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ABB (ABBN) is a Swiss and Swedish industrial technology company, established in 1988 and headquartered in Zurich, Switzerland. The company delivers products and services across 4 business segments: Electrification Products, Industrial Automation, Robotics and Motion, and Power Grids. The company serves clients in utility, transport, industry, and infrastructure in 100 countries globally. ABB employs approximately 136,000 people. ABB is listed on the SIX Swiss Exchange, the New York Stock Exchange (NYSE) and the NASDAQ OMX (Stockholm). The ABB share price (ABBN) is available at Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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