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@TheBadPlace@mastodon.ozioso.online · 16h ago
Sweden Herald - Latest Sweden News | Apple reports quarterly results better than expected by Sweden Herald AI generated summary, Read the full article for complete information. Apple announced quarterly results that beat analysts’ expectations, posting earnings per share of $2.01 versus the forecast $1.92 and revenue of $111.18 billion, slightly above the projected $109.7 billion. Overall sales grew 16.5 % year‑over‑year, outpacing the anticipated 15 % increase, although iPhone revenue fell a bit short at $56.99 billion compared with the expected $57.21 billion. Despite the stronger numbers, Apple’s shares slipped 0.9 % in after‑hours trading on the New York Stock Exchange. Read more: https://swedenherald.com/article/apple-posts-betterthanexpected-quarterly-earnings #Apple #iPhone #NYSE #businessnews
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@TheBadPlace@mastodon.ozioso.online · 1d ago
Sweden Herald - Latest Sweden News | Meta does not live up to expectations, stock falls in after-hours trading by Sweden Herald AI generated summary, Read the full article for complete information. Meta’s latest quarterly report disappointed analysts, as its shares plunged nearly 7 % in after‑hours trading on the New York Stock Exchange. The company posted earnings of $7.32 per share on revenue of $56.3 billion, slightly above the $55.45 billion analysts had forecast, but investment costs came in far lower at $19.84 billion versus the expected $27.57 billion. Daily active users rose 4 % to 3.56 billion, still falling short of the 3.62 billion expected. The combination of mixed financial results and weaker‑than‑anticipated user growth led to a sharp drop in Meta’s stock price. Read more: https://swedenherald.com/article/meta-does-not-live-up-to-expectations-stock-falls-in-afterhours-trading #Meta #LSEG #NewYork #businessnews
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@TheBadPlace@mastodon.ozioso.online · 1d ago
Sweden Herald - Latest Sweden News | Sources: EQT considering sweetened bid for Intertek by Sweden Herald AI generated summary, Read the full article for complete information. EQT, a venture‑capital firm linked to the Wallenberg group, is preparing a higher, “sweetened” offer for London‑listed testing and certification company Intertek Group, according to Bloomberg. Intertek’s shares were around £46.35 on the London Stock Exchange, after the company previously turned down EQT’s offers of £51.50 and £54 per share. The new proposal would value Intertek at about £8.3 billion (roughly SEK 104 billion), though it remains unclear whether EQT will ultimately raise its bid further. Read more: https://swedenherald.com/article/sources-eqt-considering-sweetened-bid-for-intertek #EQT #Intertek #Wallenberg #businessnews
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@TheBadPlace@mastodon.ozioso.online · 2d ago
Sweden Herald - Latest Sweden News | Peab shares fall more than 10 percent after interim report by Sweden Herald AI generated summary, Read the full article for complete information. Peab’s shares slid more than 10 % on the Stockholm Stock Exchange minutes after the company issued its first‑quarter interim report, which revealed a pre‑tax loss and a surprisingly weak order intake that fell to SEK 15.6 billion – down from SEK 16.6 billion in the same quarter a year earlier and far below analysts’ expectations of a rise to SEK 18 billion. Read more: https://swedenherald.com/article/peab-shares-fall-more-than-10-percent-after-interim-report #Peab #StockExchange #businessnews
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@TheBadPlace@mastodon.ozioso.online · 2d ago
Sweden Herald - Latest Sweden News | Person charged with suspicion of front-running by Sweden Herald AI generated summary, Read the full article for complete information. A person has been charged with aggravated market manipulation, specifically “front‑running,” by Sweden’s Economic Crime Agency (EBM). Prosecutor Jan Leopoldson alleges that the defendant deliberately sold a large block of shares in a housing‑development company on the Stockholm Stock Exchange to push the price down, then bought a substantial amount of the same shares off‑exchange at the reduced price, netting a profit of several hundred thousand kronor. The prosecutor warned that such conduct endangers small investors and erodes confidence in the financial system. (Source: TT News Agency, English edition by Sweden Herald.) Read more: https://swedenherald.com/article/person-charged-with-suspicion-of-frontrunning #JanLeopoldson #EBM #StockholmExchange #businessnews
