IonQ is buying United Kingdom-based quantum computing startup Oxford Ionics in a deal valued at nearly $1.1 billion.Shares gained about 3%.The companies said in a release that the deal will combine IonQ’s quantum computing hardware and software knowledge with Oxford Ionics’ semiconductor chip technologies. The company aims to deliver breakthroughs in the field and capitalize on growing revenue opportunities.”We believe the advantages of our combined technologies will set a new standard within quantum computing and deliver superior value for our customers through market-leading enterprise applications,” said IonQ CEO Niccolo De Masi in a release.The deal, which is expected to close…
Author: usaeverydaylife
As investors assess whether the U.S. is still a good place to put their money, the list of events in the country making global headlines just keeps growing. Front of mind for investors is both U.S. President Donald Trump’s tariffs regime — with much anticipated talks between the U.S. and China taking place in London on Monday — and the spending bill , which could allow the U.S. to add a new tax of up to 20% on foreigners with U.S. investments. Indeed, the market volatility under Trump’s presidency so far has led some investors to diversify to other markets…
Check out the companies making headlines before the bell: Warner Bros. Discovery — Shares jumped nearly 9% after Warner said it will split into two publicly traded companies by next year. One company will host WBD’s streaming services and movie properties, while the other will include its cable networks such as CNN and TNT Sports. Tesla — Shares of the electric vehicle maker dropped about 2% after Baird downgraded the stock to neutral from buy. The firm said CEO Elon Musk’s comments on robotaxi plans are “a bit too optimistic” and that Musk’s relationship to President Donald Trump adds “considerable…
Jefferies thinks Quaker Chemical could be on the verge of a breakout in both the near and long term. The metal processing fluid company, which does business as Quaker Houghton, was upgraded to buy from hold on Monday. Jefferies also upped its price target to $146 per share from $115, which implies more than 33% upside from Friday’s $109.65 close. While shares have pulled back more than 22% so far in 2025, analyst Laurence Alexander Quaker expects that to change as conditions improve for steel demand and infrastructure spending increases. Also, the company should be able to pass through any higher…
Check out the companies making the biggest moves midday: Warner Bros. Discovery — Shares jumped 7% after Warner said it will split into two publicly traded companies by next year. One company will host WBD’s streaming services and movie properties, while the other will include its cable networks such as CNN and TNT Sports. Universal Health Services — The hospital operator fell more than 6% after Chief Financial Officer Steve Filton said at a conference that procedural volumes “have been slower to recover back to historical levels than we might have imagined.” He also raised concerns over how President Donald…
US President Donald Trump gives a thumbs up as he exits Marine One and walks to board Air Force One at Joint Base Andrews, Maryland, on June 6, 2025. Andrew Caballero-Reynolds | AFP | Getty ImagesThe CEOs of Uber, Dell, Goldman Sachs and more are expected to announce Monday that they will collectively invest billions of dollars into so-called Trump accounts for the children of their employees, a White House spokesperson confirmed to CNBC.The executive are slated to make the commitments during President Donald Trump’s roundtable event touting the eponymous pilot program, which would deposit $1,000 from the government in…
Microsoft ROG Xbox Ally and Ally X Handheld devicesSource: XboxMicrosoft Xbox players will soon be able to take their favorite games anywhere with the launch of the new ROG Xbox Ally handhelds.This is a first for Xbox, which has never released a handheld before.The devices, developed in collaboration with ASUS, offer a full-screen Xbox experience meant for portable play.Players will be able to access Xbox games, stream content, and play on the go with built-in support for cloud gaming.”Players can look forward to an approachable gaming experience that travels with you wherever you go, featuring several new and first-of-their kind…
This picture shows signage of cross-border fast fashion e-commerce company SHEIN.Jade Gao | Afp | Getty ImagesFast fashion giant Shein is reportedly set to boost its manufacturing in India with a view to bolstering its international supply chains amid the ongoing U.S.-China trade war.The Chinese-founded, Singapore-headquartered brand and Indian partner Reliance Retail are set to expand their supplier base in the South Asian country and begin international sales of India-made Shein clothes within the next six to 12 months, Reuters reported Monday, citing sources.The plans aim to increase Indian suppliers from 150 to 1,000 within a year, they added.Shein told…
A Capital One Walmart credit card sign is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019.Yichuan Cao | Nurphoto | Getty ImagesWalmart’s majority-owned fintech startup OnePay said Monday it was launching a pair of new credit cards for customers of the world’s biggest retailer.OnePay is partnering with Synchrony, a major behind-the-scenes player in retail cards, which will issue the cards and handle underwriting decisions starting in the fall, the companies said.OnePay, which was created by Walmart in 2021 with venture firm Ribbit Capital, will handle the customer experience for the card program through its…
RH’s unique position, with a high-end assortment, relative scale, and a small share of the home furnishings market, leaves room for long-term growth. However, the weak U.S. housing market is a significant headwind. This is something CEO Gary Friedman acknowledged on the earnings conference call last quarter… “While we expect a higher-risk business environment this year due to the uncertainty caused by tariffs, market volatility, and inflation risk, we believe it’s important to separate the signal from the noise. The fact is, we’ve been operating in the worst housing market in almost 50 years. For context, in 1978, there were…
