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OpenAI IPO Delay Report Sparks Sharp Selloff in AI and Memory Stocks

Quantum Computing Inc. (NasdaqCM:QUBT) has acquired Luminar Semiconductor and NuCrypt, expanding its reach into quantum communications and manufacturing. These acquisitions expand its intellectual property base while adding specialized engineering resources in photonics and quantum encryption. The company reported strong liquidity and a sizeable contract backlog, pointing to funded work in its pipeline. A recent joint quantum security demonstration with Ciena highlighted progress toward real...

The Dow Jones hit a new high while the Nasdaq tumbled as Broadcom and Ciena triggered AI and chip losses. SpaceX set an IPO price target.

Broadcom and CrowdStrike fell late on earnings. The SpaceX IPO price target and size have been set with the offering next week.