3M's stock surged 6% after announcing an expanded data center deal with Amazon and beating earnings expectations. The new agreement could bring billions in revenue tied to Amazon's future purchases, while 3M also raised its full-year earnings guidance. This combination offers both immediate profit gains and long-term growth potential, though investors should watch for execution and actual sales growth to justify the deal's value. 3M outperformed peers and broader markets on this news, signaling strong investor confidence.
Following 3M's positive earnings and expanded Amazon deal, 3M shares on Pluang rose 5.74% to USD 171.39 as of Oct 20, 2026 22:12 WIB, showing strong investor interest with nearly balanced buy and sell orders. Amazon's stock was up modestly by 0.44% at USD 263.61, while Coherent edged down slightly by 0.01% to USD 232.00. Corning shares declined 1.32% to USD 131.10, reflecting mixed movements in related industrial and technology sectors.
3M reported strong Q3 2026 earnings with adjusted EPS of $2.50, beating estimates of $2.38, and GAAP profit rising to $1.37 billion from $834 million a year earlier. Sales reached $6.6 billion, slightly below estimates, but showed 3.3% organic growth...
The New York Stock Exchange (NYSE) offers daily pre-market updates directly from its trading floor, including insights for October 20, 2026. At the Money20/20 event, NYSE Vice Chair Michael Harris will join a panel on digital assets, alongside fintec...
3M reported third-quarter earnings per share of $2.50 on sales of $6.6 billion, surpassing Wall Street expectations of $2.38 per share. This marks an improvement from last year's $2.19 per share on $6.2 billion sales. The company is now positioning i...
3M surged 4% premarket after expanding its strategic agreement with Amazon to supply optical connectivity and data center products, including a warrant deal allowing Amazon to buy shares. Activist fund Starboard Value took a stake in Solstice Advance...
3M reported Q3 GAAP sales of $6.6 billion, up 1%, with adjusted sales growing 4.2% including 3.3% organic growth. Adjusted EPS rose 12% to $2.50, and operating margin improved by 110 basis points to 26.2%. The company generated $1.2 billion in adjust...
