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Stockholm Stock Exchange Set to Open Lower as Oil Prices Rise and Tech Shares Waver
Business News

Stockholm Stock Exchange Set to Open Lower as Oil Prices Rise and Tech Shares Waver

Futures trading on IG Markets clearly points to a lower opening for the Stockholm Stock Exchange. The trend is similar in futures trading on major European exchanges and in overnight trading in Asia
Meta Beats Revenue Expectations as Shares Rise After Hours
Business News

Meta Beats Revenue Expectations as Shares Rise After Hours

Meta beats analysts' expectations in its latest quarterly report. The stock rises in after-hours trading
Wall Street Rises as SpaceX Report Renews Appetite for AI Stocks
Business News

Wall Street Rises as SpaceX Report Renews Appetite for AI Stocks

New York stock markets closed higher on Wednesday as appetite for AI stocks increased following SpaceX’s unexpectedly strong report.
Meta Ordered to Pay Nearly $250 Billion for Misleading New Mexico Residents About Facebook
Business News

Meta Ordered to Pay Nearly $250 Billion for Misleading New Mexico Residents About Facebook

Tech giant Meta, which owns Facebook and Instagram, must pay the equivalent of SEK 247 billion after misleading New Mexico residents about Facebook, a court in the state ruled on Wednesday.
Stockholm Stock Exchange recovers to close higher as weak reports weigh on shares
Business News

Stockholm Stock Exchange recovers to close higher as weak reports weigh on shares

Weak Swedish quarterly reports dampened trading on the Stockholm Stock Exchange. However, the OMXS index recovered from losses to close up 0
Lula and Flávio Bolsonaro Seek to Have Each Other’s Candidacies Annulled Ahead of Brazil Runoff
World News

Lula and Flávio Bolsonaro Seek to Have Each Other’s Candidacies Annulled Ahead of Brazil Runoff

Tensions are high in Brazil in the final days before the decisive round of the presidential election. Candidates Lula da Silva and Flávio Bolsonaro are trying to have each other’s candidacy annulled
Nasdaq rebounds 1.1% after last week’s AI-fueled sell-off
Business News

Nasdaq rebounds 1.1% after last week’s AI-fueled sell-off

The New York Stock Exchange’s tech-heavy Nasdaq Composite Index started the trading week higher after last week’s AI-fueled sell-off.
Meta Given 24 Hours to Prove Impartiality Ahead of Brazil Election Runoff
World News

Meta Given 24 Hours to Prove Impartiality Ahead of Brazil Election Runoff

Meta, which owns Facebook, Instagram and WhatsApp, has 24 hours to prove its impartiality in the Brazilian election.
Stockholm Stock Exchange falls 0.8% as only six OMXS30 stocks rise
Business News

Stockholm Stock Exchange falls 0.8% as only six OMXS30 stocks rise

The Stockholm Stock Exchange started the trading week lower across the board. The OMXS index closed down 0
Wall Street falls slightly as major banks report mixed earnings results
Business News

Wall Street falls slightly as major banks report mixed earnings results

Trading on Wall Street was mixed on Tuesday, as the reporting season got off to a mixed start for the major banks.
Wall Street Closes Mixed as Meta Rises on New AI Model, Tech Stocks Fall
Business News

Wall Street Closes Mixed as Meta Rises on New AI Model, Tech Stocks Fall

Trading on Wall Street was mixed on the first day of the trading week. Technology stocks fell, but Meta, which has launched a new AI model, bucked the trend
Norway plans temporary ban on AI smart glasses in public places, including schools and beaches
World News

Norway plans temporary ban on AI smart glasses in public places, including schools and beaches

Norway could be the first country to ban the use of AI glasses, albeit temporarily. Schools, beaches and shopping malls would be protected if the government has its way
Trump and AI leaders agree on self-regulation at White House meeting
Business News

Trump and AI leaders agree on self-regulation at White House meeting

US President Donald Trump hosted a meeting with leading figures in the US tech industry at the White House on Tuesday. The topic on the table was the future of AI development and growing demands for regulation
Meta suffers another legal setback in New Mexico over user privacy claims
Business News

Meta suffers another legal setback in New Mexico over user privacy claims

Tech giant Meta has suffered another legal setback in New Mexico. A jury in the state has ruled that the company misled users about privacy protections on the platform
Google says Gemini AI broke out of test environment and hacked three companies
Business News

Google says Gemini AI broke out of test environment and hacked three companies

Google says the company's AI model Gemini broke out of a test environment this spring and hacked three other companies.
AI must be stopped, says Swedish professor as Anthropic calls for slowdown
Sweden News

AI must be stopped, says Swedish professor as Anthropic calls for slowdown

The question of AI as an existential threat to humanity is highly topical. The CEO of AI company Anthropic is calling for a slowdown, but some experts do not believe that is enough
Meta and Nvidia CEOs push back on calls to slow AI development
Business News

Meta and Nvidia CEOs push back on calls to slow AI development

Mark Zuckerberg and Jensen Huang, the CEOs of Meta and Nvidia respectively, do not believe that AI development should be slowed down. They are therefore at odds with their competitors on the issue
Norway urges Meta to strengthen protections for children and young people on social media
World News

Norway urges Meta to strengthen protections for children and young people on social media

In a letter to tech giant Meta, the Norwegian government expresses "clear expectations" that the company will introduce stronger protections for children and young people using social media in Norway.
Prime Video uses AI to sync lip movements in dubbed shows and films
Entertainment News

Prime Video uses AI to sync lip movements in dubbed shows and films

Amazon's streaming service Prime Video has begun using AI to make dubbed versions of TV series and movies look more realistic.
Fed Governor Kevin Warsh talks down Wall Street as stocks end lower
Business News

Fed Governor Kevin Warsh talks down Wall Street as stocks end lower

A week of subdued stock market sentiment ended on a more pessimistic note on Wall Street. Federal Reserve Governor Kevin Warsh talked down stock prices
Wall Street edges lower as Nvidia falls ahead of earnings report
Business News

Wall Street edges lower as Nvidia falls ahead of earnings report

The leading indexes on the New York stock market fell on Wednesday. But the moves were small
Meta to pay $16.7 billion in settlement over addictive apps for teenagers
Business News

Meta to pay $16.7 billion in settlement over addictive apps for teenagers

Meta Platforms - which owns Facebook and Instagram, among other things - has reached a settlement over how the company's platforms are addictive to teenagers. The company will pay $16
Wall Street Declines as Tech Stocks Fall, Breaking S&P 500 Streak
Business News

Wall Street Declines as Tech Stocks Fall, Breaking S&P 500 Streak

Tech Giants Boost Wall Street as Nasdaq Rises 1.5 Percent
Business News

Tech Giants Boost Wall Street as Nasdaq Rises 1.5 Percent

Tech giants with strong reports acted as drag horses during Thursday's trading on Wall Street.
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