KINGSTON, R.I. — Quantum physics, long confined to laboratories and advanced mathematics, stepped into the spotlight here Friday as the University of Rhode Island hosted its fifth annual World Quantum Day event, drawing elected officials, tech executives, students and members of the public into conversations that blended qubits with culture, ethics and everyday life.
World Quantum Day
The free, public gathering on the university’s Kingston campus from noon to 6 p.m. on April 10 turned complex science into accessible dialogue, just days before the global observance of World Quantum Day on April 14. Organizers from URI’s Department of Physics described the event as a deliberate effort to demystify quantum technology and its growing role in computing, national security and society.
U.S. Sen. Jack Reed, D-R.I., opened the program with remarks and a tour of the future Quantum Computing and Technology Laboratory in the Fascitelli Center for Advanced Engineering, scheduled to open in 2028. The facility will include a low-temperature lab, clean room and controlled unclassified information area to support quantum research.
“I anticipate the capability being established here at URI will set a solid foundation for state leadership in quantum computers and quantum technology,” Reed said. “As with our other technological advances, the best path forward is a partnership between government, industry and academia, and we’re seeing that partnership today.”
Reed, a senior member of the Senate Appropriations Committee, secured a $1 million federal earmark in 2021 to launch URI’s Quantum Information Science Research Initiative. The funding has supported workforce development and research aligned with the National Quantum Initiative Act, he noted, underscoring quantum technology’s importance for economic competitiveness and defense.
Advertisement
Rhode Island State Sen. Victoria Gu, D-Westerly, chair of the Senate Committee on Artificial Intelligence and Emerging Technologies, also addressed the crowd. With a background in software engineering and data science, Gu focused on responsible innovation and Rhode Island’s potential role in the quantum economy.
The lineup featured industry leaders including Ishann Pakrasi of Amazon Web Services, URI alumnus Christopher Savoie ’92, founder of SiC Systems, and Charles Robinson of IBM. Keynote speaker Prof. M. Suhail Zubairy, Munnerlyn/Heep Endowed Chair in Quantum Optics at Texas A&M University, delivered remarks on quantum optics, laser physics and quantum informatics. Zubairy, author of textbooks including “Quantum Optics” and “Quantum Mechanics for Beginners,” is a fellow of the American Physical Society and recipient of the Willis E. Lamb Award.
Discussions ranged from post-quantum encryption — critical as quantum computers threaten current cybersecurity — to the nature of reality itself. Panels explored “quantum computing in the arts” and societal guardrails for the technology, explicitly linking physics with humanities and social sciences.
That interdisciplinary focus culminated in a major announcement: a new quantum-humanities mini-grant program sponsored by AWS and URI’s Institute for AI and Computational Research. Open to undergraduate and graduate students across all disciplines — not just STEM — the program offers $1,000 to undergrads (plus $250 for faculty advisors) and $2,000 to grads (plus $1,000 for advisors). Winners gain access to AWS’s Amazon Braket quantum computing service to develop algorithms and simulations.
Advertisement
Applications are due May 1, with awards announced May 7. Recipients will present their work at next year’s World Quantum Day.
Physics Department Chair Leonard Kahn said the grants aim to produce “roadmaps for those developing quantum computing to better harness our products for the benefit of society.”
The event’s public format — held in East Hall and the Fascitelli Center — reflected World Quantum Day’s broader mission. Launched by quantum scientists from more than 65 countries, the annual April 14 celebration marks the first digits of Planck’s constant (4.14), a cornerstone of quantum mechanics. Following the 2025 International Year of Quantum Science and Technology, organizers worldwide are emphasizing outreach to build public literacy as the technology moves from labs to markets.
URI’s celebration stood out for its emphasis on accessibility. Attendees included faculty, staff, students and community members who might never have encountered a quantum bit. Hands-on elements and Q&A sessions allowed non-experts to ask about everything from how quantum sensors could improve medical imaging to the ethical questions raised by quantum-powered AI.
Advertisement
One attendee, a local high school teacher, described leaving with new lesson plans. Industry representatives networked with URI students eager for quantum-related careers, highlighting the event’s dual role as education platform and talent pipeline.
URI launched its quantum initiative in 2021 amid a national push to compete with China and others in the field. Quantum computers promise to solve problems in minutes that would take classical supercomputers millennia — from drug discovery to climate modeling and secure communications. Yet the technology also raises concerns about job displacement, privacy and unequal access.
By inviting humanities perspectives, URI organizers sought to address those issues head-on. Discussions on “the intersection of humanities and quantum physics” examined how quantum ideas challenge classical notions of causality and observation, topics that resonate in philosophy and literature.
The approach mirrors a growing global trend. Similar events this year in Yerevan, Armenia; Hanoi, Vietnam; and other cities have featured public talks, art installations and school programs to make quantum concepts tangible.
