Ethan Miller/Getty Images News The quantum computing ( QTUM ) sector reached a significant milestone Thursday with Quantinuum’s ( QNT ) initial public offering, marking what analysts are calling a turning point for an industry previously dominated by SPAC transactions. Antoine Legault, analyst at Wedbush Securities, characterized the IPO as “a marquee public listing for the space,” positioning Qua...
Ethan Miller/Getty Images News The quantum computing ( QTUM ) sector reached a significant milestone Thursday with Quantinuum’s ( QNT ) initial public offering, marking what analysts are calling a turning point for an industry previously dominated by SPAC transactions. Antoine Legault, analyst at Wedbush Securities, characterized the IPO as “a marquee public listing for the space,” positioning Quantinuum ( QNT ) as an “institutional grade premier quantum asset” that brings added credibility to the quantum computing industry. The sector’s current market capitalization sits at about $75B, including Quantinuum’s ( QNT ) market debut . However, Legault expects substantial growth ahead, projecting the industry could reach “multiple hundreds of billions in market capitalization, if not over $1T” within the next five to ten years, he told CNBC in an interview. While Quantinuum’s ( QNT ) current revenue remains modest—in the “few tens of millions of dollars” for 2025—Legault emphasized that valuations in quantum computing reflect long-term potential rather than near-term fundamentals. “Much like the sort of mind-bending physics that underlie these computing systems, the valuations in quantum computing tends to be a bit mind bending as well,” he noted. The analyst identified 2028 through 2030 as critical years for the industry, coinciding with when quantum advantage is expected to arrive and commercial adoption accelerates. More on Quantinuum Inc., Defiance Quantum ETF, etc. Wall Street Lunch: Quantinuum Soars 12% On Nasdaq Debut Following $1.7B IPO Quantinuum IPO: Not Falling For The Hype Quantinuum: Is This IPO Poised To Make A Quantum Leap? Quantinuum leaps in IPO debut as quantum era approaches SEALSQ is the most undervalued quantum stock ahead of Quantinuum listing
LS Power LLC is in advanced talks to buy Electricite de France SA ’s North American renewable power business amid rising energy demand to supply data centers, according to people familiar with the matter. LS Power is discussing paying more than €4 billion ($4.7 billion) for the unit, one of the people said, asking not to be identified discussing confidential information. A deal may be announced in...
LS Power LLC is in advanced talks to buy Electricite de France SA ’s North American renewable power business amid rising energy demand to supply data centers, according to people familiar with the matter. LS Power is discussing paying more than €4 billion ($4.7 billion) for the unit, one of the people said, asking not to be identified discussing confidential information. A deal may be announced in the coming days or next week, the people said. Talks may drag on for longer and could still fall apart, they added. A spokeswoman for EDF said the company can’t comment on an ongoing process, while a representative for LS Power declined to comment. The EDF unit for sale had 6.1 gigawatts of solar and wind in operations in the US, Canada and Mexico at the end of last year, and a further 19.2 gigawatts under development. A deal would further reshape the portfolio of closely held LS Power, which recently sold some of its gas-fired power plants to NRG Energy Inc. for about $13 billion in cash and NRG stock, while it acquired some renewable assets from Algonquin Power & Utilities Corp . The New York-based company also agreed this year to buy some electric-generation assets from Constellation Energy Corp. for about $5 billion, and purchased some onshore wind assets from BP Plc for an undisclosed amount. Deal activity has picked up in the US power industry as demand surges for electricity. Manufacturers, homes and especially data centers are all clamoring for more power, which is driving up prices. The tech industry continues to chase ambitious plans to add computing capacity across the US with the biggest Silicon Valley companies forecasting more than $700 billion of capital spending this year alone. Meantime, the French state-owned utility is raising funds to help finance the construction of nuclear reactors in France and the UK to replace part of its aging atomic plants. That investment—costing tens of billions of euros over the next two decades—coincides with falling French p...
Policy agreement means trans people will continue to have access to Kenwood Ladies’ and Highgate Men’s ponds in north-west London The bathing ponds at Hampstead Heath in north-west London will remain trans-inclusive after a public consultation overwhelmingly favoured its existing rules. There are gender-segregated ponds for men and women, with trans people able to swim in whichever they feel most ...
Policy agreement means trans people will continue to have access to Kenwood Ladies’ and Highgate Men’s ponds in north-west London The bathing ponds at Hampstead Heath in north-west London will remain trans-inclusive after a public consultation overwhelmingly favoured its existing rules. There are gender-segregated ponds for men and women, with trans people able to swim in whichever they feel most appropriate, or use the heath’s mixed-gender pond instead. Continue reading...
A rarely seen move in the NYSE Tick Index is raising questions about market momentum as investors prepare for a wave of new stock supply, including the highly anticipated SpaceX IPO.
A rarely seen move in the NYSE Tick Index is raising questions about market momentum as investors prepare for a wave of new stock supply, including the highly anticipated SpaceX IPO.
Live cattle futures are in rally mode on Thursday, with bulls active across most contracts, up $2.80 to $5.02 Cash trade started this week at $255, with more action at $256 later in the week. The Thursday Fed Cattle Exchange showed sales of $256.50 on 284 of the 1,116 head...
Live cattle futures are in rally mode on Thursday, with bulls active across most contracts, up $2.80 to $5.02 Cash trade started this week at $255, with more action at $256 later in the week. The Thursday Fed Cattle Exchange showed sales of $256.50 on 284 of the 1,116 head...
