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The valuation would make Elon Musk’s company the seventh- biggest in the U.S. and above Tesla, which has a market cap of about $1.6 trillion.

And that’ll do it for Aryna Sabalenka at Roland Garros.The No. 1 player in the world bowed out of the French Open on Wednesday in stunning fashion after appearing to be cruising into the semifinals of the Grand Slam.After winning the opening set against Russia’s Diana Shnaider 6-3, Sabalenka grabbed a 5-3 lead in the second set, needing to win just one game to punch her ticket into the semifinals. The match felt entirely wrapped up for the Belarusian, but then came the shocking meltdown.ZERO BS. JUST DAKICH. TAKE THE DON’T @ ME PODCAST ON THE ROAD. DOWNLOAD NOW!Shnaider somehow managed to claw back and pick up the second set 7-5, and with every ounce of momentum on her side, she stared down the top player on the planet in the deciding third set and didn’t lose a single game.One of the key turning points of the match came in a deuce situation in the second game of the third set, with Sabalenka holding serve.After Sabalenka managed to squeeze a forehand over the net, Shnaider got to the ball and left her opponent completely flat-footed on the service line. The four-time Grand Slam winner was left shocked by the shot Shnaider pulled off, and simply threw her hands up in the air in disbelief.Shnaider, who played collegiately at NC State before turning professional in 2023, will play in the first Grand Slam semifinal of her career against Poland’s Maja Chwalinska.The Russian, ranked 23rd in the world, will be the favorite, with a spot in the finals on the line, while Chwalinska is ranked outside the top 100.AFTER DJOKOVIC’S HISTORIC LOSS, ROLAND-GARROS WILL CROWN A FIRST TIME MAJOR CHAMPION IN YEARSWhile Shnaider’s victory over Sabalenka is a profound upset, shocking results have been a theme for the 2026 French Open.On the men’s side, World No. 1 Jannik Sinner lost in the second round to Argentina’s Juan Manuel Cerundolo despite taking the first two sets of the match.The best-seeded player left on the women’s side is No. 8 Mirra Andreeva, while No. 2 seed Alexander Zverev is the favorite to win the men’s side ahead of his semifinal matchup.

President Donald Trump said during an interview Wednesday that Iran had “already agreed” to not having a nuclear weapon.”I did have to say we have to do something about Iran, because regardless of how well we’re doing, we can’t let them have a nuclear weapon,” he said during an interview on The New York Post’s “Pod Force One” podcast. “They’ve already agreed they’re not going to have a nuclear weapon.”Host Miranda Devine pressed further on his statement and Trump added, “Oh yeah, they’ve agreed to that.”However, the president acknowledged Iran could always change its mind.WH MAINTAINS TRUMP CONSISTENT IN FIRM STANCE ON IRAN NUKES — AND SHOWS OFF RECEIPTS”I mean, now they can change their mind, but that was one of the things they’ve had to agree, they’ve agreed to that. That was the big thing,” he said.Devine also asked Trump about reporting by Axios that he got angry with Israeli Prime Minister Benjamin Netanyahu. The outlet reported that the president said, “‘Are you f—ing crazy? What are you f—ing doing? I helped you stay out of jail.’”Trump said he did speak to Netanyahu in those terms.”I wouldn’t say angry. I was a little bit perturbed at his constantly fighting with Lebanon,” he said. “You know, at some point I said, ‘Bibi we gotta stop this, we gotta stop it.’” “But I have a very good relationship. We’ve done well together. He always says we could never have done it, but everybody knows that we could have never done it without the United States. But we’ve worked very well together,” Trump added.TRUMP INSISTS IRAN TALKS ARE ON, SAYING DEAL IS ‘NOT A SIMPLE THING’Trump denied reporting that talks with Iran were no longer happening on Tuesday, writing on Truth Social, “Fake News Reports that the Islamic Republic of Iran, and the U.S.A., stopped speaking a few days ago are false and erroneous. The conversations between us have been going on continuously, including four days ago, three days ago, two days ago, one day ago, and today.””Where they lead, one never knows, but as I told Iran, ‘It’s time, one way or another, for you to make a Deal. You’ve been doing this for 47 years, and it cannot be allowed to go on any longer!'” he added.CLICK HERE FOR MORE COVERAGE OF MEDIA AND CULTURE

