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IBM Announces Five-Year, $10BN Quantum Investment
IBM Announces Five-Year, $10BN Quantum Investment
IBM is set to invest more than $10 billion in quantum computing over the next five years.
According to the company, the investment will cover R&D, capex, manufacturing scaling, ecosystem partnerships, and M&A; areas that IBM says will help accelerate its quantum roadmap beyond 2029, when it expects to deliver the world's first large-scale, fault-tolerant quantum computer.
The announcement comes two weeks after the US government signed letters of intent with nine quantum computing companies, including IBM. That agreement will see IBM receive $1bn from the Department of...
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May 3, 2026 / Tyler Durden
The Permanent Distortion Theory
The Permanent Distortion Theory
Submitted by QTR's Fringe Finance
“This time it’s different” is supposed to be the dumbest phrase in investing.
It’s the phrase people use right before they get obliterated. It was the rallying cry of dot-com lunatics buying companies with no revenue in 1999. It was the intellectual foundation of housing perma-bulls in 2006 who believed home prices could only go up because, apparently, Americans had collectively decided real estate was immune mathematical reality.
It’s typically what people say when they’re trying to justify paying absurd prices for dogshit assets...
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Mar 24, 2026 / Tyler Durden
US To Order 3,000 82nd Airborne Troops To Mideast Amid Reports Of Potential Thursday Peace Talks
US To Order 3,000 82nd Airborne Troops To Mideast Amid Reports Of Potential Thursday Peace Talks
Summary
WSJ, Fox reporting 3,000 elite Army Airborne soldiers to be ordered to Middle East. Axios says US awaits Iran response to proposed Thursday peace talks. Trump says Iran has been destroyed "militarily".
Backchannel diplomacy vs skepticism: Abbas Araghchi reportedly signaled openness to negotiations with the US via envoy Steve Witkoff, but Israel has appeared cool on deal prospects or offramp.
Heavy exchange of fire and testing red lines: Iran continues missile and drone waves targeting Israel and US...
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Apr 29, 2026 / Tyler Durden
After Record $19.50 Premium, Saudis Eye Sharp Cut To June Asia Prices
After Record $19.50 Premium, Saudis Eye Sharp Cut To June Asia Prices
Submitted by Charles Kennedy of OilPrice.com
The world’s top crude exporter, Saudi Arabia, is expected to slash its official selling prices (OSPs) for crude loading for Asia in June from the record-highs for May as the premiums of the Middle Eastern benchmarks eased this month.
Saudi oil giant Aramco is widely expected to announce in early May a reduction of the OSP of the flagship Arab Light crude by between $5 and $12 per barrel compared to the Oman/Dubai average,...
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