PERSPECTA

News from every angle

Results for "Ericsson"

54 stories found

Ericsson tumbles 9% on Q2 revenue miss and rising AI costs
Businesssvenska-dagbladetseeking-alpha1mo ago2 sources

Ericsson tumbles 9% on Q2 revenue miss and rising AI costs

Ericsson's stock experienced a sharp decline, falling over eight percent and then 9%, following its latest report which revealed a Q2 revenue miss and increasing costs associated with AI development, causing the market to focus on the negative aspects of the company's performance.

Ericsson Q1 Profit Misses Estimates Amid Sluggish Sales and Rising Chip Costs
BusinessReutersbloombergsvenska-dagbladet+1channel-news-asia4mo ago4 sources

Ericsson Q1 Profit Misses Estimates Amid Sluggish Sales and Rising Chip Costs

Ericsson reported first-quarter profits that fell short of analyst expectations, primarily attributed to sluggish sales performance. The telecommunications giant also cited increased chip costs, driven by growing demand for AI, as a factor impacting its financial results.

Ericsson Announces 1,600 Layoffs in Sweden
Businessaftonbladet5mo ago

Ericsson Announces 1,600 Layoffs in Sweden

Telecommunications giant Ericsson has announced plans to lay off 1,600 employees in Sweden as part of cost-saving measures, a decision that has drawn scrutiny given the CEO's multi-million earnings.

Ericsson Announces Relocation from Kista
Businesssvenska-dagbladet2mo ago

Ericsson Announces Relocation from Kista

Telecommunications giant Ericsson has announced its decision to move its operations from Kista. The company will be relocating its headquarters to a new, unspecified location.

Companies Prepare to Release Q1 2026 Earnings Reports
FinanceReutersbloombergwsj+20FTnzzcnbctagesschauvgBusiness Insiderdelfi-lthvg+12 more3mo ago23 sources

Companies Prepare to Release Q1 2026 Earnings Reports

Several major companies, including Amazon, Molson Coors, and Crocs, are either previewing or preparing to release their first-quarter 2026 earnings reports. These reports will provide financial updates for investors.

Mobile World Congress Barcelona 2024
Technologyla-vanguardiavijesti-mecdm-me5mo ago3 sources

Mobile World Congress Barcelona 2024

The Mobile World Congress (MWC) in Barcelona is underway, featuring innovations in various sectors like aviation and showcasing new products. The event is also noted for its geopolitical context, including the war in Iran.

Businessseeking-alpha1mo ago

AngioDynamics and Ericsson Q2/Q4 2026 Earnings Previews

This story provides a preview of the upcoming Q4 2026 earnings for AngioDynamics and the Q2 2026 earnings for Telefonaktiebolaget LM Ericsson. It anticipates key financial results and potential market reactions for both companies.

Ericsson CEO Börje Ekholm to Step Down
Businesshelsingin-sanomatsvenska-dagbladet2mo ago2 sources

Ericsson CEO Börje Ekholm to Step Down

Börje Ekholm, the CEO of Ericsson, is set to resign from his position. This leadership change at the major telecommunications company has been reported by multiple news outlets.

AI Chipmaker Cerebras Systems Files for US Initial Public Offering
TechnologybloombergNYTcnbc+10fazglobe-and-mailsvenska-dagbladetmarketwatchjapan-timeschannel-news-asiaseeking-alphael-universal-english+2 more4mo ago13 sources

AI Chipmaker Cerebras Systems Files for US Initial Public Offering

AI chipmaker Cerebras Systems has publicly filed for an Initial Public Offering (IPO) in the US. This move by the Nvidia rival comes as the artificial intelligence boom continues to drive tech listings.