A Google-led research team, in collaboration with the Ethereum Foundation and Stanford, has drastically reduced the estimated quantum computer power needed to break Bitcoin and Ethereum's core cryptography from 9 million to under 500,000 physical qubits. This breakthrough means quantum attacks on blockchain wallets could happen sooner than expected, with potential to expose private keys during transaction broadcasts or from already visible public keys on the blockchain. However, current quantum computers are far from this capability, and experts recommend using fresh addresses for each transaction to mitigate risk. The research highlights the urgency for migrating to quantum-resistant cryptographic methods but does not signal immediate danger.
Shares of memory chip companies like SK Hynix, Micron, and Western Digital dropped significantly despite JPMorgan's Overweight rating and high price target for SK Hynix. The selloff is driven by rising Treasury yields nearing 4.91% and oil prices sur...
Pfizer remains a strong buy as it reaffirms and raises its guidance, driven by operational growth of acquired assets at 18%. The company's robust pipeline, especially in obesity treatment and Vyndamax, supports growth beyond the 2028 loss of exclusiv...
AeroVironment, a drone and laser technology company, reported a fiscal Q1 2027 earnings beat with adjusted EPS of $0.59 versus $0.2479 expected and revenue of $480.49 million, surpassing estimates. The company secured a $464 million contract for the ...
Macy's stock fell 5% after it reported better-than-expected Q2 earnings and raised its full-year outlook, driven partly by $116 million in tariff refunds. While revenue and profit beat estimates, the market reacted negatively because much of the earn...
Chime Financial is recommended as a buy following its acquisition of Stride Bank and an increase in its financial guidance. The company now controls its own charter, ending reliance on a sponsor bank and unlocking over $100 million in yearly synergie...
