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.
Featuring
Moonshot
Xi JinpingListen to the full episode and explore every guest, topic, and moment on PodLume.