By Michelle Fox
Publication Date: 2026-05-21 11:36:00
Check out the companies making the biggest moves in premarket trading: Quantum stocks — Shares of quantum computing companies soared following a Wall Street Journal report that the government plans to award $2 billion in grants to nine firms. The deal also included government equity stakes, the report said. Rigetti Computing jumped 15%, D-Wave Quantum surged 17%, and Quantum Computing rallied nearly 14%. IonQ gained 8%, IBM rose 6.5% and GlobalFoundries added 13%. Walmart — The mega retailer slipped 2% after it issued a worst-than-expected outlook for the full year and its current quarter. Walmart expects adjusted earnings per share to be between $2.75 and $2.85, lower than expectations of $2.91, according to LSEG. Its first quarter adjusted EPS was in line with expectations, while tis revenue topped estimates. Rocket Lab — The space company tumbled 6% after Space X filed a prospectus with the Securities and Exchange Commission to trade publicly on the Nasdaq. CNBC reported…
International Business Machines (IBM Quick QuoteIBM – Free Report) reported better-than-expected first-quarter 2025 results, beating estimates on both earnings and……