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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.
Stock market fall on Wall Street – sowing concern about AI bubble
The American stock exchange fell sharply on Wednesday and some analysts are airing thoughts about a possible AI bubble. The market is not impressed by the start of the earnings season for megatech stocks, says Kathleen Brooks at the investment platform XTB to Bloomberg.
Time to Deliver for Tesla and Elon Musk
Can AI-hyped Nvidia continue to beat expectations? And how is it really going for Tesla? The American tech giants, who have dominated the stock exchange and attracted many Swedish small investors along the way, will now have to show their colors. Tesla stands out a bit on the negative side, says Frida Bratt, savings economist at Nordnet.
He has become 772 billion richer in six months
The half-leader giant Nvidia's success means that founder Jensen Huang's total wealth continues to increase. Huang is now the world's twelfth richest person according to Bloomberg's billionaire list with a total wealth of 119 billion dollars.
Sweden bucks the trend – fewer dollar millionaires
Fewer in Sweden but more in the world, the number of dollar millionaires is increasing again. And the very richest at the top now control 34 per cent of the world's wealth.
Spotify raises prices – in the USA
Spotify raises prices in the US, its largest market, in July. The New York-listed Spotify stock jumps 5% in pre-market trading on Wall Street after the announcement.
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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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