D-Wave Quantum Stands Out in Commercial Quantum Computing Revolution, Bullish Analyst Says
Needham analyst Quinn Bolton initiated coverage on D-Wave Quantum Inc (NYSE:QBTS) with a Buy rating and a price target of $2.5.
As per the analyst, d-Wave stands out as a pure-play entity in the quantum computing industry, primarily focusing on commercial applications through its proprietary quantum annealing technology.
This differentiates D-Wave from its competitors,
Read MoreWhere to Invest $10,000 in a Bullish Market
Written by Aditya Raghunath at The Motley Fool Canada
A bull market is a great time to invest in the stock market. Due to improved market sentiment and the possibility of sustained economic growth,
» Read more about: Where to Invest $10,000 in a Bullish Market »
Read MoreWhat Tesla’s Robotaxi Could Mean for Its Stock Price
On April 5th, taking advantage of his X platform, Elon Musk announced the unveiling of Tesla (NASDAQ:) Robotaxi on August 8th. Over five days, the announcement had little lasting impact on TSLA stock, breaking even at 0.05% to the present price level of $173.66 per share.
Tesla shares are now 7.6% higher from their 52-week low of $152.37.
» Read more about: What Tesla’s Robotaxi Could Mean for Its Stock Price »
Read MoreTesla Decision To Pause $25,000 Vehicle Could Be 'Thesis-Changing': Analyst Looks For Clarity On Robotaxi Timeline
Reports of electric vehicle company Tesla Inc (NASDAQ:TSLA) abandoning plans for a $25,000 vehicle were one of the key headlines last week.
An analyst breaks down what the reported decision could mean and how the company’s robotaxi strategy could be more important.
The Tesla Analyst: Deutsche Bank analyst Emmanuel Rosner has a Buy rating on Tesla and lowers the price target from $200 to $189.
Read MoreJPMorgan's Dimon hopes for soft landing for US economy but says stagflation possible scenario
JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation.
In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained “cautious” about the US economy and said inflation may be stickier for longer and that “stagflation is on the list of possible things” that could happen to the US economy.
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