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Rush for Chinese electric car exports to EU
Electric cars manufactured in China fell to the lowest level in 18 months in August in new car registrations in Europe. The 48 percent decline follows a decline also in July, according to statistics from the analysis institute Dataforce.
Northvolt lays off – 1,600 forced to leave
1,600 people will be leaving the crisis-stricken battery manufacturer Northvolt. This concerns 1,000 employees in Skellefteå, 400 in Västerås, and 200 in Stockholm.
GM starts selling adapter for Tesla chargers
Car owners with electric vehicles manufactured by American General Motors (GM) will, starting in September, gain access to competitor Tesla's fast-charging stations. This is the result of an agreement reached between the car manufacturers' CEOs Mary Barra and Elon Musk last year.
Sunny mood on Wall Street
After last week's decline, the American stock exchanges turned upwards again on Monday. The broad S&P 500, industrially oriented Dow Jones, and Nasdaq's composite index all closed 1.
Mixed on Wall Street
Leading indexes on the stock exchange in the USA went in different directions on Thursday. The broad S&P 500 fell 0.
Slightly up on the USA stock exchange
A somewhat volatile USA stock exchange finally closed slightly up on Tuesday. After fluctuating between minus and plus several times during the day, the industrial index Dow Jones closed unchanged.
Powell effect in New York - ends the week on a plus
Wall Street went on weekend leave on a plus note after Federal Reserve's chief Jerome Powell said in a speech on Friday that the time for interest rate cuts is here. > It's time for an adjustment of monetary policy, said the central bank chief in his speech, which he held in Jackson Hole.
Upwards on Wall Street – Best Trading Week of the Year
The American stock exchanges ended in the plus after the best trading week of 2024. Both the broad S&P 500 index and the Dow Jones industrial index and the technology-heavy Nasdaq composite index rose by 0.
Upwards on the US stock exchange – the crash erased
Wall Street has now in principle recovered after the crash earlier in August. When Thursday's trading closed, the US stock exchange had taken a definite step upwards.
Cheerful on Wall Street ahead of inflation figures
Tuesday's trading on the New York Stock Exchange was characterized by a cheerful atmosphere ahead of the American inflation figures to be presented on Wednesday. The broad S&P 500 index rose 1.
Swedish savers fled Tesla this summer
Swedish savers got rid of Tesla more than any other share during the month of July. There seems to be a hesitation around Tesla going forward, says Frida Bratt, savings economist at Nordnet.
The Crown Falls Again – May Affect Interest Rate Decision
The crown has fallen against both the dollar and the euro over the past month. This makes it more expensive for those who are vacationing in Europe – and can also become a headache for the Swedish Central Bank ahead of the autumn's interest rate decision.
Unstable trading on Wall Street after stock market fall
Trading on the New York Stock Exchange was volatile following Wednesday's stock market fall. Several of the major technology companies also declined during Thursday's trading.
Stock market fall on Wall Street – sowing concern about AI bubble
The American stock exchange fell sharply on Wednesday and some analysts are airing thoughts about a possible AI bubble. The market is not impressed by the start of the earnings season for megatech stocks, says Kathleen Brooks at the investment platform XTB to Bloomberg.
The worst day of the year on Wall Street
Wednesday's stock market trading in New York was pitch black and resulted in the year's largest stock market fall. The broad S&P 500 index fell 2.
Ferrari allows cryptocurrency payments
Luxury car manufacturer Ferrari will allow cryptocurrency payments even for European customers. This is now clear after the payment solution has been tested on the American market for a year.
Gloomy on the Stockholm Stock Exchange
The Stockholm stock exchange fell in line with the development around Europe. The OMXS index fell by 0.
Tesla's profit fell short of expectations
The American electric car giant Tesla presents a profit for the second quarter that clearly misses the market's expectations. At the same time, the company shows a slightly increased turnover.
Happy Miners on Wall Street
The stock market sentiment was upbeat when the trading week began in the USA. The S&P 500 index rose 1.
Mixed on the US Stock Exchange – Tesla Increased
The New York stock exchange closed almost unchanged on Tuesday. Best went Nasdaq's composite index, which held itself slightly above zero.
IF Metall Sues Tesla
The trade union IF Metall is suing the electric car manufacturer Tesla for 100,000 kronor, reports [Expressen](https://www. expressen.
New weak volume figures from Tesla expected
The American electric car manufacturer Tesla, with Elon Musk as major shareholder and CEO, is expected on Tuesday to report a new quarter with decreased sales. .
Wall Street bigwigs rally behind Trump
He is already popular on Wall Street and among small business owners. Now, support for the former President Donald Trump is also spreading among the USA's financial elite.
Adobe wins on Wall Street
The New York Stock Exchange's leading index moved very little on the last day of the trading week, unlike the leading exchanges in Europe. For example, the CAC index in Paris fell 2.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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