Browsing: tumble

Add to Google Preferred Sources D-Wave Quantum shares fell 8% to $17.79 Wednesday after the company announced CFO John Markovich will retire effective September 2, triggering a 3% decline in rival IonQ. Greg Golkov, D-Wave’s senior vice president of finance since May 2023, will become acting CFO. The company stated the departure was not related…

Nidec is facing renewed investor backlash after disclosing details of quality control misconduct involving motors and other products, compounding the challenges confronting a once-admired manufacturer on top of accounting problems and the exit of its charismatic founder.

Most funds offered as part of the federal government’s 401(k)-style retirement savings program finished July in the red, continuing the downward trend that began the prior month.