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Open AI in billion-dollar deal with Amazon
Business News

Open AI in billion-dollar deal with Amazon

Open AI has signed a deal with Amazon for the cloud service AWS. The deal is worth about $38 billion, Bloomberg reports
AI news kept the US stock market in doubt
Business News

AI news kept the US stock market in doubt

The New York Stock Exchange showed both happy and sad news. Several AI-related news pushed up prices, counterbalancing pessimistic purchasing managers, among other things
After the internet chaos: "Will see more mistakes"
Sweden News

After the internet chaos: "Will see more mistakes"

The majority of the internet rests on three American giants. Recent mistakes by the companies have caused services around the world to go down
Amazon pulled on Wall Street
Business News

Amazon pulled on Wall Street

The tech-heavy Nasdaq Composite Index rose 0. 6 percent on Friday, led by Amazon, which delivered a strong report
Stockholm Stock Exchange ends the weekend in the red
Business News

Stockholm Stock Exchange ends the weekend in the red

It was a short and somewhat sour last trading day of the week on the Stockholm Stock Exchange. At the close, OMXS fell 0
Amazon impressed – investors rejoice
Business News

Amazon impressed – investors rejoice

Amazon beat the high expectations for its market-leading cloud service AWS in its interim report. The stock rose almost 10 percent in early after-hours trading on the New York Stock Exchange
Amazon to Invest Over $5 Billion in South Korea AI Centers
Business News

Amazon to Invest Over $5 Billion in South Korea AI Centers

Amazon will invest over five billion dollars, equivalent to around 47 billion Swedish kronor, in among other things new AI centers in South Korea, announces Seoul.
Wall Street Hits New Highs as Tech Stocks Drive Gains
Business News

Wall Street Hits New Highs as Tech Stocks Drive Gains

Another day passed where the technology sector pushed up the prices on Wall Street – and where once again new record levels were noted for the large indexes.
Amazon to Cut Up to 30,000 Jobs, Sources Say
Business News

Amazon to Cut Up to 30,000 Jobs, Sources Say

The American e-commerce giant Amazon will reduce the workforce by up to 30,000 people, reports the news agency Reuters with reference to three informed sources.
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 and Anthropic Sign Multibillion-Dollar AI Chip Deal
Business News

Google and Anthropic Sign Multibillion-Dollar AI Chip Deal

The AI company Anthropic has made a deal with Google for up to one million AI data chips, worth "tens of billions of dollars", announces Anthropic.
Wall Street Rises Amid Trump's Sanction Threats on Russian Oil
Business News

Wall Street Rises Amid Trump's Sanction Threats on Russian Oil

Energy companies and technology giants were among the winners on the stock exchange in the USA since President Donald Trump announced harsh sanctions against the Russian oil industry.
Wall Street Drops Amid Concerns Over Potential New China Tariffs
Business News

Wall Street Drops Amid Concerns Over Potential New China Tariffs

New York Stock Exchange's broad S&P 500 index fell 2. 7 percent on Friday, the largest decline in a single trading day since April
Amazon to Pay $2.5 Billion in FTC Settlement Over Prime Misleading
Business News

Amazon to Pay $2.5 Billion in FTC Settlement Over Prime Misleading

Amazon has reached a settlement with the US competition authority FTC, which means that the e-commerce giant will pay a total of 2. 5 billion dollars in compensation and fines
FTC Investigates Google and Amazon Over Advertising Practices
Business News

FTC Investigates Google and Amazon Over Advertising Practices

The American competition authority FTC is examining Google and Amazon, according to sources with insight into the matter for Bloomberg.
Oracle Surges 36% on NYSE, Overtakes Klarna's Major Listing
Business News

Oracle Surges 36% on NYSE, Overtakes Klarna's Major Listing

It was a mixed bag on the New York stock exchange's leading indexes on Wednesday. Swedish Klarna stood for the year's largest listing – but Oracle stole the show
Wall Street Opens September with Losses Across Major Indexes
Business News

Wall Street Opens September with Losses Across Major Indexes

Tech giants and a ketchup manufacturer were among the losers when the New York stock exchange started September with red numbers.
Wall Street Declines After July Inflation Data Released
Business News

Wall Street Declines After July Inflation Data Released

The stock market in New York closed the week's trading with red minus figures after important inflation figures for July were released earlier on Friday. But despite this, all three major indexes on Wall Street have risen in August
Trump Considers Retaliatory Tariffs on Tech Over Digital Taxes
Business NewsTop News

Trump Considers Retaliatory Tariffs on Tech Over Digital Taxes

USA's president Donald Trump threatens to introduce further export restrictions on advanced technology. The statement is directed towards countries that in some way have legislation that the president considers "harm" American technology companies
High Hopes for Nvidia Ahead of Upcoming Quarterly Report
Business NewsTop News

High Hopes for Nvidia Ahead of Upcoming Quarterly Report

Expectations are as usual sky-high for AI giant Nvidia ahead of next week's report. It is still perhaps the world's most important company considering both the size and that it is a thermometer for the entire AI development, says Danske Bank's senior strategist Maria Landeborn
Challenges Facing Small Modular Nuclear Reactors at Ringhals
Business NewsTop News

Challenges Facing Small Modular Nuclear Reactors at Ringhals

The potential is considered to be large for the type of small modular reactors (SMR) that are now being planned at Ringhals. At the same time, the construction technology is untested in the Western world
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.
Wall Street Dips as Investors Await Powell's Speech on Interest Rates
Business News

Wall Street Dips as Investors Await Powell's Speech on Interest Rates

Uncertainty while waiting for the country's interest rate master, the central bank chief Jerome Powell. The New York stock exchange pricked up its ears ahead of Powell's speech on Friday – and the prices fell somewhat
Tech Stocks Continue to Decline on Wall Street Amid Investor Concerns
Business News

Tech Stocks Continue to Decline on Wall Street Amid Investor Concerns

The negative trend on the New York stock exchange continued on Wednesday. Another heavy day was recorded for the major technology companies
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