NASDAQ:WIMI

WiMi Surges After Quantum AI News, Traders Watch Next Moves
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WiMi Surges After Quantum AI News, Traders Watch Next Moves

WiMi Hologram Cloud shares closed up 1.86% at $1.64 Thursday after announcing research into a quantum-computing optimization method. Trading volume was 275,550 shares, below average. The update came as quantum stocks rallied on news of a potential $100 million U.S. government investment in D-Wave Quantum. WiMi did not announce any commercial launch or customer deals.
May 22, 2026

Stock Market Today

  • Guzman Y Gomez Shares Plunge 37% but Show Strong Growth Prospects
    May 29, 2026, 9:18 PM EDT. Guzman Y Gomez Ltd (ASX: GYG), an Australian Mexican restaurant chain, has seen its shares fall over 37% in the past year and more than 55% since December 2024. Despite the volatility, the company has ambitious growth plans, aiming to expand its Australian restaurant count from 242 to 1,000 within 20 years. It reported 20% network sales growth and 6.6% comparable sales growth in Australia in Q3 FY26, with underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) expected to rise 29% year-on-year to about AUD 85 million. Asian operations, particularly in Japan and Singapore, are growing at 15% per year but remain a small portion of total sales. Rising profit margins could further boost future earnings, making GYG a notable opportunity outside the volatile tech sector.