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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
Tesla beats quarterly earnings and revenue expectations as shares rise after hours
Business News

Tesla beats quarterly earnings and revenue expectations as shares rise after hours

Tesla beats expectations in its quarterly report despite a slight decline in vehicle sales revenue. 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.
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
Musk Says He Would Support a Tesla-SpaceX Merger, but No Deal Is Certain
Business News

Musk Says He Would Support a Tesla-SpaceX Merger, but No Deal Is Certain

Elon Musk says he would support a possible merger between the technology giants SpaceX and Tesla if it were to happen.
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.
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
Tesla Unveils New Roadster With a Flying Variant and 0-100 km/h Acceleration in Under a Second
Business News

Tesla Unveils New Roadster With a Flying Variant and 0-100 km/h Acceleration in Under a Second

Extreme acceleration - from 0 to 100 kilometers per hour in under a second - and the ability to fly. Elon Musk and Tesla have now unveiled their new Roadster, which will be launched in three variants
BYD to Open Stockholm Showroom as Swedish Electric Car Market Gains Momentum
Business News

BYD to Open Stockholm Showroom as Swedish Electric Car Market Gains Momentum

The Chinese electric car giant BYD is making a splash in Europe, and in a few weeks, it will open a showroom in central Stockholm. But many Europeans are turning a blind eye
SpaceX Stock Jumps 7.6%, Pushing Elon Musk’s Fortune Back Above $1 Trillion
Business News

SpaceX Stock Jumps 7.6%, Pushing Elon Musk’s Fortune Back Above $1 Trillion

Shares in the space company SpaceX surged on Wall Street on Monday. The rise means its owner, Elon Musk, is once again considered to be worth more than a trillion dollars
Norway sets new electric car sales record as EVs reach 98.8% of new cars
Business News

Norway sets new electric car sales record as EVs reach 98.8% of new cars

Electric cars set a new record in September for their share of new car sales in Norway, according to the Norwegian Road Traffic Information Council (OFV). The share of electric cars rose to 98
Alex Gibney says Elon Musk is extremely dangerous to democracy in new documentary Musk
Entertainment News

Alex Gibney says Elon Musk is extremely dangerous to democracy in new documentary Musk

In a four-hour film, world-renowned documentary filmmaker Alex Gibney tells the story of Elon Musk. Elon Musk is extremely dangerous to democracy in the US and around the world, Gibney tells TT
Tesla launches steering wheel-free Cybercab taxi service in Austin
Business News

Tesla launches steering wheel-free Cybercab taxi service in Austin

AP7 rejects Musk’s Space X again over illegal content risks on X platform
Business NewsTop News

AP7 rejects Musk’s Space X again over illegal content risks on X platform

State "couch-sleeper" fund AP7 is criticizing Elon Musk and the space company Space X. The lack of procedures to stop illegal content on the X platform is one of the main reasons, the fund's asset management manager Lena Fahlén explains to TT
Wall Street Falls as Tesla and Alphabet Shares Tumble After Earnings Reports
Business News

Wall Street Falls as Tesla and Alphabet Shares Tumble After Earnings Reports

The leading US stock market indexes were in the red on Thursday. Tech giants Alphabet and Tesla plunged after Wednesday's quarterly reports
Tesla reports weaker-than-expected profit, shares fall in after-hours trading
Business News

Tesla reports weaker-than-expected profit, shares fall in after-hours trading

Electric car maker Tesla's quarterly report showed lower-than-expected profits. The stock fell in after-hours trading on Wall Street
Wall Street Traded Cautiously Ahead of Alphabet and Tesla Earnings
Business News

Wall Street Traded Cautiously Ahead of Alphabet and Tesla Earnings

Wednesday's trading on Wall Street was cautious, with little movement. The Dow Jones industrial average finished unchanged, while the broad S&P 500 and tech-heavy Nasdaq Composite lost 0
Corporate earnings could reignite AI stock rally this week
Business News

Corporate earnings could reignite AI stock rally this week

This week, the AI craze on the world's stock markets risks flaring up again. Reports from American heavyweights such as Alphabet, Intel and IBM will be important indicators
Tesla to increase production at German Grünheide factory to target new markets
Business News

Tesla to increase production at German Grünheide factory to target new markets

Elon Musk's electric car maker Tesla is increasing production at its factory in Grünheide, Germany. The plan is to sell cars in new markets
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
SpaceX took off at rocket speed in its stock market debut
Business NewsTop News

SpaceX took off at rocket speed in its stock market debut

SpaceX shares surged when the company's stock was listed on the Nasdaq in New York on Friday, closing up more than 19 percent. The surge means that Elon Musk is now the world's first dollar-trillionaire
Ten Chinese car owners sue Tesla over Full Self-Driving marketing claims
Business News

Ten Chinese car owners sue Tesla over Full Self-Driving marketing claims

Ten Chinese car owners have taken Tesla to court. They say the company's self-driving cars do not live up to its marketing claims and are seeking damages
Dagens Industri: Union suspends strike against Tesla at Malmö and Uppsala plants
Business News

Dagens Industri: Union suspends strike against Tesla at Malmö and Uppsala plants

Strikers at Tesla plants in Malmö and Uppsala have reportedly been told to call off their two-year strike against the electric carmaker, the newspaper Dagens Industri reports.
Musk takes rocket company SpaceX public
Business News

Musk takes rocket company SpaceX public

Elon Musk's space company SpaceX has filed for an IPO in New York. The high valuation makes it the largest IPO of all time
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