3M JUMPS 6 % ON EXPANDED AMAZON DATA CENTER DEAL AND EARNINGS BEAT ; COHERENT EDGES HIGHER , CORNING STAYS FLAT

What happened: 3M expanded its commercial relationship with Amazon to deploy and scale optical connectivity and other data center products, and reported better-than-expected quarterly earnings while raising its full-year adjusted earnings outlook. Key numbers: 3M shares rose 6% to $171.91. Why it matters: 3M outpaced Coherent, up 1.33% to $235.11, and Corning, down 0.21% to $132.46, suggesting investors responded to company-specific developments. The warrant ties much of the potential equity participation to future purchases rather than revenue already earned. Coverage: 6 outlets in 24h

3M expanded its commercial relationship with Amazon to deploy and scale optical connectivity and other data center products, and reported better-than-expected quarterly earnings while raising its full-year adjusted earnings outlook.

3M outpaced Coherent, up 1.33% to $235.11, and Corning, down 0.21% to $132.46, suggesting investors responded to company-specific developments. The warrant ties much of the potential equity participation to future purchases rather than revenue already earned.