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Quantum (NASDAQ:QMCO) Releases FY 2024 Earnings Guidance

Quantum (NASDAQ:QMCO – Get Free Report) issued an update on its FY 2024 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of -$0.06-$0.02 for the period, compared to the consensus estimate of $0.03. The company issued revenue guidance of $350.00 million-$370.00 million, compared to the consensus revenue estimate of $412.80 […] ....

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Quantum (NASDAQ:QMCO) Price Target Lowered to $1.50 at B. Riley

Quantum (NASDAQ:QMCO – Free Report) had its target price trimmed by B. Riley from $2.75 to $1.50 in a research note published on Tuesday morning, FlyOnTheWall reports. A number of other research firms have also recently issued reports on QMCO. Lake Street Capital reduced their target price on shares of Quantum from $3.00 to $2.00 […] ....

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White House unveils ban on US investment in Chinese tech sectors

Financial Times: Security threat cited, restrictions for firms linked to Chinese military. ....

United Kingdom , United States , Nikki Haley , Jake Sullivan , European Commission , Joe Biden , President Xi Jinping ,

Researchers Achieve First 3D Measurements via Quantum Ghost Imaging

Researchers have reported a significant milestone by successfully conducting the first 3D measurements using quantum ghost imaging. ....

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BBCNEWS Newsday June 4, 2024 23:13:00

Of outbound investments investments from the us into china into a range of what it considers to be sensitive technologies critical to national security. and it s identified essentially three sectors that it considers critical, which are semiconductors, quantum and artificial intelligence. clearly, beijing won t be happy about this, but at the same time, some in america say that it s not as restrictive as they had hoped. what s your assessment? i think that s right. there ve been different proposals out there from other members of congress. in terms of restricting us investment, some have gone considerably further. this has really got two components to it. one is to essentially require notification to the treasury of certain transactions, so that would primarily apply to potential investments in what the administration wants to narrow down as a subset of artificial intelligence. and then when it comes to semiconductors and quantum, the us is looking to prohibit those investments. bu ....

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