In what has to be one of the most awkward public moments in recent history, former President Joe Biden, 83, hijacked his wife Jill Biden’s debut book event Tuesday night, wandering up to the stage uninvited to ask her, in front of a live audience, “Who do you love most in the whole world?”
The cringe-inducing scene took place at the 92nd Street Y on Manhattan’s Upper East Side during a Q&A session promoting Jill Biden’s new memoir, A View from the East Wing.
The event, moderated by The View co-host Whoopi Goldberg, was meant to celebrate the former First Lady’s reflections on her time in the White House.
Instead, it turned into yet another spotlight-stealing display from the likely senile former president.
Jill Biden, 75, had just wrapped up the discussion when an audience member submitted a comment thanking Joe Biden for his service.
Jill stood and led the room in a standing ovation for her husband, who was seated in the audience.
That’s when Biden decided the moment was all about him.
Without a microphone and flanked by security, Biden left his seat, strolled to the edge of the stage, and interrupted the event by declaring, “I have a question,” according to a report from the New York Post.
“Joe has a question, like you couldn’t ask it later?” Jill fired back.
“Who do you love most in the whole world?” Biden responded, clearly not taking a hint.
“Whoopi,” Jill replied, prompting laughter from the likely-uncomfortable audience.
Biden, apparently unhappy with the response, just stared at her with his mouth agape.
“I love you most, Joe. Was that it? Was that the answer he wanted?” Jill said.
“It’s overwhelming, isn’t it?” Biden replied, still speaking without a microphone.
Jill kept the banter going, joking that she likes to keep him guessing, “Overwhelming, well, that’s what keeps him on his toes. He’s never 100% sure. I always keep him guessing, is that not true?”
At that point, Biden lowered his head and made the sign of the cross, a move that only added to the surreal atmosphere.
Goldberg tried to steer things back on track, urging the audience to buy Jill’s book. But Biden wasn’t done.
Biden pointed and began promoting his own upcoming memoir, “My book, which comes out in September, read it…”
A crew member finally handed him a microphone.
Jill, clearly trying to regain control of her event, joked, “Do I have to remind him that this is my event?”
Biden didn’t stop.
“The only thing that Jill does better than write [is], she’s a beautiful woman,” he said.

 

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Earlier in the talk, Jill reportedly spoke about Joe’s Stage IV prostate cancer diagnosis in May of last year, which had already spread to his bones.
She noted he completed radiation therapy in October and said, “You see Joe here tonight, he looks handsome as ever … but you know, cancer drugs, cancer treatments have those consequences, and those consequences are pretty tough.”
The Gateway Pundit will update this article if the video of the interruption is made public online.
The post A Very Confused Joe Biden Crashes Jill’s Book Event, Steals Spotlight in Extremely Pathetic and Uncomfortable ‘Who Do You Love Most?’ Moment appeared first on The Gateway Pundit.

Los Angeles Mayor Karen Bass will be part of a runoff election in November while the president’s pick for Iowa governor lost his primary.

Quantum Computing: Hype Or The Real Deal?

Authored by Michael Lebowitz via RealInvestmentAdvice.com,

The word “quantum” is defined as “an amount,” with its Latin root meaning “how much.” In physics, a quantum is the smallest discrete unit of any physical property. The adjective form, as in “quantum leap,” describes a sudden, significant, and fundamental change. It is also a perfect adjective for coining the next potential technological innovation—quantum computing.

Quantum computing is being hailed as the next technology to revolutionize computing, following in AI’s footsteps. The headlines below, though confusing for non-quantum experts, are quite impressive:

Google Unveils ‘Mind-Boggling’ Willow Chip, Solving 10-Septillion-Year Problem in Minutes

World’s First 10,000-Qubit Processor Achieves 100x Leap in Qubit Count

JUPITER Supercomputer Breaks World Record with 50-Qubit Quantum Simulation

Caltech Physicists Build Massive 6,100-Qubit Neutral Atom Array

A Photon Was Teleported Across 270 Meters in Stunning Quantum Breakthrough

But promising headlines loaded with industry jargon have a long history of appearing well ahead of reality. Accordingly, let’s better understand what quantum computing is, why it matters, and whether the hype is justified and worth investing in.

