IBM hits key quantum computing milestone
Summary
Host Kim Kahn covers IBM’s milestone in linking cryogenic modules for fault-tolerant quantum computing. Market movers include Target’s strong Q2 earnings, Lowe’s lowered sales outlook, and Estee Lauder’s rally after beating estimates. Treasury yields fell after the government announced expanded buyback operations for long-dated debt. Additionally, Amazon plans to expand drone delivery to nearly 500 U.S. cities by year-end.
Topics discussed
Introduction to Wall Street Lunch
IBM's quantum computing milestone
Target, Lowe's, and Estee Lauder earnings
Treasury buyback operations and yields
Amazon expands drone delivery service
Closing remarks and resources
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