Shares of Google higher after announcing a quantum computing breakthrough, adding to buzz for the stock after reports the company's in talks with Anthropic on a multi-billion dollar cloud deal. Our Mackenzie Sagalos has more on that in today's tech check. What a week for Google, Mac.>> Yeah, it really has been. I was talking to one Google investor this morning, Carl. He told me that the quantum breakthrough isn't what's driving the stock.It's the bigger signal here that Google is starting to show signs of r ...

Core Viewpoint - IBM's upcoming earnings report is highly anticipated, particularly regarding its software segment growth, which is expected to increase by approximately 10.5% in the third quarter, following previous revenue misses in the first and second quarters [2][3]. Software Segment - The software segment's performance is critical, as previous quarters saw revenue misses leading to stock sell-offs. The market is closely watching for any signs of disappointment in this area [2][3]. - Cumulative AI bookings for IBM in the second quarter were reported at about $7.5 billion, indicating a focus on AI integration within their software offerings [3]. AI Strategy - IBM has formed a partnership with Enthropic to enhance its AI capabilities through the Claude chatbot, which competes with OpenAI's ChatGPT. This partnership will be integrated into various IBM products [4]. - Unlike other major players in the AI space, IBM's approach is less capital expenditure-intensive, focusing on unique applications rather than large-scale data center expansions [5][7]. Cloud Business - IBM's cloud strategy is characterized as a hybrid model, combining infrastructure as a service with data privacy, differing from competitors like Amazon and Microsoft, which primarily utilize large data centers [5][6]. - This hybrid cloud approach allows clients to maintain some data in-house while utilizing external resources, positioning IBM uniquely in the cloud market [7]. Quantum Computing - Quantum computing is viewed as a significant growth area for IBM, with expectations to launch a quantum computer by 2029-2030. This positions IBM as a key player in the emerging quantum technology sector [10][11]. - IBM's core competency in building large machines, such as mainframes, provides a competitive edge over other companies that focus on different technological areas [10]. Stock Performance - IBM's stock has been on an upward trend, approaching 52-week highs, with a year-to-date rally of about 30%. The stock is currently about 5-6% off its all-time highs, indicating strong market interest ahead of the earnings report [2][13].

RT Sundar Pichai (@sundarpichai)New breakthrough quantum algorithm published in @Nature today: Our Willow chip has achieved the first-ever verifiable quantum advantage.Willow ran the algorithm - which we’ve named Quantum Echoes - 13,000x faster than the best classical algorithm on one of the world's fastest supercomputers. This new algorithm can explain interactions between atoms in a molecule using nuclear magnetic resonance, paving a path towards potential future uses in drug discovery and materials scien ...

D-Wave Quantum Inc (NYSE: QBTS) opened in the red this morning, but the pullback may be an opportunity to load up on the quantum computing name that's emerging as a billionaires' favourite. In Q2, bil... ...

Google has claimed a breakthrough in quantum computing after developing an algorithm that performed a task beyond the capabilities of conventional computers.The algorithm, a set of instructions guiding the operation of a quantum computer, was able to compute the structure of a molecule – which paves the way for major discoveries in areas such as medicine and materials science.Google acknowledged, however, that real-world use of quantum computers remained years away.“This is the first time in history that an ...

Designed to accelerate advances in medicine and other fields, the tech giant's quantum algorithm runs 13,000 times as fast as software written for a traditional supercomputer. ...

When 74% of traders on X say they believe quantum computing stocks are in a bubble… it’s probably worth paying attention. That was the question Twitter Tom posed during our latest Market on Close livestream — and when Senior Market Strategist John Rowland pulled up the data, his verdict was clear: More News from Barchart “Yeah, I think this is definitely a bubble.” Let’s unpack why John says so — and which other corners of the market may be showing the same warning signs. The Quantum Boom – and Burn ...

Group 1 - IBM is highlighted for its strong position in quantum computing, with CEO Arvind Krishna leading a successful campaign in this area [1] - The company is recognized for its software, consulting, infrastructure, and financing solutions, particularly in hybrid cloud and AI technologies [2] - HSBC, a major bank, utilizes IBM's Heron quantum processor to enhance its algorithmic bond trading, showcasing the practical application of IBM's quantum computing products [2] Group 2 - While IBM shows potential as an investment, there are AI stocks perceived to have greater upside potential and lower downside risk [3]

Group 1 - The 2025 Gulf Information Technology Exhibition (GITEX Global 2025) is being held in Dubai, focusing on the specific applications of artificial intelligence (AI) across various industries [1] - The global AI market is projected to grow to $4.8 trillion by 2033, with applications spanning translation, knowledge applications, logistics, agriculture, infrastructure, healthcare, and consumer behavior data analysis [1] - The integration of AI with other advanced technologies, such as quantum computing, is seen as crucial for future advancements, providing lower costs and higher precision for tasks beyond traditional computing capabilities [1] Group 2 - The UAE has been investing in AI since 2008, with Abu Dhabi investing in multiple chip and global AI-related companies [2] - AI is transitioning from a "tool" to a "part of lifestyle," enhancing human productivity according to G42 Group's CEO [1]

When a group of billionaires buys a stock, it can be a bullish indicator.Few investment sectors have experienced larger share price gains over the past year than quantum computing. While these stocks are highly speculative, the potential of the technology and their incredible rise have caught the attention of billionaires and hedge funds on Wall Street.While retail investors should keep an eye on what the "smart money" is up to, they should also be sure to do their own due diligence. That's because the bill ...