TSMC second-quarter sales jump 36% on June surge
Semiconductor manufacturer TSMC's sales in the second quarter rose 36 percent, following a sales surge in June.
Business
Apple sues OpenAI over alleged trade secret theft
A major row has erupted in the tech world. Apple has sued OpenAI, claiming that trade secrets have been stolen.
Business
Nvidia valuation falls to lowest level since 2019 as AI worries hit stock
The American chip giant Nvidia has lost about $1 trillion in value in the 16% drop since its peak on May 14. Nvidia's so-called P/E ratio - that is, the share price divided by the profit forecast one year ahead - has fallen to 18, the lowest level since early 2019.
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.
Business
Apple wants green light to buy blacklisted CXMT memory chips from China
iPhone manufacturer Apple is pushing to get the green light from the Trump administration to buy memory chips from Chinese firm CXMT, the Financial Times reports, citing sources.
Business
US stock market booms, Apple plummets
Major U.S. stock indexes moved in different directions on Thursday. Shares of tech giant Apple, one of the world's most valuable publicly traded companies, plummeted after it raised prices for its laptops and tablets.
Business
Tech companies surge as Wall Street rebounds
A signed agreement between the United States and Iran opened the Strait of Hormuz to traffic - and sent Wall Street stock markets higher.
Business
Trump invites large delegation to China
U.S. President Donald Trump wants to bring a large delegation with him to meet Chinese President Xi Jinping in Beijing this week, a White House source told Bloomberg. Among those invited are Tesla CEO Elon Musk and Apple's outgoing CEO Tim Cook.
Business
Wall Street hits new records as Intel surges again
The New York stock market hit a record high as oil prices fell and investors hoped the ceasefire between the United States and Iran would continue.
Business
New records on Wall Street as Apple rises after its quarterly report
After hitting a record the previous day, the New York Stock Exchange set two new records on Friday. Technology giant Apple rose after its quarterly report.
Business
Apple reports quarterly results better than expected
Technology giant Apple - the world's third-most valuable publicly listed company - reported quarterly results on Thursday evening that were better than expected.
Business
Expert: AI profitability concerns could stop the tech giants' stock market rally
The big tech companies have driven Wall Street stock indexes to new record highs over the past month - despite war and panic in energy markets. But as the companies now report their interim results, the question for investors is how profitable their huge AI investments really are.
Business
Apple's profit under Cook: SEK 9.8 trillion
It won't be easy for Apple's new CEO, John Ternus, to fill his predecessor's shoes. During Tim Cook's 15 years at the helm, the company has made a profit of over SEK 9,800 billion.
Business
Tough challenges await Apple's new CEO John Ternus
Unknown to many, John Ternus is taking over as CEO of Apple - one of the world's largest companies. His task: to fill the shoes of legendary business leaders like Steve Jobs and Tim Cook - with a number of challenges ahead.
Business
Apple CEO Tim Cook to become chairman, John Ternus to take over as CEO
Tim Cook is stepping down as CEO of Apple. Instead, he will become chairman of the company.
BusinessTop news
Trump protest: They are skipping almost everything from the US
Defrance never goes to McDonald's or Starbucks - and checks the filmmaker's political beliefs before watching an American film. Donald Trump only understands money. Our only weapon is not to buy anything from the US, claims Fabien Defrance, an economist and the driving force behind the activist group Boycott USA in France.
WorldTop news
This is how a tech shutdown would hit Europe - apocalypse
Parts of Europe are preparing for a possible future without American technology. However, completely disconnecting everyday IT from the US is essentially impossible at the moment. The imbalance is enormous, says Pontus Johnson, a professor at KTH and deputy director of Cybercampus.
Sweden
Apple's iPhone sales beat expectations
Apple reports a pre-tax profit of $42.10 billion in its quarterly report. Revenue from iPhone sales rose 23 percent from a year earlier.
Business
Wall Street retreated, night of losses for Microsoft
The U.S. stock market fell on Thursday. Software giant Microsoft was hit hard after its quarterly earnings report.
Business
Mixed performance on US stock market as S&P 500 hits new record
The leading U.S. stock indexes were mixed on Tuesday. The dollar continued to lose value.
Business
Wall Street starts the trading week higher
U.S. stock markets rose as the trading week began. Gold prices continue to soar.
Business
TSMC revenue up 20 percent in fourth quarter, beats expectations
Taiwan-based semiconductor giant TSMC increased revenue by 20 percent in the fourth quarter compared with the same period a year earlier. That was above analysts' expectations.
Business
Mixed on Wall Street - Nvidia sinks
Wall Street's leading indexes moved in different directions on Thursday. Defense stocks recovered, while several tech stocks traded lower.
Business