Tag: history

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Microsoft Touts New Quantum Chip as Game-Changer for Quantum Computing

A new quantum computing chip, Majorana 1, is supposed to make quantum computers useful in years, not decades. Microsoft says its new chip uses a new type of material that takes advantage of a new state of matter.

AheadComputing Raises $21.5 Million in Seed Funding to Build Chips Based on RISC-V Architecture

AheadComputing raises $21.5 million in seed funding to develop CPU technology based on RISC-V architecture for artificial intelligence.

Currency impact of Ukraine-Russia deal seen 'net positive', but much already priced in: JPMorgan

A peace deal between Ukraine and Russia would benefit the currencies of nearby emerging economies, but much of this boost may already be factored in. JPMorgan maintains a neutral stance on Ukraine's government bonds until details of a peace deal are clearer.

Bausch and Lomb CEO Brent Saunders: No Plans for Sale in 2025

Bausch + Lomb CEO Brent Saunders says a deal for the company is unlikely in 2025 due to their ambitious plans for the future. Despite exploring going private, no agreement was reached. Bausch + Lomb's recent growth in contact lenses and dry eye relief products suggests a higher valuation may be possible later this year.

Ackman to Buy 10 Million Shares of Howard Hughes, Take Control of Company

Pershing Square offers to buy $900M stake in Howard Hughes, Ackman to become CEO

Elon Musk's Social Security Commission: A Case for Genuine Reform

Elon Musk's efficiency commission has targeted Social Security, sparking concerns about the program's funding and benefit payments. However, reforms are needed to address the funding shortfall as benefit payments outpace tax revenue. Options include raising taxes, cutting benefits, or a combination of both. While Musk's commission may identify waste and abuse, the main issue is the imbalance between a declining workforce and a growing retiree population. Resolving this requires raising taxes or cutting benefits, or both.

Trump Tariffs to Start at 25% on Cars, Drug and Chip Sectors

President Trump will levy 25% tariffs on automobiles starting April 2, and pharmaceutical and semiconductor chips will also likely be subject to 25% tariffs in April

Cat Bonds ETF to Debut on NYSE, Offering Diversified Exposure to Disaster Risks

Cat bonds, known for outperforming high-yield debt, are becoming accessible to more investors through an exchange-traded fund launching on the NYSE. This fund aims to lower entry barriers and offer uncorrelated income and market resilience.

Asia Stocks Set to Track Europe Gains; BHP Profit Slumps 23%

Asian stocks set to rise following gains in Europe, driven by defense spending optimism and rising bond yields.

Flowserve Q4 Earnings: Revenue and EPS Consensus Forecasts

Flowserve Q4 earnings report preview: revenue growth expectations, EPS and operating income estimates, analyst ratings, peer performance, inflation impact, and market performance.