Latest news with #RichardShannon
Yahoo
18-05-2025
- Politics
- Yahoo
Smyrna residents demand safety, action after train derailment
The Brief Some Smyrna residents who formed a group called "Quiet the Train" are concerned about noise, track maintenance, and safety, especially after the May 9 train derailment near their neighborhood. CSX Transportation says the cause of the derailment is still under investigation, but they've determined there were no issues with the track itself. CSX hopes to have the derailment site cleaned up by the middle of next week. SMYRNA, Ga. - After a train derailed near a Smyrna neighborhood, more residents, part of a group called "Quiet the Train", are raising concerns about maintenance, noise levels and safety. What they're saying "As somebody who is directly impacted by this, I want to make sure that I don't have to buy a new house because a train came through my wall," Mark Crowley said. Crowley is part of a group of residents who've spoken out about issues around the train going through their neighborhood for years. The group started focusing on noise issues, but has since expanded to speed, track maintenance, and safety. "When they go at the speeds they're supposed to go at, and when they maintain their equipment the way they're supposed to per their rules, it's tolerable. It's fine," Crowley said. "But when it comes screeching in at 110 decibles, and it's ear-splitting, and my bed is shaking, they really are running into problems." "We'd like to see step-up with their maintenance of the rail cars and the tracks," Richard Shannon, who started the group, added. The other side CSX sent the following statement to FOX 5 Atlanta in response: "At CSX, safety is our highest priority. We are committed to being good neighbors and strive to limit the impact of our operations on communities we serve. CSX complies with all railroad noise emissions standards set by the Federal Railroad Administration. Throughout our network, we have taken steps to minimize noise and vibrational impacts from our train operations through the installation of Continuous Welded Rail (CWR) and follow all regulatory guidelines to reduce our impact on surrounding communities." Georgia Rep. Gabriel Sanchez, who lives close to the derailment site, echoed his neighbors' concerns. "Now with this, it just proves there are issues they are not addressing," he said. "We've been talking to these people for years, and they need to listen to the community and stop putting profit over people." The Source FOX 5 Atlanta reporter Kim Leoffler spoke to affected neighbors, Rep. Gabriel Sanchez and a representative from CSX for the information included in this article.
Yahoo
15-05-2025
- Business
- Yahoo
Why Rigetti Computing Stock Blasted 18% Skyward Today
A fellow quantum computing business is part of a major deal to expand the technology in the Middle East. This was helped by a Rigetti price target raise by an analyst. 10 stocks we like better than Rigetti Computing › The volatile, up-and-down nature of quantum computing stocks was strongly in evidence Wednesday with sector title Rigetti Computing (NASDAQ: RGTI). The company's shares lept 18% higher, on the back of a major quantum computing deal announced by a peer. An analyst's price target raise didn't hurt either. That raise absolutely crushed the S&P 500 (SNPINDEX: ^GSPC), which only crept 0.1% higher that day. That peer is Quantinuum, a company in which U.S. industrial giant Honeywell owns a stake. On Wednesday, Quantinuum announced that it is creating a joint venture with Qatar's Al Rabban Capital to develop that country's quantum computing capability. Quantinuum added that the Qatari state is to invest up to $1 billion over a 10-year stretch for the project, which includes not only expanding the technology, but training individuals to develop it. The announcement came in the midst of an official visit by President Trump to the Middle East; soon after the visit began, the White House enthusiastically touted a clutch of business deals freshly closed in the region by American companies. Among the businesses highlighted by the administration was Quantinuum. This was bolstered by the price target raise, which was enacted by Craig-Hallum analyst Richard Shannon. He pushed his Rigetti fair-value assessment up to $14 per share from his previous $12, and maintained his buy recommendation. The reasons for Shannon's move weren't immediately clear, although it's likely something of a reaction to Monday's first-quarter earnings release by the company. While investors were concerned with a notable year-over-year sales drop, on the positive side, Rigetti flipped to a net profit on the bottom line. Before you buy stock in Rigetti Computing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Rigetti Computing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $613,951!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $796,353!* Now, it's worth noting Stock Advisor's total average return is 948% — a market-crushing outperformance compared to 170% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 12, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Rigetti Computing Stock Blasted 18% Skyward Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
12-03-2025
- Business
- Globe and Mail
D-Wave Quantum (QBTS) Is About to Report Q4 Earnings Tomorrow. Here's What to Expect
D-Wave Quantum (QBTS) is scheduled to announce its results for the fourth quarter of 2024 on Thursday, March 13. The company develops quantum computing systems, software, and services. QBTS stock has rallied more than 192% over the past year but is down 36% year to date due to the rising competition in the quantum computing space and macro uncertainties. Analysts expect D-Wave Quantum to report an adjusted loss per share of $0.06 in Q4 2024 on revenue of $2.23 million. Optimize Your Investment Research with Spark Effectively assess a stock's risks and opportunities with a clear breakdown of its positive and negative factors. Uncover insightful assessments of a stock's market performance and potential with a comprehensive competitor analysis . In comparison, the company reported an adjusted loss per share of $0.06 on revenue of $2.9 million in the prior-year quarter. While D-Wave's bookings declined 22% in Q3 2024, the company said that it expects fourth-quarter bookings to improve on a sequential basis. D-Wave Quantum claims to be the world's first commercial supplier of quantum computers and the only company that builds both annealing and gate-model quantum computers. Analysts' Views Ahead of D-Wave Quantum's Q4 Earnings Analysts are upbeat about D-Wave Quantum's prospects due to the growing interest in the quantum computing space. Recently, B. Riley analyst Craig Ellis increased the price target for QBTS stock to $11 from $9 and reiterated a Buy rating. The five-star analyst believes that the addition of Microsoft's (MSFT) 'Quantum Ready' program to the Azure Quantum platform and the tech giant's belief that 2025 will be 'the year to become quantum-ready' could be potentially significant for the sentiment on the quantum computing sector. Further, on Monday, Craig-Hallum analyst Richard Shannon reiterated a Buy rating on QBTS stock, reflecting his confidence in the company's growth prospects. Options Traders Anticipate Major Move on QBTS' Q4 Earnings Using TipRanks' Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don't worry, the Options tool does this for you. Indeed, it currently says that options traders are expecting about 15.4% move in either direction in reaction to D-Wave Quantum's Q4 2024 results. Is QBTS Stock a Buy, Sell, or Hold? Wall Street has a Strong Buy consensus rating on D-Wave Quantum stock based on five unanimous Buys. The average QBTS stock price target of $8.63 implies 60.4% upside potential. See more QBTS analyst ratings Disclosure
