Oracle Deal Lifts Bookings Outlook as Quantinuum bStock Surges ...Middle East

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Oracle Deal Lifts Bookings Outlook as Quantinuum bStock Surges

Quantinuum shares surged on Wednesday after the quantum-computing company reported better-than-expected revenue, issued an above-consensus annual forecast and announced a multiyear partnership with Oracle. Nasdaq-listed Quantinuum shares (QNT) were up approximately 22% at $68.30 during Wednesday trading, putting the stock on pace for its largest one-day percentage gain since its June market debut, according to Barron’s.

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