The wheat complex is extending the losses on Thursday, with the three exchanges falling at midday. Chicago SRW futures are 6 to 7 cents lower on Thursday. KC HRW futures are down 4 to 5 cents so far on the day. MPLS spring wheat is 4 to 7 cents in...
The wheat complex is extending the losses on Thursday, with the three exchanges falling at midday. Chicago SRW futures are 6 to 7 cents lower on Thursday. KC HRW futures are down 4 to 5 cents so far on the day. MPLS spring wheat is 4 to 7 cents in...
Cotton futures are trading with contracts 185 to 199 point losses on Thursday. The US dollar index is down $0.160 at $99.345. Crude Oil is back down $3.73 lower to $92.29. USDA’s Export Sales report from Thursday morning showed 185,268 RB of cotton sold for 2025/26 in the week of...
Cotton futures are trading with contracts 185 to 199 point losses on Thursday. The US dollar index is down $0.160 at $99.345. Crude Oil is back down $3.73 lower to $92.29. USDA’s Export Sales report from Thursday morning showed 185,268 RB of cotton sold for 2025/26 in the week of...
Corn futures are ramping up their death spiral liquidation from the last few weeks, with contracts down another 8 to 9 cents at midday. The CmdtyView national average Cash Corn price was is 8 3/4 cents at $3.88 ¼. USDA reported a private export sale of 115,000 MT of corn...
Corn futures are ramping up their death spiral liquidation from the last few weeks, with contracts down another 8 to 9 cents at midday. The CmdtyView national average Cash Corn price was is 8 3/4 cents at $3.88 ¼. USDA reported a private export sale of 115,000 MT of corn...
Bloomberg Economics chief US economist Anna Wong joins Katie Greifeld on "Bloomberg Real Yield." The team expects the May payrolls report to show a solid increase, suggesting the hot March and April reports reflected underlying momentum rather than just a rebound from earlier weakness. (Source: Bloomberg)
Bloomberg Economics chief US economist Anna Wong joins Katie Greifeld on "Bloomberg Real Yield." The team expects the May payrolls report to show a solid increase, suggesting the hot March and April reports reflected underlying momentum rather than just a rebound from earlier weakness. (Source: Bloomberg)
In trading on Thursday, shares of Truist Financial Corp's 4.75% Dep Shares Series R Non-Cumulative Preferred Stock (Symbol: TFC.PRR) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.1875), with shares changing hands as low as $18.20 on the day.
In trading on Thursday, shares of Truist Financial Corp's 4.75% Dep Shares Series R Non-Cumulative Preferred Stock (Symbol: TFC.PRR) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.1875), with shares changing hands as low as $18.20 on the day.
Bloomberg's Shruti Singh joins Katie Greifeld on "Bloomberg Real Yield." Illinois legislators early Monday morning passed a nearly $56 billion budget for the fiscal year starting July 1, aiming to ease higher health-care and housing costs while bracing for potential federal funding cuts. (Source: Bloomberg)
Bloomberg's Shruti Singh joins Katie Greifeld on "Bloomberg Real Yield." Illinois legislators early Monday morning passed a nearly $56 billion budget for the fiscal year starting July 1, aiming to ease higher health-care and housing costs while bracing for potential federal funding cuts. (Source: Bloomberg)
Two wingers and a right-back are priorities but the Basque’s flair for getting the best out of squad players will be crucial Richard Hughes and Michael Edwards have acted with decisiveness and a clear sense of what Liverpool’s difficult situation demanded in switching head coaches within six days, although the appointment of Andoni Iraola removes just one layer of uncertainty from Anfield. Several...
Two wingers and a right-back are priorities but the Basque’s flair for getting the best out of squad players will be crucial Richard Hughes and Michael Edwards have acted with decisiveness and a clear sense of what Liverpool’s difficult situation demanded in switching head coaches within six days, although the appointment of Andoni Iraola removes just one layer of uncertainty from Anfield. Several others remain, including their roles in leading Liverpool’s recovery alongside Arne Slot’s successor. With supporters turning against Slot’s football and more players liking Mohamed Salah’s critical social media post than wishing the Dutchman well following his sacking, Liverpool could not allow disillusionment to fester and needed to move fast. Sporting director Hughes and Edwards, chief executive of football for the club’s owner Fenway Sports Group, have delivered. Continue reading...
Google and Intersect Power are partnering on a new Texas data center and energy hub designed to support growing demand for AI, cloud computing and digital services.
Google and Intersect Power are partnering on a new Texas data center and energy hub designed to support growing demand for AI, cloud computing and digital services.
Sonali Pier, portfolio manager: multi-sector credit at PIMCO, and Meghan Robson, head of US credit strategy at BNP Paribas, join Katie Greifeld on "Bloomberg Real Yield." US investment-grade bond sales reached $1 trillion sooner than in any year since 2020 as historically low spreads and a spending surge on artificial intelligence fuel borrowing by blue-chip companies. (Source: Bloomberg)
Sonali Pier, portfolio manager: multi-sector credit at PIMCO, and Meghan Robson, head of US credit strategy at BNP Paribas, join Katie Greifeld on "Bloomberg Real Yield." US investment-grade bond sales reached $1 trillion sooner than in any year since 2020 as historically low spreads and a spending surge on artificial intelligence fuel borrowing by blue-chip companies. (Source: Bloomberg)