Classic Computing & Moore’s Law

To understand quantum computing, we need to first understand what bits are.

Every classical computer, from your smartphone and the laptop on your desk to El Capitan, the world’s most powerful supercomputer, operates using bits.

A bit is the fundamental unit of information: it is either a 0 or a 1. Every email you send, video you stream, and game you play is the result of billions of 0s and 1s switching on and off.  Over the last 50+ years, innovations have continually optimized the performance of these binary operations. However, continuing down this path becomes increasingly harder.

Moore’s Law describes computing innovation, while the law’s limits best describe the problem. Moore’s Law states:

The number of transistors on a microchip doubles roughly every two years, while the cost of computers is cut in half.

As the graph below shows, Moore’s law has resulted in exponential growth in computing power at increasingly lower costs. Note that the y-axis is on a log scale, with each tick representing a 100 times improvement in computing power per dollar.

The problem with Moore’s law is that it is limited by physical barriers. Specifically, the ability of chip manufacturers to continually shrink transistors. While there have been many innovations that extend the lifespan of Moore’s Law, the limits dictated by physics are becoming harder and more expensive to overcome.

Quantum Bits

Quantum computing takes a fundamentally different approach than the binary bits used by classical computers. Instead of bits, it uses quantum bits, or qubits.

Unlike bits, which exist only as a 0 or a 1, a qubit can be a 0 and 1, but it can also exist in three additional properties as follows:

Superposition: A qubit can exist as a 0 and a 1 simultaneously, allowing a quantum computer to explore multiple solutions at the same time.

Entanglement: Two qubits can become linked such that the state of one instantly determines the state of the other, regardless of the distance between them.

Interference: Quantum algorithms exploit wave-like behavior to amplify correct answers and cancel out incorrect ones, steering the computation toward the right result.

Confusing? Absolutely, but the critical takeaway is relatively simple.  Quantum computing doesn’t process information sequentially. Instead, it explores many possible solutions simultaneously.

To help better appreciate the difference, let’s consider the task of solving a maze. A classical computer will try one path and, if it fails, try a second, third, fourth, and so on, until it stumbles upon the correct one. A quantum computer explores all possible paths at the same time, thus finding the correct path much more quickly.

For certain applications, such as cryptography, drug discovery, materials simulation, and financial optimization, where the number of potential “paths” is astronomical, quantum computing can significantly reduce computation time. To wit, consider the stunning quote below, courtesy of the New York Times:

Excitement Vs. Reality

Now we must quell the excitement and explain why patience is warranted.

Traditional bits, 0s and 1s, are robust. For instance, they operate efficiently regardless of room temperature or vibrations, like a Wi-Fi signal.

Conversely, qubits are fragile and need to be isolated from the outside world. Any contact with its environment, even something as subtle as a slight temperature change or a vibration, causes it to behave like a classical bit and lose its quantum characteristics.

Accordingly, quantum processors are cooled to temperatures near absolute zero, roughly -460 degrees Fahrenheit. For context, that is about 100 degrees Fahrenheit colder than Pluto’s typical temperature range.

To overcome these obstacles, they are housed in elaborate dilution refrigerators and shielded from interference. Even with these expensive controlled conditions, qubits can make errors at rates that would be unacceptable in classical computing.

Quantum Reliability

The quantum industry measures progress toward reliability using the ratio of logical qubits to raw physical qubits.  A logical qubit is one that has been error-corrected to behave reliably, as opposed to a raw physical qubit, which is prone to mistakes. It currently takes somewhere between 1,000 and 10,000 physical qubits to produce a single reliable logical qubit. To put that in perspective, useful quantum computing requires thousands of logical qubits. Therefore, the total physical count of qubits needs to be in the tens of millions.

