{"id":5004,"date":"2026-05-31T21:40:34","date_gmt":"2026-05-31T21:40:34","guid":{"rendered":"https:\/\/www.fintechpulse8.com\/?p=5004"},"modified":"2026-05-31T21:40:34","modified_gmt":"2026-05-31T21:40:34","slug":"wall-street-brunch-shrodingers-ipo-undefinedqnt","status":"publish","type":"post","link":"https:\/\/www.fintechpulse8.com\/?p=5004","title":{"rendered":"Wall Street Brunch: Shrodinger&#8217;s IPO (undefined:QNT)"},"content":{"rendered":"<p><\/p>\n<div data-test-id=\"content-container\">\n<p data-eci=\"true\">\n<figure class=\"getty-figure\" data-type=\"getty-image\"><picture><img alt=\"3D illustration of a working quantum computer. Quantum computing concept\" data-id=\"2156615862\" data-type=\"getty-image\" width=\"1536\" height=\"864\" srcset=\"https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2156615862\/image_2156615862.jpg?io=getty-c-w1536 1536w, https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2156615862\/image_2156615862.jpg?io=getty-c-w1280 1280w, https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2156615862\/image_2156615862.jpg?io=getty-c-w1080 1080w, https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2156615862\/image_2156615862.jpg?io=getty-c-w750 750w, https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2156615862\/image_2156615862.jpg?io=getty-c-w640 640w, https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2156615862\/image_2156615862.jpg?io=getty-c-w480 480w, https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2156615862\/image_2156615862.jpg?io=getty-c-w320 320w, https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2156615862\/image_2156615862.jpg?io=getty-c-w240 240w\" sizes=\"(max-width: 767px) calc(100vw - 36px), (max-width: 1023px) calc(100vw - 132px), (max-width: 1199px) calc(100vw - 666px), (max-width: 1307px) calc(100vw - 708px), 600px\" fetchpriority=\"high\"\/><\/picture><figcaption>\n<p class=\"item-credits\">adventtr\/E+ via Getty Images<\/p>\n<\/figcaption><\/figure>\n<\/p>\n<p>Listen below or on the go via Apple Podcasts and Spotify<\/p>\n<div class=\"pcast hidden-print\">\n<div class=\"pcast__section-1\">\n    <img decoding=\"async\" alt=\"\" class=\"pcast__top-img pcast__marketing\" src=\"https:\/\/static.seekingalpha.com\/uploads\/2018\/11\/21\/podcast_series_header.png?io=w640\" loading=\"lazy\"\/><\/div>\n<p><iframe loading=\"lazy\" src=\"https:\/\/widget.spreaker.com\/player?episode_id=72266203&amp;theme=light&amp;playlist=false&amp;playlist-continuous=false&amp;chapters-image=true&amp;episode_image_position=right&amp;hide-logo=true&amp;hide-likes=true&amp;hide-comments=true&amp;hide-sharing=true&amp;hide-download=true&amp;color=ff6900\" width=\"100%\" height=\"200px\" title=\"Quantinuum IPO and Broadcom earnings headline week\" frameborder=\"0\" sap-id=\"4\"><\/iframe><\/p>\n<\/div>\n<p>Quantinuum attracts strong demand ahead of debut. (0:17) Broadcom earnings focus shifts to accelerating AI chip demand. (1:09) May jobs report tests outlook for a cooling labor market. (1:58)<\/p>\n<p>The following is an abridged transcript:<\/p>\n<p>Quantum computing firm Quantinuum (QNT) is set to go public this week, with reports that the offering is already oversubscribed by a double-digit multiple of the shares available.<\/p>\n<p>The company, which is owned by Honeywell (HON), plans to offer 21.05 million shares at between $45 and $50 each. At the top end of that range, Quantinuum would raise about $1.05 billion and be valued at roughly $13 billion.<\/p>\n<p>The stock is expected to trade on the Nasdaq under the ticker symbol QNT.<\/p>\n<p>Quantinuum generated 2025 revenue of $30.9 million, up from $23 million in 2024, while its net loss widened to $192.6 million as the company continued investing in growth and commercialization.