Sep 23, 2026 · 6 min
Alibaba slides as quantum and travel stocks rally
Alibaba and KBHomes Fall; Royal Caribbean and IonQ Up
The episode shows how regulatory risk, technical breakthroughs, corporate deals, and cautious housing forecasts are reshaping individual stocks.
- 1Alibaba weakens as a reported Chinese data-security probe deepens uncertainty around Chinese technology stocks.
- 2IonQ draws investor attention after a reported real-time quantum error-correction breakthrough.
- 3Royal Caribbean rises on its planned $3 billion purchase of a 50% Sandals Resorts stake, while KB Home cuts its outlook despite beating expectations.
Don't miss
The episode contrasts KB Home’s earnings beat with a lower housing outlook and tighter potential margins, showing why good results can still send a stock lower.
The brief
Nathan Hager and Dan Curtis open Bloomberg’s market roundup as investors await Chinese President Xi Jinping, setting a tense backdrop for the day’s moves.
Alibaba falls as reports of a Chinese data-security probe involving DeepSeek and Moonshot AI add regulatory and geopolitical pressure to already weak sentiment.
Quantum stocks move higher on reported progress in real-time error correction, a technical advance that could address one of quantum computing’s central obstacles.
Royal Caribbean gains after agreeing to buy half of Sandals Resorts for about $3 billion, pairing cruise travel with all-inclusive Caribbean stays.
KB Home beats quarterly expectations but lowers the top end of its housing-revenue outlook and warns that gross margins could tighten.
What was said on this episode
15 statements · 8 positive · 5 negative · 1 mixed · 1 neutral
Sentiment toward Chinese stocks is weakening.
“sentiment in Chinese names is faltering”
Listen at 0:47
Alibaba ADRs are down 3% in premarket trading.
“Alibaba, the ADRs trade under BABA, is down 3% in the premarket”
Listen at 0:50
DeepSeek and Moonshot AI have moved sensitive data through Anthropic’s cloud models.
“the companies have been moving sensitive data through its cloud models”
Listen at 1:05
IonQ created a real-time quantum error-correction decoder running on one standard CPU.
“the company is reporting it's created its first end-to-end real-time quantum error correction decoder that runs on a single off-the-shelf CPU”
Listen at 2:03
Quantum error correction is essential for quantum computing.
“error correction is essential for quantum computing”
Listen at 2:14
IonQ shares are up 15% in premarket trading.
“That has IonQ up 15% in the premarket.”
Listen at 2:39
Rigetti Computing shares are up 6% in premarket trading.
“Rigetti Computing, RGTI, up 6%.”
Listen at 2:45
D-Wave Quantum shares are also up in premarket trading.
“Same for D-Wave Quantum, QBTS.”
Listen at 2:48
Royal Caribbean shares are up 2%.
“Royal Caribbean is up 2%.”
Listen at 3:08
Royal Caribbean agreed to buy half of Sandals Resorts for about $3 billion.
“Royal Caribbean has agreed to buy a 50% stake in Sandals Resorts for about $3 billion.”
Listen at 3:15
The Sandals deal will give Royal Caribbean access to Caribbean all-inclusive resorts.
“This will give the cruise operator access to the Sandals all-inclusive resorts across the Caribbean.”
Listen at 3:26
Royal Caribbean aims to combine cruises with resort stays.
“it's looking to combine cruises with a resort stay”
Listen at 3:31
KB Home lowered the upper end of its full-year housing-revenue forecast.
“the homebuilder lowered the upper end of its housing revenue forecast for the full year”
Listen at 4:04
KB Home may face tighter gross margins than previously forecast.
“potentially tighter gross margins than previously forecasted”
Listen at 4:14
KB Home beat earnings expectations, but net orders were below forecasts.
“the third quarter earnings came out with a beat, although net orders were softer than forecasted”
Listen at 4:20
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.