Tag: NYSE:MMM
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3M Reverses Profit And Has A Loss Of US$ 6.8 Billion In 2Q23
3M (NYSE:MMM) reported a loss of US$6.841 billion in the second quarter of 2023, compared to a profit of US$82 million reported in the previous period. On the same basis of comparison, revenue totaled US$ 8.325 billion, a decrease of 4.33%. According to the company, the results reflect the reduction in the sale of electronic…
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Tuesday’s Wall Street Highlights: GM, TSMC, Spotify, F5 Networks and more
US Index Futures are up in premarket Tuesday, with an eye on quarterly results, in addition to expectations of interest rates setting in the world’s largest economy tomorrow. By 07:16 AM, Dow Jones (DOWI:DJI) futures were up 22 points, or 0.06%. S&P 500 futures were up 0.12%, while Nasdaq-100 futures were up 0.33%. The 10-year Treasury yield is…
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Wednesday’s Wall Street Highlights: Nvidia, VMware, Alphabet, Coty, IBM, and more
US Index Futures operated higher on Wednesday, with investor expectations that US consumer inflation will reach the lowest level since 2021. By 07:01 AM, Dow Jones (DOWI:DJI) futures were up 28 points, or 0.08%. S&P 500 futures were up 0.16%, while Nasdaq-100 futures were up 0.19%. The 10-year Treasury yield is currently at 3.95%. On Wednesday’s American economic…
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Tuesday’s Wall Street Highlights: Walgreens, Lordstown Motors, AMD and more
US stock futures show timid signs of recovery after Chinese Premier Li Qiang’s speech at the World Economic Forum, announcing the country’s intention to implement new, “more effective” measures to boost domestic demand. The sectors with the best pre-market performances are telephony, technology and energy. By 07:02 AM, Dow Jones (DOWI:DJI) futures were up 3 points, or…
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Friday’s Wall Street Highlights: Ford Motor, Meta Platforms, 3M, Conformis and more
Worries about demand and a slowing economy weigh on US Index Futures and European stocks as central banks in Europe and the US indicate a leaning towards raising interest rates to ensure inflation converges towards the goal. By 07:27 AM, Dow Jones futures (DOWI:DJI) fell 90 points, or 0.26%. S&P 500 futures were down 0.41%, while…
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Monday’s Wall Street Highlights: UBS, Tesla, Palo Alto Networks, Novo Nordisk and more
US Index Futures open the week with no clear direction close to flat after a rally last week gave the S&P 500 its best weekly performance since March. At around 7:20 AM, Dow Jones (DOWI:DJI) futures were up 29 points, or 0.09%. S&P 500 futures were up 0.07%, while Nasdaq-100 futures were down 0.10%. The yield on the…
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Thursday’s Wall Street Highlights: Nvidia, Best Buy, Palantir, Snowflake and more
US Index Futures are upbeat for a possible solution to the U.S. debt ceiling impasse, with S&P 500 futures posting a one-week high and technology stocks soaring after chipmaker Nvidia Inc. issued a bright revenue forecast. Dow Jones Industrial Average futures fell after Fitch Ratings placed top-rated US bonds on negative watch due to stalled talks…
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Tuesday’s Wall Street Highlights: Retail Sales, Amgen, Activision Blizzard, Capital One and More
Tuesday’s pre-market was marked by a climate of uncertainty in financial markets, with US Index Futures falling. All eyes on Wall Street were focused on an important meeting between Congressional leaders and President Joe Biden, at which the central issue was the US debt ceiling. By 08:30 AM, Dow Jones futures were down 94 points, or…
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Tuesday’s Wall Street Highlights: First Republic, UPS, McDonald’s, GM and more
Main subjects of the day US stock futures fell on Tuesday as traders await the week’s earnings from major tech companies as well as new economic data, and watch for bad news from regional banks. By 8:20 AM, Dow Jones futures (DOWI:DJI) were down 68 points, or 0.20%. S&P 500 futures (SPI:SP500) and Nasdaq-100 futures (NASDAQI:COMP) were down 0.37% and 0.33%,…