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Elon Musk
Tech Giants Boost Wall Street as Nasdaq and S&P 500 Surge
The US stock market started the trading week on the plus side – after having closed on Friday with falling prices due to weak job figures and a concern about how the US tariffs will affect. Of the so-called "magnificent seven" companies, it was only Amazon that was traded downward.
Tesla Board Approves 300 Billion Kronor Share Award for Elon Musk
Electric car manufacturer Tesla's board approves that CEO Elon Musk is awarded 96 million shares, valued at approximately 300 billion kronor. .
Trump's Budget Cuts Threaten Global Wildlife Conservation Efforts
Tigers, elephants, gorillas and lions in several countries are facing an acute threat. The USA has for a long time spent millions of dollars on nature and species conservation in other countries but the cuts being made now mean that a number of projects are being scrapped.
Tesla Shares Rise 3% on $16.5 Billion Samsung Deal
The leading indexes on the American stock exchange moved only marginally on Monday. The broad S&P 500 index closed unchanged, the Dow Jones industrial index fell back 0.
Tesla and Samsung Sign $16.5 Billion Semiconductor Deal
The electric car manufacturer Tesla and the electronics giant Samsung have entered into an agreement worth 16. 5 billion dollars, equivalent to 157 billion kronor, for the production of semiconductors.
Starlink Outage Affects Over 60,000 Users for 2.5 Hours
The Starlink satellite network was down on Thursday evening. After around 2.
Tesla Stock Drops Over 8 Percent Amid Global Challenges
Tesla stock fell by more than 8 percent on the New York stock exchange on Thursday. The decline in price means that Tesla's stock market value has decreased by almost a quarter so far this year.
Tesla Q2 Earnings Fall Short of Market Expectations
The already economically badly damaged electric car giant Tesla disappointed the market's expectations in its report for the year's second quarter. .
Stockholm Stock Exchange Rises After US-Japan Tariff Agreement
Risk appetite in the market increases since the US and Japan have made an agreement on tariffs and the Trump administration is now shifting focus to getting a EU deal done. The krona rises and the Stockholm stock exchange followed other stock exchanges in the world when the broad OMXS index closed at a plus of 1.
Tesla's Robotaxi Investment Crucial Amid Declining Sales
Declining sales in an otherwise growing electric car market. When the tech giants' black sheep open the books, the focus is again on the CEO behind the wheel.
Wall Street Begins Week with Cautious Optimism Ahead of Tech Reports
It was upwards on the New York stock exchange when the trading week began in anticipation of the heavy tech companies' interim reports. .
Space X Contracts Deemed Vital for US Defense and NASA
The US government is reviewing the contracts to the space company Space X after the quarrels between Elon Musk and President Donald Trump – but most of them are considered too important to be terminated, reports The Wall Street Journal with reference to sources. .
US Congress Approves Significant Foreign Aid Cuts
USA's House of Representatives has voted yes to comprehensive cuts in among other things aid to foreign countries, with 216 votes for and 213 against. .
Tesla Expands to India with First Showroom Opening in Mumbai
Electric car manufacturer Tesla opens its first showroom in India next week and starts delivering cars next month. This is stated by people with insight into the matter to the news agency Bloomberg, which has also taken part of documents on the matter.
Norway Bucks Trend with Rising Tesla Sales Amid European Decline
The electric car manufacturer Tesla's sales in Europe have been declining lately. But in Norway, the development is going in the opposite direction.
UK Boosts Investment in Eutelsat to Rival Starlink
United Kingdom is investing an additional 163 million euros, equivalent to 1. 8 billion kronor, in the European satellite company Eutelsat, according to Bloomberg.
EU Probes Musk's AI Bot for Antisemitic Comments on Platform X
The AI tool Grok used on Elon Musk's platform X started making antisemitic comments and praised Hitler in posts. Now the EU Commission is reacting and is in contact with X.
Elon Musk's AI Grok Sparks Controversy with Antisemitic Comments
The AI tool Grok used on Elon Musk's platform X started making antisemitic comments and praised Hitler in posts that have now been deleted, according to among others The Guardian. .
Job Growth Boosts Wall Street to New Record Levels
USA stock exchanges closed on a plus on Thursday encouraged by better job figures than expected. .
S&P 500 Hits Record High After US-Vietnam Trade Agreement
It was upwards on the New York stock exchange with a new record level for the broad S&P500 index after the announcement that the USA has entered into a trade agreement with Vietnam. .
Stockholm Stock Exchange Rises as OMXS Index Gains 1.1 Percent
The Stockholm stock exchange ended on green on Wednesday. The broad OMXS index rose 1.
Elon Musk Takes Charge of Tesla's European Sales
Tesla's CEO Elon Musk is to take over the responsibility for the electric car manufacturer's sales in Europe and the USA, according to sources with insight to the news agency Bloomberg. The change occurs after the former sales chief Omead Afshar left the electric car manufacturer last month.
Stockholm Stock Exchange Steady as Saab Shares Decline
After a cautiously positive opening, the Stockholm stock exchange's broad OMX index closed sideways. .
Trump's Budget Proposal Read Aloud in Congress for 16 Hours
Read Trump's budget proposal, urged a Republican senator. Said and done.
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Sweden Herald
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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