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Wall Street Hits Fifth Consecutive Record as Week Ends
New 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.
Coldplay Concert Kiss Cam: HR Manager Resigns After CEO's Exit
After the CEO of Astronomers, Andy Byron, resigned, the HR manager who was with him at the Coldplay concert has also left the company, reports among others CNBC. .
Starlink Outage Affects Over 60,000 Users for 2.5 Hours
The Starlink satellite network was down on Thursday evening. After around 2.
Wall Street Hits New Record Levels Amid Strong US Labor Market
Again, the US labor market shows stubborn strength, which reduces the chances of a rate cut. At the same time, the New York stock exchange climbed to new record levels.
Tesla Q2 Earnings Fall Short of Market Expectations
The already economically badly damaged electric car giant Tesla disappointed the market's expectations in its report for the year's second quarter. .
Alphabet Surpasses Q2 Expectations with Strong Revenue Growth
Google's parent company Alphabet exceeded expectations in its quarterly report for the second quarter, reports CNBC. The IT giant's turnover landed at 96.
Bessent Backs Powell Amid Trump's Call for Resignation
USA's Finance Minister Scott Bessent gives clear support to the central bank chief Jerome Powell after Donald Trump's outburst that he should resign. If he wants to stay, I think he should, says Bessent to the TV channel Fox Business.
EU-US Tariff Talks Reach Most Sensitive Stage
The negotiations on tariffs between the EU and the USA are in their most sensitive stage, says Olof Gill, spokesperson for the EU Commission on trade issues. All negotiations are psychology, says Olof Gill to TT.
Wall Street Begins Week with Cautious Optimism Ahead of Tech Reports
It was upwards on the New York stock exchange when the trading week began in anticipation of the heavy tech companies' interim reports. .
Sweden Secures Exemptions for Five Goods from EU Tariff List
Five products from Swedish industry are now being removed from the countermeasure package that the EU plans to implement if the USA introduces 30-percent tariffs on August 1. - That we got it through has saved jobs within Swedish industry, says Minister for Foreign Trade Benjamin Dousa (The Moderate Party) to TT.
Positive Trends on China's Stock Markets as Week Ends
It was mostly upwards on the stock exchanges in Asia during the week's last trading day. .
Netflix Surpasses Market Expectations in Second Quarter Results
The streaming service Netflix again exceeded the market's expectations for profit and sales – now in the company's report for the second quarter. .
Pepsico Surpasses Analyst Expectations with Strong Quarterly Results
The soft drink and snack company Pepsico reports a result slightly above the analysts' expectations, writes CNBC. Sales increased by a total of 1 percent in the quarter despite a declining sales in North America for the best-seller Pepsi.
US Stock Market Dips and Recovers Amid Trump-Powell Rumors
President Donald Trump was reported to be on his way to fire the central bank chief Jerome Powell – and the New York stock exchange fell back quickly. It recovered to plus when Trump dismissed the reports.
Trump Reportedly Near Firing Powell, But Denies It
USA's president Donald Trump will likely fire central bank chief Jerome Powell shortly, reports American media with reference to sources in the White House. Highly unlikely, counters Trump – but leaves the door ajar.
Nvidia Boosts Nasdaq Amid Gloomy New York Stock Market
The day was characterized by inflation statistics, tariff statements and quarterly reports. But despite the semiconductor giant Nvidia climbing, the numbers on the New York stock exchange were largely negative.
New York Stock Exchange Sees Cautious Gains Amid Tariff Concerns
Yet another stock market day in New York where analysts tried to understand the consequences of President Donald Trump's rolling wave of tariff announcements. And once again, it resulted in cautious price movements.
Asian Markets React to Weekend Tariff News with Mixed Movements
The larger Asian indexes moved in different directions during the week's first trading day. .
Norway Bucks Trend with Rising Tesla Sales Amid European Decline
The electric car manufacturer Tesla's sales in Europe have been declining lately. But in Norway, the development is going in the opposite direction.
Wall Street Hits New Highs as S&P 500 and Nasdaq Set Records
The specter of trade war did not scare investors on Wall Street. All leading indexes rose on Thursday and both S&P500 and Nasdaq reached new record levels.
London Stock Exchange Hits Record High Amid Mining Stock Surge
The London Stock Exchange's broad FTSE 100 index hits a new intraday record on Thursday after a large increase among the country's mining shares, writes CNBC. Companies such as Anglo American, Rio Tinto and Glencore have a large exposure to the copper market.
Microsoft to Lay Off 9,000 Employees Worldwide
IT giant Microsoft is getting rid of an additional 9,000 employees, or around four percent of the workforce worldwide, reports CNBC. Wednesday's announcement comes after the group in May announced that around 6,000 employees would be let go.
Asian Stock Markets Mostly Rise with Japan Leading Gains
The leading stock exchanges in Asia have after a few hours of trading a mixed development – but most point upwards. .
Asian Markets Rise Amid Middle East Tensions
Despite a weekend marked by robot attacks between Israel and Iran, the Asian stock exchanges are starting the week on the green. New retail sales figures from China made the country's stock exchanges rise slightly.
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Sweden Herald
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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