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@TheBadPlace@mastodon.ozioso.online · 2d ago
Sweden Herald - Latest Sweden News | Profit boost for Apotea as sales grow 10.5% and operating profit rises to just over SEK 101 million in the first quarter by Sweden Herald AI generated summary, Read the full article for complete information. Online pharmacy Apotea reported a strong first‑quarter performance, with operating profit rising to just over SEK 101 million and sales increasing 10.5% to slightly above SEK 1.9 billion. The company attributed the higher profit to a combination of increased sales, a higher gross margin and continued cost control, and highlighted the new logistics centre in Varberg as a key growth driver, enabling it to dispatch around 27,000 packages in a single day. Read more: https://swedenherald.com/article/profit-boost-for-apotea-as-sales-grow-105-and-operating-profit-rises-to-just-over-sek-101-million-in-the-first-quarter #Apotea #businessnews
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@TheBadPlace@mastodon.ozioso.online · 2d ago
Sweden Herald - Latest Sweden News | Asian stock markets mostly up Wednesday as Shenzhen and Hang Seng rise, Kospi falls by Sweden Herald AI generated summary, Read the full article for complete information. Asian stock markets were largely higher on Wednesday, with China’s Shenzhen index leading gains at +1.3 percent and Shanghai inching up +0.1 percent, while Hong Kong’s Hang Seng rose +1.1 percent; by contrast South Korea’s Kospi slipped ‑0.2 percent, and the Tokyo Stock Exchange was closed for the day. (Published Wed 29 Apr 2026 05:20 CEST.) Read more: https://swedenherald.com/article/asian-stock-markets-mostly-up-wednesday-as-shenzhen-and-hang-seng-rise-kospi-falls #Shenzhen #HangSeng #KOSPI #Shanghai #businessnews
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@TheBadPlace@mastodon.ozioso.online · 2d ago
Sweden Herald - Latest Sweden News | Expert: AI profitability concerns could stop the tech giants' stock market rally by Sweden Herald AI generated summary, Read the full article for complete information. The article notes that the “magnificent seven” big‑tech firms—Meta, Alphabet, Microsoft, Amazon, Apple, Nvidia and Tesla—have propelled U.S. stock indexes to record highs despite geopolitical tensions and volatile energy markets, but investors are now questioning whether their massive AI and data‑center spending will translate into sustainable profits. Analyst Maria Landeborn of Danske Bank points out that while capital expenditures by Microsoft, Alphabet, Amazon and Meta are expected to rise to $649 billion this year, the focus has shifted from continual forecast upgrades to cost control and long‑term profitability, as markets scrutinize whether AI investments can be recouped. The upcoming quarterly reports (Alphabet, Amazon, Meta and Microsoft on April 29; Apple on April 30; Nvidia on May 20) are expected to fuel a continued rally, yet any disappointment could trigger a sharper correction given the high valuations driven by AI optimism. Read more: https://swedenherald.com/article/expert-ai-profitability-concerns-could-stop-the-tech-giants-stock-market-rally #MariaLandeborn #DanskeBank #businessnews
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@TheBadPlace@mastodon.ozioso.online · 2d ago
Sweden Herald - Latest Sweden News | Postnord's profit up 50 percent in first quarter by Sweden Herald AI generated summary, Read the full article for complete information. PostNord, the Swedish‑Danish parcel and letter provider, announced an adjusted operating profit of SEK 138 million for the first quarter, marking a 50 % increase over the same period a year earlier. Despite the profit rise, net sales fell 3 % in constant‑currency comparable units, driven by an 18 % drop in letter volumes while parcel volumes grew 12 %. The company attributed the mixed results to the winding down of Danish national letter handling, which eroded synergies and raised restructuring costs for its parcel business. Read more: https://swedenherald.com/article/postnords-profit-up-50-percent-in-first-quarter #PostNord #PostNordDenmark #Swedish_Danish #businessnews
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@TheBadPlace@mastodon.ozioso.online · 2d ago
