Horizon Quantum Holdings shares are trading higher. The company clarified several details including issued and outstanding common equity and that all lock-up agreements entered into in connection with the Business Combination are still in effect.

Horizon Quantum Holdings Ltd. to Acquire Entropica Labs

Horizon Quantum Holdings Ltd. announced an agreement to acquire Singapore-based quantum software company Entropica Labs for $27 million in Class A ordinary shares.

Shares of software companies are trading lower amid a rotation out of technology and AI-related stocks. Rising inflation concerns and elevated oil prices are fueling expectations for further Fed tightening, while elevated borrowing costs could weigh on demand, valuations and debt metrics.

Quantum Computing Is Eyeing a 2028 Breakthrough, 2 ETFs Could Capture It

Quantum computing could hit a milestone by 2028. Compare QTUM’s diversified tech exposure with WQTM’s bets on IONQ and RGTI.

Standard Motor Products, Phoenix Education Partners And Other Big Stocks Moving Lower In Monday’s Pre-Market Session

U.S. futures were mixed. Standard Motor Products fell 3.2% after naming an interim CFO, while several other stocks declined in premarket trading.

Shares of software companies are trading lower as rising oil prices and Treasury yields weigh on broader market sentiment. Elevated energy prices are fueling inflation concerns and expectations for interest rates to remain elevated, potentially pressuring growth-oriented stocks.

Quantum Stocks Catch a Bid After IonQ Shows Real-Time Error Correction

IonQ unveils real-time quantum error-correction decoder running on one CPU, sending its stock and other quantum shares higher.