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2020, for the terrible pain it has caused millions of citizens around the globe, ironically and paradoxically it was a banner year for many investors, including myself. I have been preaching about a rotation to value for a few months and I stand by my thesis. 2021 will likely be a muc...
AFC Energy ([[AFGYF]]) announces a strategic partnership with ABB ([[ABB]] -1.1%) to develop the next generation of high power electric vehicle charging solutions.The partnership will focus efforts on the joint deployment of integrated high power EV charging systems across key ...
ABB will be pushing the EV charging envelope with an eye popping 600kW system for the 2022 Formula E Gen 3 season. ABB is poised to take advantage of the growing EV market. There are currently no EV charging companies with a moat of any kind. Charging at the moment is no...
The world is transitioning to cleaner, more renewable forms of energy, and at this stage, the shift is no longer being driven by subsidies or government intervention. In electricity markets, wind and solar power are beating natural gas, coal, and nuclear because they cost less. And in the t...
ABB ([[ABB]] -0.8%) agrees to pay 1.56B rand ($104M) to South African state power utility Eskom to settle an investigation into improper payments and compliance issues.ABB says it already has accounted for most of the payment in its financial results, but it expects an additional impact of $3...
Drone Delivery Canada Announces $6.0 Million Bought Deal Public Offering Canada NewsWire TORONTO, Nov. 30, 2020 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO , Nov. 30, 2020 /CNW/ ...
ABB and Nüvü to deliver exo-planet cameras for NASA future telescope Canada NewsWire ZURICH, Nov. 25, 2020 A two-year contract awarded to ABB from NASA's Jet Propulsion Laboratory will see key ABB/Nüvü Camēras technology fly onboard the spa...
The global robotics and AI markets are expected to grow significantly over the coming years - with EVs and high-performance computing ("HPC") being primary drivers. The BOTZ ETF tracks an index of 31 companies and as a result has a fairly concentrated portfolio. The article analyz...
At its Capital Markets Day, ABB ([[ABB]] -1.5%) said it plans to offload three of its most profitable businesses: Turbocharging (Industrial Automation), Mechanical Power Transmission (Motion) and Power Conversion (Electrification).The three business, which have combined annual sales of $1.75B...
ABB ([[ABB]] +0.3%) is considering a sale of its Dodge North American mechanical power transmission business, and already received preliminary interest for the business from potential suitors, Bloomberg reports.New CEO Bjoern Rosengren, who joined the company in March from Sandvik, may announ...
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2023-05-21 06:15:00 ET Artificial intelligence (AI) has engulfed the headlines in a frenzy of fortune and fear. While AI is nothing new, the integration of AI into applications consumers regularly use is a major development. Even Warren Buffett and Charlie Munger discussed AI and robotics...
2023-05-07 09:40:00 ET The concurrent trends of grid modernization and the "electrification of everything" are arguably still in their early innings. The results and earnings momentum of some of the leading players in the field, including General Electric (NYSE: GE) , ABB (NYS...