Quantum computing is positioned as a complementary technology to advance artificial intelligence capabilities, according to a Wedbush report. Quantum computing is being framed as a critical driver for the next phase of artificial intelligence development. A Wedbush Securit
A blockchain startup proposes a soft fork to protect 1.1 million BTC and other dormant assets from potential quantum computing threats. A privacy-focused blockchain startup has introduced a patent-pending post-quantum signature scheme designed to safeguard dormant cryptocu
The firms aim to enhance recovery rates and infrastructure use on the Norwegian continental shelf without new major discoveries. Equinor and Aker BP announced a collaboration to accelerate oil developments and improve resource recovery on Norway’s continental shelf. The ag
Shares of quantum computing firms surge following $2 billion in U.S. government grants to accelerate sector growth. Quantum technology stocks climbed sharply after the U.S. government announced $2 billion in grants to bolster the sector. IBM rose 7%, while QBTS and RGTI ju
WTI crude futures fell sharply after claims of a draft agreement between Washington and Tehran eased supply concerns. WTI crude oil futures settled at $96.35, down 1.94% or $1.91 for the session. The decline followed reports on Al-Arabiya TV that the US and Iran had reache
Richmond Fed President Thomas Barkin cites labor market risks and unclear AI impacts as reasons to withhold monetary policy signals. Richmond Federal Reserve President Thomas Barkin declined to provide strong forward guidance on monetary policy, citing uncertainty over inf
The central bank hiked rates more than expected to curb currency weakness and preempt inflation risks amid geopolitical tensions. Bank Indonesia increased its benchmark interest rate by 50 basis points to 5.25%, exceeding market forecasts of a 25bp hike. The move aims to b
Falling inventories, reduced Middle Eastern exports, and rising demand could strain global oil supplies within months, the IEA says. Global oil markets may face severe tightening by July or August due to shrinking inventories, disrupted Middle Eastern exports, and surging
Ameren shares rise after JPMorgan raises its price target to $126, citing strong positioning for AI-driven data center growth. Ameren (AEE) climbed 0.7% after JPMorgan upgraded the utility to Overweight from Neutral, setting a new $126 price target, up from $120. The firm
Take encouragement from recent job growth, but not hard to imagine possible job losses due to AI Nervous about the tails on both sides of the mandate Employers outside of software are not yet reducing headcount due to AI Longer-term bond-market-based inflation expectations do...<
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