Wall Street analysts estimate that 3M will report quarterly earnings of $1.66 per share next week, reflecting a significant 31.4% year-over-year decline. Revenues are projected at $5.79 billion, down 27.7% compared to the same quarter last year. As we mentioned previously, we have not yet set a clear limit for 3M and continue to monitor its chart closely. The current structure suggests that the alternative scenario, where wave 1 is positioned higher, appears increasingly likely. However, a significant surge beyond this point does not seem probable at this time. We’re keeping a close watch to determine where this wave 1 establishes its top before making any further moves. Patience remains key as we refine our conclusions on NYSE:MMM ’s next steps.
After nine months re-charging its batteries, the UK 100 seems to have broken out. First stop 8900, being a measured move from the bottom of the consolidation. Perhaps an eventual high of 9200 using the lead-in move.
Trading in a nice descending channel. Currently testing the upper channel resistance level which confluences with the previous moves 76.4% Fib Retracement adding weight to this level. Potential for another test of the equilibrium, potentially even the lower channel trend line around the -27.2 Fib Extension. Stops can be placed at break even / just above the upper channel trend line.
In the world of cryptocurrencies, a remarkable tale of growth unfolded between 2020 and 2025. The total market capitalization of cryptocurrencies, excluding Bitcoin and Ethereum, embarked on an extraordinary journey from a modest $100 billion in 2020 to a staggering $1 trillion by 2025. Now in 2025, the cryptocurrency market has become a diverse ecosystem. Stablecoins have solidified their role, achieving a market cap of over $200 billion and driving adoption in various sectors. The tokenization of real-world assets gained momentum, with approximately $12 billion in tokenized securities existing on blockchains. Looking ahead, experts predict even more dramatic growth. With the potential for the total cryptocurrency market cap to reach $3.5 trillion in the near future. It's not far-fetched to imagine the market excluding Bitcoin and Ethereum could surge to $5 trillion before 2030
ION has been registered as an Independent Software Vendor (ISV) for algorithmic trading on the Bombay Stock Exchange (BSE).
eToro has submitted confidential filings with the U.S. Securities and Exchange Commission (SEC) amid a challenging period for high-profile public listings.
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Entrepreneur and investor Mark Cuban is ready to fund a TikTok alternative built on Bluesky’s AT Protocol, he shared in a TikTok video posted on Wednesday. In anticipation of the coming U.S. TikTok ban, which will go through on Sunday unless paused by the Supreme Court, users have been fleeing to other video platforms, including […] © 2024 TechCrunch. All rights reserved. For personal use only.
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Before we move into the news of this week, we have one more roundup of transportation tech at CES 2025. As I noted last week, autonomous vehicle […] © 2024 TechCrunch. All rights reserved. For personal use only.
Trading platform eToro has reportedly filed confidentially for a US IPO that could value the company at over $5 billion. © 2024 TechCrunch. All rights reserved. For personal use only.