Financial News

IBM stock and shares of several quantum computing firms jumped Thursday after the U.S. Commerce Department announced $2 billion in grants to advance the technology. Chipmaker Global Foundries will receive $375 million. "These strategic quantum technology investments will build on our domestic industry, creating thousands of high-paying American jobs while advancing American quantum capabilities," Commerce Secretary Howard Lutnick said in a news release, published by IBM.

Trump administration awards $2 billion to nine quantum firms and takes minority equity stakes in each recipient.

Before the US market kicks off on Thursday, let's examine the pre-market session and unveil the notable performers among the S&P500 top gainers and losers.

The Trump administration’s reported decision to award $2 billion in grants to leading quantum-computing companies marks one of the strongest signals yet that quantum technology has moved from experimental science into the realm of national strategic infrastructure. According to a Reuters report citing the Wall Street Journal, the U.

The US government will take equity stakes worth a total of $2bn in a slew of quantum computing companies, including a start-up backed by a firm...

IBM stands to receive $1 billion of the package, which covers nine companies and is funded by the 2022 Chips and Science Act

Today, IBM (NYSE: IBM) and the U.S. Department of Commerce (DoC) announced a Letter of Intent (LOI) to build an American quantum chip foundry, securing the nation's global quantum leadership and fueling the country's growing quantum ecosystem. The CHIPS incentive from the DoC will support the research and development efforts of a new IBM company: Anderon, which will be America's first pure-play quantum foundry. This initiative represents one of the most significant commitments by the U.S. Govern

These are the stocks posting the largest moves in midday trading.

Overnight optimism over US-Iran negotiations and another blockbuster quarter for Nvidia were not enough to set a clear path

IBM (IBM), GlobalFoundries (GFS) and D-Wave Quantum (QBTS) are among the major quantum companies set

Futures fell as oil prices rebounded: Nvidia stock wavered after strong earning. Elon Musk's SpaceX released its IPO filing.

CNBC’s Oliver Renick joins ‘Squawk on the Street’ to report on the latest options trends.

IBM says it plans to create ‘America’s first pure-play quantum foundry’ in collaboration with the Commerce Department.

IBM (NYSE:IBM) shares climbed 6. 6% on Thursday after the U.

Nvidia ticks up after better-than-expected earnings, while Intuit slumps following a layoffs announcement.

Quantum stocks climb as the Trump administration awards $2 billion to nine companies, including IBM, D-Wave and Rigetti.

CNBC brings you fast, accurate, and actionable business news and market updates.

U.S. stocks were lower on Thursday, with Nasdaq falling over 200 points. Advance Auto Parts Inc (NYSE: AAP) jumped 16.4% after reporting better-than-expected Q1 results.

The Trump administration is awarding $2 billion in grants to nine quantum-computing companies in deals ‌that include the U.S. government taking equity stakes, ‌the Wall Street Journal reported on Thursday, citing the Commerce Department. The ​department has agreed to give $1 billion of the package to IBM, while GlobalFoundries will receive $375 million, according to the report. The remaining firms, including D-Wave Quantum, Rigetti Computing and Infleqtion, ‌are expected to receive $100 ⁠million each, while startup Diraq may receive $38 million, according to the WSJ report.

Key opportunities in the global public cloud market include leveraging the rising adoption of AI and machine learning for innovative cloud solutions, capitalizing on the shift towards hybrid and multi-cloud strategies, and addressing growing needs for edge computing and robust cloud security.Dublin, May 21, 2026 (GLOBE NEWSWIRE) -- The "Public Cloud Market, Till 2035: Distribution Type of Service Model, Type of Organization, Type of Vertical, and Geographical Regions: Industry Trends and Global

Quantum networking offers vast opportunities in secure communication, leveraging quantum entanglement to surpass traditional encryption. Its growth is driven by cybersecurity needs, government investment, and advancements in quantum hardware. Key sectors include finance, defense, and healthcare, with North America leading the market.Dublin, May 21, 2026 (GLOBE NEWSWIRE) -- The "Quantum Networking Market, Till 2035: Distribution by Type of Offering, Type of Application, Type of End User, and Geog

CNBC brings you fast, accurate, and actionable business news and market updates.

Trump Administration to invest $2 billion in quantum firms, boosting shares of Infleqtion, D-Wave, Rigetti, IBM and others.

These are the stocks posting the largest moves in the premarket.

Troy Jensen of Cantor Fitzgerald says this technology is on the cusp of commercialization. He sees multiple winners.

Quantum computing shares popped as the U.S. government announced plans to award grants to nine firms operating in the space.

Today, IBM (NYSE:IBM) and the U.S. Department of Commerce (DoC) announced a Letter of Intent (LOI) to build an American quantum chip foundry, securing the nation's global quantum leadership and fueling the country's

After the conclusion of the US market's regular session on Wednesday, let's examine the after-hours session and unveil the notable performers among the top gainers and losers.

The AI trade has had favorites. NVIDIA, Microsoft, Alphabet, and Meta have carried the narrative, while two enterprise tech giants have quietly compounded earnings and built backlogs that few retail investors are talking about. With the S&P 500 up 8% year to date, the setup for these laggards looks asymmetric heading into the back half ... These 2 AI Giants Have Been Dormant. That’s Exactly Why They Might Surprise Investors

IBM expands AI cybersecurity with autonomous security feature, Red Hat integration and enterprise-wide threat detection tools.