Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis.

Good afternoon. Today is Tuesday, April 7th, and I'm your host, Kim Khan. Our top story is so far.

Mizzouho is dialing back its near-term enthusiasm on quantum computing, cutting price targets on D-Wave Quantum,

ion Q, and Rgetting computing, while maintaining outperform ratings on all three.

The firm lowered D-Ways target to $31 from 40, Riggities to 33 from 43, and ion Q's to

61 from 80.

Despite the reductions, analysts VJ. Rockish and the firm still sees more than 100% upside

and remains constructive on the long-term quantum roadmap, which it views as being in the early

stages of an inflection. Mizzouho expects IonQ to maintain leadership in trapped ion

quantum computing, projecting roughly 68% compound annual growth rate over the next decade.

Ragedi and D-Wave could each capture about 10% market share by 2030.

The firm also highlighted D-Wave's dual-platform approach,

annealing and superconducting modalities, as a potential competitive edge over time.

Among other active stocks, Microsoft, Spotify, and Viking Holdings were added

to Bank of America's US One list, which represents the firm's top byrated U.S. listed ideas.

Broadcom is higher after signing a long-term deal with Google to develop future generations

of its custom AI chips known as tensor processing units through 2013.

And Universal Music is rallying after Pershing Square Capital Management submitted a non-binding

proposal to acquire all outstanding shares at nearly an 80% premium, valuing the company

around 56 billion euros.

Looking to the economy, February durable goods orders fell 1.4%, steeper than the expected

0.2% decline, and below January's revised, 0.5% drop. X-transportation, new orders rose 0.8%, slightly

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