Author: franperez66q@protonmail.com
Here are the companies making headlines in midday trading. Quantum computing stocks – A slate of quantum computing plays slid Wednesday as investors cashed out after shares rallied in the prior session. Rigetti Computing lost 10%, D-Wave Quantum fell 7%, and IonQ fell 4%. IBM , which recently announced plans to invest more than $10 billion toward quantum computing, lost more than 7% and weighed on the Dow Industrials. GameStop — Shares of the brick-and-mortar video games retailer gained 6%. GameStop reported first-quarter revenue of $835.3 million, reflecting a 14% gain from a year earlier. The company’s board also approved…
Applied Aerospace & Defense valued at $3.5 billion as shares rise in NYSE debut Source link
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks fell on Wednesday as crude oil climbed back above $95 a barrel following renewed airstrikes between the U.S. and Iran. “Every time oil spikes, interest rates go up, and we have a bad market,” Jim said. Financials were the worst-performing sector, as higher bond yields pressured rate-sensitive stocks and revived concerns about private credit. Artificial intelligence and technology names also weighed on the broader market. Jim noted that if the S & P…
Scott Bessent, US treasury secretary, during a Senate Finance Committee hearing in Washington, DC, US, on Wednesday, June 3, 2026. Eric Lee | Bloomberg | Getty ImagesTreasury Secretary Scott Bessent said Wednesday that he is “performing the duties” of Internal Revenue Service commissioner, even as he insisted he is not the agency’s acting commissioner, during a heated Senate exchange over President Donald Trump settlement with the IRS.Bessent, who had been the acting IRS commissioner since August, took over the commissioner duties in a little-noticed move two and a half months ago, the agency said in a post on its website…
Homes in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty ImagesMore frustrated home sellers were giving up, right in the midst of the all-important spring market, according to new data.Nationwide, 5.8% of all home listings were pulled off the market in April, according to Redfin, a real estate brokerage. That ties with December for the highest share of homes delisted since March 2020, when the pandemic hit and the housing market froze. Delistings in April were up 3.8% compared with March. The increase comes as higher mortgage rates, elevated gas prices and weaker…
Canada backs off streaming spending rule Source link
In April, we got a short teaser for the third season of Silo, the critically acclaimed Apple TV series based on the trilogy by novelist Hugh Howey, which hinted at a mysterious origin story dating back centuries. Apple TV just released the full trailer, and it looks like our heroine is again facing conflict and danger because she just keeps asking so many inconvenient questions. As previously reported, Silo is set in a self-sustaining underground city inhabited by a community whose recorded history dates back only 140 years. The outside is a toxic hellscape that is only visible on big…
Matt Chorley says he “misremembered” a quote by the Reform leader, which was “a mistake on my part”. Source link
A view of a Bitcoin ATM at Northgate Mall on Feb. 5, 2026 in San Rafael, California. Justin Sullivan | Getty ImagesBitcoin prices fell to their lowest levels since early April on Tuesday after a decline spurred by crypto treasury company Strategy selling a small amount of its bitcoin holding intensified. Traders on prediction market platform Kalshi think the cryptocurrency has more room to fall in its current “crypto winter.”There’s a nearly 80% chance that the flagship crypto’s price will fall below $60,000 in 2026. That would mean bitcoin hitting a new low, tumbling below February’s levels. Early that month, bitcoin dropped…
CBS News has fired high-profile “60 Minutes” correspondent Scott Pelley amid debate about the direction of the show, which has been a mainstay of the network’s television lineup for decades.”Your employment with CBS News is terminated for cause effective immediately,” Nick Bilton, the new executive producer of “60 Minutes,” wrote to Pelley in a letter seen by CNBC. It was not immediately clear when the letter was sent.Pelley had previously said that Bari Weiss, the editor-in-chief of CBS News, was “murdering” “60 Minutes,” according to NBC News. In a statement obtained by MS Now, Pelley said the network is attempting…