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Quantum computing stocks rebound after massive sell-off as industry exec says opportunity is 'real'

Quantum computing stocks rebounded Tuesday after a massive sell-off fueled by Big Tech CEOs expressing skepticism. The stocks recovered as D-Wave CEO Alan Barrett said quantum computing is "real."

Yahoo Finance 53 minutes ago

NVDA

RGTI

RGTIW
Eli Lilly stock tumbles after new forecasts show weight-loss drug sales grow slower than expected

Eli Lilly stock is down after issuing Q4 2024 guidance that missed Wall Street estimates.

Yahoo Finance 3 hours ago

LLY

NONOF

NVO
China stocks, Trump Media shares, Eli Lilly: Market Minute

Yahoo Finance senior markets reporter Josh Schafer examines three of this morning's top trending stocks on today's Market Minute. Chinese stocks (^HSI, 000300.SS) are climbing following Bloomberg's reporting on President-elect Donald Trump's proposed gradual tariff hikes. After initially soaring by 21%, Trump Media & Technology Group (DJT, DJTWW) shares have now fallen by as much as 8% Tuesday morning. Eli Lilly (LLY) stock sinks after cutting its fourth quarter revenue guidance, expecting its GLP-1 weight-loss drug sales to fall below expectations. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 6 hours ago

^HSI

DJT

DJTWW
Nvidia stock falls after Biden administration releases updated export rule for AI chips

Nvidia stock fell Monday after the Biden administration released new rules aimed at controlling the flow of artificial intelligence to China.

Yahoo Finance yesterday

AVGO

^SOX

QCOM
'Free Our Feeds' campaign aims to billionaire-proof Bluesky’s tech

As Elon Musk and Mark Zuckerberg continue to reshape the social media space, a group of international tech entrepreneurs and advocates has launched a campaign to protect social media from the control and influence of billionaires. The initiative, Free Our Feeds, aims to protect Bluesky’s underlying technology, the AT Protocol, and leverage it to create an open social media ecosystem that can’t be controlled by a single person or company, including Bluesky itself. The goal of the initiative is to

TechCrunch 23 hours ago

META
Wall Street Traders Hold Their Breath Before CPI: Markets Wrap

(Bloomberg) -- Stocks bounced around all day long, with traders unwilling to make any significant bets as they awaited key inflation data for clues on the path of Federal Reserve rates.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesAfter several twists and turns in the run-up to the consumer price index, the S&P 500 finished 0.1% higher. While most of its shares advanced, big

Bloomberg 24 minutes ago

^GSPC

^DJI

LLY
Jim Cramer on Meta Platforms, Inc. (META) Allowing An E-commerce Company’s Listings: ‘A Very Good Move’

We recently published an article titled Jim Cramer Discussed These 21 Stocks As Bond Yields Soared. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against the other stocks Jim Cramer recently discussed. In a recent episode of CNBC’s Squawk On The Street, Jim Cramer started out by […]

Insider Monkey 32 minutes ago

META
TikTok Ban: China Reportedly Mulls Musk As TikTok Buyer. What Would It Cost?

With the TikTok ban looming, Chinese officials are reportedly weighing whether to allow a sale of the app to Elon Musk.

Investor's Business Daily 1 hour ago

GOOG

META

SNAP
S&P 500 Stock Pauses Share Repurchase Plan After $4.8 Billion Acquisition

United Rentals announced early Tuesday it has agreed to acquire H&E Equipment Services for $4.8 billion.

Investor's Business Daily 1 hour ago

HEES

URI
Applied Digital Reports Fiscal Second Quarter 2025 Results

DALLAS, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for high-performance computing (“HPC”) applications, cloud services (“Cloud Services”), and data center hosting (“Data Center Hosting”), reported financial results for the fiscal second quarter ended November 30, 2024. The Company also provided an operational update. Fiscal Second Quarter 20

GlobeNewswire 1 hour ago

APLD
AI-Fueled Energy Stock Has This Edge Over The Nvidias Of The World

While Nvidia loses support in a risky late-stage base, Baker Hughes stock taps strong growth and AI to drill toward a breakout.

Investor's Business Daily 1 hour ago

AVGO

DTM

NVDA
Vision Marine Technologies Files Patent Application for Proprietary Battery Encryption System

Safeguarding Advanced Powertrain Technology and Boaters' Data from Third-Party Substitution MONTREAL, QC / ACCESSWIRE / January 14, 2025 / Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq:VMAR) is pleased ...

