Why Quantum Computing Inc. Stock Was Sliding Double Digits Today
Yahoo Finance· 2025-09-22 16:24
Group 1 - Quantum Computing Inc. (NASDAQ: QUBT) announced a follow-on offering to raise $500 million, leading to a 14.4% decline in stock price [1][4] - The company plans to sell 26,867,276 shares in a private placement that was oversubscribed, indicating strong demand for the new shares [3] - The funds will be used for commercialization efforts, strategic acquisitions, expanding sales and engineering personnel, working capital, and general corporate purposes [4] Group 2 - QCI ended the second quarter with $348.8 million in cash and is expected to be well-capitalized post-offering, despite generating less than $1 million in revenue this year [5] - The market capitalization of QCI stands at $3.2 billion, which raises questions about the stock's valuation given the high expectations [5] - Follow-on offerings can lead to skepticism among investors, but they are common for early-stage growth stocks [6]
Why Ethereum Is Down 6.8% Today
Yahoo Finance· 2025-09-22 16:24
Key Points The weekend liquidation event was triggered by last week's federal interest rate cuts, the first since December 2024. Despite Monday's drop, Ethereum is still up 88% over the past year and trading near all-time highs. Monday's price action will likely appear as a minor blip when viewed from next year, or even next week. 10 stocks we like better than Ethereum › The cryptocurrency Ethereum (CRYPTO: ETH) is down 6.4% in 24 hours as of this writing at 10:25 a.m. ET on Monday, Sept. 22. If ...
Invesco Strategic US ETF declares quarterly distribution of $0.2136
Seeking Alpha· 2025-09-22 16:23
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Palantir Has ‘Main Character Energy,' Analysts Say. That Doesn't Mean Stock Is a Buy.
Barrons· 2025-09-22 16:23
Core Viewpoint - Most analysts rate Palantir at Hold, but they commend the company's business model [1] Company Analysis - Analysts recognize the strength of Palantir's business model despite the Hold ratings [1]
Warner Bros. Discovery: Born By Blunders, The Company Has Figured It Out
Seeking Alpha· 2025-09-22 16:23
Core Insights - The article emphasizes the importance of in-depth research in the casino and gaming sector, highlighting the availability of resources for investors [1] - Howard Jay Klein, with 30 years of experience in major casino operations, leads a group focused on actionable research for investing in the casino, online betting, and entertainment industries [2] Group 1 - The House Edge offers free excerpts from an upcoming book titled "The Smartest ever Guide to Gaming Stocks" for both existing members and new subscribers [1] - Howard Jay Klein's extensive background includes significant roles at major casinos such as Ballys, Trump Taj Mahal, Mohegan Sun, and Caesars Palace, showcasing his expertise in the industry [2] - Klein's investment strategy is centered around value investing, utilizing management quality as a key factor in his investment decisions [2] Group 2 - The article does not provide any specific financial data or performance metrics related to the companies mentioned [3][4]
Invesco PureBeta MSCI USA ETF declares quarterly distribution of $0.1846
Seeking Alpha· 2025-09-22 16:22
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Nvidia plans to invest up to $100 billion in OpenAI as part of data center buildout
CNBC· 2025-09-22 16:22
Core Insights - Nvidia will invest $100 billion in OpenAI to support the development of extensive data centers utilizing Nvidia's AI chips [1][6] - OpenAI plans to deploy Nvidia systems that will require 10 gigawatts of power, indicating a significant scale of operations [2][4] - The partnership underscores the interdependence of OpenAI and Nvidia in driving the artificial intelligence sector [3][4] Investment Details - The first phase of Nvidia's investment is expected to be operational in the second half of 2026, utilizing next-generation Vera Rubin systems [6] - Nvidia's investment is part of a broader valuation of OpenAI at $500 billion, with other notable investors including Microsoft, SoftBank, and Thrive Capital [6][7] Market Impact - Nvidia's stock rose by 3% following the announcement of the investment [2] - OpenAI currently has 700 million active weekly users, indicating a growing demand for AI services [4] Strategic Partnerships - The partnership with Nvidia complements OpenAI's existing infrastructure collaborations with Microsoft, Oracle, and SoftBank [6][7] - OpenAI's CEO highlighted Nvidia and Microsoft as critical partners, emphasizing their roles as "passive" investors [7]
Exxon approves investment for Hammerhead project offshore Guyana (XOM:NYSE)
Seeking Alpha· 2025-09-22 16:21
Exxon Mobil (NYSE:XOM) said Monday it made a final investment decision for the Hammerhead development offshore Guyana, the company's seventh project in the prolific Stabroek block. The $6.8 billion Hammerhead project, which will include 18 production and injection wells, is expected to begin ...
Chevron & Anadarko Join Forces to Explore Peru's Offshore Basin
ZACKS· 2025-09-22 16:21
Key Takeaways Chevron, Anadarko and Westlawn will explore Peru's Trujillo basin with $1B investments.The consortium completed Peru's largest 3D seismic survey, with results due in early 2026.Success could yield up to 150,000 barrels daily, boosting Peru's economy and energy security.Chevron Corporation (CVX) , Anadarko and investment fund Westlawn have reportedly formed a consortium to explore Peru’s offshore Trujillo basin, marking one of the boldest moves in the nation’s upstream sector in recent years. W ...
Deadline Alert: Snap Inc. (SNAP) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2025-09-22 16:21
LOS ANGELES, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming October 20, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Snap Inc. (“Snap” or the “Company”) (NYSE: SNAP) securities between April 29, 2025 to August 5, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR SNAP INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS ...