To The Moon

$D-Wave Quantum$ CEO Alan Baratz says $Nvidia$ CEO Jensen Huang is an authority on many areas of computing, but not all areas and not on quantum computing. Huang is “dead wrong” with his comments on the usefulness of quantum applications being years away, argues Baratz, who says that his company is “commercial today” and its services are being used by companies like Mastercard today, “not 30 years from now, today.”

The shares of IonQ Inc. and other companies linked to quantum computing tumbled in extended trading on Tuesday after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum comput

Alibaba unloading physical assets to focus on online businessSun Art had attracted interest from other private equity firmsAlibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group

China’s gross domestic product is expected to expand around 5% for the full year of 2024, President Xi Jinping said, signaling the world’s second-largest economy is on track to meet its official target.China’s economy was “overall stable and progressing amid stability,” Xi said in a speech published Tuesday by the official Xinhua News Agency. Risks in key areas were effectively addressed, while employment and prices remained steady, he said.Xi reiterated a call to adopt more proactive macroecono

The S&P 500 is heading for a loss during the typically bullish stretch for the second year in a rowInvestors look set to be disappointed as the “Santa Claus rally” has so far failed to materialize for

Right now there are dueling impetuses.Data center spending is at a record high, and the hyperscalers like Amazon, Microsoft and Google are telling investors that they won't be reducing investment soon