Quantum computing firm IonQ hires former JPMorgan Chase applied research head

Quantum computing firm IonQ hires former JPMorgan Chase applied research head


Key Points
  • IonQ has hired the former head of applied research at JPMorgan Chase to help corporate clients of the quantum firm adopt next-generation hardware, algorithms and security, CNBC has learned.
  • Marco Pistoia, who was head of JPMorgan’s internal research group from 2020 to this year, will be joining IonQ as senior vice president of industry relations.
  • In his new role, Pistoia will report directly to IonQ CEO Niccolo de Masi and focus on helping corporations adopt both quantum computing and quantum-safe encryption.



Source

Stocks making the biggest moves midday: Lamb Weston, KB Home, Carnival, Oracle, CoreWeave & more
Finance

Stocks making the biggest moves midday: Lamb Weston, KB Home, Carnival, Oracle, CoreWeave & more

Check out some of the stocks making the biggest moves in midday trading. Lamb Weston – The producer of fries and frozen potato products saw shares tank 25%. Though Lamb Weston posted beats on the top and bottom lines in the second quarter, the company reaffirmed its full-year revenue guidance of $6.35 billion to $6.55 […]

Read More
Stocks making the biggest moves premarket: Oracle, CoreWeave, Nike, Coinbase & more
Finance

Stocks making the biggest moves premarket: Oracle, CoreWeave, Nike, Coinbase & more

Check out the companies making headlines before the bell. Oracle — Shares were up more than 5% in the premarket after TikTok agreed to sell its U.S. operations to a new joint venture that includes the software giant and private equity investor Silver Lake. Coinbase — The crypto exchange rose nearly 3%. On Thursday, the […]

Read More
Friday could be a wild day of trading on Wall Street. Here’s why
Finance

Friday could be a wild day of trading on Wall Street. Here’s why

Key Points More than $7.1 trillion in notional options exposure is set to expire this Friday, according to Goldman. December options expirations are typically the biggest of the year, but this one eclipses all prior records. Source

Read More