Quantinuum is now seeking up to $1.46 billion by marketing 26.5 million shares priced between $53 and $55 apiece.

Honeywell's Quantinuum is targeting a valuation of up to $14.3 billion in its upsized U.S. initial public offering, underscoring robust investor appetite around quantum computing. The Broomfield, Colorado-based company is now seeking up to $1.46 billion by marketing 26.5 million shares priced between $53 and $55 apiece, it ‌said on ⁠Monday. S&P 500 Top Gainers Dell Technologies420.91(32.76%) NetApp174.29(22.39%) ServiceNow124.37(14.38%) IBM297.80(12.71%) S&P 500 Top Losers Coterra Energy32.56(-8.62%) Clorox90.02(-6.42%) ResMed190.57(-6.32%) Intel114.68(-5.14%) It ⁠had earlier aimed to raise up to $1.05 billion by offering about 21.1 million shares priced between $45 and $50 apiece. June is poised for a busy start to the IPO market as firms look to capitalize on strong market conditions ahead of SpaceX's blockbuster listing, with seven companies spanning from defense to ⁠energy sectors set ‌to price their offerings this week. Quantum computing has drawn growing interest after recent technological breakthroughs underscored ⁠its potential to speed up tasks from drug discovery to financial modelling and cryptography. Live Events Quantum computers are capable of solving complex problems faster than classical computers. But major technical challenges remain, including high error rates that limit practical performance. Quantinuum's revised IPO terms comes on the heels of the U.S. government unveiling plans last month ‌to take $2 billion in equity stakes across nine quantum-computing companies. Quantinuum will receive $100 million in funding. The company was formed in 2021 ⁠by combining Honeywell's quantum computing division and Cambridge Quantum. While it is in early stages of commercial growth, bookings have accelerated in recent months as the emerging technology gains traction. J.P. Morgan and Morgan Stanley are joint lead active book-running managers for the Quantinuum offering. Quantinuum is expected to list on the Nasdaq under the symbol "QNT" on Thursday. (You can now subscribe to our ETMarkets WhatsApp channel) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price ...moreless (You can now subscribe to our ETMarkets WhatsApp channel) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price ...moreless Different eras, but current rupee slide has elements of 1991 crisis Down 30% in 1 year, are AI-hit Infy, TCS still value stocks? Wafers to war: Vinay Dube on how Iran crisis is hitting Akasa Stock-linked pay for UGRO promoter raises governance concerns An unusual skill shortage that’s stalling govt’s PNG push Stock Radar: AIA Engineering hits fresh 52-week high in May post breakout; time to buy? 1 2 3

Trump Media & Technology Group (DJT) has drawn fresh attention after recent share price swings.

New York Stock Exchange issues a pre-market daily advisory direct from the trading floor.

250+ corporate and financial institution leaders convene in Singapore as APAC payments market reaches ~US$18 trillion.