Amazon beats expectations as stock surges after strong earnings report
Technology giant Amazon's interim report exceeded market expectations.
BusinessTop news
Ukraine strikes Russian e-commerce giant Wildberries warehouses in expanded drone campaign
Ukrainian drones have attacked large e-commerce warehouses belonging to Russian e-commerce giant Wildberries over the past week. Ukraine says the company is involved in deliveries to the Russian military.
Conflicts
Alphabet shares fall after earnings report on higher AI spending and negative cash flow
Shares in Google owner Alphabet fell 3.4 percent in futures trading on Wall Street after the tech giant's earnings report on Wednesday evening Swedish time.
Technology
Viral Seattle raccoon Jimothy inspires charity auction and disability rights support
The viral raccoon Jimothy is touching and inspiring. A painting of Seattle's new mascot has been auctioned off for charity, and disability rights groups are using the raccoon with an unusually short spine as a symbol of equal worth for all.
Entertainment
US gas station sales plunge 5.3% in June as retail sales rise 0.2%
US retail sales rose 0.2 percent in June from May, but gas station sales fell 5.3 percent, the biggest drop since 2022.
Business
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.
Business
Tech Giants Lose Ground as Magnificent Seven Fall 10% in June
To reduce dependence and vulnerability in AI development, huge amounts of capital are now being moved away from the big tech giants in the US. This could also happen in Sweden, for example among our pension funds.
Technology
Sam Altman AI film Artificial revived by Neon after Amazon pause
The film "Artificial," about OpenAI CEO Sam Altman, was halted after Amazon invested $8 billion in OpenAI. Now the film is being saved by the company Neon, writes the LA Times.
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- BusinessWhere Swedes shop most online
- BusinessWall Street surged, Amazon plummeted
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