QUBT Shares Surge on 9,000%+ Revenue Jump to $3.7 Million

Posted on May 14, 2026May 14, 2026 by Olumide Adesina

Quantum Computing (QUBT) increased by 12%. For the first three months of the year, the application software developer reported revenue of $3.7 million, beating Wall Street’s $3.1 million forecast, an increase from $39,000 during the same period last year.

The acquisition of Luminar Semiconductor in early February and, to a lesser degree, the acquisition of NuCrypt in early March—one of the first businesses to commercialize quantum communications technology—were the main drivers of the year-over-year increase in revenue.

Peer D-Wave Quantum’s (QBTS) shares fluctuated during Tuesday’s session after the company reported quarterly revenue that fell short of projections, but future commitments, or bookings, skyrocketed.

Since Nvidia (NVDA) unveiled its new “Ising” open-source quantum AI models around World Quantum Day in mid-April, quantum stocks have been surging. After a turbulent start to the year, the industry has been in recovery mode.

The industry has been in recovery mode after a turbulent start to the year, partly due to increased revenue from partnerships with government and defense agencies that are growing into significant clients. Earlier this month, IonQ (IONQ) reported the best quarter among its competitors, with a sharp increase in revenue because of enterprise demand and acquisitions. Additionally, the company increased its full-year revenue forecast.

ORCL: Oracle AI Stock on Fire Sale The Bloodbath You’ve Been Waiting For

Posted on May 14, 2026May 14, 2026 by Olumide Adesina

Oracle is a screaming buy for Wall Street. However, the stock has been seen by many investors as risky due to the company’s relationship with OpenAI, its substantial debt load, and the longevity of its software business. Oracle shares had dropped 14% during a six-session losing streak—their worst run in months.

The stock has dropped almost 50% since reaching a high in September, despite a rally in April. The most recent action on OpenAI, which is under scrutiny for its capacity to fulfill its commitment to invest hundreds of billions of dollars in artificial intelligence technology.

The owner of ChatGPT failed to meet its most recent user and sales goals, and Oracle shares fell 4.1 percent during that time. However, Wall Street experts contend that as Big Tech builds out the infrastructure to power AI, the market is mistakenly focused on the noise coming from OpenAI and failing to see Oracle’s growth potential.

The shares have a consensus price target of roughly $240. Its Thursday closing price of about $161 suggests a 43 percent increase over the next 12 months, making it one of Oracle’s large-cap tech peers with the highest projected upside.

But there are still concerns regarding Oracle’s expansion. The stock hit its previous record in part due to an aggressive outlook for its cloud business and a reported $300 billion deal with OpenAI over five years.

Growing concerns about OpenAI’s circular financing agreements, in which it is a client of the businesses funding it, and the possible consequences if it doesn’t fulfill its numerous financial obligations, were the driving forces behind the subsequent selloff.

Oracle, which offers enterprise software in addition to data management and cloud infrastructure technology, has also been affected by investors’ concerns about AI upending the software industry. Additionally, investors are hesitant about its increasing debt levels to finance the AI infrastructure. The previous record set in 2008 was surpassed in March when the cost of safeguarding the company’s debt against default for five years reached its highest closing level ever.

Forex Signals May 11: Petrobras, CRCL, Figure, HIMS, and Rigetti Earnings Preview fo Today

Posted on May 11, 2026May 11, 2026 by Skerdian Meta

As investors concentrate on energy markets, fintech expansion, healthcare demand, and speculative technology themes, Petrobras, Circle Internet Group, Figure technology Solutions, Inc., Hims & Hers Health, Inc., and Rigetti Computing, Inc. dominate Monday’s results agenda.
Continue reading “Forex Signals May 11: Petrobras, CRCL, Figure, HIMS, and Rigetti Earnings Preview fo Today” →

Goldman Sachs Warns Google, Amazon Masked Weaker S&P 500 Earnings

Posted on May 11, 2026 by Olumide Adesina

Goldman Sachs has discovered an issue concealed within an exceptionally strong earnings report. S&P 500 companies reported an impressive Q1 earnings figure, with growth approaching 25%. Goldman Sachs, however, claimed that investment gains at Google parent Alphabet (GOOGL) and Amazon (AMZN) contributed to the figure. If you eliminate those gains, the result will be much less impressive.

Amazon’s pre-tax gain of $16.8 billion, recorded in non-operating income, was attributable to its investment in the AI bellwether Anthropic. As a result, its net income increased to $30.3 billion, once again significantly exceeding Wall Street projections.

