Sweden’s economic gloom goes from bad to worse as government predicts steeper GDP contraction
The Swedish government predicted 2023 would be a “gloomy” year for the country, but new GDP expectations present a worse outlook than previously expected.
Sega to acquire Angry Birds maker Rovio for $776 million
Shares of Finland’s Rovio Entertainment soared on news of the offer.
Hydrogen, fully electric, or both? Heavy-duty trucking has some big decisions to make
Efforts to decarbonize the freight sector will have to be ramped up in the years ahead.
Asia’s growth will outpace both the U.S. and Europe this year, Morgan Stanley says
Three other large Asian economies, including India, Indonesia and Japan, are also showing robust domestic demand, added the economist.
Want to invest in gold? Skip mining stocks, strategist says, and trade this instead
Gold prices are up 12% this year and investment banks expect them to continue to rise.
Google CEO Sundar Pichai warns society to brace for impact of A.I. acceleration, says ‘it’s not for a company to decide’
The executive told “60 Minutes” that the technology is moving fast and “it’s not for a company to decide.”
Can China’s ChatGPT clones give it an edge over the U.S. in an A.I. arms race?
Chinese tech giants are launching products to rival artificial intelligence chatbot ChatGPT. Baidu has launched Ernie Bot, and Alibaba said it soon plans to roll out Tongyi Qianwen. But these chatbots in China will be subject to Beijing’s strict censor…
Analysts love these 15 cheap stocks — and give one 250% upside
There could be opportunities amid the market volatility — with some analyst favorites trading at steep discounts.
Should investors buy regional bank stocks? A bull and a bear weigh in — and share 3 top picks
Should you buy the dip or steer clear of the uncertainty? Two analysts face off, sharing picks that include one big bank stock and two regional names.
Asia markets mostly rise as Wall Street’s earnings season continues
Investors looked ahead to another major earnings week on Wall Street, including the likes of Charles Schwab, Bank of America and Morgan Stanley.
