Core Insights - Brian Gilmartin founded Trinity Asset Management in May 1995, focusing on providing personalized investment services to individual investors and institutions that were underserved by larger firms [1] - Gilmartin has a background in fixed-income and credit analysis, having worked at a Chicago broker-dealer and Stein Roe & Farnham before establishing his own firm [1] - He holds a BSBA in Finance from Xavier University and an MBA in Finance from Loyola University, along with a CFA designation awarded in 1994 [1] - Gilmartin has contributed to various financial publications, including TheStreet.com and Wall Street Journal, enhancing his visibility in the investment community [1]

Core Insights - The study commissioned by IBM indicates that sports fans are increasingly engaging with dynamic digital content, with AI, personalization, and real-time features being central to their experiences [1][2] Group 1: AI and Technology in Sports Engagement - 85% of surveyed fans see value in integrating AI into their sports experience, with 63% expressing trust in AI-generated content [2] - Real-time game updates (35%) and personalized content (30%) are identified as top priorities for AI-enhanced engagement [2] - 80% of fans believe AI will significantly influence how they follow sports by 2027 [4] Group 2: Consumption Habits and Preferences - 90% of fans consume sports content beyond just watching events, with younger fans leading this trend [9] - 73% of surveyed fans use dedicated mobile sports apps to stay updated, with 82% of in-person event attendees using apps during events [3][9] - 35% of fans plan to watch more live content in the next two years, and 29% expect to attend more events in person [7] Group 3: Community and Interaction - Interest in community-driven experiences is rising, with the share of fans ranking community engagement as a top priority increasing from 9% in 2024 to 11% in 2025 [14] - 21% of respondents identify community-building and fan interaction as important areas for AI-driven improvements in sports engagement [14] Group 4: Content Consumption Trends - Fans are turning to video highlights (51%), post-event recaps (37%), and player interviews (32%) to stay connected to their favorite sports [3] - 74% of fans following sports influencers value storytelling in their sports experience, particularly among those aged 18-44 [9]

Core Insights - IBM and the USTA have launched AI-powered digital experiences for the 2025 US Open, aimed at enhancing fan engagement and providing customized coverage [1][5][6] Group 1: AI-Powered Features - The new features include Match Chat, an interactive AI assistant that answers fan questions during and after all 254 singles matches [1][7] - Enhanced IBM SlamTracker will provide live Likelihood to Win probabilities for every singles match, updating in near real-time based on AI analysis [3][7] - Key Points feature will summarize articles and match analysis into three-bullet recaps, catering to fans seeking quick insights [4][7] Group 2: Market Demand and Survey Insights - A global survey by Morning Consult, commissioned by IBM, revealed that 86% of tennis fans see value in AI-powered features, emphasizing the demand for real-time insights and personalized highlights [5][6] - The collaboration between IBM and the USTA reflects a strategic approach to meet evolving fan engagement and content consumption habits [6][8] Group 3: Technological Collaboration - IBM and the USTA have developed a long-term technology roadmap to enhance digital experiences, focusing on hybrid cloud and AI capabilities [6][8] - The partnership aims to improve the reliability, scalability, and efficiency of digital platforms, enriching the overall fan experience [8]

Stock Recommendations - Uber is near its all-time high and is expected to reach $100 [1] - IBM is 20% off its recent highs and trades at a reasonable 21 times earnings [1] - Alexandria Real Estate is showing signs of bottoming, offering a 7% yield [1] - CarMax trades at 14 times earnings with a 75% free cash flow yield and an anticipated 20% earnings growth [2] Industry Focus - Life Sciences Real Estate is starting to bottom [2] - Tariffs may benefit certain companies [2]

