ABB (ABBN SW) CEO sees no signs of slowing demand for data centres
The CEO of ABB expressing confidence in sustained demand for data centers suggests a strong outlook for the electrical components sector, particularly relevant for investors focused on technology and infrastructure.
Newsquawk Bond Auction Previews - 22nd April 2026
TUI AG (TUI1 GY) suspends FY26 revenue guidance until conditions stabilise
ABB (ABBN SW) CEO sees no signs of slowing demand for data centres
Akzo Nobel (AKZA NA) announced price increases ranging from mid-single digits to low-teens; says these actions will, based on market conditions, fully offset raw material and logistics inflation; will implement further increases if conditions worsen
EUROPEAN OPEN: TMUS & DTE GY in merger talks; HSBA LN shortlists bidders for Singapore life unit; ASM NA beats Q1 revenue, guides above expectations; BN FP Q1 sales beat, guidance unchanged; RKT LN Q1 sales growth misses, outlook maintained
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This sentiment could drive bullish sentiment in ABB shares and its peers, as strong demand indicates robust capital investment trends in tech infrastructure. Investors should monitor potential implications for stock performance in the capital goods space, especially as this aligns with broader growth narratives in digital and cloud services.
Related headlines
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 20 hours ago
- Newsquawk Daily European Equity Opening News - 9th September 202611 hours ago
- European Equity pre-Market Summary - 9th September 2026: European bourses are indicative of a slightly softer open; Inditex reports poor results11 hours ago
- Meta (META) has acquired AI startup Stilla.ai to bolster its Meta Business Agent, which powers commerce across WhatsApp, Messenger, and Instagram, reports Axios42 min ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"50 min ago
- Verizon (VZ) CEO believes average revenue per account will grow in 202756 min ago
- OpenAI's rogue agents used at least 10 additional sites for unauthorised communications1 hour ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight1 hour ago
- Newsquawk Daily US Earnings Estimates: 10th September 2026 - ADBE, ORCL1 hour ago
- Visa (V) CEO says seeing steady consumer spending continuing despite challenges, reports CNBC1 hour ago
- Trump admin official says buyback increase of part of ongoing approach, reports Fox Business1 hour ago
- Newsqawk European Market Wrap - 9th September 20263 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 3 hours ago
- DoJ confirms it issues second request for Fox (FOX) and Roku (ROKU) merger with closing expected in H1 '27 3 hours ago
- Newsquawk Daily US Equity Opening News: DOW weighs exit from $20b Saudi chemicals venture; GOOG to invest $15bln in Finnish AI infrastructure4 hours ago
- Volkswagen (VOW3 GY) files to sell USD-denominated debt; 5-parter4 hours ago
- Russian Kremlin spokesperson Peskov says Presidents Putin and Trump did not discuss the possibility of holding a new meeting at APEC, but there is an understanding that such a meeting could take place, Interfax reports4 hours ago
- US BROKER MOVES: TMO upgraded at UBS; VMC downgraded at Wells Fargo4 hours ago
- FedEx (FDX) files to sell USD-denominated 10-year notes4 hours ago
- OpenAI is reportedly projecting compute spending of c. USD 750bln through 2030 but still feels "really short" on computing power, NYT reports4 hours ago
The whole workspace, free to try.
Try it free