Industrivärden’s net asset value – that is, the portfolio’s market value minus net debt – had risen to SEK 225 billion by year-end, according to an interim report from the Lundberg family’s investment company. This represents an increase of 17 percent in six months. The total return on the company’s A shares during the period…
The American chip giant Nvidia has lost about $1 trillion in value in the 16 percent price drop since its peak on May 14. Nvidia’s so-called P/E ratio – that is, the share price divided by the profit forecast one year ahead – is therefore at its lowest level since the beginning of 2019. Wall…
The Swedish defense company Mildef has won a major deal with a NATO country. This is a large amount of hardware ordered since Mildef signed a 20-year framework agreement with an unnamed NATO country in 2022. The deal concerns the digitalisation of the country’s army and is the largest single deal Mildef has received to…
The film in which Armie Hammer plays a man who murders Muslims, police officers and innocents will soon be released as a game for the PlayStation 5, according to director Uwe Boll’s X account. “Citizen Vigilante” will be released on July 17th – the official game based on the film by German director Uwe Boll,…
Two men have been convicted of murdering a 21-year-old man who was shot dead in Bromma last year. Both received life sentences. The man was shot dead in a courtyard at around 5 pm on November 5. The incident was caught on film, which showed the man being shot multiple times in the back. The…
The European Commission confirms that it has withdrawn 2 million euros in funding for the Venice Biennale for the years 2025-2028, according to a press release. This year’s art biennial has been criticized for allowing both Israel and Russia to exhibit. The international prize jury resigned in protest in April. Now the European Commission is…
Settler nostalgia is thriving in popular culture, with “tradwife” influencers and a remake of “Little House on the Prairie.” I really don’t think we should underestimate the idea of wiping everything old away and starting over, says film critic Caroline Hainer. The TV series “Little House on the Prairie” (1974 – 1982) followed the Ingalls…
Shimmering on Deb Marino’s finger are diamonds set in an eye-catching gold ring. “Of course it’s a middle finger ring, because, why not?” the Florida-based blogger says on her Tiktok feed. Getting rid of her engagement ring would have suggested a regret the 34-year-old doesn’t feel – after all, her marriage brought her daughter. Even…
World Championship silver medalist Elmer Andersson will miss the Beach Pro Tour event in Malmö because of an injury, according to the Swedish Volleyball Association. It has already been announced that Olympic and World Championship gold medalist David Åhman has also been forced to withdraw.
The New York Stock Exchange begins the trading week with mainly falling prices. The indices are weighed down by rising oil prices and falling chip companies. After 40 minutes of trading, the Dow Jones Industrial Average was up 0.1 percent, while the broad S&P 500 index and the technology-heavy Nasdaq Composite Index were down 0.3…