Alphabet’s gain was even greater with $37.7 billion in other income, primarily from unrealized gains on non-marketable securities, resulting in an 81 percent increase in net income to $62.6 billion and an 82 percent increase in EPS to $5.11. Investors use earnings headlines as a crucial indicator of whether corporate profits are sustainable and stock prices are overbought.

Amazon and Alphabet have a significant impact on the figures due to their enormous market capitalizations, which give them disproportionate weight in the S&P 500 index. In essence, the market is obviously much more concentrated than the headline implies, even though it may still be expanding.

Net sales at Amazon increased 17% to $181.5 billion in the first quarter. Sales of Amazon Web Services increased by 28% to $37.6 billion, the company’s fastest growth in 15 quarters.

According to Goldman Sachs, investors should look past the corporate earnings headline figure. At about 25%, the S&P 500’s Q1 earnings growth appears to be exceptionally strong on the surface. Additionally, the fact that investors are already paying higher prices for stocks is a sign of a better future for Corporate America.

However, Goldman’s research team notes that rather than the index’s outstanding operating performance, a significant portion of those gains comes from investment-related activity by two major tech giants, Amazon and Alphabet. These two companies have a significant impact on the S&P 500, which Goldman refers to as a “distortion” in the overall earnings picture. The underlying S&P 500 earnings growth falls to 16% if we exclude those investment gains.

Although that figure is respectable, it is obviously not the same as a 25% growth rate. Therefore, the market is much more concentrated than the headline figures indicate, even though it may still have bottom-line momentum.

South African Rand Volatility: USD/ZAR Retreats after U.S. CPI and Ramaphosa Impeachment Development

Posted on May 11, 2026May 13, 2026 by Skerdian Meta

When the USD/ZAR failed to maintain advances above the R17 level, the South African rand gained some momentum. However, this week’s volatility may continue to be strong given the impending U.S. inflation statistics and the current political unrest in South Africa.
Continue reading “South African Rand Volatility: USD/ZAR Retreats after U.S. CPI and Ramaphosa Impeachment Development” →

China’s Gold Shopping Spree Lifts Prices Even as Middle East Tensions Flare

Posted on May 10, 2026 by Olumide Adesina

Gold prices rallied following significant purchases by China’s central bank, even though new conflicts in the Middle East threatened to shatter a precarious ceasefire. The yellow metal was trading close to $4,720 per ounce after closing the previous session slightly lower.

The US attacked military targets there after Iran opened fire on three navy destroyers passing through the strait,

The clashes heightened tensions as the United States seeks to end a war that is now in its third month and awaits Iran’s response to its proposal to reopen the Strait of Hormuz, a vital waterway for energy flows.

There are indications that central bank demand, which has played a significant role in the multiyear increase in gold prices, might persist. According to data released on Thursday, the People’s Bank of China, one of the largest official sector purchasers of the precious metal, purchased 8 tons in April. As a result, last month’s sales reached their highest level since 2024. Ahmad Assiri, an analyst at Pepperstone Group Ltd., stated that the PBOC’s continuation of a buying run “can be encouraging for Asian buyers.”.

He stated that “what we see for now is early positioning for the potential rally” that may occur after the worst of the Middle East conflict has passed. Since the conflict began, gold has dropped about 11% as worries about rising inflation that would prolong higher interest rates were heightened by the near-closure of Hormuz and the ensuing shock to energy prices.

Higher rates and a stronger US dollar are detrimental since bullion is priced in US dollars and pays no interest.

Goldman Sachs: Amazon, Google Investment Gains Inflated S&P 500 Earnings Growth

Posted on May 10, 2026 by Olumide Adesina

Net sales at Amazon increased 17% to $181.5 billion in the first quarter. Sales of Amazon Web Services increased by 28% to $37.6 billion, the company’s fastest growth in 15 quarters.

Japan’s Nikkei Blasts Through 62,000 Milestone, Powered by Tech Earnings

Posted on May 7, 2026 by Olumide Adesina

Japan’s Nikkei share average shot to a record high on Thursday, and the country’s bonds rallied as optimism over strong technology earnings and indications of a possible Middle East peace deal caught up. The benchmark Nikkei 225 Index broke through the 62,000 mark for the first time, rising 4.19 percent to 62,009.59. At 3,807.84, the overall Topix increased by 2.12 percent.

Japanese government bonds (JGBs) increased following a three-day trading halt during which the yen appreciated due to alleged intervention by Tokyo authorities. The yen was essentially stable at 156.33 per dollar a day after a surge to a 10-week high of 155, fueled by talk of additional official support.

Overnight, Wall Street indexes reached all-time highs as excitement over the rapidly expanding artificial intelligence industry was fueled by favorable results from Advanced Micro Devices.

