Tag Archives: JNPR

Why Arqit Quantum Rallied 26% Today

What happened

It took a while to get going, but Arqit Quantum (NASDAQ:ARQQ) shares finally took off following Wednesday morning’s news of a new business agreement. Namely, shares of the UK-based cybersecurity outfit ended today’s session 26.5% higher on the heels of an announcement that it would be exploring network security opportunities with Juniper Networks (NYSE:JNPR).

So what

If you’ve never heard of the company, don’t sweat it. Arqit Quantum has only been a publicly traded company since late last month when it combined with Centricus Acquisition,....More>>>

Dow Blitzes 24,000 on Tax Reform Hopes

U.S. equities surged higher on Thursday, pushing the Dow Jones Industrial Average up and over the 24,000 level for the first time. The catalyst was word irascible Senator John McCain (R-AZ) would support the GOP’s tax reform legislation.

While there are a number of other GOP senators that have voiced concern with the bill as written, this fueled hope tax cuts could actually happen before the end of the year.

But it was far from a “clean” rise, with a number of oddities in play from a rise in the CBOE Volatility Index to weakness in small-cap stocks and the jagged....More>>>