Core Viewpoint - The report provides an in-depth analysis of the current state and future prospects of the quantum computing industry in China, highlighting significant developments, key players, and market trends. Group 1: Overview of Quantum Computing Industry - Quantum computing is defined as a computational model utilizing the fundamental properties of quantum mechanics, which significantly differs from classical computing in terms of information storage, computational power, entanglement characteristics, and computation methods [7]. - The technology framework of quantum computing consists of three main pillars: hardware, software, and algorithms, with cloud platforms serving as an integration point for user services [11]. Group 2: Global and Chinese Market Development - The global quantum computing market is rapidly expanding, with the market size projected to grow from $5 billion in 2021 to $50 billion by 2024, accounting for 63% of the total quantum information industry [16]. - North America leads the global quantum computing market, followed closely by Europe and China, with market shares of 29.8%, 28.8%, and 25.2% respectively by 2024 [18]. Group 3: Key Players in the Industry - Major companies involved in quantum computing include Google, IBM, and domestic players such as Tencent, Huawei, and China Electronics Technology Group, with significant advancements in quantum computer prototypes [1]. - Notable developments include the "Jiuzhang" quantum computing prototype in China, which achieved rapid solutions for Gaussian boson sampling tasks [1]. Group 4: Industry Trends and Policies - The quantum computing industry is entering a phase of technological breakthroughs, with significant investments and supportive policies from governments, particularly in the U.S. and Canada, aimed at maintaining global leadership in quantum technology [20][21]. - In Europe, various countries are implementing favorable policies to support quantum computing development, with Germany and the EU investing heavily in quantum technology initiatives [27][28].

Core Viewpoint - The report provides a comprehensive analysis of the current state and future prospects of the quantum computing industry in China, highlighting significant developments, key players, and market trends in both global and Chinese contexts [1]. Group 1: Overview of Quantum Computing Industry - Quantum computing is defined as a computational model utilizing the fundamental properties of quantum mechanics, which significantly differs from classical computing in terms of information storage, computational capability, entanglement characteristics, and computation methods [8][10]. - The technology framework of quantum computing consists of three main pillars: hardware, software, and algorithms, with cloud platforms serving as integration points for user services [11]. Group 2: Global Quantum Computing Development - The global quantum computing industry is entering a phase of technological breakthroughs, with significant milestones achieved by companies like Google, IBM, and D-Wave, as well as notable advancements from Chinese entities [17]. - The global quantum computing market is rapidly expanding, with the market size projected to grow from $0.7 billion in 2021 to $5 billion by 2024, accounting for 63% of the total quantum information industry [18]. Group 3: Market Size and Distribution - North America leads the global quantum computing market, followed closely by Europe and China, with projected market shares in 2024 of 29.8%, 28.8%, and 25.2% respectively [21]. - The North American quantum computing market is expected to reach $1.5 billion in 2024, with a growth rate of 6.4% compared to the previous year [27]. Group 4: Key Players in the Industry - Major companies involved in quantum computing include Tencent, Huawei, and China Electronics Technology Group, with significant advancements reported by domestic firms such as Origin Quantum and Huayi Quantum [1]. - The report highlights the progress of various quantum computing prototypes, such as Huayi Quantum's HYQ - A37 and HYQ - B100, which demonstrate outstanding performance in multiple metrics [1]. Group 5: Policy and Support - The U.S. has implemented numerous policies to support quantum computing development, including the National Quantum Initiative Act, which authorized funding increases for quantum research [24][25]. - Canada has also launched a National Quantum Strategy, focusing on investment and commercialization to enhance its competitive edge in quantum technology [26].

