US Politics & Business News
D-Wave Quantum Inc. (NASDAQ: QBTS) has appointed seasoned technology finance executive Kevan P. Krysler to its Board of Directors and Audit Committee, effective immediately. The company, which describes itself as the only dual-platform quantum computing provider offering both annealing and gate-model systems, announced the move on August 17, 2026. Krysler currently serves as chief financial…
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…
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…
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…
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,…
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…
Grocery Outlet Holding Corp (GO) reported net sales of $1.19 billion for the quarter ended July 4, 2026, representing a 1% year-over-year increase. Comparable-store sales declined 0.3%, which was an improvement of 70 basis points from the first quarter and better than the company’s projected 1.5% to 2% decline. Chief Financial Officer Ian Ferry noted…
Quantum Computing Inc. (QUBT), also known as QCi, continues to hold a well-capitalized balance sheet despite aggressive acquisition activity in the first half of 2026. The company closed the second quarter of 2026 with total assets of approximately $1.64 billion, essentially unchanged from the first quarter of the year. That stability signals that QCi’s overall…
On August 3, the Pentagon signed a deal worth more than $3 billion with Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) to accelerate Patriot and THAAD interceptor missile parts production. The agreement arrives as the conflict in Iran intensifies and the Ukraine war continues, placing significant strain on existing weapons stockpiles across the…
Quantum computing companies including IonQ (IONQ) and Quantinuum have wrapped up their latest earnings season, revealing a sector that continues to build momentum despite persistent challenges. The results broadly showed that commercial traction across the quantum computing industry is growing, even as investors weigh near-term profitability concerns against long-term potential. IonQ (IONQ) shares moved higher…