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IBM advances quantum computing; Target beats Q2 expectations; Treasury doubles bond buybacks; Amazon expands drone delivery.

Market News
19 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

IBM achieved a key milestone by linking and cooling two cryogenic modules, moving closer to a fault-tolerant quantum computer with plans for 1,000 qubits next year. Target reported strong Q2 results, surpassing earnings and sales expectations despite price cuts. The U.S. Treasury will double buyback operations for long-dated bonds to ease yields and support market liquidity amid rising rates. Amazon plans to expand its drone delivery service to nearly 500 suburban U.S. cities by year-end, increasing competition in fast delivery services.

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