Business News - Page 75 of 175

D-Wave (QBTS) Publishes Nature Study Showing Quantum Error Correction Breakthrough With Lower Hardware Overhead

Thomas ShelterAugust 5, 202604 mins

D-Wave Quantum Inc. (Nasdaq: QBTS) has announced a major research breakthrough that advances the development of practical, fault-tolerant gate-model quantum computing. The findings, published in the peer-reviewed journal Nature, demonstrate a fast, high-fidelity, two-qubit entangling gate that preserves the error-correction advantages of D-Wave’s superconducting dual-rail qubit architecture. The paper, titled “An entangling gate for dual-rail…

ASTS Short Interest Falls Below 20% As BlueBird Satellite Launch Approaches

Anthony SinclairAugust 5, 202604 mins

AST SpaceMobile (ASTS) is drawing renewed retail investor attention ahead of its next BlueBird satellite launch scheduled for Wednesday at Cape Canaveral. Short interest in the stock has dropped to approximately 19.9% of the public float, falling below the 20% threshold for the first time since June. According to Koyfin data, more than 59.3 million…

Eli Lilly (LLY) Raises Full-Year Revenue Forecast After Q2 Sales Surge 48% On GLP-1 Demand

Thomas ShelterAugust 5, 202604 mins

Eli Lilly and Co. (LLY) shares climbed in premarket trading after the pharmaceutical giant reported a stunning 48% jump in second-quarter revenue, driven by surging demand for its blockbuster weight-loss and diabetes treatments. The company posted adjusted earnings of $8.38 per share, up from $6.31 a share in the same period a year earlier, handily…

Private Sector Job Growth Stumbles In July As ADP Reports Just 44,000 New Hires

Anthony SinclairAugust 5, 202604 mins

Private companies added only 44,000 jobs in July, falling well short of market expectations and marking a sharp slowdown from the prior month. The figure came in below the Dow Jones consensus forecast of 75,000 and represented a significant drop from the downwardly revised 95,000 jobs added in June. Payrolls processing firm ADP released the…

Europe’s Historic Drought Forces Underwater Explosions As Rhine And Danube Hit Record Lows

Thomas ShelterAugust 5, 202606 mins

Europe’s crippling summer drought has grown severe enough to threaten economic growth across the continent, pushing governments into extraordinary and unprecedented measures. Romania recently shut down its sole working nuclear reactor cooled by the Danube River for the first time, a dramatic step that underscores the scale of the crisis. Bucharest even deployed naval forces…

Nasdaq And S&P 500 Futures Climb As Hormuz Deal Hopes Lift Sentiment And ADP Jobs Data Looms

Anthony SinclairAugust 5, 202605 mins

U.S. stock futures edged higher early Wednesday following a record-setting close on Wall Street, driven by optimism over a potential diplomatic breakthrough involving the Strait of Hormuz. Reports indicating that U.S. officials believe an agreement with Iran could be close pushed both Brent crude and WTI crude prices lower overnight, easing energy market concerns. As…

Nasdaq And S&P 500 Futures Climb As Hormuz Deal Optimism Lifts Markets And Key Data Looms

Thomas ShelterAugust 5, 202604 mins

U.S. stock futures edged higher Wednesday morning as reports of a potential diplomatic breakthrough over the Strait of Hormuz lifted investor sentiment broadly. As of 4:00 a.m. ET, Nasdaq futures were up 0.1%, while S&P 500 (SPY) and Russell 2000 futures gained 0.4% and Dow futures rose 0.2%. Economist Ed Yardeni said his year-end S&P…

Lockheed Martin (LMT) And Northrop Grumman (NOC) Partner To Accelerate U.S. Weapons Stockpile Rebuilding

Anthony SinclairAugust 5, 202603 mins

The Department of Defense has selected Lockheed Martin and Northrop Grumman to help accelerate production of key missile defense systems across the country. The Pentagon’s decision reflects growing urgency to replenish weapon stockpiles that have been drawn down significantly amid ongoing global security commitments and military aid programs. Lockheed Martin (LMT), one of the world’s…

Remarrying At 67 Could Cost Your Partner Her SSI And Divorced Spouse Benefits

Thomas ShelterAugust 5, 202603 mins

Getting married later in life can carry significant financial consequences, particularly for those relying on government benefit programs tied to marital status. Two specific programs are at stake for a 67-year-old considering remarriage: Supplemental Security Income and divorced spouse Social Security benefits. Supplemental Security Income, commonly known as SSI, is a federal program administered by…

McDonald’s (MCD) Struggles With Overcomplicated Value Meal Strategy As U.S. Sales Growth Slows

Anthony SinclairAugust 5, 202604 mins

McDonald’s (MCD) is acknowledging that its recent value meal push created more confusion than customers among bargain-hungry diners across the United States. Company executives admitted the chain rolled out too many overlapping offers, including a $3-and-under menu and $5 bundled meal deals, muddling its overall message. The competing promotions left customers and franchise operators uncertain…