Increasing the number of logical qubits is a massive task that engineers are working to overcome.  Accordingly, many researchers think that fault-tolerant machines capable of solving real-world problems are still many years away.

The challenge in building qubits lies in two competing demands. They need to be isolated from the environment to maintain superposition and entanglement. But at the same time, practical enough to build, control, and scale into the millions needed for a useful computer.

No one has figured out the best way to build a qubit; accordingly, scientists are at various stages of developing numerous qubit types.

The graphic below, courtesy of Aliro, summarizes three approaches.  

The answer may be that a hybrid approach or something not yet in development overcomes these challenges.

Investing In Quantum

Despite the potentially long timeline and technological hurdles, the industry is making substantial progress. Accordingly, the investment possibilities are slowly coming into focus.  To help you get started with your research, we provide a snapshot of the publicly traded quantum computing companies.

Keep in mind that IBM, Alphabet, and Microsoft are large companies with numerous streams of substantial revenue. While those cash flows help fund quantum R&D, the ultimate impact of quantum computing on their bottom lines will be diluted by other business lines. IonQ, D-Wave, and Rigetti are quantum-centric companies. Any significant breakthroughs could be extremely valuable to shareholders. However, while they have some revenue to fund R&D, they will be much more dependent on debt and dilutive equity offerings. 

IBM (IBM)

IBM is arguably the most experienced builder in the field. Its Quantum roadmap continues to evolve. The 2026 roadmap below, courtesy of IBM, shows the company is targeting fault-tolerant systems with thousands of logical qubits by 2033. IBM is not solely a quantum computing company. Cash flows from its mainframe and hybrid cloud businesses help fund quantum research and development.

IBM has actively researched quantum computing since the 1970s and launched the IBM Quantum Platform, the first accessible quantum computer on the cloud in 2016. Their long-term commitment and prior successes provide them with a knowledge and infrastructure advantage over their competitors.

Hot off the presses: IBM and the US Commerce Department announced the US’s first purpose-built quantum foundry, supported by a proposed $1 billion chips grant. The funds are part of a $2 billion total going to nine quantum computing companies.

Google (GOOG)

Google achieved one of the field’s most important milestones in December 2024 when its Willow chip surpassed a key threshold. The chip demonstrated what the company called below-threshold quantum error suppression, meaning that adding more qubits reduced error rates rather than compounding them as was the case. In October 2025, Google announced “verifiable quantum advantage,” claiming its Willow chip completed a specific algorithm roughly 13,000 times faster than classical supercomputers. Google’s deep integration with DeepMind and its classical AI capabilities gives it a unique hybrid research platform.

Microsoft (MSFT)

Microsoft has pursued a different technical path, betting on topological qubits. While these qubits are much more stable than those in other approaches, they are incredibly difficult to create and verify in a laboratory setting. Microsoft released its first topological qubit chip in early 2025. Azure Quantum, its cloud platform, has become an important interface layer connecting users to multiple quantum hardware providers, including IonQ and Quantinuum.

IonQ (IONQ)

IonQ is the most prominent pure-play quantum company in the public markets. Rather than producing superconducting qubits, IBM and Alphabet’s approach, IonQ uses trapped-ion technology, in which individual ytterbium ions serve as qubits. The approach runs more slowly but is generally more accurate. In 2025, IonQ became the first quantum company to exceed $100 million in GAAP revenue. It has also been aggressively acquisitive, purchasing Oxford Ionics for approximately $1.1 billion and adding quantum sensing and networking capabilities through several smaller deals.

D-Wave (QBTS)

D-Wave takes a narrow but commercially pragmatic approach. Rather than pursuing universal quantum computing, D-Wave specializes in quantum annealing, a technique to optimize problems in logistics, supply chains, and scheduling. Its products may appeal to a relatively small number of clients, but it is the one generating the most near-term commercial traction. D-Wave’s Advantage systems are in active production use with real enterprise customers today, not just in a lab.

