Financial News

IBM is breaking into the quantum computing foundry business.

Tech stocks were higher Thursday afternoon, with the State Street Technology Select Sector SPDR ETF

The Trump administration is expanding the government's burgeoning investment portfolio, announcing Thursday that it will award grants to nine quantum computing companies, including a new IBM venture, in exchange ‌for equity stakes.

CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.

CNBC brings you fast, accurate, and actionable business news and market updates.

The U.S. Department of Commerce will invest $2 billion into quantum chip foundries and startups as the "Q-Day" Bitcoin threat nears.

The markets were stunned last July when the Trump administration announced it was investing $400 million into rare earths miner MP Materials (NYSE:MP) to bolster domestic rare earth production. A month later came an even bigger surprise: roughly $8.9 billion directed toward Intel (NASDAQ:INTC). The stock market has spent decades operating under a simple assumption ... Trump Gave Intel $8.9 Billion. Now Taxpayers Are Buying IBM

Intuitive Surgical’s da Vinci 5 surgical platform, which began shipping in earnest on April 1, 2026, runs on 10,000 times the computing power of the da Vinci Xi and was co-engineered with NVIDIA’s Isaac platform. That is a working hospital robot, on the floor, today, that needed an AI compute stack nobody had five years ... Quantum Computing and Robotics Are Arriving Faster Than Most Investors Realize and After Years of Covering This Space These 3 ETFs Stand Out

Let's take a look at the S&P500 stocks that are experiencing unusual volume in today's session.

Mimecast’s governance platform will bring enterprise AI conversations into the same search, archive, and legal hold infrastructure as email and collaboration platforms Mimecast | Anthropic Mimecast GCI now integrates with the Claude Compliance API LEXINGTON, Mass., May 21, 2026 (GLOBE NEWSWIRE) -- Mimecast, a global leader in securing humans, data and AI, today announced that its Governance, Compliance & Insights (GCI) platform now extends to enterprise AI conversations. The first AI data source

The Trump administration is awarding $2 billion in CHIPS Act grants to nine quantum computing companies, with IBM getting $1 billion and the government taking equity stakes across the group.

Several quantum computing stocks rallied Thursday on expectations of deals that will see the federal government take stakes in the firms.

Let's have a look at what is happening on the US markets in the middle of the day on Thursday. Below you can find the top S&P500 gainers and losers in today's session.

All three major US stock indexes were down and oil prices were up after Iran's supreme leader issued

The U.S. government is stepping directly into the quantum race, committing billions in incentives — and taking equity stakes in the companies it’s backing.

The S&P 500 Index ($SPX ) (SPY ) is up +0.15%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.14%. Equity markets are pushing higher this afternoon, tracking a sharp midday reversal in energy markets...

Shares of International Business Machines (NYSE:IBM) are up 8% in mid-morning trading Thursday, while three legacy enterprise tech peers don’t have the same rocket fuel today. Oracle (NYSE:ORCL), Cisco Systems (NASDAQ:CSCO), and Hewlett Packard Enterprise (NYSE:HPE) are providing mixed results and falling behind IBM stock. The setup is striking because IBM stock has been the ... IBM Rallies 8% While Oracle, Cisco, HPE Drift: Is the Laggard Finally Bouncing?

Quantum stocks rose as the Trump administration announced it is giving out grant money for research and development projects in exchange for company stakes.

Options traders stormed into the stock, trading almost 200,000 contracts, on pace for 15 times the daily average of the past 30 days.

Shares in International Business Machines Corp (NYSE:IBM) jumped 6.4% on Thursday, helping pull the Dow Jones out of early losses after the White House agreed to support a new quantum chip manufacturing venture with $1 billion of funding. The Department of Commerce confirmed it had signed a...

Wedbush's Dan Ives joins 'Power Lunch' to talk the big players in the AI and computing arena and how to play the space.

The US Department of Commerce is awarding $2 billion in grants to American quantum-computing companies, half of which will go to IBM, in a bid to bolster the buildout of super computers that could solve some of the world’s most pressing problems.

IBM shares rise after announcing a partnership with the U.S. Department of Commerce to launch America's first purpose-built quantum foundry.

(Updates with stock movement in the last paragraph.) IBM (IBM), GlobalFoundries (GFS) and D-Wave

CNBC’s “Halftime Report” Investment Committee discusses their top stocks to watch for the second half of the day's trading session.

WEST PALM BEACH, FL / ACCESS Newswire / May 21, 2026 / Elektros Inc. (OTC PINK:ELEK), an emerging leader in sustainable energy technologies, today announced it has selected the enterprise-grade IBM® Envizi™ ESG Suite for integration into its "Energy ...

U.S. stocks slipped at midday Thursday as Treasury yields snapped back and crude oil climbed above $100 a barrel on signs that U.S.-Iran peace talks have stalled. IBM surged more than 8% after winning a $1 billion CHIPS Act quantum-computing award, while Walmart, Deere and Intuit slumped on disappointing prints.

US equity futures were edging lower pre-bell Thursday despite upbeat fiscal Q1 financial results pos

Shares of several quantum computing companies surged in U. S.