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Major US companies, including Micron Technology, Vanguard, and financial firms like Goldman Sachs and JPMorgan Chase, are contributing to Trump Accounts, a tax-advantaged child investment program. Eligible children born between 2025 and 2028 receive a $1,000 federal contribution, with employers and others adding funds. Micron committed $250 million, while other firms announced various matching programs and contributions.

US stock indices (Dow, S&P 500, Nasdaq) rose on September 3, driven by easing Treasury yields and Fed comments lowering rate hike expectations. Key gainers included Salesforce, Microsoft, and Meta. The 10-year Treasury yield fell to 4.752%. Oil prices surged to $97.62/barrel due to geopolitical tensions. Investors await upcoming inflation data.

Five companies are highlighted for their exposure to quantum computing: IBM (quantum R&D, 6.4% 2026 earnings growth), Microsoft (Azure, 9.1% 2027 growth), Alphabet (Google Quantum AI, 89.6% 2026 growth), Amazon (AWS, 82.2% 2026 growth), and NVIDIA (CUDA-Q, 93.3% 2027 growth).

IBM Ventures invested in BQP, a quantum software company, as part of an $8M funding round. BQP's software aims to optimize GPU compute for physics simulations, with applications in aerospace, defense, and EV battery management. The company claims significant revenue growth and expanded customer base since its 2025 seed round. IBM Ventures sees potential in BQP's ability to integrate quantum-accelerated methods into existing workflows.

IBM and Marafiq, a Saudi utility provider, will collaborate to modernize enterprise services using ServiceNow's AI platform. IBM Consulting will lead the implementation, aiming to improve efficiency and employee experience. Marafiq is listed on the Saudi Exchange (2083).

IBM Ventures invested in BQP, a physics acceleration firm, as part of an $8M funding round. BQP's software speeds up engineering physics calculations, with bookings rising 8x since 2025. The company's customers are primarily in aerospace and defense, and it plans to expand into EV battery thermal management in India.

Lending Labs launched its Ontoz platform on IBM Cloud, enabling banks to automate loan processes while complying with data-residency rules. The solution addresses regulatory barriers to AI adoption in lending, with features like AI autonomy control and in-country data processing. IBM and Lending Labs claim customers see productivity gains of 50% in underwriting and 30% in sales. Ontoz is now available for commercial use.

Accenture (NYSE:ACN) reported Q2 revenue of $18.72B, up 5.6% YoY, in line with expectations but missed guidance. IBM (NYSE:IBM) reported $17.16B, up 1.1% YoY, missing estimates by 1.5%. Kyndryl (NYSE:KD) reported $3.62B, down 3.3% YoY, missing revenue expectations but beating EPS estimates. ACN and IBM stocks are up 13.3% and 13.6% since reporting, while KD is down 8.5%.

IBM unveiled its next-gen z/Architecture at Hot Chips 2026, integrating both z/Architecture and ARM instruction sets. The design shares decode pipeline components but uses separate decoders for each ISA. IBM aims to leverage the ARM software ecosystem for mission-critical workloads and simplify workload consolidation.

IBM has completed its acquisition of HRL Laboratories, a research firm specializing in quantum computing and related technologies. HRL's expertise in silicon-spin qubits and quantum sensing is expected to enhance IBM's quantum hardware roadmap, supporting projects like the IBM Quantum Starling, a fault-tolerant quantum computer planned for 2029. Boeing and General Motors, HRL's former owners, will continue to collaborate with IBM and HRL on quantum applications.