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Quantum Computing
The two firms signed a non-binding memorandum to move quantum applications from testing to commercial use. They plan to target sectors like manufacturing and finance in South Korea and abroad.
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Quantum Computing
The companies will use quantum computing to study high-temperature superconductivity, aiming to develop smaller and more efficient electrical grid components.
Quantum Computing
Intel announced it will acquire Classiq to integrate software with its hardware, with the deal expected to close in the first half of 2027. The move aims to accelerate the development of commercially viable quantum computing systems.
Quantum Computing
Intel has agreed to purchase Classiq, an Israeli software company, as part of its strategy to expand into the quantum computing sector.
Amazon
Amazon is eliminating up to 250 positions in its devices and services unit to boost efficiency. This follows the removal of about 1,000 retail jobs earlier this month, ahead of the company's Q3 earnings release.
Robinhood
Bernstein reiterated its Outperform rating on Robinhood, setting a $160 price target that implies roughly 69 percent upside. Analyst Gautam Chhugani cited growth in prediction markets and crypto infrastructure as key drivers for the next 12 to 18 months.
Musk Acquisition
Paradigm analysts view Viacom as having high potential for acquisition by Elon Musk, citing ongoing spectrum speculation.
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