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24.06.26 - 10:06
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IBM targets Anderon venture to anchor quantum wafer supply (Digitimes)
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IBM is building a foundry to produce silicon wafers used in quantum-computing processors, seeking to become an indispensable part of the quantum economy under development. Called Anderon, the independent subsidiary is set to begin production this year, a decade after IBM began exploring applications of quantum computing....
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23.06.26 - 17:12
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SpaceX Slides Amid Tech Selloff; AMC Tumbles on Share Sale | Stock Movers (Bloomberg)
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On this episode of Stock Movers with Nathan Hager:
- SpaceX (SPCX) is heading towards its fourth day of losses, and is currently above its lowest trading price ($149.34 on its IPO) as it continues to approaching that figure.
- IBM (IBM) shares are climbing on news that the company and OpenAI are bringing AI to cyber defense.
- AMC Entertainment (AMC) shares are lower after the movie theater operator entered into a definitive agreement with institutional investors to sell 95.25 million shares of its common stock for gross proceeds of around $200 million. (Source: Bloomberg)...
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