Group 1 - The share price of International Business Machines Corporation (IBM) has decreased by 16.8% since the announcement of its 2Q2025 results on July 22nd, despite the company beating EPS expectations with a reported EPS of $2.80, which is $0.15 above consensus [1] - IBM exceeded total revenue expectations in the same quarter, indicating strong operational performance [1]

Core Insights - The Supply Chain Security Market is projected to grow from USD 2.52 Billion in 2024 to USD 5.14 Billion by 2030, reflecting a compound annual growth rate (CAGR) of 12.6% during the forecast period [1]. Market Dynamics - **Drivers**: The market is driven by the integration of innovative technologies such as blockchain, AI-powered analytics, and IoT-enabled devices, which enhance supply chain security through real-time tracking and risk management [3][4]. - **Restraints**: Challenges include budgetary constraints among small and emerging start-ups, a shortage of skilled professionals, and increasing cybersecurity threats [4]. - **Opportunities**: The rapid growth in the eCommerce sector and advancements in risk prediction and management present significant opportunities for market expansion [4]. Key Players - Major players in the supply chain security market include IBM, Emerson, Oracle, NXP Semiconductors, Testo, Orbcomm, Sensitech, Elpro, Rotronic, and Berlinger & CO. [4]. Application Areas - The Healthcare and Pharmaceuticals sector is expected to dominate the market due to the critical need for transparency, safety, and regulatory compliance, driven by concerns over counterfeit drugs and strict regulations [6]. - Technologies like blockchain and AI are essential for ensuring product authenticity and operational efficiency in this sector [6]. Security Types - The services segment is anticipated to experience the highest CAGR during the forecast period, as organizations increasingly seek specialized services to address evolving security threats [7]. - Managed services, consulting, and integration are becoming essential for ensuring seamless protection in complex and globalized supply chains [8].

International Business Machines Today IBM International Business Machines $236.15 -6.12 (-2.53%) ▼ $296.16 Dividend Yield 2.85% 52-Week Range $189.00 P/E Ratio 38.34 Price Target $268.75 Add to Watchlist Tech giant International Business Machines Corp NYSE: IBM is back on our radars after a bruising few weeks. Having traded as high as $295 earlier this summer, shares are now hovering just above the $250 level. That marks about a 15% drop from July's peak and effectively wipes out a good chunk of the hard-wo ...

Core Insights - The quantum computing revolution is expected to deliver transformative returns for companies involved in this technology [1] - Despite high growth potential, monetization opportunities in quantum computing are currently limited, making it prudent for investors to focus on companies already generating revenue and profits [3] Company Summaries Nvidia - Nvidia is a leader in accelerated computing and plays a critical role in building global AI infrastructure, generating significant cash flows to invest in quantum computing [4] - The company launched Nvidia DGX Quantum, the first GPU-accelerated quantum computing system, providing essential software and hardware infrastructure for quantum developers [5] - Nvidia has formed partnerships with several companies to enhance quantum hardware collaboration, and it generated $60.8 billion in free cash flow in fiscal 2025, with a revenue increase of 69% year over year to $44.1 billion [6][7] - Trading at nearly 36 times forward earnings, Nvidia's stock is positioned for growth as it provides essential tools for quantum companies [8] International Business Machines (IBM) - IBM has transformed from a legacy technology company to a major player in enterprise AI and has been investing in quantum computing since the 1980s, with tangible results emerging in recent years [9] - The launch of the 127-qubit Eagle processor and the Quantum System Two in Japan are significant milestones, with cumulative revenue of around $1 billion from quantum initiatives since 2017 [10] - IBM's core business is profitable, with a generative AI book of business worth $7.5 billion and free cash flow guidance of over $13.5 billion for 2025, providing financial flexibility for quantum investments [11] - Quantum technology represents a growing portion of IBM's business and could be a significant growth catalyst in the long run [12] Microsoft - Microsoft is a leader in quantum computing, with recent breakthroughs including the creation of advanced quantum bits and the unveiling of the Majorana 1 quantum processor [13] - The Azure Quantum service offers cloud-based quantum computing capabilities, allowing clients to access quantum hardware and software, with plans to ship commercial quantum computers in 2025 [14] - Microsoft integrates quantum computing with AI, launching the Quantum Ready program to prepare businesses for quantum transformation, and its Azure cloud business generated over $75 billion in revenue in fiscal 2025 [15][16]