Advertisement
Reed’s visit underscored federal backing. His work on the Senate Armed Services Committee has focused on quantum applications for cybersecurity and strategic forces. The senator met with students during the lab tour, emphasizing that Rhode Island’s investments position the state as a player in the quantum revolution.
Savoie, the URI alumnus and entrepreneur, shared insights from building SiC Systems, a company advancing quantum-adjacent materials. Robinson from IBM discussed practical deployments of quantum hardware, while Pakrasi outlined AWS tools that lower barriers for researchers and businesses.
Zubairy’s keynote bridged theory and application, explaining how quantum entanglement and superposition enable new computing paradigms. His accessible style — drawing on everyday analogies like polarized sunglasses for photon behavior — exemplified the day’s goal of public conversation.
As the event wrapped, participants lingered over demonstrations and informal chats. For many, it was the first time quantum science felt relevant rather than remote.
Advertisement
Kahn said the mini-grants will sustain momentum. “We anticipate that the results of these mini-grants will generate roadmaps” for societal benefit, he noted. Future presentations at the 2027 event will showcase student projects that could influence everything from quantum-inspired art to policy recommendations on ethical computing.
World Quantum Day itself falls on Tuesday, April 14, 2026. Globally, the date continues to inspire decentralized activities — from webinars to museum exhibits — but URI’s on-campus gathering demonstrated how a midsize public university can lead in outreach.
The event’s success comes as quantum funding surges. The U.S. National Quantum Initiative has allocated billions, with states and universities racing to build infrastructure. URI’s focus on workforce development addresses a key gap: training not just physicists but technicians, ethicists and communicators who understand the technology’s implications.
Critics sometimes warn that hype around quantum computing outpaces current capabilities, with “quantum advantage” still limited to narrow tasks. Yet Friday’s discussions acknowledged those realities while highlighting steady progress in error correction, hybrid quantum-classical systems and sensing applications already entering the market.
Advertisement
By framing quantum science as a societal conversation rather than an elite pursuit, URI aligned with the spirit of the worldwide initiative. Organizers hope the model inspires similar events elsewhere.
As one student participant put it after a panel on quantum and the arts, “I never thought Schrödinger’s cat would help me think about creativity in new ways.”
With the lab opening in 2028 and mini-grants launching this spring, Kingston is positioning itself as more than a college town — it’s becoming a hub where quantum ideas meet public curiosity.
The fifth annual celebration proved that when science steps out of the ivory tower, the public steps in. On a crisp April afternoon, qubits weren’t just for experts anymore. They were for everyone.
Shares of PVR INOX fell 2.5% to the day’s low of Rs 1,000 on the BSE on Tuesday, even as the company returned to profitability in the March quarter, reporting a consolidated net profit of Rs 187 crore versus a loss of Rs 125 crore in the same period last year.
The multiplex operator said strong performance from blockbuster titles, including Dhurandhar – The Revenge, Border 2 and Project Hail Mary, supported the earnings recovery.
With Tuesday’s decline, the stock is down 6% in two sessions.
Revenue from operations for Q4FY26 rose 26% year-on-year to Rs 1,547 crore, up from Rs 1,230 crore reported in the corresponding quarter of the previous financial year. On a sequential basis, profit after tax rose 95% to Rs 187 crore from Rs 96 crore in Q3FY26, even as revenue declined 16% quarter-on-quarter to Rs 1,850 crore in the October–December period.
Advertisement
During the quarter, the company recorded 31 million admissions, reflecting a 2% year-on-year increase. Average ticket price (ATP) stood at Rs 315, up 22% from a year ago, while spend per head (SPH) rose 32% year-on-year to Rs 165.
Live Events
PVR Inox share price: Should you buy, sell, or hold?
Nuvama Institutional Equities has maintained its “Buy” rating on PVR INOX, with a revised target price of Rs 1,620 from Rs 1,605 earlier, implying 58% upside potential. The brokerage expects FY27 to remain strong, driven by a healthy Bollywood and regional film pipeline along with a steady slate from Hollywood. It has retained its earnings estimates and noted that at the current market price, the stock trades at 13x and 11x FY27E and FY28E earnings, respectively. Nuvama noted that the company’s net debt has declined 90% since the 2023 merger, marking its lowest level since the consolidation. Elara Capital has maintained its “Buy” rating on PVR INOX with a target price of Rs 1,300, implying an upside potential of 27%. The brokerage said occupancy levels could sustain in the 25-27% range, supported by a stronger near-term content pipeline that includes titles such as Drishyam 3, Star Wars: The Mandalorian and Grogu, Ramayana Part 1, King, Avengers: Doomsday, Dune: Part 3, Toy Story 5, Toxic and Jailer 2. Elara Capital, however, expects growth in ATP and SPH to moderate after the normalisation seen in FY26. It added that the company’s FOCO and asset-light expansion strategy is likely to support lower capital expenditure intensity and improve free cash flow generation going ahead. Motilal Oswal Financial Services has maintained a “Neutral” rating on PVR INOX with a target price of Rs 1,125, indicating a potential upside of 10%. The brokerage said a recovery in Hollywood box office collections, along with a strong content pipeline across multiple languages, is expected to support the company, particularly given its higher exposure to premium screening formats.