<\/p>\n<p>The company recently signed an agreement with the U.S. government to receive research and development funding aimed at addressing technology bottlenecks in fault-tolerant trapped-ion quantum computers.<\/p>\n<p>On the earnings front, Broadcom (AVGO) highlights the week when it reports Wednesday after the close.<\/p>\n<p>Wall Street expects EPS of $2.40 on revenue of about $22 billion.<\/p>\n<p>Analysts have turned increasingly bullish ahead of the report.<\/p>\n<p>Oppenheimer expects a beat-and-raise quarter driven by AI demand and says Broadcom remains the number-two AI accelerator player behind Nvidia (NVDA).<\/p>\n<p>Susquehanna also raised its price target ahead of results, citing continued momentum in Broadcom&#8217;s custom AI chips and networking business.<\/p>\n<p>Analysts said AI revenue could exceed $100 billion in fiscal 2027 as customer demand continues to broaden.<\/p>\n<p>Also on the earnings calendar, Hewlett Packard (HPE) and Credo Technology (CRDO) report Monday.<\/p>\n<p>Earnings spotlight: Tuesday: Palo Alto Networks (PANW) and Ulta Beauty (ULTA) are up Tuesday.<\/p>\n<p>CrowdStrike (CRWD) and Medtronic (MDT) joing Broadcom on Wednesday.<\/p>\n<p>Ciena (CIEN), Lululemon (LULU) and DocuSign (DOCU) weigh in on Thursday.<\/p>\n<p>On the economic calendar, Friday\u2019s jobs report is the main event.<\/p>\n<p>Economists expect 96,000 jobs to have been added in May, down from 115,000 in April, while the unemployment rate is expected to hold at 4.3%.<\/p>\n<p>Average hourly earnings are forecast to rise 0.3% for the month.<\/p>\n<p>Wells Fargo says the labor market remains stuck in a low-fire, low-hire environment that is no longer deteriorating, but isn&#8217;t showing meaningful improvement either.<\/p>\n<p>In the news this weekend, Waymo unveiled its new Ojai robotaxi minivan, an all-electric vehicle designed specifically for autonomous ride-hailing rather than retail sales.<\/p>\n<p>The company says the vehicle is roomier, cheaper to operate and built around its sixth-generation self-driving system. Analysts say the lower operating costs could eventually help Waymo undercut human-driven ride-hailing services in some markets.<\/p>\n<p>And Microsoft (MSFT) and Nvidia (NVDA) are expected to unveil the first Windows PCs powered by Nvidia chips as the primary processor at Computex and Microsoft&#8217;s Build conference this week.<\/p>\n<p>The launch could mark a significant expansion of Nvidia&#8217;s push beyond AI servers and into the PC market.<\/p>\n<p>And for income investors, McDonald&#8217;s (MCD) goes ex-dividend on Tuesday and pays out on June 16.<\/p>\n<p>Halliburton (HAL) goes ex-dividend on Wednesday with a June 24 payout date.<\/p>\n<p>Cigna (CI) goes ex-dividend on Thursday and pays out on June 18.<\/p>\n<p>And Western Digital (WDC) goes ex-dividend on Friday with a payout date of June 17.<\/p>\n<\/div>\n<p>#Wall #Street #Brunch #Shrodingers #IPO #undefinedQNT<\/p>\n","protected":false},"excerpt":{"rendered":"<p>adventtr\/E+ via Getty Images Listen below or on the go via Apple Podcasts and Spotify Quantinuum attracts strong demand ahead of debut. (0:17) Broadcom earnings focus shifts to accelerating AI&hellip; <\/p>\n","protected":false},"author":1,"featured_media":5005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[242],"tags":[4375,2040,7442,379,7443,1152],"class_list":["post-5004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editors-pick","tag-brunch","tag-ipo","tag-shrodingers","tag-street","tag-undefinedqnt","tag-wall"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/5004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5004"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/5004\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/5005"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}