Medtronic announces MiniMed as name for planned New Diabetes Company
GALWAY, Ireland, June 12, 2025 /CNW/ -- Medtronic plc (NYSE: MDT), a global leader in healthcare technology, today announced MiniMed as the name for the planned New Diabetes Company following the intended separation. The name honors the company's roots, reflecting its original name prior to its acquisition by Medtronic in 2001, and a deep 40-year history of being at the forefront of transforming diabetes care around the world.
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Globe and Mail
an hour ago
- Globe and Mail
Will Quantum Computing Stocks Soar in the Second Half?
Quantum computing stocks skyrocketed in 2024, with names such as Quantum Computing and Rigetti Computing surging by more than 1,000%. Investors were eager to get in on what could become the next game-changing technology, and revenue growth as well as scientific progress from some of these quantum specialists boosted optimism. Even after those gains, it's very possible that quantum stocks will climb in the second half of this year, and here's why. Why investors buy quantum computing stocks So, first, a quick note about why investors see so much potential in quantum computing. This is because this type of computing, based on quantum mechanics, makes it possible to solve problems that today's classic computers can't handle. Quantum computing can do this by using qubits -- instead of the bits used by today's computers -- to store data. And while bits store and process data as zeros or 1s, qubits can represent a zero, a one, or both at the same time. This allows for tremendous scaling, and as a result, a problem that would take a classic computer 1,000 years to solve may take a quantum machine about five minutes. Right now, quantum companies offer hardware and services to customers, but we're still in the early stages of development. Experts have said that truly useful quantum computers are several years away. The good news is that this means these companies have plenty of room to run when it comes to revenue growth and share price performance. It's clear that if quantum companies reach their development goals, these computers could revolutionize many industries. Quantum stocks in 2024 and 2025 All of this helped quantum computing pure-play companies climb last year. The bull market and optimism about the economy ahead offered the perfect environment for growth stocks to excel. But in recent months, concerns about President Donald Trump's import tariff plan weighed on these players. The idea was that tariffs could lead to higher prices at home, prompting customers of quantum companies to rein in their spending. But over the past few weeks, progress in trade talks and even initial deals with the U.K. and China have made investors more optimistic about the future. And corporate earnings haven't suggested any slowdown in spending on technology -- in fact, companies continue to reiterate their commitments to such projects. This backdrop supports the idea of more gains for quantum companies in the second half, especially for certain players such as Rigetti and IonQ, which haven't yet fully recovered -- they're down 25% and 5%, respectively, year to date. And if they show some growth in revenue in the coming quarters, this could act as a positive catalyst for share performance, too. Can D-Wave keep soaring? But this doesn't mean that stocks that have continued to advance, such as D-Wave Quantum (NYSE: QBTS), which is heading for an increase of more than 80%, won't keep on rising. For example, D-Wave just recently released its Advantage2 quantum computer, which is accessible both on the cloud and on-premises. More than 20 million customer problems have been run through the prototype, and the company says the computer is now ready for use in areas such as materials simulation and artificial intelligence (AI). Uptake of this new platform and further revenue gains -- D-Wave's revenue last quarter soared 500% to a record $15 million -- could offer this highflier an additional boost. Of course, it's important to keep in mind that these pure-play quantum companies aren't yet profitable and are involved in a relatively new, cutting-edge technology, and that involves some risk. Any economic headwinds could hurt investors' appetite for these sorts of players. These companies depend on a strong economy, as this increases the likelihood that potential customers will spend on their products and services. And investors generally feel more comfortable getting in on growth stocks when the economy is thriving. So, the economic situation in the second half could determine the near-term direction of these players. But right now, there's reason to be optimistic that the U.S. trade talks, along with some better-than-expected economic data, signal better days ahead -- and that the worst-case scenario of a recession and tough times for corporate earnings will be averted. With this in mind, quantum computing stocks could be set to soar in the second half as investors look to get in on the next big technology that could deliver explosive returns. Should you invest $1,000 in D-Wave Quantum right now? Before you buy stock in D-Wave Quantum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and D-Wave Quantum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor 's total average return is994% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
