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Arrow Electronics, Inc. - ARW STOCK NEWS

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.

Arrow Electronics, Inc. (NYSE: ARW) is a global provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. With a robust portfolio that spans the world's most critical technologies, Arrow Electronics supports everything from automotive systems to everyday household gadgets. The company leverages its extensive network of suppliers and industry expertise to help businesses innovate, accelerate their time to market, and boost their competitiveness.

Founded in 1935 and headquartered in Centennial, Colorado, Arrow Electronics is a Fortune 150 company that reported sales of $33 billion in 2023. The firm employs approximately 17,000 people across more than 460 locations in 56 countries. Arrow operates through two main business segments: the Components Business and Enterprise Computing Solutions.

Arrow Electronics has earned a reputation for being a forward-thinking company, often collaborating with leading technology manufacturers to design and source the next generation of products. Their commitment to innovation is evident in their partnerships and initiatives, such as sponsoring the FIRST® Robotics Competitions and supporting STEM education programs worldwide. In 2024, Arrow continued its tradition of fostering the next generation of engineers by organizing several events, including the Colorado Regional FIRST® Robotics Competition.

Arrow also prioritizes sustainability and social responsibility. The company's 2023 ESG Report outlines its efforts and goals in environmental, social, and governance aspects, reaffirming its commitment to acting on global challenges. By integrating ESG principles into its daily operations, Arrow aims to not only achieve business objectives but also create a positive impact on the communities it serves.

Recently, Arrow teamed up with the Colorado Rockies to support youth initiatives in the Denver area, demonstrating its dedication to community engagement. This collaboration included honoring the nonprofit organization A Precious Child during the opening day of the 2024 Major League Baseball season, further showcasing Arrow’s commitment to societal welfare.

For those looking to stay updated on Arrow Electronics' latest news and developments, the company continues to be a focal point of innovation and growth in the technology sector. Learn more at arrow.com.

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Arrow Electronics, Inc. (ARW) has been named to FORTUNE’s World’s Most Admired Companies list, topping the 'Wholesalers: Electronics and Office Equipment' category for the 11th consecutive year. This marks the 24th time Arrow has appeared on the listing. Arrow topped all nine key attributes in the World’s Most Admired Companies list, including innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products/services, and global competitiveness.
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Arrow Electronics, Inc. (NYSE:ARW) and eInfochips are expanding their Automotive Centre of Excellence in Egypt to support the development of next-gen automotive products. The expansion aims to address the challenges associated with connected, autonomous, and electrification technologies in the automotive industry. Arrow's recent acquisition of Avelabs further enhances the CoE's capabilities, enabling innovators to navigate the complexities of automotive electronics design.
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Arrow Electronics, Inc. (ARW) will host a conference call to discuss its fourth-quarter and full-year 2023 financial results on Feb. 8, 2024, at 1:00 PM ET. The company reported 2022 sales of $37 billion and aims to guide innovation forward for over 210,000 leading technology manufacturers and service providers. Interested parties can access the live webcast and obtain dial-in information for the conference call via the events section of investor.arrow.com. Arrow Electronics develops technology solutions that help improve business and daily life.
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Arrow Electronics (ARW) is collaborating with technology startup Oyika to deploy battery charging stations in Southeast Asia cities, aiming to support a new generation of clean and quiet electric motorbikes. The transition from petroleum-fueled motorbikes to battery power can significantly improve urban air quality in the region. Oyika has developed a smart battery exchange system at convenience stores, managed through a mobile app, with Arrow's assistance. The company is also working on design engineering, power management, 4G IoT telematics, component sourcing, smart battery monitoring, and GPS-enabled security and safety for Oyika's integrated solution. Oyika's battery-as-a-service business aligns with five of the United Nations's sustainability goals, including climate action, affordable and clean energy, good health and well-being, gender equality, and reduced inequalities.
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Arrow Electronics (ARW) Announces Winners of Call for Code Contest Focused on AI-Powered Technologies for Agriculture
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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.
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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.
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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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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.
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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.
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FAQ

What is the current stock price of Arrow Electronics (ARW)?

The current stock price of Arrow Electronics (ARW) is $119.26 as of November 22, 2024.

What is the market cap of Arrow Electronics (ARW)?

The market cap of Arrow Electronics (ARW) is approximately 6.2B.

What is Arrow Electronics, Inc. known for?

Arrow Electronics, Inc. is known for providing products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions.

Where is Arrow Electronics headquartered?

Arrow Electronics is headquartered in Centennial, Colorado.

How many employees does Arrow Electronics have?

Arrow Electronics has approximately 17,000 employees worldwide.

What are the major business segments of Arrow Electronics?

Arrow Electronics operates through two main business segments: the Components Business and Enterprise Computing Solutions.

What was Arrow Electronics' revenue in 2023?

Arrow Electronics reported sales of $33 billion in 2023.

How does Arrow Electronics contribute to innovation?

Arrow Electronics collaborates with leading technology manufacturers to design and source next-generation products. It supports STEM education and sponsors events like the FIRST® Robotics Competitions.

What initiatives does Arrow Electronics support in the community?

Arrow Electronics supports numerous initiatives, such as youth programs with the Colorado Rockies, robotics competitions, and STEM education programs.

What are the environmental, social, and governance efforts of Arrow Electronics?

Arrow Electronics integrates ESG principles into its operations, as detailed in its 2023 ESG Report, focusing on sustainability, social responsibility, and governance.

Where can I find more information about Arrow Electronics' latest developments?

You can find more information on Arrow Electronics' website at http://www.arrow.com and stay updated with their latest news and developments.

Arrow Electronics, Inc.

NYSE:ARW

ARW Rankings

ARW Stock Data

6.23B
52.18M
0.79%
106.59%
5.03%
Electronics & Computer Distribution
Wholesale-electronic Parts & Equipment, Nec
Link
United States of America
CENTENNIAL