1155 ET - Quantinuum's third-quarter revenue beat and raised full-year guidance speak to growing commercial traction for the quantum computing company, Morgan Stanley analysts write in a note. The growing commercial business came as Quantinuum reached two error-correction records during the quarter, and new engagements with Johnson & Johnson and GE Vernova signal "growing customer confidence in the roadmap," the analysts write. They consider the company a leader across the quantum computing industry. "It is still early, and growth will not be linear, but the commercial and technical datapoints both moved in the right direction this quarter," they write. Quantinuum shares jump 20 .