US Stock Market Move | Partnering with HSBC to achieve the world's first financial market quantum empowering algorithmic trading, IBM stock (IBM.US) rose nearly 6%.

On Thursday, IBM (IBM.US) defied the trend and rose nearly 6%, marking its largest increase since April 9th, with a cumulative increase of 16% for the month, closing at $282.40. On the news front, on September 25th, HSBC announced on its official website that in collaboration with the IBM team, they had used a method that combines quantum and classical computing resources. Compared to traditional technologies commonly used in the industry, this method can increase the probability of predicting trades being executed at quoted prices by up to 34%. Philip Intallura, the head of HSBC's quantum technology, wrote, "This is a pioneering global first in the bond trading field. This means that we now have a tangible example demonstrating how quantum computing can solve real-world business problems on a large scale and provide a competitive advantage."