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Ericsson Tumbles On Margin Headwinds Sparked By Memory Chip Inflation
Ericsson Tumbles On Margin Headwinds Sparked By Memory Chip Inflation
Ericsson shares in Stockholm plunged the most in 18 months after the Swedish telecom equipment giant warned that soaring component costs will pressure margins in its core networks business this quarter.
The stock fell as much as 10% in Stockholm after outgoing CEO Börje Ekholm warned about higher input costs, partly driven by AI-fueled demand for memory chips. Citi analysts said the top concern is the margin impact extending into 2027.
"The big challenge in our view is the building component...
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Mar 24, 2026 / Tyler Durden
IRS Data Show Average Tax Refund Up Over 10% This Year
IRS Data Show Average Tax Refund Up Over 10% This Year
Authored by Jack Phillips via The Epoch Times,
The average tax refund is 10.8 percent higher this year when compared with the same time period in 2025, according to data released by the Internal Revenue Service (IRS) on March 20.
The figures show that as of March 13, the average refund for individual filers for 2026 was $3,623, up from $3,271 from 2025.
Around 69.7 million individual tax returns have been received by the IRS so far, the agency said, around 1...
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Mar 21, 2026 / Tyler Durden
Costco Gas Lines Surge As Drivers Hunt For Cheaper Fuel
Costco Gas Lines Surge As Drivers Hunt For Cheaper Fuel
Rising fuel costs tied to the conflict in Iran are forcing many Americans to rethink everyday spending, especially on gas, according to Bloomberg.
At a Costco near San Antonio, drivers are waiting up to half an hour to fill up, while others are checking apps like GasBuddy or driving farther to save a few cents per gallon. With prices close to $4 nationwide, households are cutting back on dining out, travel, and even groceries.
The broader economic impact will depend on how...
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May 6, 2026 / Tyler Durden
ABC Reporter Fabricated Trump Call, Made Himself The Focus After Assassination Attempt
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