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Honeywell’s Quantinuum valued at $17.6 billion as shares rise in Nasdaq debut Source link
Quantinuum opened trading at $68 per share on the Nasdaq on Thursday, after upsizing its initial offering.The company raised $1.68 billion in an upsized IPO after it priced at $60 per share, above its earlier range of $53 to $55 per share. At the first trade price, Quantinuum has a market cap of about $17.6 billion.The firm was founded in 2021 out of a merger of Honeywell’s quantum computing division and UK-based Cambridge Quantum. The company describes itself as a “full-stack quantum computing platform,” spanning both hardware and software.In its S-1 filing, which came out last month, Quantinuum said its…
The party received £7m from two overseas British crypto billionaires earlier this year, figures show Source link
A flesh-eating parasite known as New World screwworm has been found in livestock in Texas, and traders are buzzing over potential winners in the stock market.Shares of Zoetis and Elanco Animal Health popped in Thursday’s trading, and typically dormant options markets on the stocks woke up with a heavy bullish bias. Zoetis was last higher by nearly 4%, and Elanco was up 2% in midday trading.Stock Chart IconStock chart iconZoetis shares in the past five trading daysIn particular, Zoetis saw volumes surge. The company last year received conditional approval from the U.S. Food and Drug Administration for an injectable product…
Over recent weeks, Parker Taylor reached a grim milestone in his work history.The 29-year-old had been employed consistently since he was a teen, first on a factory floor and most recently in medical sales. But the St. Petersburg, Florida, resident hasn’t been able to start a new gig after losing his job shortly before the 2025 Thanksgiving holiday.Taylor has become part of a group of more than 1.8 million Americans classified as long-term unemployed — which the government defines as jobless for at least 27 weeks — in a given month this year. That figure is up about 45% from…
Starmer calls for Elon Musk to stop interfering in UK politics Source link
“Over the life of the mission, MAVEN supported more than 8 percent of all of our relay sessions planned by our rovers and landers, but it accounted for nearly 18 percent of all of the data returned, illustrating its usefulness when returning large data volumes,” said Tiffany Morgan, director of NASA’s Mars Exploration Program. The network still has plenty of capacity to support the Perseverance and Curiosity rovers, with some minor caveats. “We do have remaining assets, and those assets have adjusted the amount of data that they return, and the rovers have also adjusted their planning for how they…
The Barack and Michelle Obama statue outside The Obama Presidential Center in the Hyde Park neighborhood in Chicago, Illinois, May 29, 2026.Joshua Lott | The Washington Post | Getty ImagesFor the first time, the public is getting a look inside the long-awaited Obama Presidential Center ahead of its Juneteenth opening on Chicago’s South Side. The sprawling, 19.3-acre, $850 million campus blends museum exhibits chronicling former President Barack Obama’s political rise and presidency with contemporary art, public gathering spaces, athletic facilities and a branch of the Chicago Public Library. The center is also poised to redefine the scale of the modern…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldEuropean allies are seeking clarifications from Washington over plans to remove key military assets from Nato’s rapid response force, raising concerns about the alliance’s ability to deter and tackle Russian aggression.The US has in recent weeks presented allies with detailed proposals to reduce the military capabilities it assigns to the Nato Force Model, the alliance’s pool of forces and equipment that can be deployed within 10 days to respond to a crisis, according to people familiar with the discussions.German newspaper…
As athletes and millions of fans gear up for the FIFA World Cup starting next week, global health officials are preparing for a high-stakes challenge of their own: protecting against infectious diseases.For the first time, the tournament will span 16 host cities across three countries — the United States, Canada and Mexico — and feature 48 teams, making it the largest World Cup in history. The event also comes amid an Ebola outbreak in Congo and Uganda that the World Health Organization has designated a “public health emergency of international concern.” Despite those worries, the risk of widespread Ebola transmission during…