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IBM’s US$5b Project Lightwell Aims To Reframe Open Source Security
Simply Wall St.79d agoneutral
IBM’s US$5b Project Lightwell Aims To Reframe Open Source Security

IBM (NYSE:IBM) has launched Project Lightwell, a US$5b initiative with Red Hat focused on enterprise open source software security. The program brings together frontier AI tools and around 20,000 engineers to address software supply chain risks. Project Lightwell builds on IBM’s partnerships with major financial institutions and recent US federal quantum funding activity. For you as an investor, Project Lightwell reinforces IBM’s position as a core infrastructure and security partner for...

Americans to recieve $3,500 each after doughnut chain settles lawsuit
TheStreet80d agobearish
Americans to recieve $3,500 each after doughnut chain settles lawsuit

When a company gets breached these days, the cleanup bill rarely stops at fixing the systems that were broken into. Companies end up paying for legal settlements, customer reimbursements, identity protection services, and years of trying to win back people who no longer trust them with their ...

Americans to recieve $3,500 each after doughnut chain settles lawsuit
TheStreet80d agobearish
Americans to recieve $3,500 each after doughnut chain settles lawsuit

When a company gets breached these days, the cleanup bill rarely stops at fixing the systems that were broken into. Companies end up paying for legal settlements, customer reimbursements, identity protection services, and years of trying to win back people who no longer trust them with their ...

IBM shares rise after unveiling $15B cybersecurity and quantum investment plan
Proactive80d agoneutral
IBM shares rise after unveiling $15B cybersecurity and quantum investment plan

International Business Machines Corp (NYSE:IBM) shares rose more than 3% on Thursday to trade at about $264 after the company announced a combined $15 billion investment initiative focused on cybersecurity and quantum computing, moves that Wedbush said could help “future-proof” the company’s...

Investing.com80d agoneutral
Rational exuberance: Inside Washington’s $2 billion quantum gamble

The U.S. Department of Commerce recently sent shockwaves through the technology sector by signing letters of intent to inject $2 billion into nine quantum computing and hardware companies under the CHIPS and Science Act. The capital allocation includes a massive $1 billion commitment to a newly formed IBM subsidiary, alongside substantial stakes in pure-play firms like GlobalFoundries, Rigetti Computing, and D-Wave Quantum. Yet it was not the dollar amount that triggered a parabolic surge in pub

Jim Cramer Can’t Believe Himself When It Comes To International Business Machines (IBM)
Insider Monkey80d agoneutral
Jim Cramer Can’t Believe Himself When It Comes To International Business Machines (IBM)

We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks. International Business Machines Corporation (NYSE:IBM) is one of the stocks discussed by Jim Cramer. International Business Machines Corporation (NYSE:IBM) is one of Jim Cramer’s favorite quantum computing and software stocks. RBC Capital lowered the firm’s share price […]

Honeywell’s (HON) Quantum Isn’t A Science Project, Asserts Jim Cramer
Insider Monkey80d agoneutral
Honeywell’s (HON) Quantum Isn’t A Science Project, Asserts Jim Cramer

We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks. Honeywell International Inc. (NASDAQ:HON) is one of the stocks discussed by Jim Cramer. Honeywell International Inc. (NASDAQ:HON) is another one of Jim Cramer’s top quantum computing stocks. Its shares are up by 6.8% over the past year […]

Jim Cramer Shares Why Infleqtion (INFQ) CEO Left Him Stunned About Crypto
Insider Monkey80d agoneutral
Jim Cramer Shares Why Infleqtion (INFQ) CEO Left Him Stunned About Crypto

We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks. Infleqtion, Inc. (NYSE:INFQ) is one of the stocks discussed by Jim Cramer. Infleqtion, Inc. (NYSE:INFQ) is a quantum computing, sensing, and software products provider. It is one of the latest IPOs on the market as the shares […]

IBM Stock Gains As Tech Giant Pledges $10 Billion In Quantum Investment
Investor's Business Daily80d agobullish
IBM Stock Gains As Tech Giant Pledges $10 Billion In Quantum Investment

IBM stock climbed Thursday as the tech giant pledged to invest more than $10 billion over five years in its quantum computing efforts. The news comes a week after a $1 billion award from the federal government for quantum computing gave IBM shares a major jolt. The $10 billion toward includes research and development funds, capital expenditures and mergers and acquisitions, IBM said in a filing with the Securities and Exchange Commission.

1 Services Stock with Promising Prospects and 2 Facing Headwinds
StockStory80d agoneutral
1 Services Stock with Promising Prospects and 2 Facing Headwinds

Business services providers thrive by solving complex operational challenges for their clients, allowing them to focus on their secret sauce. Furthermore, the demand for their offerings is rising as more clients outsource non-core functions, a trend that has enabled the industry to return 14.3% over the past six months. At the same time, the S&P 500 was up 9.8%.