The selection of showroom spaces follows a meeting between Indian Prime Minister Narendra Modi and Tesla CEO Elon Musk in the US last week.

Microsoft on Wednesday unveiled a new chip that it said showed quantum computing is "years, not decades" away, joining Google and IBM in predicting that a fundamental change in computing technology is much closer than recently believed. Quantum computing holds the promise of carrying out calculations that would take today's systems millions of years and could unlock discoveries in medicine, chemistry and many other fields where near-infinite seas of possible combinations of molecules confound classical computers. Quantum computers also hold the danger of upending today's cybersecurity systems, where most encryption relies on the assumption that it would take too long to brute force gain access.

U.S. President Donald Trump has said that if Tesla were to build a factory in India to circumvent that country's tariffs, it would be "unfair" to the U.S., in an interview with Fox News which aired on Tuesday. Trump called out India's high duty on cars during Prime Minister Narendra Modi's visit to the U.S. last week, but agreed to work towards an early trade deal and resolve their standoff over tariffs. Tesla's CEO Elon Musk has long criticised India for having import tariffs of around 100% on EVs which protect local automakers such as Tata Motors in the world's third largest auto market, where EV adoption is still at a nascent stage.

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As you might expect, since we're in the height of earnings season, Appian's latest quarterly results are fueling that upward move. Cloud subscription revenue grew 19% year-over-year, and it achieved a 116% cloud subscription revenue retention rate. Cloud subscriptions are the most profitable and fastest-growing part of Appian's business.

The big-data analytics company’s latest rally has lifted its valuation to 75 times the $3.75 billion in sales that analysts forecast for this year.

Wall Street appears a bit tired after celebrating a record close last night. The S&P 500 dipped 0.1% with roughly half of its member stocks on the decline. The Dow was down 145 points, or 0.3%. The Nasdaq Composite fell 0.

Arista Networks (ANET) stock is retreating Wednesday morning despite the company topping fourth quarter estimates and providing first quarter revenue guidance above expectations. The negative market reaction stems from concerns about customer concentration, as the company reported a 17% revenue hit from Meta Platforms (META), one of its largest clients. Catalysts hosts Madison Mills and Alexandra Canal analyze the implications of Arista's earnings report and the market's response to its dependence on major tech customers. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith

Bumble App revenue is forecasted to drop 6%-8% to a range of $198 million to $202 million.