CHIPS Act Funds Flow to Quantum as D-Wave, Rigetti and Quantinuum Sign Final Deals
D-Wave, Rigetti and Quantinuum each secure $100M in CHIPS funding. The U.S. takes small equity stakes. IonQ adds an $8.18M security deal and raises 2026 guidance.
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Morgan Stanley Cuts Peloton to Underweight as New Subscribers Plunge
Peloton’s new subscriber adds are down 78% from peak.
Hapag-Lloyd Revises $4.2 Billion Bid for Israel’s ZIM After Security Concerns
New terms keep Israeli control and limit foreign ownership.
ASML Teams With Intel, TSMC and Samsung on 12-Inch Photomasks to Print Giant AI Chips Without Stitching
ASML and major chipmakers want 12-inch photomasks for High-NA EUV, a change that could raise machine productivity about 40% and cut stitching costs.
AMC CEO Blasts Robinhood Over Tokenized Shares, Threatens SEC Action
AMC CEO Adam Aron calls Robinhood’s AMC stock tokens vile and a fake market, demands a halt, and considers an SEC complaint.
Tesla Cybercab Hits Austin Roads, Stock Slips as Investors Get Few Details
Public Cybercab rides start Friday in Austin. Analysts split on Tesla’s quiet launch as NHTSA reviews certification of the driverless cabs.