Amazon Exceeds Expectations but Stock Drops After Hours
American e-commerce giant Amazon reported strong figures for the latest quarter and beat market expectations. But the stock is falling in after-hours trading.
BusinessAmerican e-commerce giant Amazon reported strong figures for the latest quarter and beat market expectations. But the stock is falling in after-hours trading.
BusinessThe Stockholm stock exchange fell on Thursday, weighed down by declines in, among other things, Boliden and H&M. The broad OMXS index lost 1.0 percent.
BusinessNew York stock exchange ended the week with a record – again. The broad S&P500 index closed at a new record level for the fifth day in a row and the technology-heavy Nasdaq's composite index for the fourth time this week.
BusinessIt was upwards on the New York stock exchange when the trading week began in anticipation of the heavy tech companies' interim reports.
TechnologyUnited Kingdom is investing an additional 163 million euros, equivalent to 1.8 billion kronor, in the European satellite company Eutelsat, according to Bloomberg.
BusinessUSA is cancelling trade talks with Canada, announces the American president Donald Trump on the platform Truth Social. The message comes as a response to Canadian taxes that target American tech companies.
TechnologyThe US stock market turned up again after a break on the red side since the country's president Donald Trump on Friday announced that the US is canceling all trade talks with Canada.
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