Despite the name, the quantum computing company is looking to carve out a role in the AI boom.
Category: Business
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Hims enters a “strategic pivot” following blowback from its copycat Wegovy pill
After selling compounded GLP-1 drugs for two years, Hims is launching an expensive shift to branded treatments.
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Core inflation rises by more than expected in April
A hotter-than-expected print.
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Waymo recalls 3,800 robotaxis after software issue leads to flood incident
The recall follows an April 20 incident in which an unoccupied Waymo drove into a flooded lane in San Antonio, prompting Waymo to review similar scenarios.
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Amazon rolls out 30-minute delivery in four cities with plans to expand to dozens more
If you live in Atlanta, Dallas-Fort Worth, Philadelphia, and Seattle, you can currently get AirPods, groceries, or cleaning supplies delivered in under an hour.
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D-Wave Quantum reports lower-than-expected Q1 sales, though backlog booms on major deals
Bookings at the end of Q1 were $33.4 million, up from $13.4 million in Q4 and $1.6 million a year ago.
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eBay rejects Gamestop’s unsolicited $56 billion takeover bid, calls it “neither credible nor attractive”
The online marketplace called the offer “neither credible nor attractive.”
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GitLab falls on workforce reduction plan tied to “agentic era”
The company said it plans a workforce reduction, though it did not specify how many jobs would be affected.
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GameStop briefly spikes as tweets from @TheRoaringKitty, aka Keith Gill, appear then disappear on X
The discounted value of GameStop’s cash flows fluctuated wildly on this development.
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Power Solutions International mysteriously craters ahead of earnings, then tumbles more after earnings too
This does not look normal, to put it mildly.
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AST Spacemobile drops after 1Q top and bottom lines miss estimates
Shares are falling after hours.
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CleanSpark drops after Q2 results trail estimates, with much deeper-than-expected quarterly loss
The bitcoin miner slash data center company just reported Q2 results.