US Politics & Business News
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The Pentagon has formally asked major U.S. defense contractors to accelerate production and delivery of critical weapons systems as the Iran war strains military stockpiles. Deputy Defense Secretary Steve Feinberg sent the request in an August 5 letter to companies including Boeing Co (NYSE: BA), Lockheed Martin Corporation (NYSE: LMT), and RTX Corp (NYSE: RTX)….
D-Wave Quantum Inc. (QBTS) reported a second-quarter 2026 adjusted loss of 10 cents per share, wider than the Zacks Consensus Estimate of a loss of 8 cents. On a GAAP basis, the loss per share narrowed significantly to 13 cents, compared with 55 cents in the same quarter a year ago. Total revenues came in…
D-Wave Quantum (QBTS) saw its stock slide following the release of its latest quarterly earnings report, even as the company revealed a dramatic surge in customer activity. The quantum computing firm reported a staggering 1,120% increase in bookings, a figure that would typically signal strong momentum for any technology company. Despite that eye-catching metric, the…
Quantinuum and Infleqtion are set to report earnings next week, marking a pivotal moment for two of the newest publicly traded quantum-computing companies. Investors will get their first major look at the financial performance of both firms, with results expected to move markets in the rapidly growing quantum sector. The quantum-computing industry has attracted significant…
D-Wave Quantum Inc. (QBTS) used its second-quarter 2026 earnings call to outline two central priorities: expanding commercial adoption of annealing quantum computing and progressing toward fault-tolerant gate-model systems. President and CEO Alan Baratz said D-Wave is targeting a gate-model system with 100 logical qubits and more than 1 million reliable operations by 2032, which management…
A software developer with 11 years of industry experience is struggling to find work after being laid off two months ago. The job seeker describes this search as significantly harder than previous layoff experiences, pointing to sweeping changes across the hiring landscape. The developer initially attempted to filter out roles involving artificial intelligence, hoping to…
After surging 217.1% over the past five years, Lloyds Banking Group is now drawing fresh scrutiny over whether its current share price leaves investors enough room for further gains. The stock presents a complicated valuation picture, with different analytical models pointing in sharply opposite directions on whether shares remain attractive at current levels. The Excess…
Space Exploration Technologies Corp. (SPCX) operates a fast-growing Starlink franchise, an expanding AI monetization business, and a launch platform built around reusable rockets. Those three business lines give the company multiple paths to growth, but they also demand unusually large capital investments that weigh on near-term profitability. The central question for investors is whether improving…
Xanadu Quantum Technologies (XNDU) posted measurable hardware progress in its second public-company quarter, translating post-listing capital into faster photonic component development and higher fabrication throughput. The company achieved average edge-coupling loss of 0.085 dB per facet, supported by its internal advanced photonic chip-packaging facility, customized fiber and fiber-array work with Corning, and wafer-singulation support from…
D-Wave Quantum (QBTS) reported second-quarter 2026 revenue of $3.1 million, essentially flat compared to the same period in 2025, falling short of Wall Street expectations. The company posted a GAAP loss per share of $0.13, missing analyst estimates of $0.10 by roughly 30%, triggering a sharp negative market reaction. Shares of QBTS fell 12.34% in…