Between June 15 and June 19, 2026, Ericsson repurchased 4,805,778 Class B shares at an average price of SEK 112.25 per share, spending about SEK 539 million. This buyback is part of a larger SEK 15 billion program running until March 31, 2027. Ericsson's board plans to propose canceling the repurchased shares, excluding those used for employee incentive programs, at the 2027 Annual General Meeting. These repurchases were conducted on Nasdaq Stockholm through Goldman Sachs Bank Europe SE, increasing Ericsson's treasury stock to 57,882,556 shares out of a total 3.37 billion shares.
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
