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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
Huawei bids for major AI data center deal in Egypt, report says
Business News

Huawei bids for major AI data center deal in Egypt, report says

Tech giant Huawei Technologies - Nvidia’s biggest Chinese competitor - has offered to build a new large AI data center in Egypt, as the Trump administration tries to get American companies to come up with a better offer.
Nvidia to raise prices on AI chip servers by 15%, report says
Business News

Nvidia to raise prices on AI chip servers by 15%, report says

Court ruling lets GTA VI developer seek leak source from Microsoft and Discord
Entertainment News

Court ruling lets GTA VI developer seek leak source from Microsoft and Discord

The developer behind "Grand Theft Auto VI" is getting the right to hunt for those behind leaks ahead of the highly anticipated game's upcoming launch.
Boeing surges after FAA clears 737 Max 7 as Wall Street rises broadly
Business News

Boeing surges after FAA clears 737 Max 7 as Wall Street rises broadly

The rise was broad-based on the US stock market on Monday, with tech giants leading the way. Boeing also surged - after the 737 Max 7 model was given the green light by the US aviation authority FAA
Amazon tops $3 trillion in market value for the first time
Business News

Amazon tops $3 trillion in market value for the first time

Tech giant Amazon has surpassed $3 trillion in market capitalization for the first time, becoming the fifth company ever to reach the milestone.
EU AI Act takes effect, but fines for many companies are delayed until 2027
World News

EU AI Act takes effect, but fines for many companies are delayed until 2027

It will now be easier to know if you are interacting with AI-generated material. But for many large companies, it will be months before they face the risk of fines
AI stocks are reshaping global funds, expert says diversify into Europe and Sweden
Business News

AI stocks are reshaping global funds, expert says diversify into Europe and Sweden

Global tech giants and AI companies are taking up an increasingly large share of Swedes' favorite savings fund - the global fund. That increases the risk in household savings
South Korean stocks surge as AI chip giants Samsung and Hynix rebound
Business News

South Korean stocks surge as AI chip giants Samsung and Hynix rebound

The turbulence on the Seoul Stock Exchange continues. The trading week ended with a historic 18 percent gain
Wall Street rallies as Microsoft posts historic stock surge
Business News

Wall Street rallies as Microsoft posts historic stock surge

After the AI frenzy earlier this week, the New York stock markets turned upward. The big winner was Microsoft, which posted a historic gain
Microsoft beats expectations as Azure cloud revenue jumps 43%
Business News

Microsoft beats expectations as Azure cloud revenue jumps 43%

Microsoft exceeded market expectations when the tech giant released its quarterly report.
Tech giants team up to defend against AI-driven cyberattacks
Business News

Tech giants team up to defend against AI-driven cyberattacks

A large number of technology companies have entered into a collaboration to better defend against AI-driven cyberattacks.
Viral Seattle raccoon Jimothy inspires charity auction and disability rights support
Entertainment News

Viral Seattle raccoon Jimothy inspires charity auction and disability rights support

The viral raccoon Jimothy is touching and inspiring. A painting of Seattle's new mascot has been auctioned off for charity, and disability rights groups are using the raccoon with an unusually short spine as a symbol of equal worth for all
Apple briefly overtakes Nvidia as world’s most valuable listed company
Business News

Apple briefly overtakes Nvidia as world’s most valuable listed company

Apple was briefly once again the world's most valuable listed company, ahead of AI giant Nvidia.
Wall Street rises after softer-than-expected US producer prices data
Business News

Wall Street rises after softer-than-expected US producer prices data

Lower than expected increases in US producer prices and slower oil price gains lifted stock prices on the New York Stock Exchange on Wednesday.
IBM shares plunge more than 20% after profit warning
Business News

IBM shares plunge more than 20% after profit warning

IBM shares plunge in futures trading, down more than 20 percent, after a profit warning.
Microsoft cuts 4,800 jobs as Xbox division loses 3,200 positions
Business News

Microsoft cuts 4,800 jobs as Xbox division loses 3,200 positions

Software giant Microsoft has had a tough year on the New York Stock Exchange and is cutting 4,800 jobs to lower costs.
Tech Giants Lose Ground as Magnificent Seven Fall 10% in June
Business News

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
PlayStation to phase out physical games starting in January 2028
Business News

PlayStation to phase out physical games starting in January 2028

Anyone who wants physical editions of their PlayStation games can mark January 2028 on the calendar as a day of mourning. From then on, Sony will begin phasing out physical games for its console
Interest rate fears sent Wall Street plummeting after Fed signals rate may be raised this year
Business News

Interest rate fears sent Wall Street plummeting after Fed signals rate may be raised this year

The US stock market fell sharply after the Federal Reserve's Wednesday interest-rate announcement. All major indexes fell at least 1 percent
SpaceX and Microsoft in tight battle for rankings of world's most valuable listed companies
Business News

SpaceX and Microsoft in tight battle for rankings of world's most valuable listed companies

SpaceX's rocket trip on Wall Street has shaken up the rankings of the world's most valuable listed companies. The company is now battling Microsoft for fourth place
Summer speaker of the year - Felicia talks about the mask
Entertainment NewsTop News

Summer speaker of the year - Felicia talks about the mask

Will this year's "Summer" also be a marathon of trauma? Not at all, according to program director Bibi Rödöö, who highlights business figures and sports professionals. Among the summer speakers are author Amanda Romare and Eastern Europe expert Martin Kragh
War fears drove Wall Street lower as US and Iran exchanged attacks despite a ceasefire
Business News

War fears drove Wall Street lower as US and Iran exchanged attacks despite a ceasefire

The New York Stock Exchange fell and oil prices rose on Wednesday after the United States and Iran exchanged attacks despite a ceasefire.
After Trump's threat, EU to reduce US dependence on cloud services
World NewsTop News

After Trump's threat, EU to reduce US dependence on cloud services

Europe wants to be independent - but doesn't dare to really break up with the US. President Donald Trump's every move is forcing new demands for independence in cloud services and chip purchases
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