By Hannah Pedone and Victor Reklaitis
IBM looks like a focal point as the U.S. further backs domestic quantum-computing initiatives
Shares of IBM rose 5% on Tuesday after President Donald Trump signed executive orders on quantum computing.
President Donald Trump sold IBM's stock before taking office, which was "not a good move," he acknowledged on Monday.
Lately, Trump has become a fan of IBM (IBM) once more, praising not just the company but also CEO Arvind Krishna. Trump called Krishna a "great man" as he announced two executive orders Monday meant to help U.S. quantum-computing players enhance their capabilities. The IBM CEO was standing behind him at the Resolute Desk in the Oval Office for that moment.
