Honeywell’s Quantinuum inches closer to a pivotal step for investors

Honeywell’s Quantinuum inches closer to a pivotal step for investors

An under-the-radar part of Honeywell’s sprawling portfolio is inching closer to getting its day in the sun. Honeywell announced Thursday that its quantum computing company, Quantinuum, has raised another $600 million in funding at an approximately $10 billion valuation. The latest round, which doubles Quantinuum’s valuation of $ 5 billion last seen in January 2024…

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Blackstone is buying rental homes again. Here’s why

Blackstone is buying rental homes again. Here’s why

Blackstone is an American alternative asset manager with significant interests in rental housing. In recent years, the company spent billions acquiring brands such as Tricon Residential, American Campus Communities and AIR Communities. Blackstone’s rental housing portfolio contains apartment complexes, student housing, mobile home parks, and single-family rental properties. Many of their U.S. assets are concentrated…

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