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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.
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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