Quantum Computing Stocks Tumble After Mark Zuckerberg Backs Nvidia

Pooja Rajkumari | January 13, 2025

Quantum computing stocks experienced a notable dip during pre-market hours on Monday. This downturn followed comments made by Meta CEO Mark Zuckerberg and Nvidia Corp. CEO Jensen Huang, who both expressed caution regarding the timeline for quantum computing advancements. What Happened: As per Benzinga Pro, at 5:46 am ET, IONQ Inc (NYSE:IONQ) experienced a 14.91% drop, Rigetti Computing Inc (NASDAQ:RGTI) fell by 16.24%, D-Wave Quantum Inc (NYSE:QBTS) decreased by […]

Market Concentration Hits Levels Not Seen Since 1930s: Top 10 Companies Now 800X Bigger Than 75% Of Stocks on the Index

Pooja Rajkumari | January 3, 2025

Warren Buffett advises individuals to invest in low-cost S&P 500 index funds for long-term gains, rather than attempting to time the market or pick stocks. However, The Kobeissi Letter revealed a concerning trend on Thursday. What Happened: The top 10 stocks in the S&P 500 are now nearly 800 times larger than the 75th percentile stock, surpassing the concentration levels seen during the […]

Bill Gates Says He’d Would Ask This To A Time Traveler From 2100

Pooja Rajkumari | November 4, 2024

During an episode of the “Possible” Podcast released on Wednesday, Bill Gates revealed his curiosity about the future to hosts Reid Hoffman and Aria Finger. Gates expressed a keen interest in how future generations will address significant challenges, particularly those posed by artificial intelligence. What Happened: Gates shared his thoughts on what he would ask […]

‘Don’t Fight The Fed And…China,’ Says Wealth Manager As Global Markets Rise

Pooja Rajkumari | September 30, 2024

Keith Lerner, the Co-Chief Investment Officer at Truist Wealth, has a word of advice for investors: “Don’t fight the trend and don’t fight the Fed.” What Happened: Lerner emphasized that the global markets are currently reaching 52-week highs due to the actions of central banks and the Chinese stimulus, CNBC reported on Monday. He pointed […]

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