ACCESSWIRE 1 hour ago

VMAR
WiMi Develops a Hybrid CPU-FPGA Quantum AI Simulator

WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the development of a hybrid CPU-FPGA quantum AI simulator. The development of the quantum AI simulator aims to simulate the behavior of quantum computers, enabling testing and optimization of quantum algorithms on existing classical computers. Traditional simulators are often limited by the computational power of the CPU, making it difficult t

PR Newswire 2 hours ago

WIMI
Why Robinhood Stock Was Moving Higher Today

Shares of Robinhood Markets (NASDAQ: HOOD) were gaining today after the company agreed to pay $45 million to settle claims with the Securities and Exchange Commission (SEC), and it received two high-profile endorsements from Wall Street analysts. 2024 was a breakout year for Robinhood as it rode the recovery in crypto along with internal cost-cutting and improvement to nearly triple last year, and the company is now getting recognition from Wall Street. This morning, Bernstein named Robinhood as its best idea in Global Digital Assets.

Motley Fool 2 hours ago

HOOD
Magnificent Seven Stocks: Nvidia, Tesla, Meta Sell Off

Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2024 with solid gains. Due to their outsized market capitalizations, Magnificent Seven stocks hold a disproportionate influence on the market-cap weighted Nasdaq composite and S&P 500 indexes.

Investor's Business Daily 2 hours ago

NVDA

AAPL

TSLA
Meta Stock Bullish Butterfly: A $2,200 Potential Payoff Comes With Just $300 Risk

This option trade lets you go bullish on Meta with low risk but a high reward if the stock nails the target.

Investor's Business Daily 2 hours ago

META
Jim Cramer on Novo Nordisk A/S (NVO): ‘That’s Denmark’s Jugular’

We recently published an article titled Jim Cramer Discussed These 21 Stocks As Bond Yields Soared. In this article, we are going to take a look at where Novo Nordisk A/S (NYSE:NVO) stands against the other stocks Jim Cramer recently discussed. In a recent episode of CNBC’s Squawk On The Street, Jim Cramer started out by […]

Insider Monkey 2 hours ago

NVO
Eli Lilly’s Zepbound and Mounjaro Sales Missed Estimates Again. The Wobble’s Looking Serious.

Eli Lilly can’t seem to recover from its GLP-1 stumble. Once again, the drugmaker reported sales of its blockbuster GLP-1 medicines Zepbound and Mounjaro that missed Wall Street estimates. It was the second consecutive miss for the two closely watched obesity and Type 2 diabetes drugs, and Lilly shares were down 7.3% Tuesday morning.

Barrons.com 2 hours ago

LLY
JNJ, GSK, LLY Announce M&A Deals at JP Morgan Conference

J&J announces a big deal to acquire neuroscience company ITCI for $14.6 billion, while Lilly and GSK announce smaller deals.

Zacks 2 hours ago

LLY

ITCI
Meta cutting 5% of workforce based on performance

Meta, the parent company of Facebook and Instagram, is cutting the lowest-performing 5% of its workforce and plans to fill those roles later this year, the company said in a memo.

Fox Business 2 hours ago

META

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Related News

Quantum computing stocks rebound after massive sell-off as industry exec says opportunity is 'real'

Eli Lilly stock tumbles after new forecasts show weight-loss drug sales grow slower than expected

China stocks, Trump Media shares, Eli Lilly: Market Minute

Nvidia stock falls after Biden administration releases updated export rule for AI chips

'Free Our Feeds' campaign aims to billionaire-proof Bluesky’s tech

Wall Street Traders Hold Their Breath Before CPI: Markets Wrap

Jim Cramer on Meta Platforms, Inc. (META) Allowing An E-commerce Company’s Listings: ‘A Very Good Move’

TikTok Ban: China Reportedly Mulls Musk As TikTok Buyer. What Would It Cost?

S&P 500 Stock Pauses Share Repurchase Plan After $4.8 Billion Acquisition

Applied Digital Reports Fiscal Second Quarter 2025 Results

AI-Fueled Energy Stock Has This Edge Over The Nvidias Of The World

Vision Marine Technologies Files Patent Application for Proprietary Battery Encryption System

WiMi Develops a Hybrid CPU-FPGA Quantum AI Simulator

Why Robinhood Stock Was Moving Higher Today

Magnificent Seven Stocks: Nvidia, Tesla, Meta Sell Off

Meta Stock Bullish Butterfly: A $2,200 Potential Payoff Comes With Just $300 Risk

Jim Cramer on Novo Nordisk A/S (NVO): ‘That’s Denmark’s Jugular’

Eli Lilly’s Zepbound and Mounjaro Sales Missed Estimates Again. The Wobble’s Looking Serious.

JNJ, GSK, LLY Announce M&A Deals at JP Morgan Conference

Meta cutting 5% of workforce based on performance