IBM, Zuckerberg's Meta AI team, McDonald's: Trending Tickers

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IBM (IBM) announced that it's building a new quantum supercomputer. IBM's Quantum Starling is set to launch in 2029.

Meta (META) CEO Mark Zuckerberg is reportedly personally staffing a new artificial intelligence (AI) team at Meta, according to reports from Bloomberg.

Redburn Atlantic analysts cut down their McDonald's (MCD) price target to $260 from $319 and downgraded the stock to Sell from Buy.

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It's now time for some of today's trending tickers. We are watching IBM, Meta, and McDonald's. First up, IBM says it's building the world's first large-scale fault-tolerant quantum computer. It'll be housed in the company's New York data center and have 20,000 times the computational power of today's quantum computers. The computer, which is called Starling, is set to launch by 2029. Next up here, Meta, creating a new AI team. According to reports from Bloomberg, CEO Mark Zuckerberg is assembling a team of experts to achieve artificial general intelligence. That's referred to internally as a super intelligence group. Zuckerberg reportedly aims to hire around 50 people for the new team, including a new head of AI research, almost all of whom he is recruiting personally. And finally, McDonald's getting a double downgrade at Redburn Atlantic, cut to sell from buy. Analysts also lowering the price target to 260 from 319, citing the threat from weight loss drugs. This was the third downgrade for McDonald's in the past several days, following cuts from Loop Capital and Morgan Stanley as well. You can scan the QR code below to track the best and worst performing stocks with Yahoo Finance's trending tickers page.