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D-Wave Quantum Stock Rises 23% Over LOI To Accelerate U.S. Leadership In Quantum Computing

India, May 21 -- Shares of D-Wave Quantum Inc. (QBTS) are rising around 23 percent in Thursday morning trading after the company announced a Letter of Intent for $100 million of proposed funding under... Read More


GlobalFoundries Shares Jump 12% On Launch Of Quantum Technology Solutions Business

India, May 21 -- GlobalFoundries Inc. (GFS) shares surged 12.53 percent to $79.66, up $8.87 on Thursday, after the semiconductor manufacturer launched Quantum Technology Solutions to expand manufactur... Read More


HCW Biologics Prices $4 Million Private Placement To Advance Pipeline; Stock Down

India, May 21 -- HCW Biologics Inc. (HCWB), a clinical-stage biopharmaceutical company developing fusion Immunotherapeutics for cancer, autoimmune disease, and age-related disorders, announced the pri... Read More


IBM Shares Rise 4% On Energy Platform Expansion And Quantum Chip Foundry Plans

India, May 21 -- International Business Machines Corporation (IBM) shares gained 4.06 percent to $234.13, up $9.13 on Thursday, following announcements related to energy management software expansion ... Read More


UK Private Sector Activity Contracts In May

India, May 21 -- The UK private sector registered a renewed downturn in May amid the growing impact of the war in the Middle East, survey results from S&P Global showed Thursday.The flash composite ou... Read More


U.S. Jobless Claims Unexpectedly Edge Down To 209,000

India, May 21 -- The Labor Department released a report on Thursday showing first time-claims for U.S. unemployment benefits unexpectedly edged lower in the week ended May 16th. The report said initi... Read More


Qualcomm Technologies To Power Stellantis Vehicles With Snapdragon Digital Chassis System-on-chips

India, May 21 -- Stellantis (STLA,8TI.DE,STLAP.PA,STLAM.MI) and Qualcomm Technologies (QCOM) announced an expansion of multi-year technology collaboration to power next-generation Stellantis vehicles ... Read More


Hovnanian Enterprises Slips To Loss In Q2; Stock Up 4.5% Of Rosy Q3 Revenue Outlook

India, May 21 -- Homebuilder Hovnanian Enterprises, Inc. (HOV) reported Thursday a net loss for the second quarter of $2.95 million or $0.46 per share, compared to net income of $17.06 million or $2.4... Read More


Parker Hannifin To Acquire Circor Aerospace Business In $2.55 Bln Deal

India, May 21 -- Parker-Hannifin Corp. (PH) Thursday announced an agreement to acquire the commercial and defense aerospace business of Circor International, Inc. for $2.55 billion. The purchase pric... Read More


Sun Communities To Sell UK Assets To Aermont Capital

India, May 21 -- Sun Communities, Inc. (SUI), on Thursday, announced an agreement to sell its UK assets, including the Park Holidays business to funds affiliated with Aermont Capital for 768 million p... Read More