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3M Stock Jumps on Improved Earnings Guidance
The Wall Street Journal60d agobullish
3M Stock Jumps on Improved Earnings Guidance

Materials maker 3M saw its share price leap about 9% after raising its full-year adjusted earnings guidance, making it Tuesday morning’s best performer in the Dow Jones Industrial Average. The company saw its Q2 adjusted earnings increase 11% year-over-year thanks in part to strong performance in its industrial and safety businesses. Chief Executive Bill Brown said the company is reshaping its portfolio to focus on high-growth, high-margin businesses such as data centers and fire and rescue equipment.

3M shares jump on Q2 earnings beat, raised guidance
Proactive60d agobullish
3M shares jump on Q2 earnings beat, raised guidance

3M Co (NYSE:MMM) shares rose about 9% in early trade on Tuesday after the industrial conglomerate reported second-quarter adjusted earnings and revenue above Wall Street expectations and increased its full-year 2026 earnings guidance. The company reported adjusted earnings per share of $2.40...

New Dow Jones AI Data Center Play Flashes A Buy Signal
Investor's Business Daily66d agobullish
New Dow Jones AI Data Center Play Flashes A Buy Signal

3M's hot new optical technology for data centers is being deployed by Microsoft Azure, the companies announced on Wednesday. MMM stock is a top performer on the Dow Jones Industrial Average on Wednesday, flashing an early buy signal. 3M said on its April 21 earnings call that its new expanded beam optics technology had received validation and a significant order from a hyperscaler, which has apparently now been revealed to be Microsoft.