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The European technology sector is raising its head. European TOP 10 proves that in uncertainty, machinery and hardware are one of the most stable industries

In 2022, the technology sector has experienced one of the worst years in post-war history. And it applies to Asian, American, and European companies. In the BCM TOP 10 Technology Chart, January 2023 Update, there is only one significant change. The originally Czech antivirus developer Avast has left the chart as the company merged with the US NortonLifeLock. The newcomer is the Dutch semiconductor manufacturer ASML Holding.

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Spotify — For the Record

Spotify made recently vital acquisition which complements company’s current business model. It is the acquisition of Podsights — leading podcast advertising measurement service.

 

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ABB Group – A Market Leader in the Technology Sector

Swiss-Swedish conglomerate ABB Grouop has been a global Fortune 500 company for 24 years. The behemoth worth nearly $60 billion in market capitalization does business in over 100 countries across multiple industries, including electrification, robotics and infrastructure.

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Ericsson — Northern Network Giant

The European Commission (EC) has announced creation of the second phase of the EC’s 6G flagship initiative, called Hexa-X-II. The goal of this project is to establish Europe as a leader in 6G technology. It is supposed to ensure data transparency, privacy and security, and network robustness.

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Nokia — Rising Again?

The greatest impact on good results of the company has its Network Infrastructure product category, as it has a strong end-market demand, gaining 12% YoY.

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ABB Group — Switzerland’s & Sweden’s Synergy

ABB’s 2022 Q2 Results show strong demand and operational performance. The company managed to achieve a strong order growth (10%) and to improve the Operational EBITAmargin to 15.5%.

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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 91.84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read the Risk Disclosure.


BCM Begin Capital Markets Cy Ltd. currently does not accept registrations from Slovenian nationals or residents.