3M Company3M reported stronger earnings and an improved outlook, gaining over 8%.
U.S. stock indexes climbed on Tuesday as a rebound in chipmakers and AI-infrastructure stocks gathered pace. The S&P 500 rose 0.38%, the Dow Jones Industrial Average added 0.17%, and the Nasdaq 100 jumped 1.26%. Chipmakers rallied after a recent selloff cheapened valuations, drawing dip buyers ahead of megacap technology earnings this week, starting with Alphabet on Wednesday. Software stocks were weak after Morgan Stanley downgraded several companies in the sector, including Adobe, Intuit, and Workday. Hasbro surged more than 10% after reporting better-than-expected quarterly revenue and raising its full-year adjusted Ebitda forecast, while 3M gained over 8% on stronger earnings and an improved outlook. Danaher fell more than 13% after issuing a weaker revenue growth forecast, and MSCI dropped over 10% on an earnings miss and higher expense guidance.
3M Company3M reported stronger earnings and an improved outlook, gaining over 8%.
Adobe Systems IncorporatedMorgan Stanley downgraded Adobe, Intuit, and Workday, causing software stocks to be weak.
Advanced Micro Devices Inc
Arm Holdings plc American Depositary Shares
Salesforce.com Inc
Alphabet Inc Class C
Marvell Technology Group Ltd
Nebius Group N.V.
ServiceNow Inc
Applied Materials Inc
ASML Holding N.V.
Intel Corporation
KLA Corporation
Lam Research Corp
Micron Technology Inc
Sandisk Corp
Teradyne Inc
Workday IncMorgan Stanley downgraded Workday, contributing to weakness in software stocks.
Intuit IncMorgan Stanley downgraded Intuit, contributing to weakness in software stocks.
Autodesk Inc
Datadog Inc
Seagate Technology PLC
Atlassian Corp Plc
Western Digital Corporation
Coinbase Global Inc
Circle Internet Group, Inc.
Galaxy Digital Holdings Ltd
Marathon Digital Holdings Inc
MicroStrategy Incorporated
Riot Platforms, Inc.
Charles Schwab Corp
Danaher CorporationDanaher issued a weaker revenue growth forecast, causing its stock to fall over 13%.
Agios Pharm
Hasbro IncHasbro reported better-than-expected quarterly revenue and raised its full-year adjusted Ebitda forecast, surging over 10%.
Ralph Lauren Corp Class A
MSCI IncMSCI dropped over 10% on an earnings miss and higher expense guidance.
Equifax Inc
Halliburton Company