Microsoft CEO coded cricket app in his spare time
Software giant Microsoft CEO Satya Nadella spent the Thanksgiving weekend coding and designing his own app to analyze his favorite sport, cricket.
Business
AI craze continues to plague Wall Street
The New York Stock Exchange closed the trading week with significant falls as investors sold off technology stocks amid the AI craze.
Business
Microsoft and Amazon invest billions in India
The US and India are now sitting down at the negotiating table to find a solution to the trade conflict between the countries. At the same time, American giants Microsoft and Amazon are making huge investments in the country.
Business
Broad rise in the US stock market
Leading indexes on the New York Stock Exchange rose on Wednesday. In the broad S&P 500 index, about three-quarters of stocks closed in the red.
Business
Heavyweight duo invests billions in AI companies
Tech giants Nvidia and Microsoft are joining forces and investing a total of $15 billion, equivalent to nearly SEK 150 billion, in AI company Anthropic.
Business
The market is holding its breath ahead of Nvidia's announcement
Once again, all eyes are on the world's largest company – Nvidia. The company's interim report could shake up the stock market and provide answers to whether we are now seeing an AI bubble – about to burst – or not.
Business
"Horizon" becomes an online game
Sony is letting two of its strongest brands become games other than the flagship Playstation.
Entertainment
The government's reboot helped the US stock market
The final political vote to reopen the US government is near, which is cited as the reason for a slight rise in the New York Stock Exchange on Wednesday.
Business
The expert on stock market turmoil: Flying around in the dark
AI fever and a gloomy US job market are shaking up the world's stock markets. The market and the Federal Reserve are flying around in the dark, says Handelsbanken's currency strategist Tommy von Brömsen.
Business
Open AI in billion-dollar deal with Amazon
Open AI has signed a deal with Amazon for the cloud service AWS. The deal is worth about $38 billion, Bloomberg reports.
Business
AI news kept the US stock market in doubt
The New York Stock Exchange showed both happy and sad news. Several AI-related news pushed up prices, counterbalancing pessimistic purchasing managers, among other things.
Business
Microsoft allowed to ship Nvidia chips to Abu Dhabi
The US is allowing Microsoft to ship the latest Nvidia chips to the United Arab Emirates (UAE) for the first time, the Financial Times reports.
Business
Microsoft in AI deal for $9.7 billion
Microsoft has signed a deal to buy AI cloud capacity from Australian company Iren. According to Bloomberg, the deal is worth about $9.7 billion.
Business
After the internet chaos: "Will see more mistakes"
The majority of the internet rests on three American giants. Recent mistakes by the companies have caused services around the world to go down. Experts believe it will happen again.
Sweden
Amazon impressed – investors rejoice
Amazon beat the high expectations for its market-leading cloud service AWS in its interim report. The stock rose almost 10 percent in early after-hours trading on the New York Stock Exchange.
Business
Red on Wall Street – Meta plunged by double digits
The New York Stock Exchange was down on Thursday. Facebook owner Meta, which is heavily indexed, fell sharply after its interim report the day before.
Business
Microsoft's profit bigger than expected
Software giant Microsoft beat market expectations for revenue and profit for the latest quarter. Despite this, the stock fell in after-hours trading.
Business
Trump's "Halo" memes spark anger: "Fascism"
The White House and the US Department of Homeland Security are using memes about the video game "Halo" to recruit young men, according to The Guardian, among others.
Entertainment
Internet trouble on the way to being solved
Microsoft's cloud service Azure, whose infrastructure powers many websites and internet services, suffered major problems on Wednesday.
SwedenTop news
Nvidia crosses new dream threshold: $5 trillion
American Nvidia has broken yet another dream barrier. The world's leading manufacturer of advanced processors – a winner in the global wave of AI investments – is valued at over $5 trillion for the first time after another price increase.
Business
Wall Street Hits New Highs as Tech Stocks Drive Gains
Another day passed where the technology sector pushed up the prices on Wall Street – and where once again new record levels were noted for the large indexes.
Business
Microsoft Gains 27 Percent Stake in Open AI Under New Agreement
Microsoft and Chat GPT owner Open AI have entered into a new ownership agreement, which clarifies the structure of the companies' partnership. The agreement gives Microsoft a 27 percent ownership stake, which is valued at around 135 billion dollars (approximately 1,270 billion kronor).
Business
Australia Accuses Microsoft of Misleading Customers Over AI Tool Copilot
The Australian competition authority accuses Microsoft of having misled customers so that they will buy their AI tool Copilot.
Business
Five Tech Giants Set to Influence Wall Street Trends
This week, quarterly reports are expected from some of the world's most highly valued listed companies – when five of Wall Street's seven most index-heavy tech giants, called "the magnificent seven", release their figures. They are likely to affect the stock market mood for the rest of the year.
Business