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Jim Cramer Can’t Believe Himself When It Comes To International Business Machines (IBM)
Insider Monkey76d agoneutral
Jim Cramer Can’t Believe Himself When It Comes To International Business Machines (IBM)

We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks. International Business Machines Corporation (NYSE:IBM) is one of the stocks discussed by Jim Cramer. International Business Machines Corporation (NYSE:IBM) is one of Jim Cramer’s favorite quantum computing and software stocks. RBC Capital lowered the firm’s share price […]

Honeywell’s (HON) Quantum Isn’t A Science Project, Asserts Jim Cramer
Insider Monkey76d agoneutral
Honeywell’s (HON) Quantum Isn’t A Science Project, Asserts Jim Cramer

We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks. Honeywell International Inc. (NASDAQ:HON) is one of the stocks discussed by Jim Cramer. Honeywell International Inc. (NASDAQ:HON) is another one of Jim Cramer’s top quantum computing stocks. Its shares are up by 6.8% over the past year […]

Jim Cramer Shares Why Infleqtion (INFQ) CEO Left Him Stunned About Crypto
Insider Monkey76d agoneutral
Jim Cramer Shares Why Infleqtion (INFQ) CEO Left Him Stunned About Crypto

We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks. Infleqtion, Inc. (NYSE:INFQ) is one of the stocks discussed by Jim Cramer. Infleqtion, Inc. (NYSE:INFQ) is a quantum computing, sensing, and software products provider. It is one of the latest IPOs on the market as the shares […]

IBM Stock Gains As Tech Giant Pledges $10 Billion In Quantum Investment
Investor's Business Daily76d agobullish
IBM Stock Gains As Tech Giant Pledges $10 Billion In Quantum Investment

IBM stock climbed Thursday as the tech giant pledged to invest more than $10 billion over five years in its quantum computing efforts. The news comes a week after a $1 billion award from the federal government for quantum computing gave IBM shares a major jolt. The $10 billion toward includes research and development funds, capital expenditures and mergers and acquisitions, IBM said in a filing with the Securities and Exchange Commission.

1 Services Stock with Promising Prospects and 2 Facing Headwinds
StockStory76d agoneutral
1 Services Stock with Promising Prospects and 2 Facing Headwinds

Business services providers thrive by solving complex operational challenges for their clients, allowing them to focus on their secret sauce. Furthermore, the demand for their offerings is rising as more clients outsource non-core functions, a trend that has enabled the industry to return 14.3% over the past six months. At the same time, the S&P 500 was up 9.8%.

IBM plans $10 billion investment for large-scale quantum computer by 2029
Reuters76d agoneutral
IBM plans $10 billion investment for large-scale quantum computer by 2029

IBM will invest more than $10 billion ‌over the next five years ‌in an effort to deliver the ​first large-scale fault-tolerant quantum computer by 2029, according to an SEC filing on Thursday. The ‌investment will ⁠go toward R&D, capital expenditures, scaling manufacturing capabilities ⁠and acquisitions, the company known for building the Watson supercomputer ​said. Last week, ​companies ​including IBM and ‌GlobalFoundries announced the Trump administration will take stakes in quantum computing firms to secure leadership in the emerging technology.

IBM commits $5 billion to secure open-source software
Reuters76d agoneutral
IBM commits $5 billion to secure open-source software

IBM said on Thursday it has committed $5 billion to an initiative that will deploy engineers and AI tools ‌to help companies better secure open source software. The initiative, called ‌Project Lightwell, seeks to create a "clearinghouse" for open source security, establishing a model for managing ​risks across the software supply chain. Open source software is freely available code that anyone can use and modify, and powers the technology systems of most companies.

This Year’s Biggest Quantum IPO Is Coming
Barrons.com78d agoneutral
This Year’s Biggest Quantum IPO Is Coming

Investors looking for a pure-play bet on quantum computing are about to get their biggest opportunity of the year. Quantinuum, the quantum firm backed by industrial giant Honeywell set the terms for its initial public offering on Tuesday, announcing plans to sell nearly 21.1 million shares at an expected price range of $45 to $50 each. The company sees net proceeds of $941.7 million at the midpoint of the range, or roughly $1.09 billion if underwriters exercise an option to buy an additional 3.16 million shares.

Quantinuum, Fresh Off a Federal Quantum Funding Boost, Gets IPO Pricing
Barrons.com78d agoneutral
Quantinuum, Fresh Off a Federal Quantum Funding Boost, Gets IPO Pricing

The initial public offering for Quantinuum, the quantum computing company backed by Honeywell, was priced in an encouraging sign that investors may soon have a new way to buy into the emergent technology. Quantinuum said Tuesday that it plans to sell nearly 21.1 million shares in its IPO, at an expected price range of $45 to $50 a share. A source with direct knowledge of the matter told Barron’s last year that Honeywell was looking to take the company public as soon as late 2026, market conditions permitting.

Bloomberg78d agoneutral
Honeywell-Backed Quantinuum Seeks to Raise $1.05 Billion in IPO

(Bloomberg) -- Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., is seeking to raise $1.05 billion in its US initial public offering, capitalizing on investor enthusiasm for the technology. Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inc

Jim Cramer Reveals Why International Business Machines (IBM) Should Be Doing Better
Insider Monkey79d agoneutral
Jim Cramer Reveals Why International Business Machines (IBM) Should Be Doing Better

We recently published Jim Cramer Discussed These 10 Stocks Including A Hidden Gem & An AI Short. International Business Machines Corporation (NYSE:IBM) is one of the stocks discussed by Jim Cramer. International Business Machines Corporation (NYSE:IBM)’s shares have struggled recently as they are down by 1.9% over the past year and by 12.9% year-to-date. RBC […]