Reported about 8 hours ago
The latest earnings reports show strong performances from 3M, American Express, and Charles Schwab in Q2, all exceeding estimates and showcasing resilience in consumer spending. 3M raised its profit outlook, benefiting from steady demand, while American Express noted consistent spending trends despite market uncertainties. Charles Schwab's profits surged by 60%, fueled by increased trading activity amid market volatility. Other companies like PepsiCo and Taiwan Semiconductor also reported better-than-expected results, adding optimism as investors monitor the overall health of the U.S. economy.
Source: YAHOO