Rigetti Computing (RGTI)

Rigetti is a smaller pure-play competitor focused on superconducting systems. Its Ankaa-3 processor has shown improved interconnect performance. It has faced financial pressure, but it retains a dedicated engineering team and a growing cloud customer base.

Summary

The quantum computing story is real. The question is not whether we will see quantum computers widely used, but when. The underlying physics is sound, the engineering progress is documentable, and the potential applications are significant.

The investment case requires patience and a realistic view of the potentially long timeframe. By most industry estimates, fault-tolerant quantum computing capable of broadly outperforming classical computers on a commercially viable basis is, at least, a decade away. The companies best financially positioned to survive that long a wait are those with diversified revenue streams (IBM, Alphabet, and Microsoft) or near-term niche players like D-Wave.

Given the long development time horizon, the associated financial burden, and the uncertainty about which qubit types and companies will be the winners, we recommend a portfolio approach. A diversified approach ensures greater stability and improves the odds of success. Last, and maybe most important, patience is required, as quantum computing companies, especially the smaller ones, are likely to have fits and starts as they progress.

Views expressed in this article are opinions of the author and do not necessarily reflect the views of ZeroHedge.

Tyler Durden
Wed, 06/03/2026 – 11:15

Caleb Williams will grace the cover of this year’s edition of the Madden NFL video game.”Madden NFL 27″ will have a photo of what’s become the signature play for the Chicago Bears quarterback: a wild jump throw.The photo of Williams mimics his remarkable fourth-and-8 pass to Rome Odunze against the Green Bay Packers in the NFC Wild Card round that helped the Bears secure the victory.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COMWilliams is the first Bears player to appear on the cover.BEARS’ CALEB WILLIAMS SHARES POWERFUL MESSAGE ON PAINTED FINGER NAILS BEFORE SEASON OPENER VS VIKINGS”When I received the call from Madden, it was like my childhood dream was coming true. Being on the cover of ‘Madden NFL 27′ is a full-circle moment,” Williams said, via ESPN.”I grew up playing Madden and imagining what it would be like to be part of the game. I know fans are going to love what’s new in this year’s game, and I’m looking forward to getting my rating up to a 99 by the end of the season.””Caleb Williams is what a true face of the franchise looks like — the culmination of many moments in the Chicago Bears’ incredible history that has led them to their electric, generational quarterback,” said Evan Dexter, EA Sports’ vice president of franchise strategy and marketing. “Madden NFL 27 aims to put more of those critical moments and key management decisions, with meaningful consequences that echo across the NFL, in the hands of our players so that they can build a league that’s truly their own. Just like Caleb, the future of football in ‘Madden NFL 27’ is thrilling and more dynamic than ever before.”The 2024 first overall pick is entering a pivotal third season after starting to live up to his draft stock last season, so surely Bears fans would like their quarterback to avoid the “Madden Curse.”Earlier in the 21st century, cover athletes for the game often had tumultuous seasons immediately after. Dante Culpepper (2001), Donovan McNabb (2006), Shaun Alexander (2007) and Vince Young (2008) are some of the most notable examples.The curse has been lifted in most recent years, but in 2024, when Christian McCaffrey graced the cover, he played in just four games. Saquon Barkley was on the cover last year after posting a 2,000-yard season in his Super Bowl campaign, but he took a step backward as well.Williams is still looking to become the first Bears quarterback to throw for 4,000 yards, but his 3,942 yards last year were the most in franchise history. He threw 27 touchdowns against just seven interceptions while also running for three more scores.The game will be released on Aug. 13.Follow Fox News Digital’s sports coverage on X, and subscribe to the Fox News Sports Huddle newsletter.

