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Last week, the US government announced $2 billion in investments in quantum computing companies, allocating $100 million each to a range of startups in exchange for equity in the companies. Those could be make-or-break investments for many companies that are likely years away from a product that could see widespread use. But a member of the US Congress is now arguing that those deals are illegal, as Congress did not allocate the money for this purpose—instead, it was meant to support public research in semiconductors. But the biggest chunk of money would go to a company that likely wouldn’t exist…
This week, I’m answering the second part of Sarah’s question:What are some reasons to only use a cash-back card, only use a points card or both?The answer to this question largely comes down to what you want more: simplicity or value. And if you’re looking for extra value, you can find it — especially if you plan to use your credit card rewards for travel.If you’re wondering what type of rewards make the most sense for you to earn, here’s how I think about this question.Cash-back credit cards vs. points credit cardsThe simplicity of cash back is valuableWith travel points…
Target India head says retailer weighing AI tool costs amid shift to usage-based pricing Source link
Vessels are seen anchored in the Strait of Hormuz, off the port city of Khasab on Oman’s northern Musandam Peninsula on May 17, 2026. – | Afp | Getty ImagesIran and the United States played down hopes for an imminent breakthrough in the three-month-old war on Monday, with U.S. Secretary of State Marco Rubio saying there will either be a good agreement or Washington would deal with the country in “another way.”Rubio told reporters in New Delhi that the U.S. would give diplomacy every chance to succeed before exploring “alternatives”, after President Donald Trump said on Sunday he had told…
Kinnevik stock surges after naming Helena Saxon as new CEO Source link
Gold prices rose more than 1% on Monday, as optimism for a breakthrough in U.S.-Iran peace negotiations weakened the dollar and eased oil prices, which softened the inflation outlook.Spot gold was up 1.1% at $4,559.07 per ounce, as of 0736 GMT. U.S. gold futures for June delivery gained 0.8% to $4,559.80.While U.S. President Donald Trump has warned that he was in no hurry to finalize a deal with Iran, investors seem to rely more on his Saturday statement that Washington and Iran had “largely negotiated” a memorandum of understanding on a peace deal that would reopen the Strait of Hormuz.”Trump…
European stocks notched their highest levels since March 2 on Monday as hopes for a deal between the U.S. and Iran rose over the weekend. Shortly after the opening bell, the pan-European Stoxx 600 was over 0.6% higher, reaching levels not seen since the U.S. and Israel began a joint assault on the Islamic Republic over 2 months ago. France’s CAC 40 and Germany’s DAX each added 1.1%. Trading volumes are thinner as the U.K’s FTSE 100 is closed for a public holiday. Stocks in Europe are tracking their Asian counterparts higher after Japan’s Nikkei 225 breached 65,000 on Monday for the…
Delivery Hero shares surge to 18-month high as Uber eyes takeover Source link
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty ImagesLondon — Outsized returns for memory-related stocks have helped fuel substantial gains in U.S. and South Korean equity markets in recent years — but market watchers warn investors forget the market’s cyclicality at their own risk. The memory industry has been in a period of sustained growth since the launch of ChatGPT in December 2022, which triggered huge demand for high-bandwidth memory, or HBM.Samsung and SK Hynix are among the…