Internet of Things (IoT) refers to the network of interconnected devices, sensors, and objects that can communicate and share data over the internet. These devices range from smart thermostats and wearable fitness trackers to industrial machines and autonomous vehicles. IoT technology uses real-time data collection, analysis, and automation, turning separate products and services into a connected system centered around each individual. Internet of Things (IoT) companies operate in a rapidly growing field with many applications, offering opportunities for efficiency gains, data-driven insights, cross-industry collaboration, and the potential for market disruption, all of which are appealing to investors seeking growth and innovation.
— Shares surged more than 18% to hit a 52-week high after the maker of office supplies and adhesives reported stronger-than-expected quarterly results. 3M posted second-quarter adjusted earnings of $1.93 per share, exceeding an LSEG estimate of $1.68 per share. Revenue also topped Wall Street’s forecast.
$DexCom(DXCM.US)$
— Shares plummeted more than 40% after the medical device maker missed expe...
U.S. stocks advanced as $NVIDIA(NVDA.US)$, $Microsoft(MSFT.US)$, $Amazon(AMZN.US)$ and $Meta Platforms(META.US)$ rebounded after the latest U.S. economic data bolstered the case for the Federal Reserve to start cutting interest rates in the next few months.
The $S&P 500 Index(.SPX.US)$ rose 1.1% to close at 5459.10, while the tech-heavy $Nasdaq Composite Index(.IXIC.US)$ gained 1.03% to 17,...
My name is Kevin Travers, here are stories from the herd on Wall St today.
$3M(MMM.US)$ lifted the low end of its full-year earnings outlook on Friday after reporting second-quarter results above market estimates, it flew 19%, yanking the Dow higher as the highest advancer.
$DexCom(DXCM.US)$ fell 41%,...
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