Globe and Mail
5 hours ago
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Bitget Partners with MotoGP for a High-Speed Collision of Tech and Speed
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CTV News
5 hours ago
- CTV News
Lemonade stands to selling toys: A Belle River family fights ‘king' of cancers
Landon Bevan, 6, and members of his family organized a lemonade stand in Belle River on June 21, 2025 to raise funds for their Grandpa's pancreatic cancer treatment. (Robert Lothian/CTV News Windsor) In a day of blistering heat, six-year-old Landon Bevan was all smiles as he stood on his driveway handing out lemonade; after all, he knew it was for an important cause. Bevan and his brother Rhyen crafted the idea to host a lemonade stand in an effort to help their grandpa, Roy Knight, pay for medical treatment for pancreatic cancer. 'We had to, like, pull up the tents and put the balloons on the side of the garage,' Landon explained. 'I made a couple of the signs that my mom stuck into the ground.' The aspiring doctor also pitched ideas to create a stand where he tells jokes for money, or even sell his toys if need be. 'He's pretty smart for a six-year-old,' Knight said with a smile. Throughout Saturday afternoon, visitors stopped by the Belle River home to grab a lemonade or a raffle ticket. Funds support Knight's efforts to travel to Florida and receive NanoKnife surgery, a form of treatment not regularly offered in Canada. The stay is estimated to cost about $80,000. While Knight is seeking community help to try and prolong his life, Roy and his daughter Ashley Bevan believe his story shines a spotlight on the need for added pancreatic cancer research and support in healthcare. Treatment In Canada, pancreatic cancer is often treated by chemotherapy, radiation, or the Whipple procedure. Knight began chemotherapy in the days after receiving the diagnosis in February and has been seeing medical experts in London. 'Chemo really takes a toll on somebody, you know, out of the two weeks, I only have four good days in those two weeks,' Knight explained. Since his diagnosis, Knight has stayed with Ashley, a nurse practitioner, to ensure he was receiving the care he needed. 'Having pancreatic cancer is awful,' Ashley said 'Hearing that that's the cancer that it is, knowing that it's the king of all cancers.' Through countless hours of reading, she learned it's 'very muddied waters' when it comes to pancreatic cancer research and treatment. According to the Canadian Cancer Society, in 2024 pancreatic cancer was expected to be the third most deadly form of cancer in the country. 'There really does need to be more research done on pancreatic cancer treatment guidelines,' Ashley said. The family learned of 'NanoKnife,' a treatment which uses pulses of electricity to destroy cancer cells without damaging nearby organs and cells, per Ontario Health. Currently, the procedure is used in Canada for prostate cancer. However, the surgery is not regularly available in Canada for pancreatic cancer, and Bevin said clinical trials require requests from Canadians. 'When I asked, how do we request them to do a research trial? [The research coordinator] said, there needs to be a need and that the public needs to ask for it,' she noted. The family wants to see the treatment reconsidered for clinical trials, and if successful, used as a regular response to pancreatic cancer. 'I think to myself like we're just one family of many who are going through this exact thing,' Ashley said. Diagnosis Ahead of his cancer diagnosis, Knight said he spent many months with abdominal pain. He went to an emergency room on multiple occasions, but the cancer was not detected until they urged medical officials to do a biopsy. 062225 From left, Ashley Bevan, Landon Bevan, and Roy Knight spoke to CTV News about the need for more cancer research and treatments in Canada. (Robert Lothian/CTV News Windsor) 'They assured us that it was not cancer. Then we got the call on his birthday that it was,' Ashely said. The family wants to see more procedures and resources available to ensure Canadians have access to screening processes, which could help lead to early detection for some forms of cancer. As for Knight's surgery, they've tentatively set it for July 24th in Florida, pending they raise enough money. 'You know you just want to go on as long as you can, and hopefully this NanoKnife helps to see the kids grow up,' Knight said.
