Stock Movers: D-Wave, Victoria's Secret, Amer
On this episode of Stock Movers: - D-Wave Quantum (QBTS) shares are soaring as the company released its latest quantum computing system. The quantum computer is known as Advantage 2. The company said that this new type of computer can solve complex problems beyond the reach of classical computers. - Victoria's Secret (VSCO) shares are up as the company announced a shareholder rights plan after an investor began acquiring a substantial amount of stock in the lingerie retailer. BBRC International Pte Limited, an entity controlled by Brett Blundy, has increased its position to about 13% of outstanding shares and has a history of acquiring controlling interests in retailers, Victoria's Secret said in a statement. The plan, which is often called a poison pill, will issue one right for each share at the close of business on May 29 and be triggered if an investor acquires 15% of outstanding common stock. It wasn't adopted in response to a proposal to acquire control of the company, Victoria's Secret said. - Amer Sports (AS) shares climbed as much as 21%, the most ever, and to a record high, after the maker of Wilson tennis rackets and Salomon ski boots boosted its adjusted profit forecast for the full year and reported first-quarter results that topped expectations.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
29 minutes ago
- Yahoo
YeePay Showcases One-Stop Global Travel Payment Network at 2025 ITB China
SHANGHAI, June 3, 2025 /PRNewswire/ -- ITB China, Asia Pacific's most influential travel industry trade show, officially kicked off on May 27 at the Shanghai World Expo Exhibition & Convention Center. YeePay, a leading enterprise payment service provider in China, made a strong appearance at this year's show with its "One-Stop Global Travel Payment Network." Leveraging cutting-edge financial technology, YeePay aims to power growth across the global travel market. YeePay showcased its full suite of global travel payment solutions through an immersive, tech-driven booth experience. At the heart of the booth, a dynamic LED display supported by on-site demonstrations highlighted YeePay's ability to solve key pain points for international travel partners entering the Chinese market—such as complex multi-currency settlements and high account management costs. The experience reflected YeePay's core brand values in being a Professional, Innovative, and Trusted company. Tang Bin, Founder and CEO of YeePay, shared his insights on the evolving relationship between payments and travel: "I believe payments—enhanced by AI—will make travel transactions more convenient, personalized, and intelligent. Payments also connect the foundational layers of commerce, helping people unlock greater spending power abroad. With data accumulation, we can deliver more personalized services through smart data mining. " Bin added: "At its core, travel is about connecting people with the world, and payments serve as the bridge that connects people with commerce. As global travel becomes more accessible through better transportation and digital infrastructure, we must address new transactional challenges—like the security of payments, local currency processing. There's a huge opportunity to innovate and improve the overall travel experience through payment solutions." YeePay's One-Stop Global Travel Payment Network helps travel companies achieve cost-effective, fast, and optimized international payments. With an end-to-end transaction network and full-spectrum capabilities in global collections, payouts, and FX services, YeePay provides a single-account solution for managing complex global financial flows within the travel industry. About YeePay Founded in 2003, YeePay is a leading enterprise payment service provider in China, offering secure, innovative, and intelligent transaction solutions across industries such as airlines & travel, retail, fintech, and cross-border commerce. As a key player in global B2B payments, YeePay operates an extensive financial network covering 130+ countries and regions and supporting 60+ currencies. YeePay holds full payment licenses in China and is approved by multiple international regulatory bodies. For more information, please visit View original content to download multimedia: SOURCE YEEPAY Sign in to access your portfolio
CBS News
32 minutes ago
- CBS News
Minnesota Wild re-sign veteran Marcus Johansson to 1-year, $800,000 contract to avoid free agency
The Minnesota Wild re-signed right wing Marcus Johansson on Monday to a one-year, $800,000 contract that keeps the 15-year veteran from becoming a free agent. Johansson had 11 goals and 23 assists in 72 games for the Wild during the 2024-25 regular season, bouncing between the second and third lines. He was sixth on the team in points. The 34-year-old, who was acquired by the Wild from Washington a few days before the NHL trade deadline in 2023, played the 2024-25 season on a $2 million salary cap charge. Johansson had four goals and four assists in nine games for Sweden last month at the ice hockey world championships to help his native country's team win the bronze medal. He has 185 goals and 332 assists over 983 career regular-season games with seven teams in the NHL.