Sweden Herald - Latest Sweden News | More flavor for Coca-Cola - raises 2026 sales forecast, beats expectations by Sweden Herald AI generated summary, Read the full article for complete information. Coca‑Cola announced that it is raising its 2026 sales forecast after posting first‑quarter earnings and sales that beat market expectations. The company attributes the growth to its push for healthier, low‑calorie drinks and a strategy that emphasizes smaller bottles and cans, appealing to price‑sensitive consumers facing higher energy costs. The upbeat results have lifted the stock, which is up about 8 % in pre‑market trading and has risen 8 % so far this year. Read more: https://swedenherald.com/article/more-flavor-for-cocacola-raises-2026-sales-forecast-beats-expectations #Coca_Cola #WallStreet #businessnews
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@TheBadPlace@mastodon.ozioso.online · 3d ago
Sweden Herald - Latest Sweden News | Atlas Copco worse than expected in first-quarter results as stock falls by Sweden Herald AI generated summary, Read the full article for complete information. Atlas Copco, one of the largest firms listed on the Stockholm Stock Exchange, announced a sharper‑than‑expected decline in first‑quarter results, with adjusted operating profit dropping to 8.3 billion SEK from 8.6 billion a year earlier and missing Bloomberg’s 8.5 billion SEK forecast. Revenue fell 5 % and order intake slipped 3 %, prompting its shares to lose about 2.5 % on the market. CEO Vagner Rego warned that the geopolitical climate is “worrying” and has made customers hesitant, although demand for vacuum equipment remained strong during the quarter; he added that the broader financial impact of the uncertainties remains difficult to predict. Read more: https://swedenherald.com/article/atlas-copco-worse-than-expected-stock-falls #AtlasCopco #Stockholm #StockExchange #VagnerRego #businessnews
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@TheBadPlace@mastodon.ozioso.online · Apr 24, 2026
Sweden Herald - Latest Sweden News | Elon Musk: Production of Tesla robot taxi underway by Sweden Herald AI generated summary, Read the full article for complete information. Tesla CEO Elon Musk announced that production of the company’s self‑driving “Cybercab” – a robot taxi – is now underway, sharing a video of a unit exiting the factory. The initiative follows the 2024 reveal of the Cybercab concept, and comes as Tesla’s 2025 performance lagged, delivering about 1.64 million vehicles versus 1.79 million the year before, with the stock down roughly 16 % year‑to‑date amid rising competition from Chinese rivals. Read more: https://swedenherald.com/article/elon-musk-production-of-tesla-robot-taxi-underway #ElonMusk #Tesla #businessnews AI generated summary, Read the full article for complete information.
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@TheBadPlace@mastodon.ozioso.online · Apr 09, 2026
undefined | Prepared for reduced mortgage rates - make demands on the bank by Sweden Herald Mortgage lenders’ borrowing costs are clearly falling after the recent cease‑fire agreement between Iran and the United States, prompting questions about whether banks will pass those savings on to borrowers. Consumer‑protection economist Moa Langemark of the Swedish Financial Supervisory Authority urges customers to demand lower mortgage rates, noting that banks typically aim to maximise profit and will only adjust rates if they feel pressure from the market and their clients. On Wednesday, longer‑term Swedish market interest rates slipped by roughly 0.10–0.20 percentage points, with shorter‑term rates also retreating. This decline follows a period earlier in the year when the war in the Middle East drove rates up, forcing lenders such as state mortgage bank SBAB to raise fixed‑mortgage rates. Now that financing costs are easing, Langemark expects banks to review their pricing and offer more competitive terms. Major lenders, including SEB, have said they are monitoring market developments and will announce any changes to mortgage or savings rates when decisions are made. For consumers, Langemark stresses the importance of vigilance and active comparison of offers. When interest rates fall, customers should check whether their bank is lagging behind competitors in lowering rates; if it is, switching to a lender with better terms may be advisable. She points out that banks have recorded historically high profits in recent quarters, indicating that many borrowers remain too passive, and encourages customers to question their banks and move on if the banks do not align their rates with prevailing market conditions. Read more: undefined #businessnews #swedishfinancialsupervisoryauthority #unitedstates #bank #mortgagelenders
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