Previous close | 0.5600 |
Open | 0.6400 |
Bid | 0.5200 |
Ask | 0.7000 |
Strike | 155.00 |
Expiry date | 2025-01-17 |
Day's range | 0.5600 - 0.6400 |
Contract range | N/A |
Volume | |
Open interest | 1.47k |
Many companies will release their latest quarterly earnings, including Amazon (AMZN), AMD (AMD), 3M (MMM), Starbucks (SBUX), Coca-Cola (KO), Stellantis (STLA), Super Micro (SMCI), Pinterest (PINS) and more. April's Consumer Confidence data will be released. Current estimates hover at 103.5, lower than March's 104.7. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
3M has hiked prices over the past two years and said last quarter it will continue to lean on price increases across categories to offset inflation and slow demand in its electronics business that makes optical films for smartphone and television displays. This helped the industrial conglomerate, along with cost cuts, to navigate the slow demand environment, particularly in markets such as China.
U.S. industrial conglomerate 3M Co posted a 21% rise in quarterly profit on Tuesday as price hikes and cost cuts offset the impact from slow sales. 3M has hiked prices over the past two years and said last quarter it will continue to lean on price increases across categories to offset inflation and slow demand in its electronics business that makes optical films for smartphone and television displays. This helped the industrial conglomerate, along with cost cuts, to navigate the slow demand environment, particularly in markets such as China.