Gizmodo
44 minutes ago
- Gizmodo
8 Hours With Nintendo's Switch 2: It's the Sequel Handheld We Wanted
Nintendo's Switch 2 is a better handheld than the original Switch in both overt and subtle ways. The sticks aren't full-sized, but they tilt with just the right amount of force. The plastic has a subtle grainy texture that feels luxurious on my open palms. It's nearly as light and exactly as thin as the device from eight years ago, but it is much more powerful. Nintendo is desperate to prove its new design is worth the $450 asking price, but the real appeal for this console will lie beyond specs when it launches on June 5. You can't comprehend the appeal of the Switch 2 until you have it in hand. Gizmodo Senior Editor of Consumer Tech Raymond Wong and I spent close to eight hours with Nintendo's Switch 2, with the vast majority of that time spent playing Mario Kart World. We also tested out the system's new GameChat feature for online play, local co-op with camera functionality, and the new Welcome Tour 'game.' Both Gizmodo and io9 already shared their impressions of the Joy-Con 2 mouse controls along with several launch and soon-to-launch Switch 2 games. The mouse controls are still a highlight. They're very responsive, and the individual Joy-Con 2 feels comfortable enough in the hand. The optical mouse system works equally well on a flat counter or your pants' legs. See Nintendo Switch 2 at Walmart In my time playing around with the Switch 2, I started to feel like a beaver sliding comfortably into the same den I dug for the original Switch. You can take that statement two different ways. The Switch 2 isn't chock-full of original ideas save for a few select features—namely GameChat, mouse controls, and GameShare. Many of those new features simply enhance the best aspects of the original Switch. The Switch 2 is still the best console for having fun with friends. Nintendo has a problem communicating what's different with its hardware this time around. The Japanese console maker's devices aren't normally made for people who understand the distinction between 60Hz or 120Hz refresh rates or VRR, which is short for variable refresh rate. (If you're curious, refresh rates refer to how many times a screen displays a new image per second, and variable refresh rate is a feature that allows a screen to support a wider range of frame rates, which cuts down on flickering). That lack of specs clarity is why Nintendo made Nintendo Switch 2 Welcome Tour. The game is an interactive instruction manual for the Switch 2 packed with minigames meant to showcase the hardware's improvements. Your tiny player character is plopped down on top of a literal Switch 2 handheld, like you're a tourist visiting a monument to Nintendo's grand vision. There are several islands sectioned off for the left and right Joy-Con 2, the main screen, and the dock, each containing their own minigames and quizzes. The maps include help guides and trivia to teach the layperson what certain Switch 2 tech jargon means and how the hardware works. Some of the minigames are as granular as a quiz where you try to identify the difference between a scene running between 20 fps and 120 fps. Another offers a perspective of what 4K resolution looks like compared to the size of Super Mario Bros. on the NES—a mere 256 x 240 pixels. Nintendo simplifies these terms and makes them comprehensible. The game is one of the better ways to come to terms with many of these technological terms. I think Nintendo made a big mistake not packaging Welcome Tour with the console. Instead, you have to pay $10 for it separately. Save for GameChat and mouse controls, the Switch 2 is a sequel console in every sense of the phrase. Mario Kart World may be a pretty game with some evocative animations for every powerslide and head-on collision with an incoming truck, but it's not the type of game to express the console's overt power. All that's left is specs. The Joy-Con 2 controllers are now big enough to fit adult-sized hands. The 1080p screen is brighter and more colorful than before, and we can't overstate the benefit of 4K support, especially as the screen resolution has become far more ubiquitous since 2017. That stuff matters, but Nintendo has the difficult task of ensuring everyone knows that matters. Consider how the original Switch lasted eight years. Even at release, it was an underpowered console. As of May, Nintendo sold 152.12 million original Switch units, closest to its top-selling device ever, the Nintendo DS. Since it had been around so long, it seemed like everybody had an original Switch. It was so ubiquitous I could visit any friend's house and expect they'd at least have two Joy-Cons and a copy of Mario Kart 8 Deluxe to play around with. Nintendo's original Switch has been around for eight years and still costs $300. The new Switch 2 is still largely untested and costs $150 more. What we still have yet to test is the new GameShare features. In some supported games, GameShare should let one Switch 2 share it for play with both original Switch and Switch 2 owners, even if they don't own that title. GameShare will only support a limited number of titles at launch, but it's a big reason why you should want to keep your eight-year-old console handy. The bigger Joy-Con 2s still support a similarly thin body that made the original so easy to schlep to a friend's house. Together, the features speak to Nintendo's real strength—its focus on playing with friends. After my limited time with it, I already feel that the Switch 2 does everything the original Switch did, but better. It's larger and more comfortable with improved controls. It's more capable of playing demanding games—though we'll need to test out those titles for ourselves to know the true scope of the Switch 2's potential. But as I played Mario Kart World with four-player co-op—even on a single Joy-Con 2 and even when the frame rate took a major hit from running in four-player splitscreen—I was catapulted back into the same sense of joy I have playing Mario Kart 8 or Super Smash Bros. with friends on the couch. New features like having a live view camera in multiplayer can enhance that feeling of community, and perhaps more games can incorporate mouse controls into multiplayer. The Switch shines as the communal console, and when gaming is getting more expensive, we just hope Nintendo can remember where its handheld console truly shines. See Nintendo Switch 2 at Walmart
