Quantum computers have the potential to speed up computation, help design new medicines, break codes, and discover exotic new materials — but that’s only when they are truly functional. One key thing that gets in the way: noise or the errors that are produced during computations on a quantum machineContinue Reading
The world’s largest solar telescope, the U.S. National Science Foundation (NSF) Daniel K. Inouye Solar Telescope in Hawaii, has reached an important milestone. After almost 15 years of preparation, the German instrument for the Inouye Solar Telescope, the Visible Tunable Filtergraph (VTF), has now taken its first images. The imagingContinue Reading
hapabapa BlackRock (NYSE:BLK) Q2 earnings and revenue climbed past Wall Street expectations as market gains increased its average assets under management and organic base fees grew, the asset manager said on Monday. “Organic growth was driven by private markets, retail active fixed income, and surging flows into our ETFs, whichContinue Reading
KanawatTH Shares of digital media company Ziff Davis (NASDAQ:ZD) slumped as much as 12.3% on Wednesday after the company disclosed in a Securities and Exchange filing that its second quarter results will come in below average Wall Street analyst estimates. The company said that the participants of its convertible notesContinue Reading
WANAN YOSSINGKUM Saratoga Investments (NYSE:SAR) fiscal Q1 2025 earnings exceeded the average analyst estimate as stable interest rates during the quarter kept the business development company’s net interest margin elevated, the company said on Tuesday. Adjusted net investment income per share of $1.05 for the quarter ended May 31, 2024,Continue Reading
Hailshadow Johnson & Johnson (NYSE:JNJ) announced Tuesday that its FDA-approved cell therapy Carvykti, developed with Legend Biotech (LEGN), outperformed standard of care in a Phase 3 trial for patients with a type of blood cancer called multiple myeloma. Citing interim data from its CARTITUDE-4 trial, the pharma giant said patientsContinue Reading
LewisTsePuiLung/iStock Editorial via Getty Images BYD (OTCPK:BYDDF) has set a new sales record in the second quarter, driven by price cuts across most models, and is inching closer towards overtaking Tesla (TSLA) once again as the world’s top seller of electric vehicles. The Chinese EV maker sold 426,039 pure EVsContinue Reading
Wolterk/iStock Editorial via Getty Images Paychex (NASDAQ:PAYX) shares dipped 4.2% in Wednesday morning trading even after posting Q4 earnings and revenue for fiscal-year 2024 that exceeded the average analyst estimate as the human resource services provider navigated a challenging operating backdrop for small and medium-sized businesses. The company now expectsContinue Reading
The Juneteenth week saw a number of S&P companies disclosing their earnings albeit from different sectors. Let us quickly recap all the financial results that were reported for the week ended June 21. Out of the seven companies that reported, only Accenture (ACN) missed on both EPS and revenue. LennarContinue Reading
