IBM Research head expects one or two clear winners to emerge in the quantum computing race.

SpaceX shares extended premarket losses, slipping as much as about 5% to roughly $147 — below their IPO first-day open of $150 — putting the company's market value on track to fall under $2 trillion. After three straight sessions of declines, SpaceX has lost more than $600 billion of market value; Monday alone erased about $400 billion, the second-largest single-day U.S. market-cap decline on record after NVIDIA's roughly $590 billion drop last year. SpaceX said it will issue investment-grade bonds, with the initial offering expected to raise at least $20 billion, a move market participants view as the start of large-scale financing for its AI ambitions. In recent months Alphabet, Amazon, Meta Platforms and Oracle have raised hundreds of billions of dollars of debt across multiple credit markets.

GigaDevice A-shares hit the daily limit-up at the close; turnover exceeded CNY 39.0 bln. GigaDevice H-shares (03986.HK) rose 9.56%.