President Donald Trump stated that the US has had excellent talks with Tehran, while Iran said it is examining a US proposal to end the more than two-month conflict. “The strong performance of chip shares, driven by Advanced Micro Devices’ strong forecast, led to today’s sharp gain of the Nikkei,” stated Takamasa Ikeda, senior portfolio manager at GCI Asset Management. The market anticipates that there won’t be any more military action, despite the thin content of the US-Iran peace proposals

The Nikkei index saw 78 decliners and 144 advancers. Tech sector suppliers saw the biggest percentage gains in the index, with Ibiden leading the way at 15.9 percent, followed by Mitsui Kinzoku Ltd. at 15.3 percent, and Renesas Electronics at 12.8 percent.

However, as energy prices increased and the yen depreciated, mining and exporter shares were generally lower, reversing gains made during the Iranian conflict. The leading oil and gas explorer in Japan, Inpex, fell 5.9%, while Honda Motor lost 0.7%. According to the Bank of Japan’s March minutes, made public on Thursday, many board members believed that if the energy shock caused by the Iran War persisted, interest rates would need to be raised.

Oracle’s 50% Drop Ultimate AI Buying Opportunity

Posted on May 7, 2026May 7, 2026 by Olumide Adesina

The stock has dropped almost 50% since reaching a high in September, despite a rally in April. The most recent action is focused on OpenAI, which is under scrutiny for its capacity to fulfill its commitment to invest hundreds of billions of dollars in the advancement of artificial intelligence technology.

According to a report released on Tuesday, the owner of ChatGPT failed to meet its most recent user and sales goals, and Oracle shares fell 4.1 percent during that time. However, Wall Street experts contend that as Big Tech builds out the infrastructure to power AI, the market is mistakenly focused on the noise coming from OpenAI and failing to see Oracle’s growth potential.

But there are still concerns regarding Oracle’s expansion.

The stock hit its previous record in part due to an aggressive outlook for its cloud business and a reported $300 billion deal with OpenAI over five years. Growing concerns about OpenAI’s circular financing agreements, in which it is a client of the businesses funding it, and the possible consequences if it doesn’t fulfill its numerous financial obligations, were the driving forces behind the subsequent selloff.

Apple Talks + Trump Stake Fuel Intel’s $100 Breakout, $120 Target Next

Posted on May 7, 2026 by Olumide Adesina

Investors are optimistic about Intel’s foundry/AI turnaround targets raised post-earnings to $75–$118. 18A process ramp, AI inference/CPU demand, possible significant foundry wins (Apple, among others), the US government margin recovery, and policy support help the chip maker.

The primary impetus is a Bloomberg article stating that Apple and Intel have had initial talks about using Intel’s US foundries to produce chips (possibly for Mac, iPhone, and iPad processors).

Apple is also in talks with Samsung o diversify away from a heavy reliance on the TSMC supply chain strains caused by AI and geopolitical risks. A possible Apple victory would greatly increase the credibility of Intel’s foundry business, particularly its upcoming 18A process.

Strong recent earnings, AI/CPU demand, US government support (including a previous Trump admin stake), and optimism all contribute to the overall positive momentum. Intel continues to be a high-risk/high-reward brand. The market reaction has been explosive, with traders piling in on hopes of a significant new customer for Intel (e.g., TSMC, AMD, and Nvidia).

Apple has explored using Intel and Samsung Electronics to manufacture the primary processors for its devices in the United States to provide an alternative to its longtime partner, Taiwan Semiconductor Manufacturing Co.

The iPhone and iPad manufacturer has had preliminary discussions with Intel about using the company’s chipmaking services. Executives from Apple have visited a Samsung facility in Texas being developed to produce cutting-edge chips.

Who asked not to be named because the discussions are private, neither effort has produced any orders thus far, and the work with both suppliers is still in its early stages.

Apple has reservations about utilizing non-TSMC technology and might decide not to proceed with another partner.

Apple has been designing the primary processors, or systems-on-a-chip, that power its devices for over ten years, and it has relied on TSMC to manufacture them using the most cutting-edge production techniques in Taiwan. The 3-nanometer fabrication node is used in the newest Macs and iPhones. However, even Apple, one of the biggest silicon buyers, is susceptible to supply-chain interruptions.

The massive expansion of AI data centers and the unexpectedly high demand for Macs capable of running AI models locally have been the main causes of recent shortages. This underscores the necessity for Apple to take into account other suppliers.

Apple executives stated that growth was being hampered by a shortage of chips for the Mac and iPhone. Tim Cook, the CEO, stated, “We have less flexibility in the supply chain than we normally would.