US Stock of the Day | Kabutaro & Friends

On October 15, 2026, the most talked-about US stock online is Ericsson<ERIC>.
Background: Swedish telecom equipment giant Ericsson, which is also listed on the U.S. Nasdaq, reported its July-September 2026 results on October 15. Net sales rose 6% year over year to 59.5 billion Swedish kronor (organic growth of 7%, excluding currency and other effects), and adjusted EBITA came to 10.1 billion kronor, about 28% above the consensus of 7.9 billion kronor. It also bought back 4.8 billion kronor of shares in the quarter. In response, the shares rose as high as 107.35 kronor in Stockholm, a gain of more than 9%, and were up more than 10% in U.S. premarket trading, standing out as tech stocks were sold heavily in Asia. On the other hand, management warned that rising component costs will pressure gross margins in 2027.