• Jan 08, 2025

Foreigners Keep Dumping Brazil Stocks After $290 Billion Rout

(Bloomberg) -- Foreign investors keep pulling money out of Brazilian stocks as mounting fiscal risks and rising interest rates dim the outlook for local equities.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeNYC Condo Owners May Bear Costs of Landmark Green Building LawDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brakes on Runaway Roadbuilding?Foreigners yanked about 3 billi

  • Jan 08, 2025

Quantum computing stocks take a hit as Nvidia CEO predicts long road ahead

(Reuters) -Quantum computing stocks sank on Wednesday, pausing a year-long rally, after Nvidia CEO Jensen Huang said the technology's practical use was likely two decades away. The long wait outlined by Huang for "very useful quantum computers" throws cold water on a sector that was already expected to spend millions more on the technology, which can only perform niche calculations so far. Rigetti Computing, D-Wave Quantum, Quantum Computing and IonQ all fell more than 35%.