Economy

Stock market sentiment
Financial reporter: "We could be in an AI bubble"

Excessive debt caused the financial crises of 1929 and 2008, says financial journalist Andrew Ross Sorkin in an interview with *Dagens Industri*. He is concerned about the massive investments currently being made in AI and data centers, noting that "bubble-like elements" cannot be ruled out.

"We could very well be in a bubble today, but the stock market could still rise another 30 or 50 percent before it bursts," says Ross Sorkin.

Ross Sorkin has worked at *The New York Times* since 1995 and has written a book on each of the financial crises of 1929 and 2008. He is also a co-creator of the TV series *Billions*. 

Oil market
Analysts: Won't lead to lower Swedish fuel prices

The G7 nations' decision to release 100 million barrels of crude oil and diesel will not lead to lower fuel prices in Sweden, Nordea chief analyst Thina Saltvedt tells *Ekot*.

"The most important thing is to prevent panic from arising in the market," she says.

The decision was reportedly preceded by pressure from the US, with President Donald Trump having threatened an export ban.

"It was never really on the table. But what Europe did was very good," he said at a press briefing outside the White House on Friday. 

The future of the automotive sector
Volvo Cars issues profit warning – will not meet targets this year

Volvo Cars cites an "increasingly challenging market environment" and a deteriorating short-term outlook in conjunction with this morning's sales figures.

As a result, the automaker will not meet its targets for the year, according to a press release.

"The decline is driven primarily by further deteriorating market conditions in China and a slower-than-expected recovery in the US."

The company sold 141,609 cars during the third quarter, a decrease of just over 11 percent compared to the same period the previous year. However, demand for Volvo Cars' electric vehicles increased.