Quantum names pop
Wall Street Breakfast
Seeking Alpha
3.8 • 950 Ratings
🗓️ 23 October 2025
⏱️ 6 minutes
🧾️ Download transcript
Summary
Episode transcripts seekingalpha.com/wsb.
Show links:
Biggest stock movers Thursday: TSLA, IBM, and more
Tesla warns on 'near-term uncertainty' ahead of acceleration of AI, software, and fleet-based profits
IBM raises 2025 revenue growth outlook to over 5% and free cash flow to $14B as AI momentum accelerates
Lam Research anticipates China revenue below 30% in 2026 as AI drives record $5B+ quarters
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | It's good to be with you on this Thursday, October 23rd. I'm Julie Morgan. |
| 0:13.7 | Washington wants in on Quantum Tech. Trump and ranchers are beefing over beef and new sanctions send oil higher. |
| 0:22.6 | Quantum computing stocks are up sharply in pre-market trading after reports that the Trump administration is negotiating equity stakes in several key firms. |
| 0:32.6 | Companies including IonQ, Righgeti Computing, and D-Wave Quantum are discussing the government |
| 0:39.7 | becoming a shareholder. The move signals the Trump administration's expanding interventions |
| 0:45.2 | into what it sees as critical segments of the economy. The Wall Street Journal reported other |
| 0:51.1 | companies such as quantum computing and atom computing are also considering |
| 0:56.1 | similar arrangements. All of these stocks are trading in the green. IonQ is up 14.3%. Raghetti computing |
| 1:04.6 | 13.8%. D-wave quantum 13.6%. Arcut Quantum, 11.7%, and Quantum Corp, up 12.7%. President Trump says |
| 1:19.1 | U.S. cattle ranchers don't understand how tariffs have benefited them and insisted that they need to |
| 1:25.6 | lower their prices. He posted on Truth Social that the only reason that cattle ranchers are doing so well for the first time in decades |
| 1:33.9 | is because he put tariffs on cattle coming into the U.S., including a 50% tariff on Brazil. |
| 1:41.4 | Over the weekend, Trump suggested importing more beef from Argentina to help bring |
| 1:46.1 | down prices in the U.S. The proposal faced pushback from cattle ranchers and some Republican lawmakers. |
| 1:53.1 | The CEO of the National Cattlemen's Beef Association, Colin Woodall, said this plan only |
| 1:59.2 | creates chaos at a critical time of the year for American |
| 2:02.6 | cattle producers while doing nothing to lower grocery store prices. He went on to say that Argentina |
| 2:09.4 | has a deeply unbalanced trade relationship with the U.S. Argentina sold over $801 million |
| 2:16.2 | of beef into the U.S. market in the past five years, |
| 2:20.3 | compared to just over $7 million worth of American beef sold to Argentina. |
| 2:25.8 | He also pointed out Argentina's history of foot and mouth disease, |
... |
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