In a significant diplomatic move, Russia released American teacher Marc Fogel from detention, negotiated by Donald Trump’s special envoy Steve Witkoff, as a goodwill gesture to aid talks to end the war in Ukraine. Fogel, detained since 2021 on drug charges, was returned to the US after a secret deal brokered by Witkoff, prompting praise from the White House and Fogel’s family for Trump’s leadership in securing his release. Ukrainian President Zelenskyy expressed readiness for meetings with US representatives, as Trump announced plans to send his Treasury secretary to Ukraine to discuss natural resources and ending the conflict, emphasizing the urgency of ending the war.
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Why IonQ Stock Soared 47% in May
Shares of IonQ (NYSE: IONQ), a quantum computing developer, saw a significant rise of 47% last month, driven by positive coverage in Barron's that positioned the company as "the Nvidia of quantum computing." The stock's increase coincided with earnings that met expectations, benefiting from a market shift away from concerns about a trade war and economic downturn. However, after the initial surge following the May 22 Barron's report, IonQ's shares experienced a decline as enthusiasm...
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