Oppenheimer has revised its outlook for U.S. investment banking revenue in 2025, scrapping its previous forecast of a 32% increase. The financial firm now expects no growth in the sector, citing mounting concerns over tariffs and trade policy uncertainties. This decision reflects a growing sense of caution among Wall Street analysts who had been optimistic … Continue reading “Oppenheimer Pegs Back its 2025 Investment Banking Forecast for the US”
D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has confirmed a major milestone in quantum computing, demonstrating quantum computational supremacy on a practical, real-world problem. A newly published, peer-reviewed paper in Science validates that D-Wave’s annealing quantum computer outperformed a state-of-the-art classical supercomputer in simulating quantum dynamics in … Continue reading “D-Wave Quantum Inc. (NYSE: QBTS) Demonstrates Quantum Supremacy on a Real-World Problem”
A shocking case of fraud and deception has emerged as authorities investigate a Las Vegas woman accused of using dating apps to lure unsuspecting men into a dangerous trap. Aurora Phelps, 43, is currently in custody in Mexico and faces multiple charges including wire fraud, identity theft, and even kidnapping. The FBI has described Phelps’ … Continue reading “Las Vegas Woman Used Dating Apps to Lure Older Men and Steal from Them”
Cryptocurrency ATMs are now a common sight at gas stations and grocery stores across the U.S. While they provide convenient access to digital currency, they have also become a tool for scammers—especially targeting older adults. Illinois Senator Dick Durbin has proposed the Crypto ATM Fraud Prevention Act to combat fraud and enhance consumer protection. The … Continue reading “Proposed Senate Bill Seeks to Combat Crypto Scams”
The Trump administration has announced that it will not be proceeding with a $400 million contract to purchase armored Tesla vehicles. The decision comes after widespread public attention and scrutiny regarding the proposed deal, which was initially revealed in a federal contract document for the fiscal year 2025. The contract, which was expected to be … Continue reading “Trump Admin Reveals it Doesn’t Plan to Execute $400m Contract for ‘Armored Teslas’”
D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leading quantum computing company, announced that it is participating in the 27th Annual Needham Growth Conference on Jan. 14, 2025. A fireside chat will feature CEO Dr. Alan Baratz and Needham senior analyst Quinn Bolton discussing D-Wave’s advancements in quantum computing, its leadership in quantum optimization as a … Continue reading “BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Highlight Quantum Computing Advances at Needham Growth Conference”
Lucid Motors (NASDAQ: LCID), a well-established electric vehicle (EV) manufacturer from the United States, has recently made notable changes in its leadership team and production plans. First, the company announced the replacement of its European boss Alexander Lutz with Lawrence Hamilton, a seasoned automotive executive. Second, Lucid has officially begun producing its much-anticipated Gravity electric … Continue reading “Lucid Replaces its European Boss, Starts Producing SUVs”
Riley Financial Inc. (NASDAQ: RILY), a leading investment bank, has faced a tough year with its stock price dropping by more than 68%. The dramatic decline reflects major struggles, including financial challenges, advisors leaving, and increased regulatory scrutiny. Several experienced financial advisors have chosen to leave B. Riley for its competitors in recent months. One … Continue reading “Riley Sees Additional Financial Advisors Exiting the Firm”
D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, will participate in this month’s Quantum World Congress. The three-day event is slated for Sept. 9-11, 2024, in Tysons, Virginia. Allison Schwartz, D-Wave’s global government relations and public affairs leader, will … Continue reading “BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Leaders to Present at Upcoming Quantum World Congress 2024”
Riley Financial Inc. (NASDAQ: RILY) is currently in a big financial hole that it dug itself after cofounder B. Riley got involved with a friend’s business ventures. The company, which was founded more than 25 years ago, had its stock collapse after a federal investigation on Brian Khan, a close confidant and business partner of … Continue reading “How Struggling B Riley Financial Got into Current Situation”
