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Wall Street Breakfast

Quantinuum IPO and Broadcom earnings headline week

Wall Street Breakfast

Seeking Alpha

Business News, News, Business, Investing

4.11K Ratings

🗓️ 31 May 2026

⏱️ 4 minutes

🧾️ Download transcript

Summary

Quantinuum attracts strong demand ahead of debut. (0:17) Broadcom earnings focus shifts to accelerating AI chip demand. (1:09) May jobs report tests outlook for a cooling labor market. (1:58)

Show Notes
Earnings Calendar
Dividend Roundup

Episode transcripts seekingalpha.com/wsb. Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Alpha at seekingalpha.com/subscriptions.

Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street Brunch, our Sunday look ahead to this week's

0:09.9

market-moving events, along with the weekend's top news and analysis.

0:14.2

Hello, today is Sunday, May 31st, and I'm your host, Kim Kahn.

0:18.0

Quantum Computing firm Continuum is set to go public this week, with reports

0:22.1

of the offering is already oversubscribed by a double-digit multiple of the shares available.

0:27.0

The company, which is owned by Honeywell, plans to offer 21.05 million shares and between $45 and $50 each.

0:34.3

At the top end of the range, Quantinium would raise about 1.05 billion and be valued at roughly

0:39.0

$13 billion overall. The stock is expected to trade on the NASVAC under the ticker symbol QNT.

0:45.4

Quantinum generated 2025 revenue of $30.9 million, up from $23 million in 2024-2.24, while its net

0:51.7

loss widened to $192.6 million as the company continued investing

0:56.0

in growth and commercialization. The company recently signed an agreement with the U.S.

1:00.4

government to receive research and development funding aimed at addressing technology bottlenecks

1:05.3

in fault-tolerant, trapped ion quantum computers. On the earnings front, Broadcom highlights the week when it reports

1:11.9

Wednesday after the close. Wall Street expects EPS of 240 on revenue of about $22 billion.

1:17.9

Analysts have turned increasingly bullish ahead of the report. Oppenheimer expects a beat

1:22.0

and raised quarter driven by AI demand and says Broadcom remains the number two AI accelerator player behind

1:28.3

NVIDIA.

1:29.2

Susquehanna also raises price target ahead of results, signing continued momentum in Broadcom's

1:34.3

custom AI chips and networking business.

1:37.2

Analysts said AI revenue could exceed $100 billion in fiscal 2027 as customer demand continues

1:43.0

to broaden.

1:44.4

Also on the earnings calendar, Hewlett Packard and Credo Technology Report Monday,

...

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