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3M partners with Microsoft on AI tech, beats Q2 earnings estimates, shares rise 8% in a week

Market News
26 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

3M announced a strategic partnership with Microsoft to integrate its Expanded Beam Optical technology into Microsoft's Azure AI infrastructure while adopting Microsoft's AI solutions internally. The collaboration positions 3M as both a key supplier to cloud operators and an AI technology user, potentially expanding its market beyond Microsoft. 3M also reported strong Q2 2026 results, with earnings per share of $2.40 beating estimates and revenue of $6.5 billion surpassing forecasts. Following these developments, 3M shares rose 8% for the week, and analysts like JPMorgan upgraded their ratings, reflecting positive investor sentiment and growth prospects.

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BitMart crypto exchange shuts down after years of decline and a major 2021 hack.

BitMart crypto exchange shuts down after years of decline and a major 2021 hack.

BitMart, once a top 10 crypto exchange, announced it is winding down operations due to years of declining market share and liquidity, worsened by a 2021 hack that damaged user confidence. The platform stopped new registrations, deposits, and trading ...

Market News
Bearish
4 hours ago
Top credit cards offer up to 21 months 0% intro APR on purchases and balance transfers in 2026

Top credit cards offer up to 21 months 0% intro APR on purchases and balance transfers in 2026

Several credit cards in 2026 provide up to 21 months of 0% introductory APR on purchases and balance transfers, helping consumers avoid high interest and pay down debt interest-free. Notable cards include Wells Fargo Reflect® and Chase Slate®, both o...

Others
Bullish
4 hours ago
CIT Bank offers a limited-time 4.10% APY boost on Platinum Savings for balances over $5,000.

CIT Bank offers a limited-time 4.10% APY boost on Platinum Savings for balances over $5,000.

CIT Bank is currently offering a limited-time promotion that boosts the Annual Percentage Yield (APY) on its Platinum Savings account to 4.10% for six months on balances of $5,000 or more. After the promotion ends, the APY reverts to the standard 3.7...

Others
Neutral
4 hours ago
SpaceX stock may offer better buying opportunities after earnings report and potential price dips in late 2026.

SpaceX stock may offer better buying opportunities after earnings report and potential price dips in late 2026.

SpaceX shares have dropped over 30% since their June 2026 IPO, with investors advised to consider buying between August and October 2026 for a better entry point. The company's first public earnings report on August 4 could trigger further price vola...

Analyst Insights
Neutral
4 hours ago
Davis Select U.S. Equity ETF expected to underperform IVV through 2026 despite recent modest gains.

Davis Select U.S. Equity ETF expected to underperform IVV through 2026 despite recent modest gains.

The Davis Select U.S. Equity ETF (DUSA) has modestly outperformed the IVV ETF year-to-date, despite its portfolio focusing on low-beta, high earnings yield stocks. However, analyst Vasily Zyryanov maintains a neutral stance and expects DUSA to underp...

Analyst Insights
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4 hours ago
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