Boost for AI Giant Nvidia's Share
The AI boom's big winners, Nvidia beat expectations as usual in terms of profit, sales, and forecasts in Wednesday's quarterly report. Nvidia's share price immediately fell after the report, but recovered in futures trading ahead of Wall Street's opening on Thursday.
Facebook's owner fined billions
Facebook's parent company Meta has been fined by the EU Commission to pay equivalent to approximately 9. 2 billion kronor in fines.
This is how your wallet can be affected by Trump's victory
A weaker krona and rising prices on imported goods. These are a few possible consequences now that Donald Trump has secured victory in the presidential election.
The Bin Can Stop Zuckerberg's Plans
Facebook owner Meta, with Mark Zuckerberg at the helm, has plans to build an AI data center in the USA powered by nuclear energy. However, the plans have hit a snag, reports Financial Times.
Amazon led the upswing on Wall Street
The New York Stock Exchange's broad S&P 500 index rose 0. 4 percent on the last trading day of the week and thus recovered some of the decline from the previous day, when the index had its worst day in two months.
Wall Street opens upwards after weak job figure
The stock exchanges in New York open Friday's trading upwards after an unexpectedly weak job figure for October from the US Department of Labor. American long-term interest rates are simultaneously being pushed downwards.
The Stockholm Stock Exchange closed on a plus
It was a half-day on the Stockholm Stock Exchange, which closed at 1 pm with a plus. The broad OMXS index rose by 0.
Better than expected for Amazon
Amazon reported a quarterly result above market expectations when the report for the third quarter was released on Thursday. The e-commerce giant's adjusted profit per share during the quarter was 1.
Tech Giants' Reports - "a Nail-Biter"
This week's reports from the tech companies in "The magnificent seven" can be a real thrill. It will be a Halloween theme, a slightly spooky week, says Frida Bratt, savings economist at Nordnet.
Former Amazon employee rants about uninspiring work environment on Linkedin
A former employee of the e-commerce giant Amazon vented on Linkedin about the uninspiring work environment at the company. She described it as characterized by "meaningless meetings and mediocre middle managers".
Amazon makes multi-billion investment in nuclear power
Google has already announced it, now e-commerce giant Amazon is doing the same, namely signing agreements on nuclear power projects. In an attempt to meet a growing energy demand, Amazon will now be involved in developing so-called small modular reactors (SMR), the company writes in a press release.
X fails to meet EU requirements – not "important" enough
X as a platform is not "important" enough to be subject to the strictest EU laws according to a recent decision. .
Embracer soars on the stock exchange amid new rumors
The Swedish gaming company Embracer is soaring on the Stockholm Stock Exchange following speculation that media giant Amazon will make a bid for the company. In the final trade, the share is up nearly 7 percent, making it the second-best performer of the day on the Stockholm Stock Exchange.
Zuckerberg now the second richest in the world
It's only a week since Mark Zuckerberg was the world's fourth richest person. Now he is the world's second richest.
Google sues Microsoft for anti-competitive practices
The search giant Google has initiated a new legal battle with Microsoft and accuses the company of using licensing agreements that hinder competition in the market for cloud services. According to Google, the competitor's actions constitute a breach of the EU's competition rules.
Mr Beast sued: "Tormented participants" in new series
Mr Beast drove the contestants in his new competition series so hard that they couldn't eat or rest properly. Furthermore, they were subjected to sexual harassment.
Caution on the US Stock Exchange Ahead of Interest Rate Decision
Trading on the New York Stock Exchange was cautious on Tuesday ahead of the important interest rate decision expected on Wednesday from the US central bank. The leading indexes only moved marginally.
Amazon Invests Billions in the UK
Tech giant Amazon is investing eight billion pounds, equivalent to around 108 billion kronor, in the UK over the next five years, the company announces. The announcement is welcome news for the country's new Labour government, which has put economic growth at the center and promised to "rebuild" the country.
Nvidia falls - "The market has become spoiled"
Nvidia – AI boom's big winner – beats expectations on almost all lines in its report for the second quarter. This also applies to the forecast ahead.
Nvidia new small investor favorite – overtakes Tesla
The AI-hype's big winner, American Nvidia, has ahead of this evening's quarterly report surpassed Tesla as the largest US stock among online broker Nordnet's customers. Now Nvidia is the ninth most owned on the entire platform, says Nordnet's savings economist Frida Bratt.
Historic downturn for Intel on the red New York stock exchange
The stock exchanges fell sharply in Friday's stock trading on Wall Street. The three leading indexes on the New York Stock Exchange closed on minus.
Amazon's revenue worse than expected
The American e-commerce giant Amazon did not entirely live up to market expectations. The revenue for the second quarter amounted to 147.
Risk of Backlash for Tech Giants – and Small Investors
This week, several tech companies in "The magnificent seven" will publish quarterly reports. There is a risk that the results will be worse than expected.
Up on Asian Stock Exchanges Ahead of Busy Week
The trend pointed upwards on leading Asian stock exchanges in the initial Monday trading. Tokyo's Nikkei 225 index was up 2.
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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.
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