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Claire Yubin Oh9/22/25

QUBT drops after announcing $500 million at-the-market stock offering

Quantum Computing shares were trading 12% lower early on Monday after the company announced a $500 million at-the-market share offering, a not insignificant amount of dilution for shareholders of the $3.72 billion market cap company (as of Friday’s close).

QUBT plans to use the proceeds from the offering to “accelerate commercialization efforts, strategic acquisitions, expand sales and engineering personnel, working capital, and general corporate purposes,” per the press release. The company also said that the stock offering, which will take place on or around September 24 with institutional investors, has been arranged in an “oversubscribed” private placement.

The announcement marks the company’s fifth and biggest stock offering since November 2024, which will bring the total capital raised from the period to some $900 million.

The company’s shares were up more than 20% on Friday following a wave of bullish sentiment and news from the quantum sector.

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Matt Phillips3h

Memory chip makers bounce back after report of customers turning to China for supplies

High-flying memory chip stocks like Sandisk and Micron bounced back early Thursday after dropping in pre-market trading following a Nikkei report that some PC makers are considering turning to Chinese companies — such as ChangXin Memory Technologies — for supplies amid a historic chip price spike sent them down in the premarket session.

HP, Dell, Acer and Asus mull using Chinese memory chips amid supply crunch, Nikkei Asia reports

HP, Dell, Acer and Asus mull using Chinese memory chips amid supply crunch, Nikkei Asia reports

We have the futures market — and Ray Dalio — to thank for the Chicken McNugget

Bridgewater founder Ray Dalio reimagined the chicken as an entity that consumes corn and soybeans on its way to being consumed by you.

Dozens Gather To Watch McDonald's Fan Eat Chicken Nuggets

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Max Knoblauch3h

Nio projects its first quarterly profit, sending shares surging

Chinese EV maker Nio on Thursday said it expects to achieve its first-ever quarterly profit in its fourth quarter. Its US-traded ADRs rose more than 6% in premarket trading.

Based on a preliminary assessment, Nio projects Q4 adjusted profit from operations of between $100 million and $172 million. Wall Street analysts polled by FactSet estimated a Q4 adjusted operating loss of $19 million.

Nio attributed the preliminary results to sustained sales volume growth, vehicle margin optimization, and cost reductions. Nio delivered 124,807 vehicles in its fourth quarter, which ended in December, up 72% year over year.

(Hims & Hers compounded semaglutdie)

Hims to offer copies of Wegovy pill at $49 a month for starting dose, Novo threatens legal action

Novo said in a statement "will take legal and regulatory action to protect patients, our intellectual property and the integrity of the US gold-standard drug approval framework."

J. Edward Moreno4h

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Nvidia rebounds after Foxconn posts massive sales growth in January, highlights increasing demand for AI racks

Nvidia is rebounding from its worst five-session decline since April this morning after Hon Hai Technology Group posted massive sales growth for January, up 35.5% year on year.

Hon Hai, more commonly known as Foxconn, indicated that its cloud and networking products division (which includes servers for data centers) was its top source of sales growth.

“Shipments of AI racks continue to increase,” the electronics manufacturer said. “The seasonal performance for the current quarter is expected to be better than the range of the past five years.”

Near the start of 2026, Micron soared after Hon Hai announced better-than-expected Q4 sales.

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