Welcome to our dedicated page for Arrow Electronics news (Ticker: $ARW), a resource for investors and traders seeking the latest updates and insights on Arrow Electronics stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Arrow Electronics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Arrow Electronics's position in the market.
Rhea-AI Summary
Arrow Electronics (ARW) and Infinidat have entered into an agreement for Arrow to be Infinidat's primary manufacturing and fulfillment operations collaborator globally. This collaboration aims to benefit Infinidat from a global manufacturing supply chain and increased efficiencies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.3%
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Rhea-AI Summary
Arrow Electronics, Inc. (NYSE:ARW) and eInfochips establish a High-Power Centre of Excellence in Swindon, UK, to help customers develop high-power solutions for electrification and sustainability initiatives. The CoE addresses challenges in high-power electronics design, leveraging Arrow's extensive high-voltage design experience and eInfochips' engineering team. The facility offers turnkey design services and aims to accelerate and de-risk design cycles for Arrow's customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
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Rhea-AI Summary
Arrow Electronics (NYSE:ARW) introduces significant updates to its cloud management platform ArrowSphere, focusing on sustainability, cost optimization, and security. The updates aim to help channel partners scale XaaS in customer accounts and address environmental and security changes.
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Rhea-AI Sentiment
End-of-Day
0.79%
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Rhea-AI Summary
Arrow Electronics (ARW) and Habitat for Humanity of Metro Denver are collaborating on a new community of affordable homes featuring innovative smart home technologies. The project aims to inform smart home designs in Habitat's worldwide operations and provide technology solutions at no additional cost to the new homeowners. The Mountain View Community Homes includes 20 homes with up to four bedrooms and 2.5 baths per family, located in Aurora, east of downtown Denver.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
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Arrow Electronics (ARW) successfully concluded its 2023 'Season of Wellbeing' campaign, with employees globally contributing nearly 4,300 volunteer hours, supporting 44 charitable organizations, and representing 89 cities. The campaign focused on social, emotional, physical, and financial wellbeing, with contributions to nonprofit organizations such as the Global Mentorship Initiative, UNICEF On My Mind Campaign, International Paralympic Committee, and Junior Achievement Worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
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Rhea-AI Summary
Arrow Electronics (ARW) - Duke University student Daniel Collins wins the Arrow Electronics "People's Choice" award in the 2023 Collegiate Inventors Competition for his innovation, NucleoTide, a molecular diagnostic platform that uses CRISPR-based biosensors to rapidly identify marine pathogens and harmful algae blooms. The technology enables on-site ocean health monitoring and provides results in less than an hour. The global economic impact of harmful algae blooms is estimated at $8 billion annually. Collins' technology was one of 10 finalists representing colleges and universities across the United States. Winners receive cash awards and assistance in the patent approval process by the USPTO.
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Rhea-AI Sentiment
End-of-Day
-0.39%
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Arrow Electronics, Inc. (NYSE:ARW) announced its participation in upcoming investor events, including the Wells Fargo 7th Annual TMT Summit, UBS Global Technology Conference, and Raymond James TMT & Consumer Conference. The management will present at these events and be available for one-on-one meetings with investors. The presentations will be accessible via webcast on the company's investor page.
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Rhea-AI Sentiment
End-of-Day
-0.02%
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Arrow Electronics reports Q3 2023 sales of $8.01 billion, a decrease of 14% YoY. Net income was $199 million, or $3.53 per share, compared to $342 million, or $5.27 per share, in Q3 2022. Non-GAAP net income was $233 million, or $4.14 per share. Global components sales decreased 14% YoY, while global ECS sales decreased 10% YoY. Fourth-quarter outlook: consolidated sales of $7.50 billion to $8.10 billion, net income per share of $3.30 to $3.50.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.51%
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Rhea-AI Summary
Remark Holdings, Inc. has announced a sales and marketing initiative with Arrow Electronics and Intel. This collaboration will expand Remark's reach to Arrow's 200,000 customers, providing them with Intel-powered AI servers that run Remark's Smart Safety Platform. Remark's real-time video analytics enhances safety and security by integrating AI models into existing video infrastructure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
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Rhea-AI Summary
DHI Group, Inc. has hired Raime Leeby as its new Chief Financial Officer. Ms. Leeby brings over 23 years of financial experience, including working at public companies and high-growth startups. She will be responsible for the financial organization, including financial planning, accounting, financial reporting, investor relations, treasury, internal audit, and tax. DHI CEO Art Zeile praised Leeby's versatile skillset and strategic outlook. Leeby expressed excitement about executing plans to meet the company's strategic and financial goals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
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Arrow Electronics, Inc.
NYSE:ARW
ARW Rankings
ARW Stock Data
7.00B
53.38M
0.76%
102.06%
4.05%
Business to Business Electronic Markets
Wholesale Trade
United States of America
CENTENNIAL
About ARW
the work arrow does goes into everything from cars to coffee makers. whether it’s something you've never seen before or the things you can’t live without, if it takes a charge, chances are it was built with arrow. when you think about the world of five years out, arrow is helping design it, build it and source it. we are a fortune 150 company with 2014 sales of $22.8 billion. our team includes 17,000 employees worldwide across more than 460 locations in 56 countries. we help the world’s best technology companies think “five years out,” working together to innovate the next big thing after the next big thing. are you thinking five years out? you should be working with us. learn more at http://www.arrow.com.