Between June 8 and June 12, 2026, Ericsson repurchased 2.7 million Class B shares at an average price of SEK 114.40 per share, totaling SEK 308.9 million. This buyback is part of Ericsson's larger SEK 15 billion share repurchase program announced in April 2026, running until March 2027. The company plans to propose canceling the repurchased shares at the 2027 Annual General Meeting, excluding those used for employee incentive programs. These buybacks aim to optimize capital structure and return value to shareholders.
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ERock, Inc. received a buy rating due to its innovative modular natural-gas power systems that help data centers avoid long waits for permanent grid power. The company has a strong $1.3 billion backlog supported by customer deposits, providing clear ...
IBM's business model remains strong despite a 7% decline in mainframe infrastructure revenue, supported by loyal legacy customers and solid free cash flow. Software growth, especially an 11% increase in Red Hat revenue, helps offset mainframe challen...
BMW is recalling 29,119 plug-in hybrid sedans due to a potential fire risk caused by corrosion in the engine starter's electrical relay. This defect can lead to a short circuit and overheating even when the vehicle is parked with the ignition off. Th...
