Business News - Page 53 of 175

D-Wave Quantum (QBTS) Targets Financial Crime Detection With Nasdaq Verafin Partnership

Thomas ShelterAugust 16, 202604 mins

D-Wave Quantum (NasdaqGS: QBTS) has entered a significant new partnership with Nasdaq Verafin to apply quantum computing directly to financial crime detection workflows. The collaboration focuses on deploying D-Wave’s quantum solutions to address complex financial crime analytics across the banking and financial services sector. This agreement marks a meaningful expansion of D-Wave Quantum’s commercial ambitions…

David Tepper’s Appaloosa Management Exits 12 Stocks In Q2 2026, Including SNDK, MSFT, And LYFT

Anthony SinclairAugust 16, 202605 mins

Billionaire hedge fund manager David Tepper’s Appaloosa Management closed out 12 positions entirely in its Q2 2026 13F filing submitted on August 14, 2026. The full exit list as of June 30, 2026 includes SanDisk (NASDAQ: SNDK), Corning (NYSE: GLW), PDD Holdings (NASDAQ: PDD), JD.com (NASDAQ: JD), and L3Harris Technologies (NYSE: LHX). Appaloosa also exited…

Stock Futures Hold Steady As Investors Await Key Jobs Data And Fed Policy Signals

Thomas ShelterAugust 16, 202603 mins

U.S. stock futures were little changed ahead of Thursday’s opening bell, pointing to another cautious session on Wall Street as traders weighed the Federal Reserve’s next policy move. Markets were expected to remain rangebound as investors avoided taking large positions before Friday’s closely watched employment report, which is seen as a critical data point for…

Weak Oil Demand, Not Geopolitics, Is Keeping Crude Prices Grounded

Anthony SinclairAugust 16, 202604 mins

The oil market has stopped reacting to global conflict headlines the way it once did, and economists say the real explanation is structural demand erosion. The world is simply learning to consume less oil than it used to, a shift that carries significant implications for the broader global economy going forward. Economists warn that persistently…

D-Wave Quantum (QBTS) Secures NRC Funding And Lands Nature-Published Gate Breakthrough That Could Reshape Investment Case

Thomas ShelterAugust 16, 202604 mins

In August 2026, D-Wave Quantum secured up to C$300,000 in funding from Canada’s National Research Council to advance its software development efforts. Alongside that government-backed grant, D-Wave published peer-reviewed research in Nature detailing a high-fidelity, hardware-level error-correcting two-qubit gate already integrated into its dual-rail gate-model systems. Together, these two developments underscore D-Wave’s ongoing effort to…

Three Quantum Computing Stocks (IONQ, RGTI, QBTS) Draw Aggressive Investors Amid Policy Tailwinds And Record Growth

Anthony SinclairAugust 16, 202605 mins

Quantum computing remains one of the market’s most speculative corners, with August delivering the kind of setup that aggressive investors actively hunt for. Monster revenue growth, fresh White House policy tailwinds, and stocks still trading well below their late-2025 highs have converged to put the sector back in focus. Valuations are extreme, losses are widening,…

Walmart (WMT) And Target (TGT) Earnings Set To Expose The True State Of American Spending

Thomas ShelterAugust 16, 202604 mins

Walmart and Target are preparing to report quarterly earnings, with Wall Street watching closely for signals on the health of the U.S. consumer. Few retailers offer as broad a window into American spending habits as these two giants, whose combined U.S. sales approach nearly half a trillion dollars annually. Both companies operate thousands of physical…

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Jim Cramer Says Market Realism Is Catching Up To D-Wave Quantum (NYSE: QBTS)

Anthony SinclairAugust 15, 202604 mins

D-Wave Quantum Inc. (NYSE: QBTS) has delivered a wild ride for investors, with shares up 24% over the past year but down by the same amount year-to-date. The company reported its second quarter earnings on August 6th, and shares closed the session 9% lower in response to the results. CNBC’s Jim Cramer addressed the market…

Trump Accounts And Grandparent 529s Reshape How Families Pay For College

Thomas ShelterAugust 15, 202604 mins

The 2025 tax legislation introduced a new savings vehicle for children called Trump Accounts, which officially became available starting July 4, 2026. Any contributor can deposit up to $5,000 annually into these accounts during 2026 and 2027, with that cap indexed for inflation in subsequent years. Children born between January 1, 2025, and December 31,…

Birkenstock And Crocs (CROX) Ride Ballet Flat Wave As Footwear Trend Shows No Signs Of Slowing

Anthony SinclairAugust 15, 202603 mins

The ballet flat has officially moved beyond niche fashion circles and into mainstream footwear culture, with nearly every major brand now launching its own version. Birkenstock and Crocs (CROX) are among the most prominent names capitalizing on what has become one of the most durable style movements in recent footwear history. Birkenstock CEO Oliver Reichert…