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SKF’s Third-Quarter Adjusted Operating Profit Rises to SEK 2.84 Billion
Business News

SKF’s Third-Quarter Adjusted Operating Profit Rises to SEK 2.84 Billion

Gothenburg-based ball bearing manufacturer SKF reported adjusted operating profit of SEK 2. 84 billion in the third quarter of this year, compared with SEK 2
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
Nvidia CEO Jensen Huang Visits Sweden to Launch Sferical One Supercomputer
Business News

Nvidia CEO Jensen Huang Visits Sweden to Launch Sferical One Supercomputer

Several AI leaders have raised the alarm after so-called AI agents escaped and caused data breaches. Nvidia CEO Jensen Huang is not among them
Stock Markets Fall as Oil Prices and Interest Rates Rise Globally
Business News

Stock Markets Fall as Oil Prices and Interest Rates Rise Globally

Rising market interest rates and energy prices are weighing on stock markets around the world. In Stockholm, the broad OMXS index fell 0
Stockholm Stocks Fall 1.6% as Rising US Bond Yields Weigh on Markets
Business News

Stockholm Stocks Fall 1.6% as Rising US Bond Yields Weigh on Markets

The Stockholm Stock Exchange followed a global downward trend on Wednesday. The broad OMXS index closed down 1
Stockholm Stocks Rise 0.8% as Saab Falls 4.1% in a Mixed Trading Day
Business News

Stockholm Stocks Rise 0.8% as Saab Falls 4.1% in a Mixed Trading Day

The Stockholm Stock Exchange’s broad OMXS index was up 0. 8 percent on Tuesday, but defense group Saab had a tough day
AI Greta Garbo stars in commercial for Swedish industrial company SKF
Entertainment News

AI Greta Garbo stars in commercial for Swedish industrial company SKF

Critics called the AI-assisted revival of dead actor Val Kilmer “ghost exploitation. ” Now there’s also an AI version of Greta Garbo
Stockholm stock market ends week higher as OMXS rises 0.6%
Business News

Stockholm stock market ends week higher as OMXS rises 0.6%

The Stockholm Stock Exchange ended the trading week higher. The broad OMXS index rose 0
Stockholm Stock Exchange rises for second day as markets shake off Fed concerns
Business News

Stockholm Stock Exchange rises for second day as markets shake off Fed concerns

For the second day in a row, the Stockholm Stock Exchange rose broadly, in line with leading European exchanges. The OMXS index closed up 1
Stockholm Stock Exchange ends week slightly higher as oil eases
Business News

Stockholm Stock Exchange ends week slightly higher as oil eases

The Stockholm Stock Exchange rose slightly on the last trading day of the week after the oil price retreated slightly, albeit from continued high levels.
AI concerns weigh on Stockholm Stock Exchange as ABB falls 2.3 percent
Business News

AI concerns weigh on Stockholm Stock Exchange as ABB falls 2.3 percent

Concerns in the AI sector are weighing on Wall Street - and sending ripples through Sweden. The Stockholm Stock Exchange's broad OMXS index fell 0
Swedish AI company Lovable valued at 127 billion after new funding round
Business News

Swedish AI company Lovable valued at 127 billion after new funding round

The Swedish AI company Lovable raises $400 million, equivalent to 3. 8 billion kronor, in a new funding round, reports the Wall Street Journal, among others
Boliden falls after quarterly report as Stockholm stocks rise
Business News

Boliden falls after quarterly report as Stockholm stocks rise

The Stockholm Stock Exchange's broad OMXS index rose 0. 2 percent on Tuesday, in line with the leading European exchanges
Stockholm stock market falls as Sandvik and Volvo Cars slump amid global AI hype shift
Business News

Stockholm stock market falls as Sandvik and Volvo Cars slump amid global AI hype shift

The Stockholm Stock Exchange fell, with steep declines for several engineering giants, while global markets are gripped by a new round of AI hype. The OMXS index closed down 0
Strong reporting season expected as earnings flood begins next week
Business NewsTop News

Strong reporting season expected as earnings flood begins next week

The flood of reports gets going in earnest next week. The economy looks good, says Lars Söderfjell at the Bank of Åland
SKF to form China joint venture for humanoid robot parts
Business News

SKF to form China joint venture for humanoid robot parts

Ball bearing manufacturer SKF will form a new company in China focusing on parts for robots, according to a press release.
Sad stock market day in Stockholm as oil prices rise
Business News

Sad stock market day in Stockholm as oil prices rise

The Stockholm Stock Exchange ended the final trading day of the week in the red as oil prices rose.
The stock market turned negative - ABB against the tide
Business News

The stock market turned negative - ABB against the tide

The Stockholm Stock Exchange moved lower on Wednesday afternoon and the broad OMXS index closed 0. 4 percent lower
Stockholm stock exchange closed down after rapid oil price increase
Business News

Stockholm stock exchange closed down after rapid oil price increase

The Stockholm Stock Exchange was upbeat for much of Tuesday - but closed 0. 6 percent lower after oil prices suddenly rose
SKF Q1 results worse than expected as operating profit falls to just over SEK 2.6 billion
Business News

SKF Q1 results worse than expected as operating profit falls to just over SEK 2.6 billion

Stock market turned and ended in the red in Stockholm
Business News

Stock market turned and ended in the red in Stockholm

The Stockholm Stock Exchange fell on Wednesday despite hopes of an extended ceasefire between Iran and the U. S
Stockholm stock market closed in the green
Business News

Stockholm stock market closed in the green

The rise on the Stockholm Stock Exchange continued throughout the day, and at the close the OMXS index was up 1. 1 percent
Full focus on the Iran war in flood of first-quarter reports
Business News

Full focus on the Iran war in flood of first-quarter reports

There is full focus on President Donald Trump and on how the war with Iran is unfolding ahead of listed companies' first-quarter reports. That is all the market is looking at
Stockholm Stock Exchange falls slightly in volatile trading
Business News

Stockholm Stock Exchange falls slightly in volatile trading

The Stockholm Stock Exchange fell slightly on Tuesday, with the broad OMXS index down 0. 1 percent
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