Motilal Oswal also noted that PVR INOX has made significant progress in controlling operating costs, optimising capital expenditure and reducing debt on its balance sheet. However, it cautioned that the business remains highly sensitive to occupancy levels. While management remains optimistic about the CY26 content slate, the brokerage warned that even a 200-300 basis point decline in occupancy could materially hurt screen-level economics and EBITDA performance, creating downside risks to its current estimates.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Ladies and gentlemen, greetings, and welcome to the Quantum Computing, Inc. First Quarter 2026 Shareholder Update Call. [Operator Instructions] It is now my pleasure to introduce your host, John Nesbett with IMS Investor Relations.
John Nesbett
Advertisement
Thank you, and I want to welcome everyone to the Quantum Computing, Inc. First Quarter 2026 Shareholder Update Call. Before we begin, please note that today’s remarks may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding expected results, operational plans, strategy and market opportunities. These statements are made pursuant to the safe harbor provisions of Section 27A of the Securities Act and Section 21E of the Exchange Act and are based on current assumptions and expectations.
Forward-looking statements are neither promises nor guarantees and involve risks and uncertainties that could cause actual results to differ materially. Important factors are discussed in our annual report on Form 10-K for the year ended December 31, 2025, and in subsequent SEC filings, including the quarterly report on Form 10-Q for the quarter ended March 31, 2026. We undertake no obligation to update these statements, except as required by law.
On the call today, we have Dr. Yuping Huang, Chief Executive Officer and Chairman; and Chris Roberts, Chief Financial Officer. The team will provide
HF Foods Group Inc. (HFFG) Q1 2026 Earnings Call May 11, 2026 4:30 PM EDT
Company Participants
Xi Lin – CEO, President & Director Paul McGarry – Chief Financial Officer
Advertisement
Conference Call Participants
Jonathan DeDomenico Aaron Grey – Alliance Global Partners, Research Division Daniel Harriman – Sidoti & Company, LLC William Kirk – ROTH Capital Partners, LLC, Research Division
Advertisement
Presentation
Operator
Greetings, and welcome to HF Foods Group First Quarter 2026 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host to turn the call over to Mr. John DeDomenico. Thank you, and over to you, Mr. DeDomenico. You may begin.
Advertisement
Jonathan DeDomenico
Hello, everyone. Welcome to HF Foods Group’s First Quarter 2026 Earnings Conference Call. Joining me on today’s call are Felix Lin, the company’s President and Chief Executive Officer; and Paul McGarry, the company’s Chief Financial Officer.
Before we begin, let me remind everyone that today’s discussion contains forward-looking statements based on management’s current beliefs and expectations about future events, which are subject to several known and unknown risks and uncertainties. If you refer to HF Foods’ earnings release as well as the company’s most recent SEC filings, you will see a discussion of factors that could cause the company’s actual results to differ materially from those expressed or implied by these forward-looking statements. The company undertakes no obligation to update or revise these forward-looking statements in the future.
In these remarks, the company will make several references to non-GAAP financial measures, including adjusted EBITDA and non-GAAP diluted earnings per share. We believe that these measures provide investors with a useful perspective on the underlying growth trends of the business and have included in the earnings release a full reconciliation of non-GAAP financial measures to the most comparable GAAP measures.
Nobel Hygiene Pvt., a maker of hygiene products, is considering an initial public offering in India that could raise as much as $300 million, according to people familiar with the matter.
The Quadria Capital-backed company has held preliminary discussions with investment banks about a potential listing and may appoint advisers in the coming weeks, the people said, asking not to be identified because the information is private.
The proposed IPO could include a mix of fresh share issuance and secondary sales by existing investors, the people said. Deliberations are ongoing, and details such as size and timing could change.
A representative for Nobel Hygiene said the company regularly evaluates strategic and capital market opportunities and engages with external advisers from time to time as part of that process.
Advertisement
Indian firms have raised about $3.1 billion through IPOs so far this year, compared with roughly $22 billion in all of 2025, according to data compiled by Bloomberg.
Live Events
Quadria Capital, one of Asia’s largest healthcare-focused private equity firms, announced in 2021 that it had acquired a significant minority stake in Nobel Hygiene. Founded in 2000 by Kamal Johari, the company manufactures hygiene products tailored to Indian consumers, according to its website.
Regional voters turning to One Nation believe the party is the only one “fighting” for them, coalition politicians say, as the conservative alliance continues to reel from losing a key seat in a by-election.
You must be logged in to post a comment Login