USA's president Donald Trump threatens to introduce punitive tariffs on all smart phones that are not manufactured in the USA. The message comes after he earlier only threatened Apple with tariffs of 25 percent if the company does not start manufacturing Iphones in the USA.
BusinessThe Stockholm stock exchange turned downward after the US President Donald Trump threatened with 50-percent tariffs on all EU goods from June onwards. The broad OMXS index retreated 0.9 percent – after having begun the week's last trading day on plus.
BusinessThe development was cautious on the US stock exchange during the first day of the trading week due to the credit rating institute Moody's downgrading of the US credit rating.
BusinessThe US stock market began the trading week with a sharp rise following the agreement on a pause in the trade war between the US and China. All major indices on Wall Street went like a train.
BusinessGoogle may be on its way to losing its top spot in the tech pyramid. For the first time in 22 years, Google's search traffic on Apple devices is decreasing. Previously, one googled, now one asks Chat GPT, says Peter Mackhé, media expert at Sweden's advertisers.
SwedenFor the ninth day in a row, the New York stock exchange's broad index S&P 500 closed on a plus. It is the longest streak since 2004.
BusinessThursday's quarterly report from the American technology giant Apple delivered something above market expectations.
BusinessIn two trading days in a row, the New York Stock Exchange had risen from weeks of ashes. It became a third day in a row when a renewed hope of lowered interest rates in the USA contributed to lifting stock prices.
BusinessThe cheerful tones on the US stock exchange continued on Wednesday. All leading indices closed on plus after indications of a cooling trade conflict with China.
BusinessThe New York stock exchange bounced back on Tuesday. All leading indexes closed on the plus side.
BusinessThe stock market in New York and other American assets fell sharply on Monday as investors desperately sought safer havens. The major tech companies – and the dollar – had another bad day.
BusinessThe seven tech giants on Wall Street – the "Magnificent 7 companies" – have in just over ten weeks lost a staggering 56,000 billion kronor in stock value. Now it's time to deliver when the seven reports are expected. Small investors have already passed their verdict – all except one company are being dumped.
BusinessThe Stockholm stock exchange remained steadily positive on the first day of the trading week. The upswing persisted until closing, with the broad OMXS index ending at plus 2.8 percent. The US stock exchanges also started positively, with several of the major tech companies trading on plus.
BusinessAmerican electronics giants breathed a sigh of relief on Friday when the US government exempted electronics from tariffs against the rest of the world. But Trade Minister Howard Lutnick is now warning that the exemptions are only temporary, reports ABC News.
BusinessThe US President Donald Trump's government is exempting smartphones, computers, and other electronics from its tariffs against countries that, according to him, have trade barriers against the USA, reports Bloomberg.
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