ABB's Earnings Surge: Tariffs Shrugged Off?
Update: 2025-10-16
Description
ABB's Q3 earnings soared, defying tariff worries with a 12% profit jump and 11% revenue surge, fueled by strong U.S. and Brazil orders. Despite a China slowdown, the engineering giant's robust performance, driven by demand for smaller products, sent shares up nearly 3%. ABB also announced the $5.4 billion sale of its robot business to SoftBank, signaling a strategic shift, and revealed a future CFO change.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