Disgrace former 60 Minutes Correspondent Scott Pelley. Credit: 60 Minutes YouTube screenshot
Fired 60 Minutes propagandist Scott Pelley has responded furiously to his termination, and it’s the equivalent of the pot calling the kettle black.
As The Gateway Pundit reported, CBS News fired Pelley on Tuesday night, a day after he blasted editor-in-chief Bari Weiss and accused her of trying to ‘murder’ the show.
Then, newly appointed “60 Minutes” executive producer Nick Bilton told Pelley in a scathing letter that he was fired “for cause, effective immediately.”
“You hijacked my first meeting with staff to disparage me, my qualifications, and my intentions with remarkable incivility and contempt, Bilton wrote.
“I am here to deliver first-in-class news programming, not to make headlines about newsroom drama, he added. “Your antipathy to the future of the show has come through loud and clear. And I have heard you.”
On Wednesday, Variety obtained Pelley’s response. As one will see, he is living in another world.
Here is the statement:
For my part, new management has instructed me to inject falsehoods and bias into a politically sensitive story. I’ve been told to include assertions that are unverified.
To date, in every case, I have managed to ignore these instructions or refuse them. Recently, politicians have been invited to choose correspondents for interviews on the broadcast. Giving politicians control over 60 Minutes interviews is not how this is done.
Finally, incompetence and unprofessionalism in the new management have wreaked havoc. In a case involving one of my stories, the entire program came within 19 minutes of not getting on the air at all.
What makes this statement so ironic is that Pelley is the very definition of a lying propagandist.
Just last May, he gave a hateful, falsehood-filled graduation speech at Wake Forest University. Unsurprisingly, the focus of his rage was President Trump.
Courtesy of Newsbusters, here were the lowlights of the speech:
Scott Pelley gave a commencement address at Wake Forest University that seethed with implicit hate for President Trump and the MAGA movement, telling graduates “freedom of speech,” “journalism,” “our sacred rule of law,” and “universities” are all “under attack” with “an insidious fear” permeating American “businesses,” “homes,” “school[s],” and even “private thoughts.”
Pelley encouraged graduates to rise up, comparing them to Unionists fighting the Confederacy, the Allies fighting the Nazis, and the civil rights movement standing up to segregationists. So, to make sure we’re all on the same page, Pelley believes Trump and tens of millions of supporters are akin to Confederates, Nazis, and segregationists (so the Ku Klux Klan)…
This led right into the first meltdown about America “need[ing] you” because the country has moved away from a mindset in which “[r]easonable people [can] differ about the life of our country,” instead of “demonize” and “destroy.”
WATCH:

Pompous CBS journalist Scott Pelley closed his commencement address at Wake Forest by telling graduates they “are the fierce defenders of democracy, the seekers of truth,” and “the vanguard against ignorance” that’s taken over the country (i.e. Trump).
He added: “In a moment… pic.twitter.com/EzFV79yJRR
— Curtis Houck (@CurtisHouck) May 23, 2025

The post Deranged Former “60 Minutes” Hack Scott Pelley Issues a VERY IRONIC Statement in Response to His Firing from CBS appeared first on The Gateway Pundit.

Note: The information provided here or in any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice. Gateway Pundit benefits from purchases made through our sponsors.

(Note: If you want to know which chipmaker could be the next NVIDIA, just ask Jeff Brown. He knows more about AI chips than practically anyone on the planet — Thanks to his senior executive roles at Qualcomm, Juniper Networks, and NXP Semiconductors…And Jeff just uncovered that one tiny chipmaker — 148 times smaller than NVIDIA — is set to provide Musk 5 billion chips in the next two years alone. Click here for the full story or read more below.)

By Jeff Brown
If you want to see NVIDIA and Musk’s next big bet…
Take a look at this:

Insane, right?
I call it “Orbital AI.”
The video you just saw is proof of concept…
But according to an FCC filing I just uncovered…
There’s about to be a fleet of 1 million more units just like it.
And Wall Street insiders say “Orbital AI” is about to unleash a $12.8 trillion wealth explosion.
Just think about that.
That’s more than the value of NVIDIA, Tesla and SpaceX… COMBINED.
Yet almost nobody has heard of this new technology…
And here’s what I’m most excited about:
One tiny supplier creates a “master key” component that all 1 million units require to function.
The company is 148X smaller than NVIDIA…
But, thanks to a shocking announcement…
It could soon be as well-known as NVIDIA itself.
Click here to see all the details before the markets catch on.
The post NVIDIA and Elon’s Strange Space Bet appeared first on The Gateway Pundit.